Technology News Today TheFoxPosts.com

The board of the company behind ChatGPT late on Friday fired OpenAI CEO Sam Altman - to many, the human face of generative AI - sending shock waves across the tech industry. OpenAI's Chief Technology Officer Mira Murati will serve as interim CEO, the company said, adding that it will conduct a formal search for a permanent CEO. The announcement blindsided many employees who discovered the abrupt management shuffle from an internal announcement and the company's public facing blog. "Altman's departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities," OpenAI said in the blog without elaborating. Greg Brockman, OpenAI president and co-founder, who stepped down from the board as chairman as part of the management shuffle, quit the company, he announced on messaging platform X late on Friday. "Based on today...

HELSINKI: Japan's Sega Sammy Holdings Inc has agreed to launch an offer for Finland's Rovio Entertainment , the maker of the Angry Birds mobile Game , for 706 million euros ($775.8 million ), the companies said in a joint statement on Monday. Tokyo-based Sega will offer 9.25 euros per share for Rovio, a 19% premium over Friday's closing price of 7.775 euros. Rovio, which has been conducting a strategic review, on Saturday said it was in talks with Sega over a possible tender offer. The Wall Street Journal had reported on Friday that a deal between the two companies was imminent. Israeli peer Playtika, had made a preliminary bid in January to buy Rovio for 683 million euros, but the Angry Birds maker confirmed last month talks had ended. Source: https://thefoxposts.com/sega-offers-776-million-for-angry-birds-maker-rovio-TheFOXposts-18963.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category...

Meta Platforms Inc boss Mark Zuckerberg defended his acquisition of a virtual reality fitness app to an antitrust judge on Tuesday, arguing that his company was helping to build a nascent virtual reality industry, not dominate it. Zuckerberg testified in federal court in San Jose, California, that owning app maker Within Unlimited was "not that critical" to Meta's ambitions, saying he primarily aimed to build communications tools and a platform for apps from different developers. On fitness apps, he said, "it's less important that we own the experiences than that they exist." He said he was keen to see other firms build key productivity and gaming apps to draw a mass audience to virtual and augmented reality. Zuckerberg was defending Meta's proposed acquisition in a high-profile trial over the future of the social media company's budding metaverse Business . The Federal Trade Commission has accused Meta of trying to buy its way to t...