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Citigroup layoffs loom as the financial giant makes some of its most drastic changes in years

Hi, Welcome Welcome back   By Christopher Zara November 20, 2023 Layoffs are underway this week at Citigroup as part of a companywide restructuring and simplification plan that was announced by CEO Jane Fraser in September. In a memo to employees on Monday, Fraser said the financial giant’s executive management team has been working with … Continue reading Citigroup layoffs loom as the financial giant makes some of its most drastic changes in years →

EU raises antitrust concerns about Adobe’s purchase of Figma

Together Figma and Adobe currently control 72% of the market for collaborative design and prototyping software. Constantine von Hoffman on November 20, 2023 Adobe’s $ 20 billion bid for cloud-based product design platform Figma is being hit with an antitrust complaint by E.U. regulators. An in-depth investigation by the European Commission came to the preliminary … Continue reading EU raises antitrust concerns about Adobe’s purchase of Figma →

New OpenAI CEO Emmett Shear’s time at Twitch gives clues to the future of the AI giant

  By Chris Stokel-Walker November 20, 2023 One of the most tumultuous four-day spans in Silicon Valley history has finally concluded (for now at least), and in the end we’re left with massive changes at both OpenAI and Microsoft—and massive ramifications for the wider world of artificial intelligence.  Sam Altman, the OpenAI CEO summarily fired … Continue reading New OpenAI CEO Emmett Shear’s time at Twitch gives clues to the future of the AI giant →

How IoT & Analytics are Powering Modern Shipping Logistics

How IoT & Analytics are Powering Modern Shipping Logistics Yash Mehta / Last Updated: Nov 15, 2023   Physical infrastructure is not the only driver of your ecommerce shipment anymore; data is an equally powerful navigator overhauling the logistics game. The rapid adoption of IoT technology is leading to an exponential surge in data. Concurrently, … Continue reading How IoT & Analytics are Powering Modern Shipping Logistics →

Reports: Sam Altman won’t return as OpenAI CEO; Emmett Shear said to be tapped

  By Morgan Clendaniel November 20, 2023 After a weekend of drama, the board of OpenAI has decided not to reinstate CEO Sam Altman, who was ousted from the position on Friday in a move that shocked Silicon Valley. Instead, the board will install Emmett Shear, the former CEO of Twitch, as its new interim … Continue reading Reports: Sam Altman won’t return as OpenAI CEO; Emmett Shear said to be tapped →

How AI for lip dubbing could change the film industry

By Burt Helm November 19, 2023 In Hollywood, big money is getting lost in translation. Sure, the global entertainment business is synced up like never before. Marvel blockbusters captivate audiences in China. Korean directors score one coup after another in the U.S. Streaming development executives now scour foreign markets to bring home the next Squid … Continue reading How AI for lip dubbing could change the film industry →

OpenAI’s board: Who are the 4 directors who fired Sam Altman, and will they stay if he returns?

  By Chris Morris November 19, 2023 The abrupt dismissal of OpenAI CEO Sam Altman Friday stunned employees and investors alike. But the leadership battle at the leading generative artificial intelligence company is far from over, as reports have since come out that Altman could, in fact, return to the company—if a new board of … Continue reading OpenAI’s board: Who are the 4 directors who fired Sam Altman, and will they stay if he returns? →

Boston experimented with using generative AI for governing. It went surprisingly well

  By Santiago Garces and Stephen Goldsmith November 19, 2023 The recent Biden White House Executive Order on AI addresses important questions. If it’s not implemented in a dynamic and flexible way, however, it runs the risk of impeding the kinds of dramatic improvements in both government and community participation that generative AI stands to … Continue reading Boston experimented with using generative AI for governing. It went surprisingly well →