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☆ US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Jonathan Bachman/File Photo Acquire Licensing RightsNov 20 (Reuters) - The U.S. Coast Guard on Monday said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated had released more than a million gallons of crude oil. "Overflight teams observed visible oil Friday moving southwest away from the Louisiana shore," the Coast Guard said, as oil recovery efforts continued and underwater devices surveyed the pipeline to find the leak's source. While the exact volume of discharged oil was not known, the Coast Guard, which was leading the clean-up, said initial engineering calculations placed the volume of the leak at 1.1 million gallons, or 26,190 barrels. The U.S. Environmental Protection Agency said on Friday that the Coast Guard had activated the National Response Team, comprising 15 federal entities responsible for coordinating the response to oil pollution incidents. Third Coast Infrastructure, which owns MPOG, declined to comment on Friday and referred questions to the Coast Guard.

Persons: Jonathan Bachman, Elizabeth Varghese, Bill Berkrot Organizations: REUTERS, U.S . Coast Guard, Coast Guard, Environmental Protection Agency, Coast Infrastructure, Thomson Locations: Mississippi, Plaquemines Parish , Louisiana, Louisiana, Gulf of Mexico, Delta, Plaquemines Parish, New Orleans, U.S, Bengaluru

☆ Sam Altman will not return as CEO of OpenAI - The Information
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: 1 min

[1/2] Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsCompanies Microsoft Corp FollowNov 20 (Reuters) - Sam Altman will not return as CEO of OpenAI despite efforts from the company's executives to bring him back, The Information reported on Sunday. Emmett Shear, co-founder of video streaming site Twitch, will take over as interim CEO, the report said, citing co-founder and board director Ilya Sutskever. Reporting by Baranjot Kaur in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Altman, Carlos Barria, Emmett Shear, Ilya Sutskever, Baranjot Kaur, Nivedita Organizations: Economic Cooperation, REUTERS, Microsoft, Thomson Locations: Asia, San Francisco , California, U.S, Bengaluru

☆ How close are crypto markets to first spot bitcoin, ether ETFs?
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

Word "Crypto" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 20 (Reuters) - A spate of filings for spot bitcoin and ether exchange-traded funds (ETFs), including from traditional finance heavyweights, has revived the crypto market that had been crushed by a series of meltdowns last year. A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August. Here is a pipeline of filings for spot bitcoin ETFs awaiting approval:Reuters GraphicsHere is a pipeline of spot ether ETFs awaiting approval:Here are some ether futures-tied ETFs that have been approved recently:Sources: filings, media reports, company statementsReporting by Manya Saini and Niket Nishant in Bengaluru; Editing by Michelle Price and Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: magnifier, Dado Ruvic, Manya Saini, Niket, Michelle Price, Shounak Organizations: REUTERS, SEC, Thomson Locations: Bengaluru

☆ Anne Richards steps down as Fidelity International CEO
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

Anne Richards, CEO of Fidelity International, attends the Global Financial Leaders' Investment Summit, in Hong Kong, China November 8, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsNov 20 (Reuters) - Asset manager Fidelity International announced on Monday that Anne Richards has stepped down as chief executive officer after five years and will become vice chair at the company. Richards, who has more than 30 years of experience in asset management, led M&G Investments before joining Fidelity as chief executive officer in 2018, replacing Brian Conroy. “Over the last five years Anne has accomplished a tremendous amount for our organisation in service of our clients," Chair of Fidelity International, Abby Johnson, said. In her new role as vice chair, Richards will help the company with its external relationships and strategic partnerships, Fidelity said in a statement.

Persons: Anne Richards, Tyrone Siu, Richards, Brian Conroy, Anne, Abby Johnson, Pritam Biswas, Pooja Desai Organizations: Fidelity International, Global Financial, Investment, REUTERS, G Investments, Fidelity, Aberdeen Asset Management, Thomson Locations: Hong Kong, China, Bengaluru

☆ Explainer: GM-owned Cruise's wrong turn could slow robotaxi push
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +3 min

Robotaxis are autonomous self-driving cabs which require no human interaction to operate the vehicle. When did driverless cabs become a reality? Cruise followed with its first driverless ride service last year in San Francisco, and slowly expanded to include Phoenix, Arizona, and Austin, Texas. The use of driverless cabs also raises the prospect of job losses and could attract pushback from unions. Regulatory hurdles facing robotaxisCommercializing fully autonomous vehicles, especially robotaxis, has been harder than expected with tough regulations, complicated technology and heavy investments forcing some to cut jobs.

