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Seven of the top artificial intelligence (AI) companies have voluntarily agreed to develop their technology responsibly. They committed to focusing on “safety, security, and trust.” Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI met at the White House on Tuesday, July 18, to announce their commitments. The companies agreed to several terms, including:…
FTX filed a lawsuit against founder Sam Bankman-Fried and other former company executives. Other listed defendants include Caroline Ellison, who led Bankman-Fried’s Alameda Research hedge fund; former FTX technology chief Zixiao “Gary” Wang; and former FTX engineering director Nishad Singh. The company is looking to recoup more than $1 billion lost before it filed for Chapter…
The long-awaited sale of the Washington Commanders was unanimously approved by NFL owners on Thursday, July 20. The deal was worth $6.05 billion, the highest price paid for a North American professional sports club. The new owners are Harris Blitzer Sports and Entertainment, a group led by investor Josh Harris. Harris, along with partner David…
For the first time since the suspension of executions in Alabama back in November of 2022, a man was put to death in the early morning hours of Friday, July 21. 64-year-old James Barber died from a lethal injection at 1:56 a.m. at the William Holman Correctional Facility in Atmore, Alabama. Barber was convicted and sentenced…
The FBI form at the center of an alleged bribery scheme involving the Biden family has been publicly released. We look at how Democrats and Republicans are reacting to the allegations. And more controversy for failed FTX co-founder Sam Bankman-Fried as his former company’s own lawyers are now suing him. These stories highlight The Rundown…
Robert F. Kennedy Jr. defended himself Thursday, July 20, after being accused of being antisemitic and racist. In his opening statement at a hearing on alleged weaponization of the federal government, Kennedy said there is no evidence that he’s antisemitic and that the slurs in recent days are just an attempt to keep him quiet.…
New York City has agreed to pay more than $13 million to settle a civil rights lawsuit on behalf of approximately 1,300 people who were arrested, sometimes forcefully, during demonstrations that followed the murder of George Floyd in 2020. This is the latest occurrence of racial injustice protesters in big cities receiving historic payouts. In…
Tesla CEO Elon Musk is in a race to produce fully self-driving vehicles and he’s spending at least $1 billion to do it. Tesla is building an in-house supercomputer that will be used to process data and video to improve the EV maker’s autonomous driving capabilities. The goal of the computer, known as Project Dojo,…
In the past three years, companies including Chesapeake Energy, Hertz, VICE Media, and Silicon Valley Bank have all filed for bankruptcy. But that’s not all they have in common. Their top executives either cashed out company stock or received millions of dollars in bonuses soon before their companies filed. And apparently, it’s all legal. Straight…
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