Musk Beats $500 Million Lawsuit by Fired Twitter Workers; Microsoft Ditches OpenAI Board Seat | Business Matters (July 10)

Don Ma
By Don Ma
July 10, 2024Business Matters
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Elon Musk has won dismissal of a $500 million lawsuit that claimed some Twitter employees did not receive adequate severance when they were laid off after Mr. Musk took over.

Microsoft has given up its board observer seat at OpenAI in a move seemingly aimed at easing U.S. and UK antitrust regulators’ concerns about the extent of its control over the AI startup amid the soaring popularity of generative artificial intelligence.

After the United States and its allies issued a warning about a state-sponsored Chinese hacking group, NTD spoke to Rex Lee, security adviser at MySmartPrivacy, about the biggest cybersecurity weakness the United States has in its infrastructure and how it could be improved.

A previous version of the headline incorrectly stated the lawsuit amount. NTD regrets the error.