Good morning! This is your daily ☕️ Techpresso.
On this day, 16 years ago, America Online announced the discontinuation of Netscape, the pioneering web browser of the mid-1990s, which, despite being eclipsed by Microsoft's Internet Explorer, contributed its code to the Mozilla Firefox project, maintaining its legacy in the increasingly popular Firefox browser.
In today's Techpresso:
💥 Elon Musk sues OpenAI and Sam Altman over ‘betrayal’
🔍 SEC reportedly probing whether OpenAI CEO Sam Altman misled investors
🗞️ Facebook will remove its News tab and stop paying publishers for news
🚨 Fisker warns it’s running out of cash and may not make it through 2024
💼 Microsoft introduces Copilot AI chatbot for Excel and Outlook
🤝 Google Cloud adds Stack Overflow's knowledge base to Gemini AI
🎁 + 8 other news you might like
🔮 + 2 handpicked research papers and tools
💥 Elon Musk sues OpenAI and Sam Altman over ‘betrayal’LINK
Elon Musk is suing OpenAI and its CEO, Sam Altman, alleging that the company's partnership with Microsoft made it depart from its mission to develop AI for humanity, focusing instead on profit.
The lawsuit accuses OpenAI of violating its founding principles by keeping its GPT-4 model development secret and becoming a "de facto subsidiary" of Microsoft, aimed at commercial success over safety.
Musk's lawsuit demands OpenAI return to its original non-profit mission, amidst claims of GPT-4's superior reasoning capabilities and concerns over the company's commitment to developing AI for the public good.
🔍 SEC reportedly probing whether OpenAI CEO Sam Altman misled investorsLINK
Sam Altman, CEO of OpenAI, is under investigation by the Securities and Exchange Commission (SEC) for potentially misleading investors.
The investigation examines emails and communications around the time of Altman's temporary removal and quick reinstatement as CEO amid accusations of not being "consistently candid".
Aside from the SEC, other government bodies, including the US attorney's office in Manhattan, have shown interest in the company's communication practices during the same period.
🗞️ Facebook will remove its News tab and stop paying publishers for newsLINK
Facebook will discontinue its News tab in the US and Australia in April 2024, halting payments to news publishers and abstaining from creating new news-specific products.
The decision reflects a strategic shift from news to short-form video and other content that users reportedly prefer more on the platform.
The termination of licensing deals in Australia ends significant payments to local outlets, concluding arrangements established in response to the News Media and Digital Platforms Mandatory Bargaining Code.
🚨 Fisker warns it’s running out of cash and may not make it through 2024LINK
Fisker has expressed "substantial doubt" about its ability to sustain operations through the year due to financial challenges, prompting layoffs of 15 percent of its workforce and efforts to secure additional investments.
The company is transitioning from a direct-sales model to franchised dealerships in an effort to reduce costs, alongside other streamlining measures including possibly closing some offices or sales locations.
Despite facing financial and operational difficulties, Fisker is exploring growth opportunities, including negotiations with a large automaker for potential investment and joint electric vehicle development.
💼 Microsoft introduces Copilot AI chatbot for Excel and OutlookLINK
Microsoft introduces Copilot for Finance in the Microsoft 365 suite, aimed at automating financial tasks like variance analysis, speeding collections, and managing invoices to enhance the strategic role of finance professionals. Copilot for Finance utilizes natural language processing for tasks such as variance analysis in Excel, offering insights into financial outcomes and streamlining audits and financial reporting by pulling data from ERP and financial systems. The tool is part of Microsoft's expansion of generative AI across its product suite, including Microsoft 365 and Dynamics 365, with a public preview available for users to explore its capabilities.
🤝 Google Cloud adds Stack Overflow's knowledge base to Gemini AILINK
Google Cloud and Stack Overflow have formed a strategic partnership to integrate Stack Overflow's vast developer knowledge with Google Cloud's AI technologies, aiming to enhance developer productivity and accuracy. The collaboration will allow Google Cloud customers to access Stack Overflow directly within the Google Cloud Console and Gemini for Google Cloud, providing developers with efficient coding solutions powered by AI. The partnership aims to accelerate innovation across industries by combining the strengths of both companies, with the first integrations to be showcased at the Google Cloud Next event in the first half of 2024.
Other news you might like
Wikipedia downgrades CNET's reliability rating due to AI generated content.LINK
Gen Z are waving goodbye to ‘soul-sucking’ 9-to-jobs as social media convinces them to ditch corporate careers.LINK
US launches ‘unprecedented’ investigation into Chinese connected cars, citing national security concerns.LINK
Alibaba's AI video generator just dunked on Sora by making the Sora lady sing.LINK
Autonomous vehicle technology vulnerable to road object spoofing and vanishing attacks.LINK
For Virgin Galactic, becoming profitable means a pause in flying to space.LINK
Self-pay gas station pumps break across NZ as software can’t handle Leap Day.LINK
Google pulls popular Indian apps from store over fee dispute.LINK
Latest research and tools
Functional ownership through fractional uniqueness: the paper explores how dividing ownership of digital assets into smaller, unique parts can create a new way of managing and benefiting from property online.LINK
Awesome Autism Tech: a curated list of awesome technologies related to Autism Spectrum Disorder (ASD).LINK
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