Source: Microsoft learned that OpenAI was ousting CEO Sam Altman just a minute before the news was published
Microsoft, which has invested billions in OpenAI, learned that OpenAI was ousting CEO Sam Altman just a minute before the news was shared with the world, according to a person fami...
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”
The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
Greg Brockman describes Ilya Sutskever's role in Sam Altman's firing and Brockman's removal from the OpenAI board, as well as Mira Murati's foreknowledge
Sam and I are shocked and saddened by what the board did today. Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our invest...
E-commerce marketing company Klaviyo files for a US IPO and reports H1 2023 revenue of ~$321M, vs. ~$208M YoY, and $15.2M net income, vs. a $24.6M net loss YoY
Annie Palmer / CNBC :
Zoom reports Q3 revenue of $777.2M, up 367% YoY, vs. $694M est., and customers with 10+ employees rose to ~433,700, up 485% YoY, higher than Q2's 355% growth
Jordan Novet / CNBC :
Zoom CEO says the app's upcoming end-to-end encryption feature will be available only to paid users in order to comply with law enforcement in case of misuse
If you're a free Zoom user, and waiting for the company to roll out end-to-end encryption for better protection of your calls, you're out of luck.
Zoom reports Q1 revenue of $328.2M, up 169% YoY, and 265K customers with 10+ employees, up 354% YoY; projected Q2 revenue is nearly double expectations
and revenue — thanks to the pandemic The Irish Times : Zoom nearly doubles revenue forecast on remote-work boost Mike Wheatley / SiliconANGLE : Zoom crushes earning estimates and i...
Twilio beat Q1 estimates with revenue of $364.9M, up 57% YoY, and reports over 190K active customer accounts
Jordan Novet / CNBC :
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday
Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi Tweets: @cararlombardo , @carnage4life , @bsteverman , @chriszeoli , @cararlom...
Google acquires no-code app development platform AppSheet, which had raised ~$19M to date, with plans to migrate AppSheet services to Google Cloud
Google is on something of a buying spree. On the heels of its acquisition of retail inventory management startup Pointy …