Persons: Elijah Nouvelage, Cruise, Here's, Waymo, Nathan Gomes, Devika Organizations: San, GM Bolt, REUTERS, General Motors, Companies, Technologies, Amazon.com, Ford, Volkswagen, Argo, Thomson Locations: San Francisco, San Francisco , California, U.S, United States, Phoenix , Arizona, Austin , Texas, Bengaluru

☆ Microsoft eyes seat on OpenAI's revamped board - The Information
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: 1 min

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes//File Photo Acquire Licensing RightsNov 19 (Reuters) - OpenAI's biggest backer, Microsoft (MSFT.O), is considering taking a role on the board if ousted CEO Sam Altman returns to the ChatGPT developer, the Information reported on Sunday citing two people familiar with the talks. Microsoft could either take a seat on OpenAI's board of directors, or as a board observer without voting power, the report added. Reporting by Urvi Dugar in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Gonzalo Fuentes, Sam Altman, Urvi, Rashmi Organizations: Microsoft, REUTERS, OpenAI's, Thomson Locations: Issy, Paris, France, Bengaluru

☆ Australian telco Optus CEO resigns days after network-wide outage
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

Nov 20 (Reuters) - Australia's second-largest telco Optus' Chief Executive Officer Kelly Bayer Rosmarin has resigned, its parent Singapore Telecommunications (STEL.SI) said on Monday, days after a network-wide outage left nearly half the country without phone or internet for 12 hours. Optus has appointed Chief Financial Officer Michael Venter as interim CEO. Peter Kaliaropoulos was appointed to a newly created position of chief operating officer, SingTel added. More than 10 million Australians were hit by the 12-hour network blackout at the nation's second-largest telco for much of Wednesday, triggering fury and frustration among customers and raising wider concerns about the telecommunications infrastructure. Reporting by Himanshi Akhand in Bengaluru; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Kelly Bayer Rosmarin, Michael Venter, Peter Kaliaropoulos, SingTel, Yuen Kuan, Himanshi, Lisa Shumaker Organizations: Optus, Singapore Telecommunications, Thomson Locations: Bengaluru

☆ OpenAI invites Altman, Brockman to HQ:, The Information reports
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing RightsCompanies Microsoft Corp FollowOpenai LLC FollowNov 19 (Reuters) - Ousted OpenAI CEO Sam Altman and former President Greg Brockman joined executives at the company's San Francisco headquarters on Sunday after interim CEO Mira Murati told staff she invited Altman, The Information reported on Sunday. OpenAI declined to comment to Reuters on the details of the report from The Information. OpenAI’s former president and co-founder, Brockman also arrived at the office on Sunday, The Information reported. Brockman had stepped down from the board as chairman as part of the management shuffle, and announced on Friday he quit the company.

Persons: Sam Altman, Amir Cohen, Greg Brockman, Mira Murati, Altman, Altman's, Brockman, Urvi, Stephanie Kelly, Chris Reese Organizations: Microsoft, Tel Aviv University, REUTERS, San, Sunday, Reuters, Thomson Locations: Tel Aviv, Israel, San Francisco, Bengaluru, New York

☆ Blackstone frontrunner in Signature Bank commercial-property loan sale, Bloomberg reports
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

A person waits for a teller at a Signature Bank branch in New York City, U.S., March 13, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 19 (Reuters) - Blackstone (BX.N) is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's (FDIC) sale of Signature Bank debt, Bloomberg News reported on Sunday. In September, the FDIC was seeking buyers for the $33 billion commercial real estate loan portfolio of failed New York lender Signature Bank. The entire portfolio sale has yet to close," it said. Blackstone, and Newmark Group did not immediately respond to requests for comment.

