Sam Altman gives up control of OpenAI Startup Fund, resolving unusual corporate venture structure

OpenAI CEO Sam Altman has transferred formal control of the eponymously firm’s named corporate venture fund to Ian Cathaway, OpenAI confirmed to TechCrunch.  The Open AI Startup Fund, launched in 2021, was initially set up with Altman as its named controller. The arrangement could have […]

The FTC is trying to help victims of impersonation scams get their money back

Illustration by Laura Normand / The Verge The Federal Trade Commission (FTC) has a new way to combat the impersonation scams that it says cost people $1.1 billion last year alone. Effective today, the agency’s rule (PDF) “prohibits the impersonation of government, businesses, and their […]

Chat app Telegram challenges Meta with the launch of new ‘Business’ features and revenue-sharing

Telegram Business introduces options like a customized start page, plus the ability to set business hours, use preset replies, greeting and away messages, chatbots, tags for chats, and more. © 2024 TechCrunch. All rights reserved. For personal use only.