
Exclusive: OpenAI investors considering suing the board after CEO's abrupt firing
Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees.
Reuters
WeWork plans to file for bankruptcy as early as next week, source says
WeWork <a href="https://www.reuters.com/markets/companies/WE.N" target="_blank">(WE.N)</a> plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank Group-backed company struggles with a massive debt pile and hefty losses.
Reuters
Alliance of 40 countries to vow not to pay ransom to cybercriminals, US says
Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers' funding mechanism, a senior White House official said on Tuesday.
Reuters
Judge pares down artists' AI copyright lawsuit against Midjourney, Stability AI
A judge in California federal court on Monday trimmed a lawsuit by visual artists who accuse Stability AI, Midjourney and DeviantArt of misusing their copyrighted work in connection with the companies' generative artificial intelligence systems.
Reuters
Apple to make tools and parts to fix phones available nationwide - White House
Apple <a href="https://www.reuters.com/markets/companies/AAPL.O" target="_blank">(AAPL.O)</a> on Tuesday will announce plans to make parts, tools and documentation needed to fix its iPhones and computers available to independent repair shops and consumers nationwide, the White House said.
Reuters
Brazil police arrest two intel agents for alleged illegal surveillance
Brazil's federal police on Friday arrested two intelligence officials from the country's spy agency Abin for allegedly using phone hacking tools without judicial approval.
Reuters
Bank of America's unrealized losses on securities rose to $131.6 bln
Bank of America <a href="https://www.reuters.com/markets/companies/BAC.N" target="_blank">(BAC.N)</a> reported unrealized losses of $131.6 billion on securities in the third quarter, growing from the second quarter, but the bank does not expect the portfolio will generate actual losses in the long-term.
Reuters
Google wins reprieve from $32.5 mln verdict in Sonos patent fight
A California federal judge has thrown out a $32.5 million verdict for wireless-audio company Sonos <a href="https://www.reuters.com/markets/companies/SONO.O" target="_blank">(SONO.O)</a> against rival Google <a href="https://www.reuters.com/markets/companies/GOOGL.O" target="_blank">(GOOGL.O)</a> after finding that the Sonos patents at the heart of the case were unenforceable.
Reuters
RISC-V technology emerges as battleground in US-China tech war
In a new front in the U.S.-China tech war, President Joe Biden's administration is facing pressure from some lawmakers to restrict American companies from working on a freely available chip technology widely used in China - a move that could upend how the global technology industry collaborates across borders.
Reuters
Microsoft executive says Google deals kept Bing small
A Microsoft <a href="https://www.reuters.com/markets/companies/MSFT.O" target="_blank">(MSFT.O)</a> executive testified on Thursday that Apple <a href="https://www.reuters.com/markets/companies/AAPL.O" target="_blank">(AAPL.O)</a> and other smartphone makers turned down revenue sharing agreements that would have helped his company's Bing search engine - keeping Google in its dominant position on those devices as the default search engine.
Reuters