A Goldman Partner Reportedly Blasted Apple’s Savings Accounts as a Mistake: ‘We Should Have Never Done This F—ing Thing’
Apple announced earlier this year that users had deposited more than $10 billion into savings accounts.
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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October 2023
IRS will pilot free, direct tax filing in 2024
The IRS will test a free tax filing service in 2024 for a subset of lucky taxpayers in as many as 13 states, the agency announced today. Direct File, as the service is called, is a shot across the bows of Turbotax, H&R Block, and other paid tax prep services, whose owners have resisted free […]
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ChatGPT: Everything you need to know about the AI-powered chatbot
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. It’s able to write essays, code and more given short text prompts, hyper-charging productivity. But it also has a more…nefarious side. In any case, AI tools are not going away — and indeed has expanded dramatically since its launch just a few months ago. […]
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WeWork fires back at competitor Codi with cease and desist
WeWork has sent a cease and desist letter to rival Codi in response to the startup’s recent marketing campaign it dubs “WeWont,” TechCrunch has exclusively learned. In the letter, viewed by TechCrunch, WeWork’s Chief Legal Officer Pam Swidler cited “unauthorized use and misappropriation of WeWork’s intellectual property, false advertising and Tortious interference with WeWork’s contractual […]
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Wyndham Resorts Brutally Rejects ‘Underwhelming’ $8 Million Purchase Proposal By Rival Chain
Choice Hotels reportedly had been in conversations with Wyndham about an acquisition for six months.
GM delays $4B EV truck factory plan by another year
General Motors is pushing its $4 billion plan to convert its Orion Assembly plant into an EV truck factory to late 2025, a year later than scheduled. GM’s reasoning behind the delay — which will mean Orion will sit idle for two years — is “to better manage capital investment while aligning with evolving EV […]
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Knowing When — and How — to Pivot Is Key to Your Business’ Survival. Here’s What You Need to Do.
How can you ensure that you’re thriving in the face of uncertainty and change? Read on to uncover tips that prove it’s not just about reacting to change — it’s about seizing the opportunity it presents.
When was the last time Marc Andreessen talked to a poor person?
Venture capitalist Marc Andreessen posted a manifesto on the a16z website, calling for “techno-optimism” in a frenzied, 5,000-word blog post that somehow manages to re-invent Reaganomics, propose the colonization of outer space, and unironically answer a question with the phrase “QED.” Andreessen’s vision of techno-optimism could seem inspiring: he imagines a Libertarian-esque world where technology […]
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Latin America’s Q3 2023 venture results show glimmers of light
While some Latin American data, sourced from Sling Hub and Distrito, illustrates certain positive trends, other data from the region points the other direction.
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How to Ensure Your Workplace Is Truly Inclusive for Everyone
How businesses can start preparing for a future that will be determined more by inclusive policies and practices than traditional business metrics.