OpenAI’s $1.1B Statsig Buy: CEO Appointed to Lead Applied Tech for Faster Product Rollout

September 3, 2025 – Early this morning, OpenAI made a major move by announcing its acquisition of product – testing startup Statsig through an all – stock deal. Based on OpenAI’s current valuation of 300billion,thistransactionisestimatedtobewortharound1.1 billion. As per OpenAI’s plans, after joining the company, Vijaye Raji, the CEO of Statsig, will take on the role…

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TSMC Chairman Declares: ‘We Are the World’s TSMC’

September 12, 2024 – In a recent internal letter to employees, TSMC Chairman Mark Liu emphasized that the company has evolved beyond being just “Taiwan’s TSMC” to being recognized globally. Liu urged the over 70,000 TSMC employees worldwide to communicate effectively with respect and inclusivity, encouraging them to “speak the truth” within the organization. In…

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Amazon Introduces ‘Refund Only’ Option for US Sellers

September 13, 2024 – Amazon is broadening the options for third-party sellers to manage product returns. The company is now offering more choices to sellers who use its hosted Fulfillment by Amazon (FBA) service, including the option to not require customers to return selected items. Following the expansion of its services, Amazon’s US-based sellers can…

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