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November 22, 2023, 12:45 PM
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| Ina Fried / Axios: |
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as chair, alongside Larry Summers and Adam D'Angelo — OpenAI said late Tuesday that it had reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce co-CEO Bret Taylor.
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Forums: Hacker News, r/ChatGPT, r/neoliberal, r/technology, r/singularity, r/artificial, and r/LivestreamFail
| The Verge: |
Source: OpenAI's initial board plans to vet and appoint a new formal board of up to nine people; Adam D'Angelo remained to give the prior board representation — Sam Altman will return as CEO of OpenAI, overcoming an attempted boardroom coup that sent the company into chaos over the past several days.
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Forums: r/popculturechat, r/technology, and Beehaw
| Amir Efrati / The Information: |
Source: as part of the deal, Sam Altman and Greg Brockman will not reclaim their board seats; Altman had pushed for more control; OpenAI retains its structure — Sam Altman, who was fired on Friday as CEO of OpenAI and was reinstated Tuesday night after a dramatic battle with the company's board … | New York Times: |
Sources: before his ousting, Sam Altman moved to push out board member Helen Toner over a paper he thought was critical of OpenAI, among other board tensions — Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months.
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| Deepa Seetharaman / Wall Street Journal: |
Source: OpenAI's initial board and Sam Altman's camp have agreed to conduct an independent investigation into the ouster of Sam Altman and its aftermath — Company says it will have new initial board of Bret Taylor, Larry Summers and Adam D'Angelo — OpenAI said Sam Altman will return …
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| Washington Post: |
Sources: in 2019, Paul Graham flew from the UK to San Francisco to fire his protégé Sam Altman from YC, worried that Altman put his interests ahead of YC — Before OpenAI, Altman was asked to leave by his mentor at the prominent start-up incubator Y Combinator …
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| Mark Bergen / Bloomberg: |
Larry Summers, now on OpenAI's interim board, believes AI is coming for white-collar jobs; Summers sits on Block's and Skillsoft's boards and advised a16z — Late on Tuesday night, OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with a revamped board …
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| Wall Street Journal: |
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| CNBC: |
Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws — - The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.
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| Timmy Shen / The Block: |
DefiLlama: Binance's 24-hour outflows reached $1B as of 2:30AM ET on November 22 and seven-day net outflows were $703.1M, after Changpeng Zhao pled guilty — The world's largest crypto exchange saw an uptick in withdrawals around the time that CEO Changpeng Zhao pled guilty to criminal charges.
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| @cz_binance: |
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| David Voreacos / Bloomberg: |
More: Cryptopolitan. Bluesky: @s3friedman.bsky.social. X: @lord_ashdrake, @adamscochran, @jeffjohnroberts, @parrotcapital, @stevemiran, @ldrogen, @cryptoinformer0, @erikvoorhees, @nic__carter, @autismcapital, @jason, @levitt_matt, @bijans, and @mdudas
| Olga Kharif / Bloomberg: |
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| Blackwing Intelligence: |
At Microsoft's request, researchers find multiple flaws in the top three fingerprint sensors in laptops and used for Windows Hello fingerprint authentication — Authors: — TL;DR — Microsoft's Offensive Research and Security Engineering (MORSE) asked us to evaluate the security …
More: Thurrott, The Hacker News, 9to5Mac, The Verge, YouTube, Liliputing, Neowin, MSPoweruser, SecurityWeek, and Ghacks
| Jordan Novet / CNBC: |
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B — - Nvidia's results surpassed analysts' projections for revenue and income in the fiscal fourth quarter.| Michael Acton / Financial Times: |
More: Bloomberg, Reuters, Tech Monitor, CityAM, and Network World
X: @ryanshrout, @htsfhickey, @martijnrasser, @jimpethokoukis, and @donal888
| Alex Konrad / Forbes: |
Inflection AI debuts Inflection-2, an LLM the company claims outperforms Llama 2 and Google's PaLM in some tests, and plans to add the model to its Pi chatbot — The startup behind the chatbot Pi says its Inflection-2 model outpaces popular alternatives from Google and Meta, and is catching up to OpenAI's flagship fast.
More: Inflection and Analytics India Magazine
X: @alexrkonrad, @debarghya_das, @teknium1, @yacinemtb, @emollick, @inflectionai, @alexrkonrad, @morqon, and @mustafasuleyman. Forums: Hacker News
| Bill Toulas / BleepingComputer: |
The US Department of Energy's Idaho National Laboratory confirms a data breach after “SiegedSec” hacktivists leaked stolen HR data on hacker forums and Telegram — The Idaho National Laboratory (INL) confirms they suffered a cyberattack after ‘SiegedSec’ hacktivists leaked stolen human resources data online.
More: CyberScoop, Engadget, Security Affairs, East Idaho News, Infosecurity, and Cyber Daily
| John Carreyrou / New York Times: |
How Carl Rinsch's sci-fi TV series became a costly fiasco for Netflix, which burned $55M+ without receiving a single episode, an example of streaming excess — After suitors flocked to a sci-fi project by Carl Rinsch, director of a single movie, the winner handed over money and control.| Kyle Wiggers / TechCrunch: |
OpenAI makes ChatGPT with voice now available to all free users — Ex-OpenAI president Greg Brockman — who, as far as we're aware, isn't currently employed at OpenAI in any capacity — is posting updates about OpenAI products on X, including one today about ChatGPT's voice narration feature being made available to all ChatGPT users.| Bloomberg: |
Honor plans board changes to meet diversity standards for a public company, as it prepares for an IPO, three years after it was spun off from Huawei — The Shenzhen-based firm will adjust the composition of its board to meet diversity standards for a publicly listed company …
More: CNBC, Reuters, and South China Morning Post
| Timmy Shen / The Block: |
Email: Mt. Gox plans repay some creditors “within the 2023 calendar year”, likely extending into 2024, marking the first step in repayments for all creditors — - An email to creditors said that the defunct bitcoin exchange plans to commence cash repayments this year and will likely continue repaying into next year.
More: Cryptonews, Cryptopolitan, crypto.news, Cointelegraph, Finbold, and CryptoPotato
| Jane Zhang / Bloomberg: |
Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M — - Ma earlier planned to sell 10 million shares this week — Alibaba's overhaul in doubt after canceling cloud spinoff
More: CNBC, Reuters, and South China Morning Post
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