Rising cost of living post-covid leads to changes in UK inflation basket.
From Morningstar: The upcoming general election is expected to focus on the rising cost of living post-covid. Although the CPI
Category: Business
FCA allows crypto-asset backed ETNs for professional investors, warning of high risk
From Morningstar: The Financial Conduct Authority (FCA) will allow recognised investment exchanges to create a listed market for crypto-asset backed
Morningstar Awards 2024 winner emphasizes sustainability despite challenges.
From Morningstar: Shahbano Soomro from Impax Asset Management won the Morningstar Fund Award for Best Asset Manager in Sustainability. Despite
Elon Musk's xAI will open-source chatbot Grok, competing with ChatGPT, amid accusations against OpenAI.
From TechCrunch: Elon Musk’s AI startup xAI will open-source its chatbot Grok, competing with ChatGPT, following a lawsuit against OpenAI
Warren Buffett plans to hold Coca-Cola, American Express, and Occidental Petroleum stocks indefinitely
From Morningstar: Berkshire Hathaway’s 2023 annual report reveals Warren Buffett’s plans to hold three stocks indefinitely: Coca-Cola, American Express, and
OpenAI CEO Sam Altman returns to board along with new members, maintaining leadership continuity.
From The Register: OpenAI’s CEO Sam Altman returns to the company’s board with three new members, replacing previous board members
Tech news includes Elon Musk's lawsuit against OpenAI, Apple's new emojis, and MacBook Air updates.
From Hypebeast.: This week, the tech world is abuzz with Elon Musk’s lawsuit against OpenAI, with allegations of a merger
Elon Musk sues OpenAI over alleged departure from non-profit mission, exposing private emails
From Daily Mail: Elon Musk and Sam Altman, co-founders of OpenAI, are embroiled in a legal battle. Musk sued OpenAI
Pfizer shifting focus to cancer drugs, expects 8 blockbusters by 2030
From CNBC: Pfizer shifts focus from Covid to cancer drugs, hopes to counter lost market value. Following Seagen acquisition, company
Anthropic tests ChatGPT vs Claude 3, highlighting differences in user-friendliness and accessibility
From American Express: Claude and ChatGPT offer user-friendly interfaces, with Claude’s calming tones standing out. Claude’s formatting of answers beats
Elon Musk tried to take over OpenAI to save Tesla, revealing his aggressive motivations.
From Business Insider: In 2018, Elon Musk was desperate to save Tesla, struggling with the Model 3 project delays and
Italy's data watchdog is investigating Open AI's tool that creates videos from text prompts.
From Dunya News: Italy’s data protection agency, Garante, investigates Open AI’s SORA tool that creates videos from text prompts. It
OpenAI faces legal challenges and regulatory scrutiny, with competition from Anthropic and Google
From Yahoo Finance: OpenAI, valued at $86 billion, is riding high with products like Sora. But facing lawsuits from Elon
Sam Altman returns to OpenAI board after being fired, leading to new management changes.
From Deadline Hollywood: Sam Altman, the ousted CEO of OpenAI, has returned to the company’s board of directors after being
Elon Musk sues OpenAI for shifting to profit-driven motives after partnering with Microsoft
From Morningstar: Elon Musk, CEO of Tesla, has filed a legal action against OpenAI, the organization he helped found, alleging
Figure partners with OpenAI to integrate AI systems into humanoid robots with $675 million funding.
From Denver Post: OpenAI partners with robotics startup Figure to integrate AI systems into humanoid robots. Figure secures $675 million
Fast food chains expanding into Sun Belt region for growth.
From CNBC: – Chicago-based Portillo’s is expanding into the Sun Belt region, focusing on states like Texas, Arizona, and Florida
Italy launches investigation into OpenAI's Sora AI tool over data privacy concerns
From Tech Times: Italy’s Data Protection Authority is investigating OpenAI’s latest AI tool, Sora, over concerns about data privacy within
Sam Altman returns to OpenAI board after probe into company turmoil, focusing on governance.
From Al Jazeera: An investigation by law firm WilmerHale found that Sam Altman’s conduct “did not mandate his removal” from
OpenAI improving governance structure with new directors after Altman's removal
From Business Insider: OpenAI welcomed CEO Sam Altman back to its board of directors alongside three new female directors. The
Sam Altman returns to OpenAI board with new directors after investigation
From Manorama Online: OpenAI’s CEO, Sam Altman, will return to the board along with three new directors. An investigation by
Executives at OpenAI had concerns about Sam Altman's leadership style before his ouster
From Business Insider: Two OpenAI executives, including Sam Altman and Mira Murati, had concerns raised about Altman’s leadership style prior
OpenAI's GPT AI tool showing bias in résumé screening, unfairly impacting candidates based on names.
From Bloomberg: Job recruiters and HR professionals in the US are turning to using artificial intelligence tools to streamline their
Novo Nordisk's weight loss drug Wegovy approved by FDA for reducing heart disease risks
From CNBC: The FDA approved Novo Nordisk’s weight loss drug Wegovy for reducing serious cardiovascular complications in adults with obesity
Novo Nordisk's Wegovy® approved by FDA for reducing cardiovascular event risks
Novo Nordisk (NVO) has announced that the US Food and Drug Administration (FDA) has approved a label expansion for Wegovy®,