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Twin setbacks for Elon Musk over Open AI and Tesla investor suits

Sky News Wednesday, 12 June 2024
Elon Musk has moved to drop a lawsuit he filed against ChatGPT maker Open AI and learned he is facing a fresh investor claim relating to his sale of Tesla shares.
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News video: Musk Threatens Ban After Apple Announces OpenAI Partnership

Musk Threatens Ban After Apple Announces OpenAI Partnership 01:30

Musk Threatens Ban , After Apple Announces , OpenAI Partnership. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. Reuters reports that Elon Musk has threatened to ban Apple devices at his...

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Elon Musk Elon Musk Businessman and investor (born 1971)

'Donald Trump Hit By Glass Not Bullet': New Shocking Reports Claim Trump Shot In A Planned Stunt? [Video]

'Donald Trump Hit By Glass Not Bullet': New Shocking Reports Claim Trump Shot In A Planned Stunt?

Donald Trump was shot at today during an election rally in Pennsylvania. The former US President is reported to be safe and recuperating under medical care. However, conflicting reports are emerging about the incident. While Trump asserts that he was shot with a bullet that pierced the upper part of his right ear, law enforcement officials claim he was hit by glass fragments, possibly from a teleprompter broken by the bullets. This discrepancy has fueled conspiracy theories, with some social media users calling the event a staged 'photo op' for sympathy and votes. President Biden has condemned the attack as "sick," and tech mogul Elon Musk has publicly endorsed Trump following the incident. The true details of what happened remain under investigation. #TrumpShooting #Election2024 #GlassOrBullet #ConspiracyTheories #TrumpRally #PoliticalNews #BreakingNews #DonaldTrump #USPolitics ~HT.97~PR.274~

Credit: Oneindia    Duration: 03:05Published

Musk donates 'sizable amount' to Trump-backing political group - reports

Billionaire Elon Musk has donated to a political group working to elect presidential candidate Donald Trump, according to reports.
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Supreme Court Rules Against SEC's Authority to Impose Fines [Video]

Supreme Court Rules Against SEC's Authority to Impose Fines

Supreme Court Rules , Against SEC's Authority, to Impose Fines. NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . The SEC relies on administrative law judges (ALJ) to make legal conclusions in cases brought before the agency. The Supreme Court's decision has the potential to send ripples through dozens of agencies, from labor rights to energy regulation. The Court did exclude from its decision those agencies dealing with federal benefits, while some conservative justices wanted the ruling to go further. The three liberal justices in dissent blasted the decision by the majority. . The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. An in-house evidentiary hearing fined Jarkesy $300,000, ordered him to pay back almost $700,000 in ill-gotten profits and barred him from the securities industry. Jarkesy argued that he was entitled to a jury trial held in a federal court and that Congress lacked the power to delegate such authority to the SEC. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk

Credit: Wibbitz Top Stories    Duration: 01:31Published
Elon Musk Welcomes 12th Child [Video]

Elon Musk Welcomes 12th Child

Elon Musk , Welcomes 12th Child. Musk and Neuralink executive Shivon Zilis welcomed their third child together earlier this year, CBS News reports. Musk recently confirmed the birth in a 'New York Post' interview but didn't share the baby's name or sex. He also addressed rumors that the birth was a secret. As for 'secretly fathered,' that is also false. , Elon Musk, to the 'New York Post'. All our friends and family know. Failure to issue a press release, which would be bizarre, does not mean 'secret.', Elon Musk, to the 'New York Post'. Musk and Zilis also had twins in 2021, months before the Tesla and SpaceX CEO had a second child with Grimes. Musk and Zilis also had twins in 2021, months before the Tesla and SpaceX CEO had a second child with Grimes. He had a third child with Grimes in 2023. In a 2022 tweet, Musk said that declining birth rates represent "the biggest danger civilization faces by far.". He also said, "Doing my best to help the underpopulation crisis.". Many countries are already well below replacement rate, and the trend is that almost all will be. This is simply a fact, not a 'debunked theory.', Elon Musk, to the 'New York Post'. Musk also fathered six children with Justine Wilson, although they lost their first child to Sudden Infant Death Syndrome (SIDS). He was married to the Canadian author from 2000 to 2008

Credit: Wibbitz Top Stories    Duration: 01:30Published

Tesla, Inc. Tesla, Inc. American electric vehicle and clean energy company

Hertz Sells Teslas for $25,000 Amid EV Slump [Video]

