Top Stories This Week
Elon Musk to ban Apple devices if OpenAI is integrated with OS
Elon Musk has threatened to ban Apple devices within his companies if Apple integrates OpenAI’s ChatGPT into its operating systems at a deep level. He views such an integration as a significant security concern. This issue arose as Apple disclosed during the Worldwide Developers Conference that its upcoming software update will include new AI features, notably allowing Siri to utilize ChatGPT to answer user queries. Musk criticized Apple for potentially compromising user privacy and not developing their own AI solutions.
Wall Street must be accountable for Bitcoin mining emissions — Greenpeace
Greenpeace has been actively campaigning to change Bitcoin’s proof-of-work consensus model to a more environmentally friendly proof-of-stake model. Their campaign, “Change the Code, Not the Climate,” argues that Bitcoin’s current energy consumption, largely fueled by non-renewable sources, significantly contributes to environmental degradation. The campaign has drawn attention by urging popular figures in the crypto space to support a shift to more energy-efficient blockchain operations.
Terraform to pay $4.47B to resolve SEC civil lawsuit
Terraform Labs has agreed to pay the United States Securities and Exchange Commission roughly $4.47 billion as part of its settlement with the securities regulator. The agency, however, has to queue up behind secured creditors to receive a payment, if any. In January, when the firm filed for bankruptcy, Terraform had assets worth $430.1 million against liabilities worth $450.9 million. The settlement received court approval on June 13.
Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory
Keith Gill, also known as “Roaring Kitty,” has significantly increased his investment in GameStop (GME), purchasing an additional 4 million shares. The latest acquisition…
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