Persons: David, Dee, Delgado, Newmark, Blackstone, Chandni Shah, Lisa Shumaker, Bill Berkrot Organizations: Bank, REUTERS, Blackstone, U.S . Federal Deposit Insurance, Signature Bank, Bloomberg, Starwood Capital Group, Brookfield Asset Management, FDIC, Newmark Group, Thomson Locations: New York City, U.S, New York, Bengaluru

OpenAI and Altman did not reply to requests for comment. Kholsa Ventures, an early backer of OpenAI, wants Altman back at OpenAI but "will back him in whatever he does next," the fund's founder Vinod Khosla posted on X on Saturday. Others expressed support for joining Altman in starting a company, a third person familiar with the matter said. Tech website The Verge earlier reported the OpenAI board's discussions with Altman to return as CEO. Forbes reported on Saturday investors were plotting to restore Altman as CEO.

Persons: Sam Altman, Altman, Vinod Khosla, Altman's, Elon Musk, Greg Brockman, OpenAI, Brockman, Szymon Sidor, Sidor, Jony, SoftBank, Masayoshi Son, Brad Lightcap, Forbes, Krystal Hu, Anna Tong, Jeffrey Dastin, Gursimran, Chizu Nomiyama, Kenneth Li, William Mallard Organizations: Microsoft, Kholsa Ventures, Union, U.S, Altman, Reuters . Tech, Thomson Locations: OpenAI, New York, San Francisco, Gursimran Kaur, Bengaluru

☆ U.S., Israel and Hamas reach tentative deal to pause conflict and free dozens of hostages- WaPo
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

Smoke rises after an Israeli airstrike in Gaza, as seen from southern Israel, amid the ongoing conflict between Israel and the Palestinian group Hamas, November 18, 2023. REUTERS/Alexander Ermochenko/File Photo Acquire Licensing RightsNov 18 (Reuters) - Israel, the United States and Hamas have reached a tentative agreement to free dozens of women and children held hostage in Gaza in exchange for a five-day pause in fighting, the Washington Post reported on Saturday, citing people familiar with the deal. Hamas took about 240 hostages during its Oct. 7 rampage inside Israel that killed 1,200 people. There was no immediate comment from the White House or the Israeli prime minister's office on the Post report. Reporting by Akanksha Khushi in Bengaluru and Doina Chiacu in Washington; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Alexander Ermochenko, Akanksha, Chizu Organizations: Palestinian, Hamas, REUTERS, Washington Post, Thomson Locations: Gaza, Israel, United States, Bengaluru, Doina, Washington

☆ Di Giannantonio takes Qatar GP win, Bagnaia extends championship lead
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +3 min

Victory marked a special weekend for Di Giannantonio, who also finished second in Saturday's sprint . I was struggling with the front (tyre) but I saw Pecco (Bagnaia) making little mistakes," a grinning Di Giannantonio said in a post-race interview. Bagnaia lost the lead with four laps to go but the Ducati rider has still put one hand on the rider's championship after extending his lead over Martin to 21 points. Up front, Di Giannantonio did not let up. "We managed to do a perfect start, I tried to create a gap but Diggia (Di Giannantonio) was incredible.

Persons: Racing's Fabio Di Giannantonio, Francesco Bagnaia, Jorge Martin, Di Giannantonio, Bagnaia, Luca Marini, It's, Martin, Marini, Marc Marquez, Yamaha's Fabio Quartararo, Jack Miller, Giannantonio, we've, Jorge, Rohith Nair, Toby Davis Organizations: Qatar, Prix, MotoGP, Circuit, VR46 Racing, Ducati, Thomson Locations: LUSAIL, Qatar, Bengaluru

☆ Humanitarian team describes Gaza's Al Shifa Hospital as 'death zone', WHO says
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +3 min

A makeshift operating theater area is seen inside Al Shifa hospital during Israel's ground operation around the hospital, in Gaza City November 12, 2023. There were 25 health workers and 291 patients, including 32 babies in critical condition, remaining in Al Shifa, WHO said. "WHO and partners are urgently developing plans for the immediate evacuation of the remaining patients, staff and their families," it said. Israeli forces seized Al Shifa in their offensive across north Gaza last week, saying it concealed an underground Hamas command centre. Al Shifa staff say Israel has proven no such thing.