Hertz Sells Teslas for $25,000 Amid EV Slump

Hertz Sells Teslas for $25,000 , Amid EV Slump. Hertz Sells Teslas for $25,000 , Amid EV Slump. Hertz Global Holdings has been trying to unload Teslas since January. The move comes after Hertz revealed plans to buy hundreds of thousands of electric vehicles (EVs) in 2021. Our EVs can be found nationwide in most major metros and averaging around $25,000, Hertz spokesperson, via email to CNBC. The sale reflects the EV market's waning pace of growth. Even though sales of electric vehicles have "more than quadrupled from 2020 to 2023,". automakers are currently more concerned about selling hybrids, CNBC reports. . So if you've been eyeing a Tesla for a while but waiting for a more manageable price, Hertz' sale may be your answer. Hertz-certified vehicles undergo a 115-point inspection and come with a 12-month/12,000 mile warranty. Some used EVs are also eligible for tax credits. Used car expert Yossi Levi offered tips for purchasing used electric vehicles. The best bang for the buck for consumers in the market today, bar none, is the used electric vehicle. And the best-value purchase is likely a three-year-old EV, Yossi Levi, Car Dealership Guy, via CNBC

Credit: Wibbitz Top Stories    Duration: 01:31Published
Some Early Tesla Bulls Are Ditching the Stock [Video]

Some Early Tesla Bulls Are Ditching the Stock

Some Early Tesla Bulls , Are Ditching the Stock. Reuters reports that Tesla's shares are down about 30% this year. Since 2021, shares have fallen over 50%, causing the company to lose $600 billion in market value. . Q1 results fell short of analysts' expectations. As a result, many of Tesla's institutional shareholders are saying goodbye to the stock, Reuters reports. . Gabelli Funds sold all of its 65,900 shares in Q1. . It started to feel like the fundamentals were becoming detached from reality. , John Belton, a portfolio manager at Gabelli Funds, via NPR . We think the stock works best when there are auto company fundamentals that justify the stock price, John Belton, a portfolio manager at Gabelli Funds, via NPR . Ross Gerber of Gerber Kawasaki Wealth & Investment Management has sold about 200,000 Tesla shares this year. . I think the story is over, is the best way to say it, Ross Gerber of Gerber Kawasaki Wealth & Investment Management, via NPR. Over the last year and a half, Elon’s personal quests based on the way that he sees the world have superseded the interests of Tesla and its shareholders, Ross Gerber of Gerber Kawasaki Wealth & Investment Management, via NPR. However, not all of Wall Street has given up on the stock. Five mutual funds tracked by Morningstar increased their Tesla shares last quarter, and 19 analysts have given Tesla a "buy" or "strong buy" rating, Reuters reports.

Credit: Wibbitz Top Stories    Duration: 01:30Published
Tesla Recalls Vehicles Over Faulty Seat Belt Warning System [Video]

Tesla Recalls Vehicles Over Faulty Seat Belt Warning System

Tesla Recalls Vehicles , Over Faulty Seat Belt Warning System. Over 125,000 Tesla vehicles are being recalled in the U.S., the National Highway Traffic Safety Administration (NHTSA) said on May 31. The recall is due to a seat belt warning system malfunction, NBC News reports. . Some vehicles failed to flash warning lights or make noise when a driver didn't buckle up, the regulator said. . The following vehicles are affected by the recall:. 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3 and 2020-2023 Model Y. . An over-the-air software update will be released by Tesla in June to fix the issue. Tesla recalled another 200,000 vehicles in January over a software malfunction that could impede drivers' visibility when reversing. Almost 4,000 Cybertrucks were also recalled in April over a faulty accelerator pedal pad. Last month, auto safety regulators launched an investigation to determine whether Tesla's December recall of over 2 million vehicles was adequate. The recall was to implement new Autopilot safeguards following a string of crashes.

