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☆ Read the casual emails between Elon Musk and Sam Altman that kicked off OpenAI
▼ + stars: | 2024-11-16 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

AdvertisementElon Musk amended his lawsuit against OpenAI and Sam Altman, adding Microsoft as a defendant. Musk included emails between himself and Altman from 2015 in which they discussed starting OpenAI. Elon Musk unveiled several emails between himself and fellow billionaire Sam Altman this week as evidence in the Tesla CEO's lawsuit against Altman and OpenAI, shining a light on the casual beginnings of the now-$157 billion company. Musk helped found OpenAI in 2015 but has frequently criticized the company and its leaders in the years since. The SpaceX CEO left the AI startup in 2018.

Persons: Elon Musk, Sam Altman, Musk, Altman, OpenAI, Sam Musk, Bill Gates, Pierre Omidyar, Dustin Moskovitz, we'd, Peter Thiel, I've, Semafor Organizations: OpenAI, Microsoft, Business, SpaceX, Google, YC, Manhattan Project

☆ Larry Ellison bought an entire island and Jeff Bezos owns a $78 million property there, but eBay's reclusive founder is Hawaii's richest resident
▼ + stars: | 2024-05-03 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Despite all the big stars that flock to Hawaii, the elusive founder of eBay, Pierre Omidyar takes the state's crown. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Notable island neighbors include billionaires like Oprah Winfrey, Jeff Bezos, Peter Thiel, and Oracle founder Larry Ellison. But despite the big names and showy personalities of Hawaii's ultra-rich residents, it's the media-shy founder of eBay, Pierre Omidyar, who is the island state's richest permanent inhabitant, according to Forbes's list of the richest billionaire in every state for 2024.

Persons: Forbes, Pierre Omidyar, Omidyar, —, Oprah Winfrey, Jeff Bezos, Peter Thiel, Larry Ellison Organizations: eBay, Service, Oracle, Business Locations: Hawaii

The Dells contributed nearly $976 million to their charitable funds, which distribute gifts to a wide array of charities. Together, the 50 donors on the list contributed a total of $11.9 billion to charity in 2023. Only 23 of the richest Americans on the Forbes 400 list donated enough to appear on the Philanthropy rankings. 13 on the list, they contributed $210 million to the Institute for Protein Innovation, which shares its data with scientists for free. _____Maria Di Mento is a senior reporter and Jim Rendon is a senior writer at the Chronicle of Philanthropy, where you can read the full article.

Persons: Michael Bloomberg, Phil Knight, Penny, Michael Dell, Susan, Bill Gates, Melinda French Gates, Bernie Marcus, Ken Langone, Arthur Blank, “, ”, Renee Kaplan, — Franklin Antonio, Hugh Hoffman, —, Tim Springer, Chafen Lu, Diego’s Jay Kahn, Lauder, Sergey Brin’s, Michael J, Robert Kraft, Lucia Woods, David, Kathleen LaCross, Pierre Omidyar, Pam, They’re, John, Laura Arnold, Laura, ” Laura Arnold, Wendy Schmidt, Eric Schmidt, “ Younger, Kaplan, Jeff Sobrato, _____ Maria Di Mento, Jim Rendon, Kay Dervishi Organizations: New, New York City, Nike, Bloomberg, Knights, University of Oregon, Dells, Forbes, Forward, Qualcomm, Summer Science, SETI Institute, ALS Association , University of Cincinnati Foundation, Cincinnati Zoo, Botanical, Nature Center, Yale University, Institute for Protein Innovation, Price Club, Apple, San Diego Foundation, Discovery Foundation, Google, Fox Foundation, Parkinson’s Research, New England Patriots, Foundation, Combat, Ms, Foundation for Women, Chicago Foundation for Women, University of Virginia Darden School of Business, eBay, District of Columbia, Associated Press, Philanthropy Locations: New York, Portland , Oregon, Ohio, Moderna, California, Florida, Texas, Virginia, Washington, Hawaii, Massachusetts

A person who works with the group, American Edge Project, told CNBC that the $34 million was from Facebook. A Meta spokesman declined to comment and referred CNBC to American Edge instead. The person who works with American Edge told CNBC that the $4 million was also entirely from Facebook. American Edge launched a wave of TV and digital ads from late 2020 through 2021, taking on antitrust proposals. American Edge spent over $5 million between TV and digital ads in 2021, according to data from AdImpact.