Persons: Al, Ahmed El Mokhallalati, Al Shifa, Israel, Gursimran Kaur, Cynthia Osterman Organizations: Al Shifa, World Health Organization, WHO, Israeli Defense Forces, Thomson Locations: Al Shifa, Gaza City, Gaza, Al, Bengaluru, Doina, Washington

☆ Most Gulf markets gain on rising oil prices
▼ + stars: | 2023-11-19 | by ( Ateeq Shariff | ) www.reuters.com time to read: +2 min

REUTERS/Christopher Pike Acquire Licensing RightsNov 19 (Reuters) - Most stock markets in the Gulf ended higher on Sunday in response to Friday's rise in oil prices, with the Saudi index rising for a fourth consecutive session. Oil prices - often a catalyst for the Gulf's financial market - jumped more than 4% on Friday, rebounding from a 4-month low, with U.S. sanctions on some Russian oil shippers lending support. Saudi Arabia's benchmark index (.TASI) gained 0.5%, with oil giant Saudi Aramco (2222.SE) gaining 0.3% and the country's biggest lender Saudi National Bank (1180.SE) advancing 1.5%. In Qatar, the index (.QSI) closed 0.2% higher, helped by a 1% rise in the Gulf's biggest lender Qatar National Bank (QNBK.QA). Outside the Gulf, Egypt's blue-chip index (.EGX30) advanced 2.1%, buoyed by a 3.8% jump in Commercial International Bank (CIB) (COMI.CA).

Persons: Joe Biden, Christopher Pike, Kristalina Georgieva, Ateeq, Alex Richardson Organizations: Dubai Financial, United Arab Emirates, REUTERS, Saudi, Saudi Aramco, Saudi National Bank, Qatar National Bank, Gulf Cooperation Council, U.S . Federal Reserve, International Bank, CIB, Egypt's, European Bank for Reconstruction, Monetary Fund, Reuters, Thomson Locations: Dubai, United Arab, Saudi, Qatar, Israel, Ateeq Shariff, Bengaluru

☆ Australian bourse operator partners with TCS for long due trading software overhaul
▼ + stars: | 2023-11-19 | by ( Himanshi Akhand | ) www.reuters.com time to read: +3 min

A board displaying stock prices is adorned with the Australian Securities Exchange (ASX) logo in central Sydney, Australia, February 13, 2018. REUTERS/David Gray/File Photo Acquire Licensing RightsNov 20 (Reuters) - Australian bourse operator ASX Ltd (ASX.AX) said on Monday it entered a deal with TATA Consultancy Services (TCS) <TCS.NS> to design and replace its trading, clearing and settlement system, after months of backlash since pulling a blockchain-based overhaul of the system last year. The estimated cost for the first release of the Clearing House Electronic Subregister System (CHESS) project is between A$105 million ($68.33 million) and A$125 million, to be incurred over multiple years, ASX said. ASX's initial attempt to overhaul CHESS earned rebuke from the Australian Securities and Investments Commission (ASIC) and Reserve Bank of Australia, with the regulators demanding more thorough reporting on plans to update the 30-year-old software. ($1 = 1.5366 Australian dollars)Reporting by Himanshi Akhand in Bengaluru Editing by Chris Reese and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Joe Longo, Helen Lofthouse, Himanshi, Chris Reese, Diane Craft Organizations: Australian Securities Exchange, REUTERS, TATA Consultancy Services, Australian Securities and Investments Commission, Reserve Bank of Australia, Accenture, TCS, Thomson Locations: Sydney, Australia, Australian, Bengaluru

☆ Bayer Cancels Asundexian Phase III Study Program
▼ + stars: | 2023-11-19 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Germany's Bayer AG said on Sunday it is cancelling a phase III study program to investigate the efficacy and safety of asundexian, an oral Factor XIa (FXIa) inhibitor. The decision to stop the study is based on the recommendation by the Independent Data Monitoring Committee (IDMC). IDMC monitoring showed an inferior efficacy of asundexian compared to the control arm of the study. "A phase III study investigating asundexian compared to Apixaban in patients with atrial fibrillation at risk for stroke is being stopped early," the company said in a statement. Bayer, which initiated the study in August 2022, said it will further analyze the data to understand the outcome and will take appropriate measures.

Persons: Bayer, Jose Joseph, Chris Reese Organizations: Reuters, Germany's Bayer AG, Independent Data Monitoring, Bayer Locations: Bengaluru

A board displaying stock prices is adorned with the Australian Securities Exchange (ASX) logo in central Sydney, Australia, February 13, 2018. That will, however, take time, with the overhaul now expected to finish in 2029, some 13 years after it began. It also prompted the Australian Securities and Investments Commission (ASIC) to open an investigation into the exchange's disclosures about the project. ASX said it expected the first stage of the new project, clearing software, to cost between A$105 million and A$125 million with delivery around 2026. The cost and timing of the settlement and other software will be decided in 2024.

