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Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering (Bloomberg) 24-05-2024

Bloomberg: Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com’s recent $1.75B offering  —  – Company to immediately repurchase 14.8 million of its ADRs  — Move is to obtain cash offshore on favorable terms: Choi Lees verder op Tech Meme

OpenAI releases a majority of past employees from nondisparagement agreements tied to their exit contracts and would not seek to cancel staffers' vested equity (Bloomberg) 24-05-2024

Bloomberg: OpenAI releases a majority of past employees from nondisparagement agreements tied to their exit contracts and would not seek to cancel staffers’ vested equity  —  – AI startup is changing policies for outgoing employees  — OpenAI apologized for restrictions in exit contracts Lees verder op Tech Meme

The White House issues a call to action seeking companies' voluntary commitment to curb the creation, spread, and monetization of nonconsensual sexual AI images (Associated Press) 24-05-2024

Associated Press: The White House issues a call to action seeking companies’ voluntary commitment to curb the creation, spread, and monetization of nonconsensual sexual AI images  —  President Joe Biden’s administration is pushing the tech industry and financial institutions to shut down a growing market … Lees verder op Tech Meme

The US SEC approves applications from Nasdaq, Cboe, and NYSE to list spot ether ETFs, potentially paving the way for them to begin trading later this year (Reuters) 24-05-2024

Reuters: The US SEC approves applications from Nasdaq, Cboe, and NYSE to list spot ether ETFs, potentially paving the way for them to begin trading later this year  —  The U.S. Securities and Exchange Commission on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds … Lees verder op Tech Meme

Sources: Meta is considering charging users for a more advanced version of Meta AI and is developing AI agents that can complete tasks without human supervision (Kalley Huang/The Information) 24-05-2024

Kalley Huang / The Information: Sources: Meta is considering charging users for a more advanced version of Meta AI and is developing AI agents that can complete tasks without human supervision  —  Meta Platforms is considering charging users for a more advanced version of its artificial intelligence-powered assistant … Lees verder op Tech Meme