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OpenAI in talks with regulators to become a for-profit company: Report

[Nov 5 6:00 AM] The $157 billion artificial intelligence giant wants to retain a nonprofit arm to pursue its mission of benevolent AI development. 

Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company

[Aug 4 7:56 AM] Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million…

Valkyrie Files for Ethereum ETF With US Securities Regulator

[Aug 17, 2023 8:30 PM] U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application…

Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report

[Apr 15, 2023 11:30 AM] Entrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of…

SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

[Dec 25, 2022 11:30 PM] The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the…

Crypto Exchange FTX Fires 3 Top Executives, Report Reveals

[Nov 19, 2022 7:00 AM] Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in…