Persons: David Gray, Tim Whiteley, Joe Longo, Longo, Byron Kaye, Himanshi, Edwina Gibbs Organizations: Australian Securities Exchange, REUTERS, Tata Consultancy Services, New, Australian Securities and Investments Commission, Thomson Locations: Sydney, Australia, India, Finland, Canada, New York, Bengaluru

☆ Djokovic looking to cap off 'almost perfect' year with ATP finals win
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

Djokovic has won the Australian Open, French Open and U.S. Open this year to take his tally up to 24 Grand Slam titles and overtake rival Rafa Nadal. He also surpassed Steffi Graf's record for the most weeks as world number one. "I had an almost perfect season, Grand Slam season," Djokovic told reporters after his 6-3 6-2 win over Alcaraz on Saturday. Djokovic will take on local favourite Sinner in the final later on Sunday, where the world number one will be out for revenge after losing to the Italian in the group stage. "But I don't think it's going to prevail because he's been playing well, he's going to have crowd on his side.

Persons: Novak Djokovic, Carlos Alcaraz, Sinner, Djokovic, Rafa Nadal, Steffi Graf's, I'm, I've, he's, Aadi Nair, Kim Coghill Organizations: Alcaraz, Won, Thomson Locations: Bengaluru

☆ OpenAI board in discussions with Sam Altman to return as CEO, The Verge reports
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: 1 min

Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing RightsCompanies Microsoft Corp FollowNov 18 (Reuters) - The OpenAI board is in discussions with Sam Altman to return as the CEO of the company, The Verge reported Saturday, citing multiple people familiar with the matter. Reporting by Gursimran Kaur in Bengaluru; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Altman, OpenAI, Chuck Schumer, Julia Nikhinson, Gursimran Kaur, Cynthia Osterman Organizations: Intelligence, Senate, U.S, Capitol, REUTERS, Microsoft, Thomson Locations: Washington , U.S, Bengaluru

☆ Meta moves members of its Responsible AI team to other groups
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

Meta AI logo is seen in this illustration taken September 28, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 18 (Reuters) - Meta Platforms (META.O) is dispersing the members of its Responsible AI team among other groups in the company where they will continue to work on preventing harms associated with artificial intelligence, the company said on Saturday. Most of the Responsible AI team members will move to generative AI "and will continue to support relevant cross-Meta efforts on responsible AI development and use," the statement said. "We continue to prioritize and invest in safe and responsible AI development and these changes will allow us to better scale to meet our future needs," the spokesperson said. Meta's portfolio of AI products includes its language model "Llama 2" and an AI chatbot called Meta AI that can generate text responses and photo-realistic images.

Persons: Dado Ruvic, Gursimran Kaur, Chizu Nomiyama, Cynthia Osterman Organizations: REUTERS, Meta, Thomson Locations: Bengaluru

Companies Openai LLC FollowApple Inc FollowMicrosoft Corp Follow Show more companiesNov 18 (Reuters) - Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to launch, sources briefed on the plan said on Saturday. Altman could not be reached for comment and Brockman did not immediately respond to a Reuters request for comment. Some researchers at OpenAI, including Szymon Sidor, have quit the company over the CEO change but it was unclear if Sidor and others will join Altman's new venture. The board of OpenAI, the company behind hit product ChatGPT, on Friday pushed out its high-profile CEO Altman. Co-founder Brockman quit shortly after Altman was fired.

Persons: Sam Altman, Greg Brockman, OpenAI, Altman, Brockman, Szymon Sidor, Sidor, Jony, Masayoshi Son, Altman's, Brad Lightcap, Krystal Hu, Anna Tong, Jeffrey Dastin, Gursimran, Chizu Nomiyama, Kenneth Li Organizations: Microsoft, Reuters, Thomson Locations: New York, San Francisco, Gursimran Kaur, Bengaluru

☆ OpenAI's $86 billion share sale in jeopardy after Altman firing- The Information
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

