Page 318 - Bloomberg

Microsoft hires ousted CEO Sam Altman, OpenAI stares at mass exodus

He, along with Brockman, to lead a new AI research team; 500 OpenAI staffers threaten to quit unless board resigns

Xiaomi posts first sales rise in almost two years as phone market firms

The recent launch of a well-received line of flagship Xiaomi 14 phones could rejuvenate growth during the holidays in China, despite an uncertain consumer economy

Elon Musk defends himself on social media after antisemitic furore deepens

The backlash erupted last week after the billionaire Tesla Inc. chief and X-owner agreed with a post that said Jewish people hold a "dialectical hatred" of white people

OpenAI leaders' efforts to bring back Altman reach impasse over board role

Altman, who was fired Friday, is open to returning but wants to see governance changes, including the removal of existing board members

Football injuries cost leading leagues $767 mn in Qatar World Cup Season

In Premier League, Manchester United, Nottingham Forest and Chelsea suffered most injuries last season. Champions Manchester City had fewer injuries than any other club that finished in top eight

Australia beat India to win the Cricket World Cup final, upsetting bettors

In Australia, Sportsbet was offering 2.9 times the amount for an Australia win as of Friday, more than twice the payout for an India win at 1.4 times

Doomed mission behind Sam Altman's shocking firing from OpenAI by board

At the event on Nov. 6, Altman made a number of announcements that infuriated Sutskever and people sympathetic to his point of view, the source said

India likely to keep rice export bans into 2024, to hold up global prices

But Prime Minister Narendra Modi, who will seek reelection next year, has repeatedly tightened restrictions on shipments in a bid to curb domestic price rises and shield Indian consumers

Thailand plans visa waivers for more Europeans in a bid to boost tourism

The Southeast Asian nation - popular for its vibrant nightlife, beaches and national parks - is discussing a plan to let tourists of some European nationalities stay as long as 90 days.

Here's what we know of OpenAI's Sam Altman's ousting and possible return

OpenAI stunned employees, investors and much of Silicon Valley by ousting Chief Executive Officer Sam Altman, who more than any other figure had emerged as the face of artificial intelligence

Global economy: Inflation eases in US, UK; India's trade gap widens in Oct

China's consumption rebound slowed and private business confidence lost momentum in October, according to independent surveys and alternative data that suggested the economic recovery remains bumpy

OpenAI CEO ouster followed disagreements between Sam Altman, board

The disputes echo longstanding rifts within OpenAI over the responsible development of powerful AI tools - issues that have plagued the company since its inception

Italy exits Moody's junk danger zone in big win for PM Giorgia Meloni

Her budget then sent the spread between bonds of Italy and Germany - a key measure of risk in the region - to 210 basis points for the first time since January

China's Xi calls for Asia-Pacific regional peace as he wraps up US trip

"The fundamental goal of China's development is to improve the well-being of the Chinese people, not to replace anyone," the state-run Xinhua News Agency cited him

OpenAI President Brockman says he's quitting after Sam Altman ouster

"I'm super proud of what we've all built together since starting in my apartment 8 years ago," Brockman wrote in a post on the social media site X

OpenAI interim CEO Murati urges focus, stresses Microsoft support

Murati also urged employees still reeling Friday from the sudden departure of Altman, one of the most prominent figures in the artificial intelligence industry, to focus on their work

Weddings blitz opens up a $51 billion business opportunity for India

Despite inflation hitting the less well off particularly hard this year, the season's first weeks are expected to see good business

Altman ousted from OpenAI, board says it lost confidence in him as leader

Mira Murati, an Albanian-born Dartmouth-educated engineer who helped develop some of OpenAI's best-known products as its chief technology officer, will serve as OpenAI's interim chief executive office

Rich nations 'likely' met $100 billion climate finance goal in 2022

While that figure pales in comparison to the trillions of dollars that are needed to help developing nations decarbonize their economies and adapt to a warming world, it is still a symbolic milestone

Crude oil sinks into a bear market, all eyes on Opec+ leaders meet

The International Energy Agency said earlier this week that production growth means the global market won't be as tight as had been expected this quarter