Senator Elizabeth Warren from Massachusetts has recently raised concerns about Tesla CEO Elon Musk’s potential conflicts of interest regarding the use of company resources to benefit his other ventures, such as SpaceX and xAI. Warren believes that the Tesla Board of Directors has not been fulfilling its fiduciary duties to the shareholders by turning a
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The Federal Reserve Bank of New York recently reported that Americans now owe a record $1.14 trillion on their credit cards, with the average balance per consumer standing at $6,329. This represents a 4.8% increase year over year, according to a separate quarterly credit industryinsights report from TransUnion. It is evident that credit card debt
In considering Vice President Kamala Harris’s potential antitrust and regulatory policy if she were to win the presidency, Maryland’s Democratic Governor Wes Moore highlighted the importance of prioritizing small business growth and fostering competition within large industries. This approach, as mentioned by Moore, would aim to support small businesses and facilitate their growth, while also
In a surprising turn of events, OpenAI co-founder John Schulman announced his departure from the Microsoft-backed company to join Anthropic, an artificial intelligence startup funded by Amazon. This decision comes on the heels of OpenAI disbanding a superalignment team dedicated to ensuring the control of AI systems that surpass human capabilities in various tasks. Schulman,