Chinese AI companies are aggressively pursuing users of OpenAI, following reports of the US's impending restrictions on its API access in China.
Firm Management
Major Banks Hit With IT Glitch, Leaving Thousands Struggling to Access Money on Payday
Thousands of British bank customers expressed frustration on social media after an IT glitch disrupted digital banking services during payday, leaving many unable to access accounts or process transactions.
Target Introduces Stricter Rules to Tackle Retail Theft, Lowers Threshold for Employee Intervention
Target has adjusted its theft prevention strategy by lowering the threshold for when employees can intervene to stop shoplifters, aiming to enhance safety and minimize financial losses attributed to retail theft.
Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
NYSE Glitch Led to a $48 Million Loss for Interactive Brokers, but NYSE Denies Compensation
Interactive Brokers suffered a $48 million loss due to a recent New York Stock Exchange (NYSE) glitch, which temporarily displayed incorrect stock prices.
Latest News
Apple Supplier Foxconn Bans Married Women From Working at India Plant Due to Family Responsibilities
Foxconn, Apple's manufacturer, has allegedly violated anti-discrimination codes of conduct after turning down married women applying for jobs in an India plant.
Goldman Sachs has appointed John B. Hess, CEO of Hess Corporation, to its Board of Directors as an independent member.
Linda Yaccarino, the CEO of social media platform X, has reportedly restructured her executive team amid pressure from owner Elon Musk to increase sales and reduce expenses.
American Airlines has placed several workers on leave after removing Black passengers from a flight in Phoenix due to a complaint of body odor.
Change Healthcare is notifying hospitals, insurers, and patients of a recent cyberattack that exposed sensitive patient information and disrupted payment and claims processing nationwide.
OpenAI co-founder and former chief scientist Ilya Sutskever revealed his new startup called Safe Superintelligence.
Elden Ring creator, FromSoftware, and president Hidetaka Miyazaki assures no mass layoffs under his leadership, citing job security's role in game quality.
Panera Bread recently announced that it was closing down its dough-making facility in Chandler, Arizona on Aug. 15, 2024, which also meant laying off all its 64 employees.
Wells Fargo's decision to fire employees accused of faking work highlights a growing intolerance among bosses for disengaged workers.