☆ India's financial crime agency searches Franklin Templeton execs, sources say
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: +1 min

India's federal financial crime agency on Thursday conducted searches on Franklin Templeton India's former and current officers in Mumbai in relation to the closure of some funds in 2020, two sources told Reuters on Thursday. The searches are in connection with Franklin Templeton closing six debt schemes in April 2020, which it had blamed on the lack of liquidity due to Covid-19's impact on the markets. Vivek and Rupa Kudva were held guilty of withdrawing their own investments ahead of the winding of the schemes. A spokesperson for Franklin Templeton did not immediately respond to a Reuters request for comments. Vivek and Rupa Kudva could not be immediately reached for comment.

☆ The Intercept laid off half a dozen staffers last month, culling the video team and other key positions from the nonprofit investigative newsroom
▼ + stars: | 2023-02-08 | by ( Reed Alexander | ) www.businessinsider.com time to read: +3 min

The Intercept laid off half a dozen staffers last month, Insider has learned. The layoffs mean the investigative outlet no longer has a video team and cut other key positions. Amid a spate of layoffs that have rocked newsrooms over the past few months, the nonprofit newsroom The Intercept laid off half a dozen staffers in January, Insider has learned. "We can't build something if we're losing colleagues at a rate like this," the union organizers wrote in the mid-January note. Are you a media insider who's been affected by recent layoffs, or thinks a staff cut might hit your company?

☆ 'Victory for press freedom in the Philippines': Nobel winner Maria Ressa and her news company cleared of tax evasion
▼ + stars: | 2023-01-18 | by ( ) www.cnbc.com time to read: +3 min

Nobel Peace Prize winner Maria Ressa gives a speech during the Nobel Peace Prize ceremony on Dec. 10, 2021 in Oslo, Norway. Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle critical reporting. Rappler welcomed the court decision as "the triumph of facts over politics." Human Rights Watch said the tax charges under Duterte's rule were "bogus and politically motivated" and the acquittal of Ressa and Rappler "is a victory for press freedom in the Philippines." The tax court ruled that the Philippine Depositary Receipts issued by Rappler were non-taxable, removing the basis of the tax evasion charges filed by Justice Department prosecutors under Duterte.

☆ TikTok banned on government devices under spending bill passed by Congress
▼ + stars: | 2022-12-23 | by ( Lauren Feiner | ) www.cnbc.com time to read: +8 min

The bill includes an exception for law enforcement, national security and research purposes. TikTok has repeatedly said its U.S. user data is not based in China, though those assurances have done little to alleviate concern. While it fell short of antitrust advocates' hopes, the inclusion of the merger filing fee bill still gained praise. Miller said the bill will "significantly strengthen antitrust law for the first time since 1976." Empowering state AGs in antitrust casesAnother antitrust bill included in the package was a version of the State Antitrust Enforcement Venue Act.

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022. "We are tracking recent developments at Twitter with deep concern," an FTC spokesperson said in a statement. Since then, other executives have announced their departures, including most recently Chief Information Security Officer Lea Kissner. According to internal communications obtained by CNBC, three execs involved in information security, privacy and compliance all resigned in recent days, including Kissner. Under that order, Twitter agreed to install an enhanced privacy program and information security program with specific requirements.

