OpenAI CFO Calls Musk’s Suit a ‘Competitive Tactic,’ Says AI’s High Costs Make Nonprofit Model Unsustainable

January 22, 2025 – During the World Economic Forum in Davos, Sarah Friar, the Chief Financial Officer of OpenAI, sat down for an interview with Bloomberg to discuss Elon Musk’s legal efforts to prevent OpenAI’s transition to a for-profit company. She characterized these actions as a form of competition. “We hope he doesn’t continue to…

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Foxconn Pumps $1.5B into India to Supercharge Apple iPhone Production Capacity

May 20 2025 – A strategic investment move by Foxconn Technology Group, Apple’s primary iPhone assembler, has surfaced following regulatory disclosures. The Taiwan-based electronics giant confirmed through Monday’s stock exchange filings that its Singapore-based subsidiary has injected $1.5 billion into its Indian operations, a maneuver aimed at scaling production capacity across its southern Indian manufacturing…

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Microsoft’s $120 Million Decision: Overwatch League Disbandment Vote

November 06, 2023 – According to a report by Jacob Wolf from ESPN, Activision Blizzard is preparing to enter into a contract with Saudi Arabia’s ESL FACEIT group to oversee the operation of the 2024 season of “Overwatch,” effectively dissolving the current “Overwatch League.” In October, Activision Blizzard initiated discussions with the owners of the…

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Uber Partners with Cruise to Offer Autonomous Car Rides from Next Year

August 23, 2024 – Uber, the popular ride-hailing platform, has announced a multi-year strategic partnership with Cruise, General Motors’ autonomous driving company. This collaboration aims to integrate Cruise’s self-driving cars into the Uber platform. According to the plan, a fleet of Chevrolet Bolt-based autonomous vehicles will be rolled out next year. Once these cars are…

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