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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.
More: Reuters, The New Stack, Search Engine Land, Crunchbase News, Business Insider, Associated Press, Bloomberg, Washington Post, ExtremeTech, Rolling Stone, CIO Dive, BBC, Variety, ZyCrypto, Lifewire, Gizchina, TechCrunch, 9to5Mac, Windows Central, IGN, PC Gamer, Constellation Research, iPhone in Canada Blog, Forbes, BGR, Wall Street Journal, Deadline, Stack Diary, Business Insider, CoinDesk, Thurrott, SiliconANGLE, Business Insider, Reuters, and TechCrunch
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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 …
More: The Hill, New York Post, and Wall Street Journal
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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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X: @cryptadamist, @cryptadamist, @nansen_ai, and @ahcastor
| @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: |
More: DL News, The Block, Crypto Daily, NewsBTC, Cryptopolitan, Cointelegraph, Cryptonews, Coinmonks, and crypto.news
| 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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