Tech Brew Ride Home Wed. 06/12 – Elon Pulls His OpenAI Lawsuit
Jun 12, 2024
Elon Musk's withdrawal of his lawsuit against OpenAI sends ripples through the tech world. Meanwhile, Wall Street reacts positively to Apple's AI strategy, while Microsoft backs off from some of its AI features. The acquisition of BeReal raises eyebrows, and a new term 'slop' emerges, describing low-quality AI content. Additionally, a startup is bringing smart walkie-talkies into the modern age, showcasing the innovative potential of communication technology.
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Musk Drops OpenAI Lawsuit
- Elon Musk dropped his lawsuit against OpenAI and Sam Altman, which alleged breach of contract.
- The lawsuit, filed in California, was based on an informal agreement and Musk's claim that OpenAI shifted from non-profit to for-profit.
X Makes Likes Private
- X (formerly Twitter) is making likes private for everyone, limiting visibility on who liked a post.
- This change aims to reduce public scrutiny and potential backlash for liking controversial content.
Apple Stock Soars
- Apple's stock price surged 7.3%, achieving its largest one-day gain since November 2022.
- The jump resulted in a market cap of $3.18 trillion, nearing Microsoft's $3.22 trillion.