OpenAI, the creator of the popular program ChatGPT, has fired back at Tesla CEO Elon Musk. Musk recently sued the company for allegedly betraying its goal to benefit humanity. In a blog post, OpenAI executives claimed that Musk had supported their decision to become a for-profit company and vowed to… Read More
Target to revisit subscription plan amid ambitious projections
Target is relaunching its loyalty program, Target Circle, with a new paid membership called Target Circle 360. The membership, priced at $49 per year for a limited time, offers unlimited free same-day delivery for orders over $35. The move aims to compete with Amazon Prime and Walmart’s membership program. At… Read More
Report: Regulatory costs account for half the price of new condos in this jurisdiction
A University of Hawaii report published Monday found regulatory costs account for more than half of the price of a new condominium in Hawaii, a place where high housing costs are fueling an exodus of local-born residents searching for cheaper places to live. Some are worried the migration of Native… Read More
Two airlines shelve big merger until after July
On Monday, JetBlue Airways and Spirit Airlines announced they are abandoning their planned $3.8 billion merger. The decision comes after a federal judge blocked the deal last month, agreeing with the Justice Department that it would reduce competition and raise airfares. In a memo, JetBlue CEO Joanna Geraghty called the… Read More
‘Dune: Part Two’ already set a box office record for the year
The long-awaited “Dune: Part Two” enthralled global audiences this weekend, earning a massive $178.5 million globally. Mere days after opening Denis Villeneuve’s sci-fi spectacle has already become the highest-grossing movie of this year so far, signaling a turning point for struggling cinemas. In North America, the film topped the box… Read More
Big giveaway begins for Dr. Seuss’s 120th birthday
Babies born this coming Saturday could get a birthday present featuring a guy who knows how to have fun — The Cat in the Hat. Dr. Seuss Enterprises is celebrating the iconic children’s author’s 120th birthday with a free giveaway of “The Cat in the Hat” to U.S. residents who… Read More
Major car recall announced by Chrysler
Chrysler is recalling more than 330,00 Jeep Grand Cherokees because of a steering wheel issue that may cause drivers to lose control of their vehicles. The recall is for 338,238 of Chrysler’s 2021-2023 Jeep Grand Cherokee L and 2022-2023 Jeep Grand Cherokee vehicles. The automaker says in documents posted this… Read More
Sam Bankman-Fried asks judge to reject 100-year sentence over this
Sam Bankman-Fried’s lawyer said Tuesday that a suggested 100-year prison sentence for the FTX founder by an arm of the court is “grotesque” and “barbaric” and at most a term of a few years behind bars is appropriate for cryptocurrency crimes that the California man still disputes. In presentence arguments… Read More
Sony to cut about 900 jobs in its gaming unit as tech layoffs continue
Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs. Sony cited changes in the industry as a reason for the restructuring. “The industry has changed immensely, and we need… Read More
Fast-food chain Wendy’s to adopt surge pricing next year?!
Wendy’s is looking to test having the prices of its menu items fluctuate throughout the day based on demand, implementing a strategy that has already taken hold with ride-sharing companies and ticket sellers. During a conference call earlier this month, Wendy’s CEO Kirk Tanner said that the Dublin, Ohio-based burger… Read More
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