Economy of the United States

OpenAI’s founder Sam Altman has a finger in more than one tech pie, so to speak. The controversial former president of startup accelerator, Y Combinator, and current ChatGPT kingpin isn’t only interested in getting his company’s artificial intelligence-powered chatbot into classrooms. He’s also interested in living forever—or at least longer than current human lifespan researchers suggest is possible. Altman has banked big bucks on a biotech startup, Retro Biosciences, as first reported Wednesday by MIT Technology Review.…

Photo: Anna Moneymaker (Getty Images)Jonathan Kanter, the Department of Justice’s top antitrust enforcer, says Big Tech’s cornucopia of questionable business practices looks an awful lot like the oil industry during Standard Oil’s reign. Once a symbol of unstoppable corporate power, the John Rockefeller-owned mega-monopoly was ultimately broken up into 34 separate companies in one of the strongest antitrust enforcement efforts in American history. Like oil before it, Kanter said technology in 2023 represents the…

Actor Matthew McConaughey and Salesforce CEO Marc Benioff are reportedly friends. The actor has stayed on as Salesforce promoter despite major layoffs from this past month.Photo: Dia Dipasupil / Slaven Vlasic / Gizmodo (Getty Images)Actor Matthew McConaughey is reportedly getting paid more than $10 million a year by cloud computing giant Salesforce to be the man to tell regular folks they want to “create more opportunities” clap. That they want “less cancellation and more conversation, prioritize conservation, and empower…

Read more... Read more... FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Work from home flexibility is coming to an end for Amazon employees. Though most of the company’s ~1.5 million full and part-time workers labor in warehouses or as delivery drivers—the e-commerce giant also employs hundreds of thousands of corporate and tech staff. After years of pandemic-induced policy allowing employees to telecommute, those desk-based workers will have to return in-person to Amazon offices at least three days per week, beginning May 1. The company’s CEO, Andy Jassy, announced the official change in a…

Tesla employees working on the company’s Autopilot function began announced the union push earlier this week, seeking better pay, job security, and protection against retaliation from Tesla. Image: Justin Sullivan (Getty Images)In the wake of a union push that began to pick up steam this week, Tesla Workers United working with the company’s Autopilot function at Tesla’s Buffalo Gigafactory are claiming that they were fired by the Elon Musk-owned company in retaliation for their unionization efforts.Bloomberg says that the…

Amazon announced the acquisition of iRobot in August 2022.Image: Justin Sullivan (Getty Images)Following Amazon’s deal to buy iRobot—the company that put Roomba on the map—for $1.7 billion, the European Union is gearing up to investigate the purchase. Not only will regulators look into the details of the acquisition, but they’re also likely to go over privacy concerns. The Financial Times reported today that EU regulators in Brussels have sent Amazon a series of detailed questions, which indicatesthat the union is…

Environmental activists rally for accountability for fossil fuel companies outside of New York Supreme Court on October 22, 2019 in New York City. Photo: Drew Angerer (Getty Images)This story was originally published by Grist. You can subscribe to its weekly newsletter here.It’s been eight years since the world learned that “Exxon Knew.” The oil giant had grasped the dangers of burning fossil fuels since 1977, investigations showed, despite its long-standing public stance that the science was “uncertain” and persistent…

CEO Patrick Gelsinger is reportedly taking a 25% pay cut, as raises across the company are on pause.Layoffs are ravaging the tech industry due to the wildly abstract threat posed by “the economy,” but Intel is taking a different approach. Instead of laying off thousands of its workforce, the company has seemingly decided to make sweeping pay cuts from 5% to 25%.Dylan Patel first reported on the pay cuts in his newsletter SemiAnalysis yesterday. Patel says that multiple employees have relayed to him that Intel is looking…

If by some miracle you had a great 2022, you’re not alone. At least two of the world’s biggest oil corporations thoroughly rocked last year. In fact, for ExxonMobil and Chevron, 2022 wasn’t just a good year—it was the best one ever.ExxonMobil posted record-eviscerating annual profits for 2022, with a $55.7 billion windfall revealed in the fossil fuel giant’s final quarterly report for the year on Tuesday. Previously, the company’s highest profit was $45 billion in 2008, making 2022's net earnings nearly a 25% increase on…