☆ Supply-Chain Tech Provider Project44 Delays Potential Public Offering
▼ + stars: | 2022-11-03 | by ( Paul Page | ) www.wsj.com time to read: +4 min

Supply-chain technology provider project44 has postponed plans for a possible public stock offering amid the uncertainty in markets, and instead is turning to more venture-capital investment to expand its business tracking goods through global transportation networks. Funding for supply-chain technology startups has also tapered off this year, according to analytics firm PitchBook Data Inc., as venture-capital firms have reined in deal making. Mr. McCandless said project44 can continue to expand without going to public markets over the next couple of years based on its existing investment and cash flow. PREVIEWMr. McCandless said project44 was in position to file paperwork in June for a future public stock offering. A public offering, he said, would allow more venture-capital and private-equity investors to cash out in public markets while letting the company have continuing access to capital.

At an election office in Flagstaff, Arizona, voters will encounter bulletproof glass and need to press a buzzer to enter. Election officials around the country said they were coordinating more closely with local law enforcement to respond quickly to disturbances. The Justice Department says it has investigated more than 1,000 messages to election workers since the 2020 election, including more than 100 that could warrant prosecution. PROTECTIVE MEASURESMany election officials blame disinformation, such as Trump's baseless claims about election fraud in the 2020 election, for the surge in threats. In Michigan, Republican candidates for governor, attorney general and other positions have questioned the outcome of the 2020 election.

☆ Facebook whistleblower Frances Haugen is reportedly being funded by the billionaire founder of eBay
▼ + stars: | 2021-10-21 | by ( Hannah Towey | ) www.businessinsider.com time to read: +4 min

Facebook whistleblower Frances Haugen is backed by the billionaire founder of eBay, Politico reported. "We are the only organization from The Omidyar Group that is directly supporting the work of Frances Haugen and her team. Sophie Zhang, another Facebook whistleblower who first spoke out about issues at the company in April 2021, has received less public attention. "We are grateful to the brave people who have called out Big Tech for its bad behavior. They are an important part of creating systemic checks and balances for Big Tech," the post continues.

☆ У вас все еще есть наличные? Тогда мы идем к вам!
▼ + stars: | 2020-10-08 | by ( ) newsmd.md time to read: +22 min

Чтобы доказать свою приверженность к теории построения безналичного общества, наша страна даже вступила в Альянс «Лучше, чем наличные» (BTCA). К декларируемым и преследуемым целям ВТСА мы еще вернемся.Специалисты неоднозначно высказываются о необходимости перехода на безналичный расчет. Некоторые эксперты даже называют безналичный расчет локомотивом мировой экономики.точка зрения — это отсутствие права выбора, большой риск потери контроля над финансами. И даже добились некоторых успехов, например, в процессе внедрения безналичного расчета при оплате госуслуг. То есть процесс перехода на безналичный расчет и вообще денежная политика находится на стадии становления в новых реалиях.

Persons: moneymetals.com, Seth Mason, Валерий Стрелец, Октавиан Армашу, Роман Киркэ, Мелинда Гейтс, Сет Мейсон (Seth Mason) Organizations: MasterCard Visa, Citigroup, USAID, Omidyar Network, Visa Inc, MasterCard, MasterCard, Visa, Альянс, Агентство Электронного Управления, ЛДПМ, ВТС, Национальный банк Молдовы (НБМ), Банки и финансы, НБМ, Институт рыночной экономики, Агентство публичных услуг, Центробанк, СМИ, Департамент, Better Than Cash, Фонд капитальное развитие, Организация Объединенных Наций, Агентство США по международному развитию, Фонд Билла, Citigroup, Фонд Форда, USAID, Omidyar Network, Visa Inc, ООН, G20, BTCA Locations: –, Европа, Париж, Франция, Кишинев, Молдова, Еврозона, Мексика, Непал, Афганистан, Бангладеш, Бенин, Колумбия, Доминиканская Республика, Папуа – Новая Гвинея, Пакистан, Уругвай, Вьетнам, Папуа– Новая Гвинея, Запад, США, Уолл-стрит, Швеция

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