Home / 2023 / November (page 22)

Monthly Archives: November 2023

OpenAI says Sam Altman exiting as CEO because ‘board no longer has confidence’ in ability to lead

Sam Altman, Chief Executive Officer of OpenAI, and Mira Murati, Chief Technology Officer of OpenAI, speak during The Wall Street Journal’s WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023.  Patrick T. Fallon | Afp | Getty Images OpenAI’s board of directors said Friday that Sam Altman …

Read More »

You could owe 0% capital gains tax for cryptocurrency in 2023

After a more than 80% jump in bitcoin’s price in the first half of 2023, crypto market watchers gave CNBC their expectations for how the cryptocurrency will perform in the latter half of the year. STR | NurPhoto via Getty Images As investors weigh year-end tax moves, there may be …

Read More »

Ignore the ‘lightbulb moment’ myth

A great business idea will never strike you like a lightning bolt out of the blue. That’s according to Catalina Daniels and James Sherman, the authors of “Smart Startups: What Every Entrepreneur Needs to Know — Advice from 18 Harvard Business School Founders.” They wrote the book after interviewing 18 …

Read More »

Ex-Meta staffers sell trust and safety tech during Israel-Hamas war

People using their mobile phones outside the offices of Meta, the parent company of Facebook and Instagram, in King’s Cross, London. Joshua Bratt | Pa Images | Getty Images Lauren Wagner knows a lot about disinformation. Heading into the 2020 U.S. presidential election, she worked at Facebook, focusing on information …

Read More »

Amazon cuts ‘several hundred’ jobs in Alexa division

Visitors at Amazon Alexa boot during the international electronics and innovation fair IFA in Berlin on September 10, 2019. Nurphoto | Getty Images Amazon on Friday began laying off “several hundred” people in its Alexa division as part of broader belt-tightening that’s been underway since last year, the company confirmed. …

Read More »

Germany approves financial reforms to boost its tech industry

BERLIN, GERMANY – NOVEMBER 15: German Finance Minister Christian Lindner gives a statement to the media at the Chancellery following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. The topic was a ruling by the German Constitutional Court declaring that the coalition government’s shift of federal …

Read More »

Fed’s Susan Collins says more rate hikes can’t be taken off the table yet

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could yet be needed. “I understand the tendency to really enjoy good news, and there was some good news in some of the numbers — and I think that we need …

Read More »

E-bike firm Cowboy targets full-year profitability next year

The Cowboy Cruiser. Cowboy Cowboy, the Belgian electric bike maker, is expecting to hit full-year profitability in 2024 even as some of its market rivals are facing financial hardship. Adrien Roose, Cowboy’s CEO and co-founder, told CNBC that he expects the company to reach profitability on an EBITDA basis by …

Read More »

How much do you know about the U.S. minimum wage?

The U.S. minimum wage can be a complicated thing. There’s the federal minimum wage, each state’s minimum wage — plus some cities have their own minimum wages as well. On top of that there’s also the tipped minimum. It can all be a lot to try to remember or understand. …

Read More »

Tipping once rewarded good service. Now it predicts how you’re treated

Instacart operates similarly; shoppers see a list of batches that are available to them in their area, as well as the expected customer tip, and they may select the one they want to shop, according to the company. Uber drivers may not see the expected tip in advance, but at …

Read More »