Sponsorships from betting companies have poured millions into sports leagues, but along with the money came a wave of gambling scandals that have rocked the industry. The sports world is now grappling with the aftermath of these controversies. The Era of Sports-Gambling Scandals Both Major League Baseball (MLB) and the National Basketball Association (NBA) have already handed out lifetime bans … [Read more...]

A Spanish data watchdog has taken action against Meta by suspending two election-related products that were set to launch before the upcoming European Parliament elections. The Spanish Data Protection Agency halted Meta's Election Day Information and Voter Information Unit products due to concerns about the collection of unnecessary election data from Facebook and Instagram users. This … [Read more...]

Sam Altman has come under scrutiny as Silicon Valley questions his knowledge of OpenAI's non-disparagement clauses in exit agreements. While Altman claims he was unaware of these clauses, leaked documents and former staff members suggest otherwise. Voicing Skepticism Silicon Valley tech enthusiasts are expressing doubts about Altman's transparency regarding the non-disparagement clauses … [Read more...]

Elon Musk's AI competitor, xAI, has successfully raised $6 billion in funding from various investors. The startup has received significant financial backing from renowned venture capital firms like Sequoia Capital and Saudi Arabia's Kingdom Holding. Musk revealed that xAI's pre-money valuation now stands at $18 billion. Building a Competitive War Chest xAI, Elon Musk's latest … [Read more...]

Former members of the OpenAI board have raised concerns about the ability of artificial intelligence companies to self-govern. The reinstatement of CEO Sam Altman has sparked controversy within the company, leading to calls for external regulation. In an article published in The Economist, Helen Toner and Tasha McCauley, the only female members on the board, emphasized the need for government … [Read more...]

Glass Lewis, a leading proxy advisory firm, has recommended that Tesla shareholders vote against Elon Musk's massive $56 billion pay package. Along with this, they are also advised to reject a proposal to relocate the electric vehicle (EV) company's headquarters to Texas. The firm expressed concerns over the size and potential dilution of the share options deal. Concerns Over Compensation … [Read more...]

Embarking on a two-week safari in South Africa's renowned Kruger National Park for only $50 a day is not just a dream but a reality. Camping under the starlit sky and witnessing elephants from the comfort of your tent is an experience like no other. By driving your own vehicle, camping, and preparing your meals, you can enjoy a budget-friendly safari adventure. Exploring Kruger National Park … [Read more...]

Meta announced the formation of a product advisory council on Wednesday, six months after it disbanded its Responsible AI division. The council will consist of four men who will consult periodically with Meta's management team regarding new technologies and products, as stated on the group's website. Meta Advisory Group Members The Meta Advisory Group includes four executives: Patrick … [Read more...]

Nvidia CEO Jensen Huang recently revealed exciting details about the upcoming release of the company's highly anticipated new AI chip, Blackwell. Accelerated Timeline for Blackwell Chip Deployment Huang announced during a recent earnings call that the Blackwell chip, which is set to be twice as fast as Nvidia's current Hopper chip, will begin shipping in the next quarter. This marks a … [Read more...]

A group of Tesla shareholders is voicing their opposition to the reelection of Kimbal Musk and James Murdoch to the Tesla Board, as well as a proposed hefty pay package for CEO Elon Musk. Concerns Over Personal Ties and Independence The shareholders, in a letter disclosed in an SEC filing on Monday, raised concerns about the personal relationships between Elon Musk and the board members. Kimbal … [Read more...]