What happened with OpenAI?, New Micro-McDonald's, You might not get your gifts on time, Ticket prices and Taylor Swift
The inside story of Microsoft’s partnership with OpenAI
Entertaining.
An executive from OpenAI, an artificial-intelligence startup into which Microsoft had invested a reported thirteen billion dollars, was calling to explain that within the next twenty minutes the company’s board would announce that it had fired Sam Altman, OpenAI’s C.E.O. and co-founder. It was the start of a five-day crisis that some people at Microsoft began calling the Turkey-Shoot Clusterf**k.
McDonald’s secretly launching new spin-off restaurant CosMc’s
Like a McDonald’s Starbucks apparently. Smaller. Leaner (the business not the food). Likely more automated.
Why inflation hits poor Americans hardest
If you have no assets, and only bills, one has nothing to hedge the rise in prices. Our central bank understands this but poor (and even middle class) people are considered “collateral damage”.
Dimon says he would shut down crypto if he had government role
Now why might a guy whose business is dollars be afraid of a challenge to the dollar?
30-Year Mortgages are still a sweet deal—For people who already have them
To unstick the housing market, make all those existing low, fixed rate loans assumable. Some homeowners will happily sell their well-played short bond position along with the land and house.
Governments are spying on Apple and Google users through phone notifications, U.S. senator says
Mail delays spike during USPS' busiest season
The pilots delivering your Amazon packages are ready to strike
Spikes and strikes. Good luck getting gifts in time for Christmas.
A year after Taylor Swift, Ticketing reform is within reach
I still don’t understand how 20 year olds can afford $1000 per ticket.
Also, let us take this opportunity to say that “scalping” is a very good, just, and moral thing.