Credit: Wibbitz Top Stories    Duration: 01:31Published

OpenAI OpenAI Artificial intelligence research organization

Salesforce Einstein GPT: New Era of AI-Powered CRM

Anchored by Salesforce's robust CRM platform and powered by OpenAI's state-of-the-art language model, this innovative tool promises transformative capabilities..
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Elon Musk Drops Lawsuit Against OpenAI [Video]

Elon Musk Drops Lawsuit Against OpenAI

Elon Musk Drops Lawsuit , Against OpenAI. In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman. In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman. In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman. The suit alleged that OpenAI initially worked to develop artificial general intelligence "for the benefit of humanity" but later strayed from that goal to become a for-profit entity. . Musk, who had a hand in launching OpenAI, was suing "for breach of contract and fiduciary duty," CNBC reports. In March, experts told CNBC that the suit had a murky legal foundation because there was no formal written agreement signed by each party. On June 11, Musk dropped the lawsuit. It was dismissed without prejudice. His decision to drop the lawsuit comes one day after he threatened Apple over its new partnership with OpenAI. His decision to drop the lawsuit comes one day after he threatened Apple over its new partnership with OpenAI. He called the partnership "an unacceptable security violation" since Apple has "no clue what's actually going on.". It’s patently absurd that Apple isn’t smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!, Elon Musk, via X. Musk went on to say that if Apple "integrates OpenAI at the OS level," the company's devices will be banned at his businesses.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Apple Announces Partnership With OpenAI [Video]

Apple Announces Partnership With OpenAI

Apple Announces Partnership , With OpenAI. Apple Announces Partnership , With OpenAI. Apple made a lot of announcements at its Worldwide Developers Conference this year. Apple made a lot of announcements at its Worldwide Developers Conference this year. but one of the company's most-anticipated reveals was that it's teaming up with ChatGPT-maker OpenAI, NPR reports. . The deal is the first of its kind for the tech giant, which has been slower than its competitors to adopt AI. . Apple software chief Craig Federighi said that Siri will become integrated with OpenAI. The feature will allow Apple users to ask for assistance with things such as recipes, decorating tips or even writing a story. Suppose you want to create a custom bedtime story for your six-year-old who loves butterflies and solving riddles, Craig Federighi, Apple software chief, via statement. Put in your initial idea, and send to ChatGPT, Craig Federighi, Apple software chief, via statement. OpenAI CEO Sam Altman took to X to celebrate the announcement. Very happy to be partnering with Apple to integrate ChatGPT into their devices later this year! Think you will really like it, Sam Altman, OpenAI CEO, via X. Apple will also roll out its own generative AI software, Apple Intelligence. The new features are set to be released later this year

Credit: Wibbitz Top Stories    Duration: 01:31Published
Apple partners with OpenAI as it unveils 'Apple Intelligence' [Video]

Apple partners with OpenAI as it unveils 'Apple Intelligence'

Credit: FRANCE 24 English    Duration: 01:27Published

ChatGPT ChatGPT Chatbot and virtual assistant developed by OpenAI

Scarlett Johansson says a ChatGPT voice is 'eerily similar' to hers [Video]

Scarlett Johansson says a ChatGPT voice is 'eerily similar' to hers

Credit: FRANCE 24 English    Duration: 01:44Published
OpenAI Removes ChatGPT’s Scarlett Johansson-Like Voice Option [Video]

OpenAI Removes ChatGPT’s Scarlett Johansson-Like Voice Option

OpenAI Removes ChatGPT’s , Scarlett Johansson-Like Voice Option. A ChatGPT voice known as Sky has made headlines for sounding like Johansson, The Verge reports. A ChatGPT voice known as Sky has made headlines for sounding like Johansson, The Verge reports. Her husband, Colin Jost, even joked about the topic recently on 'Saturday Night Live.'. ChatGPT has released a new voice assistant feature inspired by Scarlett Johansson’s AI character in ‘Her,’ which I never bothered to watch because without that body, what’s the point of listening?, Colin Jost, via 'SNL'. But on May 19, OpenAI announced that it will be removing the voice. The company also said that it did not intentionally mean for the voice to resemble Johansson. We believe that AI voices should not deliberately mimic a celebrity’s distinctive voice— , OpenAI, via statement. Sky’s voice is not an imitation of Scarlett Johansson but belongs to a different professional actress using her own natural speaking voice, OpenAI, via statement. To protect their privacy, we cannot share the names of our voice talents, OpenAI, via statement. The current ChatGPT voice profiles, Breeze, Cove, Ember, Juniper and Sky. were created after receiving over 400 voice and screen actor submissions, OpenAI said. New voice assistant features for ChatGPT will reportedly launch "in the coming weeks."

Credit: Wibbitz Top Stories    Duration: 01:31Published

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