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Corporate Governance
Week Summary
Technology
  • Earth has captured a temporary 'second moon,' a small asteroid named 2024 PT5, which will orbit until November 2024.
  • Research indicates that larger AI chatbots are increasingly prone to generating incorrect answers, raising concerns about their reliability.
  • Meta's Chief Technical Officer discussed advancements in AR and VR technologies, particularly focusing on the Orion AR glasses.
  • The author reflects on their experience with Rust, proposing several changes to improve the language's usability and safety features.
  • The Tor Project and Tails OS have merged to enhance their efforts in promoting online anonymity and privacy.
  • OpenAI is undergoing leadership changes, with key executives departing amid discussions about restructuring and the company's future direction.
  • Git-absorb
  • The concept of critical mass explains how significant changes occur when a threshold of acceptance is reached, impacting technology and society.
  • WordPress.org has banned WP Engine from accessing its resources due to ongoing legal disputes, raising concerns about security for WP Engine customers.
  • PostgreSQL 17
  • Hotwire Native is a web-first framework that simplifies mobile app development, allowing developers to reuse HTML and CSS across platforms.
  • Radian Aerospace is progressing on a reusable space plane, completing ground tests and aiming for full-scale flights by 2028.
  • A groundbreaking diabetes treatment using reprogrammed stem cells has enabled a patient to produce insulin independently for over a year.
  • Apple is developing a new home accessory that combines features of the iPad, Apple TV, and HomePod, expected to launch in 2025.
  • SpaceX's Starlink service is set to surpass 4 million subscribers, reflecting rapid growth and significant revenue projections.
  • TinyJS is a lightweight JavaScript library that simplifies dynamic HTML element creation and DOM manipulation for developers.
  • OpenAI faces criticism over restrictive NDAs following high-profile departures; CEO Sam Altman promises changes.

    The departures of Ilya Sutskever and Jan Leike have brought to light OpenAI's restrictive NDA, which prevents former employees from criticizing OpenAI under threat of losing their vested equity. CEO Sam Altman responded to the story by promising a fix.

    Hi Impact
    OpenAISam AltmanCorporate Governance
    Wednesday, May 22, 2024
  • Ex-OpenAI board member Helen Toner discusses reasons behind Sam Altman's temporary ousting.

    Former OpenAI board member Helen Toner revealed new details about what led to CEO Sam Altman's ousting in November in a recent interview. The board had apparently learned about ChatGPT's release on Twitter. Toner says that Altman had lied to the board multiple times. Altman was reportedly withholding information and misrepresenting things that were happening in the company for years. His lies made it difficult for the board to make decisions, leading them to think that he wasn't the right person to lead the company to AGI.

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    OpenAISam AltmanCorporate Governance
  • Tesla's future uncertain as shareholders vote on Elon Musk's $56 billion compensation package.

    Tesla shareholders will decide whether to approve a $56 billion compensation package for Elon Musk on June 13. Tesla board chair Robyn Denholm wrote a letter to shareholders, urging them to approve the package. Not approving the package may mean Musk may leave the company. While several proxy firms have recommended against approving the pay proposal, early voting suggests that the package will be approved.

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  • OpenAI's control over employee shares raises concerns among ex-employees.

    Many of OpenAI's early employees are sitting on millions of dollars worth of equity. The only way for them to realize any value from this equity in the near term is through secondary stock sales. OpenAI has told employees that it will try to hold one tender offer roughly every year depending on how both the company and the market are faring at the time. Current and former employees are increasingly concerned about access to liquidity after reports that the company has the power to claw back vested equity. The company has used aggressive tactics to get employees to sign exit agreements that affect the future of their stock holdings.

    Hi Impact
    OpenAICorporate Governance
  • Tesla shareholders support Elon Musk's $56 billion pay package, offering a PR victory despite legal challenges.

    This article provides a summary of what was discussed at Tesla's annual meeting. Tesla shareholders have voted to ratify CEO Elon Musk's $56 billion pay package. While the vote doesn't override an earlier court ruling that ordered Tesla to rescind the package, it provides a public relations victory for Musk and could help him sway a court to give him the performance options in the future. Shareholders also voted to move Tesla's site of incorporation out of Delaware and into Texas.

    Hi Impact
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Month Summary
Technology
  • OpenAI is considering a new subscription model for its upcoming AI product, Strawberry, while also restructuring for better financial backing.
  • Telegram founder
  • The startup landscape is shifting towards more tech-intensive ventures, with a focus on specialized research and higher capital requirements.
  • Boom Supersonic's XB-1 demonstrator aircraft successfully completed its second flight, testing new systems for future supersonic travel.
  • announced the uncrewed return of Boeing's Starliner, with future crewed missions planned for 2025.
  • OpenAI's SearchGPT aims to compete with Google Search by providing AI-driven information retrieval, though it currently faces accuracy issues.
  • Tesla is preparing to unveil its autonomous robotaxi technology at an event in Los Angeles, indicating ongoing challenges in achieving full autonomy.
  • The US Department of Justice is investigating Nvidia for potential antitrust violations related to its AI chip market dominance.
  • Apple plans to use OLED screens in all iPhone 16 models, moving away from Japanese suppliers and introducing new AI features.
  • Amazon S3 has introduced conditional writes to prevent overwriting existing objects, simplifying data updates for developers.
  • Chinese scientists have developed a hydrogel that shows promise in treating osteoarthritis by restoring cartilage lubrication.
  • Nvidia's CEO is working to position the Nvidia as a comprehensive provider for data center needs, amidst growing competition from AMD and Intel.
  • OpenAI
  • Nvidia Blackwell
  • Amazon is set to release a revamped Alexa voice assistant in October, powered by AI models from Anthropic's Claude, and will be offered as a paid subscription service.