The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley #3 - Goldman loses billions, Media fascinated with Twitter, T-mobile hacked, TikTok tries to save itself, OpenAI scandal, Crypto grifters grifting
Jan 20, 2023
35:08
An entertaining recap of the week's top stories in Tech/Business.
Hosts: @anothercohen , @ChrisJBakke & @girdley
What happened this week:
- Apple burned cash again; this time Goldman Sachs paid a total of $1.2 B for Apple Card
- Why is Elon Musk’s Twitter all over the news? Is he the new Trump?
- The controversy around OpenAI: Did they hire global labor for under $2/hr?
- How does AI gets trained to moderate content outputs?
- T-Mobile Hacked: 37 million customer data points stolen.
- Peter Thiel’s fund wound down an 8-year bitcoin bet before the market crash
- TikTok Tries to save itself
- Crypto enforcement shows up... right as the bagholders left holding the bag.
Links
- Apple Card lost $1.2B, GS paid for it.
https://www.bloomberg.com/news/articles/2023-01-13/goldman-lost-1-2-billion-in-just-nine-months-in-newest-division#xj4y7vzkg
- Musk’s Twitter Intentionally Suspended Tweetbot
https://www.businessinsider.com/elon-musk-twitter-deliberately-suspend-tweetbot-third-apps-users-report-2023-1
- OpenAI Used Kenyan Workers on Less Than $2 Per Hour to Make ChatGPT Less Toxic
https://time.com/6247678/openai-chatgpt-kenya-workers/
- T-Mobile Hacked: 37 million customer data points stolen.
https://www.wsj.com/articles/t-mobile-says-hackers-stole-data-on-about-37-million-customers-11674166048?mod=djemalertNEWS
- Peter Thiel’s fund wound down an 8-year bitcoin bet before the market crashed
https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3d75
- TikTok Tries to save itself
https://www.wsj.com/articles/tiktok-tries-to-win-allies-in-the-u-s-with-more-transparency-11673836560?mod=djemalertNEWS