News

Muyao Shen / Bloomberg: Binance names its first board of directors, which has seven members including CEO Richard Teng and three other Binance execs  —  – Board includes three independent members, four insiders  — The firm still has not announced… Read More »Binance names its first board of directors, which has seven members including CEO Richard Teng and three other Binance execs (Muyao Shen/Bloomberg)

Devin Coldewey / TechCrunch: OpenAI no longer requires users to have an account to use ChatGPT, with some limitations like a different content policy, beginning today in a few markets  —  OpenAI is making its flagship conversational AI accessible to… Read More »OpenAI no longer requires users to have an account to use ChatGPT, with some limitations like a different content policy, beginning today in a few markets (Devin Coldewey/TechCrunch)

Trishla Ostwal / Adweek: AI search engine Perplexity, which touts on its site that search should be “free from the influence of advertising-driven models”, says it will sell ads  —  The AI search engine must prove ad scalability and address… Read More »AI search engine Perplexity, which touts on its site that search should be “free from the influence of advertising-driven models”, says it will sell ads (Trishla Ostwal/Adweek)

Wall Street Journal: Filing: to settle a 2020 class action suit about Chrome’s Incognito mode, Google has agreed to destroy billions of data points it allegedly improperly collected  —  Individual lawsuits targeting firm now seek compensation for alleged improper data… Read More »Filing: to settle a 2020 class action suit about Chrome’s Incognito mode, Google has agreed to destroy billions of data points it allegedly improperly collected (Wall Street Journal)

Dan Primack / Axios: Filing: Sam Altman no longer controls the OpenAI Startup Fund, which has a $325M+ gross asset value; Ian Hathaway, who has helped manage the fund, is in charge  —  – By last May it reported $175… Read More »Filing: Sam Altman no longer controls the OpenAI Startup Fund, which has a $325M+ gross asset value; Ian Hathaway, who has helped manage the fund, is in charge (Dan Primack/Axios)

Brett Martin / New York Times: A profile of Matt Farley, who has released thousands of songs under various pseudonyms on streaming services with the goal of matching nearly any search query  —  Matt Farley has released thousands of songs… Read More »A profile of Matt Farley, who has released thousands of songs under various pseudonyms on streaming services with the goal of matching nearly any search query (Brett Martin/New York Times)

Dan Primack / Axios: Filing: Donald Trump’s Truth Social lost $58M+ on $4.1M in revenue during 2023; Trump Media & Technology Group is valued at $7B+ after going public on March 26  —  – All of the company’s revenue comes… Read More »Filing: Donald Trump’s Truth Social lost $58M+ on $4.1M in revenue during 2023; Trump Media & Technology Group is valued at $7B+ after going public on March 26 (Dan Primack/Axios)

Wall Street Journal: Interviews and Telegram messages detail how Russian middlemen used Tether to avoid US sanctions and procure parts for drones and other high-tech equipment  —  How Russian middlemen used tether to avoid U.S. sanctions and procure parts for… Read More »Interviews and Telegram messages detail how Russian middlemen used Tether to avoid US sanctions and procure parts for drones and other high-tech equipment (Wall Street Journal)

Deepa Seetharaman / Wall Street Journal: Sources: OpenAI discussed training GPT-5 on public YouTube video transcripts; AI industry’s need for high-quality text data may outstrip supply within two years  —  Firms such as OpenAI and Anthropic are working to find… Read More »Sources: OpenAI discussed training GPT-5 on public YouTube video transcripts; AI industry’s need for high-quality text data may outstrip supply within two years (Deepa Seetharaman/Wall Street Journal)

Foo Yun Chee / Reuters: Microsoft plans to unbundle Teams from Office 365 globally starting April 1 amid antitrust scrutiny, after a similar unbundling in EU in August 2023  —  Microsoft (MSFT.O) will sell its chat and video app Teams… Read More »Microsoft plans to unbundle Teams from Office 365 globally starting April 1 amid antitrust scrutiny, after a similar unbundling in EU in August 2023 (Foo Yun Chee/Reuters)