OpenAI and Thrive Capital did not immediately respond to Reuters' requests for comment. The news comes after the board of the company behind ChatGPT fired Altman on Friday. Greg Brockman, OpenAI president and co-founder, who stepped down from the board as chairman as part of the management shuffle, quit the company. The departures blindsided many employees who discovered the abrupt management change from an internal message and the company's public facing blog. Reporting by Gursimran Kaur in Bengaluru; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Sam Altman, ChatGPT, Altman, Greg Brockman, OpenAI, Gursimran Kaur, Daniel Wallis Organizations: REUTERS, Microsoft, Thomson Locations: Bengaluru

☆ Meta breaks up its Responsible AI team, The Information reports
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

Meta AI logo is seen in this illustration taken September 28, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 18 (Reuters) - Meta Platforms (META.O) is breaking up its Responsible AI team that worked on understanding and preventing harms associated with the artificial intelligence technology it is developing, The Information reported on Saturday, citing an internal post. As the company diverts more resources to its generative AI work, most employees on the Responsible AI team will move to Meta's generative AI team that was formed in February, the report added. In October, the social media giant started rolling out generative artificial intelligence (AI) tools that can create content like image backgrounds and variations of written text for all advertisers. Meta's portfolio of AI products includes its language model "Llama 2" and an AI chatbot called Meta AI that can generate text responses and photo-realistic images.

Persons: Dado Ruvic, Meta, Gursimran Kaur, Chizu Organizations: REUTERS, Thomson Locations: Bengaluru

☆ Elon Musk, under fire, threatens lawsuit against media watchdog
▼ + stars: | 2023-11-18 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +3 min

Leon Neal/Pool via REUTERS/File Photo Acquire Licensing RightsNov 18 (Reuters) - Elon Musk threatened on Saturday to sue media watchdog Media Matters and those who attacked his social media platform X, following moves by several large U.S. companies to halt advertising on the site after being promoted alongside antisemitic content. Liberal watchdog group Media Matters for America said earlier this week that it found ads from IBM, Apple and others were placed alongside content promoting Adolf Hitler and the Nazi Party. "This week Media Matters for America posted a story that completely misrepresented the real experience on X, in another attempt to undermine freedom of speech and mislead advertisers," a statement posted by Musk said. He accused Media Matters of creating an alternative account designed to "misinform advertisers" about their posts. Media Matters did not immediately respond to an emailed request seeking comment outside of business hours.

Persons: Tesla, Elon Musk, Leon Neal, Adolf Hitler, Musk, Axios, Musk's, Mrinmay Dey, David Gaffen, Tomasz Janowski, Kirsten Donovan, Daniel Wallis Organizations: SpaceX's, Bletchley, Media, Liberal, America, IBM, Apple, Nazi Party, X Corp, Disney, Warner Bros Discovery, Comcast, Lions Gate Entertainment, Paramount Global, Defamation League, ADL, Hamas, Thomson Locations: Bletchley, Britain, United States, Israel, Palestinian, Bengaluru

☆ Elon Musk says X to file 'thermonuclear' lawsuit against media watchdog
▼ + stars: | 2023-11-18 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +3 min

Leon Neal/Pool via REUTERS/File Photo Acquire Licensing RightsNov 18 (Reuters) - X Corp, formerly known as Twitter, will file a lawsuit against Media Matters and those who attacked social media platform X, Elon Musk said on Saturday in a post on the platform, soon after major U.S. companies paused their advertisements on the site. Liberal media watchdog group Media Matters for America earlier this week said it found that corporate advertisements by IBM, Apple, Oracle and Comcast's Xfinity were being placed alongside antisemitic content. Musk on Wednesday endorsed an antisemitic post on X that falsely claimed members of the Jewish community were stoking hatred against white people. "Media Matters created an alternate account and curated the posts and advertising appearing on the account's timeline to misinform advertisers about the placement of their posts." Media Matters did not immediately respond to an emailed request seeking comment outside of business hours.

Persons: Tesla, Elon Musk, Leon Neal, Musk, Comcast's Xfinity, Adolf Hitler, Axios, Elon Musk's, Andrew Bates, Mrinmay Dey, Tomasz Janowski, Kirsten Donovan Organizations: SpaceX's, Bletchley, X Corp, Twitter, Media, Liberal, IBM, Apple, Oracle, Nazi Party, Disney, Warner Bros Discovery, Comcast, Lions Gate Entertainment, Paramount Global, America, Palestinian, Thomson Locations: Bletchley, Britain, Israel, Bengaluru

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