When OpenAI announced Sam Altman’s return to the helm on Tuesday evening, an impromptu party broke out at the company’s San Francisco offices. As employees celebrated the reinstatement of the co-founder, who had been dramatically fired just four days earlier, the company’s investors and other tech leaders rushed to offer their support to Altman, and … [Read more…]
Sales of previously occupied U.S. homes plunged to their lowest level in more than 13 years in October as higher mortgage rates and rising prices deterred many would-be home buyers. However, according to new sales figures compiled by the Greater Chattanooga Association of Realtors, the decline in home sales in the Chattanooga market was not … [Read more…]
Sam Altman was reinstated as CEO of OpenAI late Tuesday, the company said, successfully reversing his removal by the company’s board last week after a campaign by his allies, employees and investors. The board is being overhauled and several members who had opposed Mr. Altman are fired. Adam D’Angelo, the CEO of Quora, will be … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. OpenAI directors are in talks with Sam Altman to allow him to be reinstated to the board, four days after their decision to fire him plunged the generative artificial intelligence startup into turmoil. A deal to … [Read more…]
Palantir, the software company founded by billionaire Peter Thiel, won a major contract in Britain on Tuesday to overhaul the country’s national health service’s technology system, allaying concerns that a company known for its military-related work in the United States would secure such a sensitive role in connection with patient data. The National Health Service … [Read more…]
A California food company has voluntarily recalled all of its peaches, plums and nectarines in connection with a listeria outbreak that has resulted in one death and 10 hospitalizations since 2018, according to an alert released Monday by the Centers for Disease Control and Prevention Food safety emerges. The CDC’s food safety warning came three … [Read more…]
Just in time for the holiday season, the Biden administration is offering a new round of free at-home coronavirus tests to Americans through the Postal Service. The government restarted the dormant program in September, announcing at the time that households could order four free tests through the federal website covidtests.gov. From Monday, households can order … [Read more…]
Assisted living centers have become an attractive retirement alternative for hundreds of thousands of baby boomers who can no longer live independently, promising a cheerful alternative to the institutional setting of a nursing home. But their costs are so overwhelming that most Americans cannot afford them. These highly profitable establishments often charge $5,000 or more … [Read more…]
Members of the United Automobile Workers union have backed new contracts with the three major U.S. automakers, agreements that provide steep wage increases and other benefits that had eluded the union for more than 20 years. In the most hotly contested vote, General Motors’ tentative contract agreement won the support of 55 percent of the … [Read more…]
Union Commerce Minister Piyush Goyal visited the Tesla factory in California on Tuesday. However, the much-awaited meeting between Goyal and the head of the electric vehicle maker Elon Musk did not take place. Piyush Goyal at the US Tesla factory. (X/Piyush Goyal) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “I am thrilled to see talented Indian engineers and … [Read more…]