On November 21, several significant stories graced the New York Times business pages. One story involved Microsoft and the turmoil at OpenAI, a small yet influential AI start-up. This development led to the creation of the ChatGPT chatbot and propelled Microsoft’s shares to new heights. In another tale, X, formerly known as Twitter, sued Media Matters in federal court after the organization published research revealing that ads on X were appearing alongside antisemitic content.
Meanwhile, Epic Games’ CEO, Tim Sweeney, testified in a San Francisco federal courthouse as part of the company’s ongoing legal battle against Google. Additionally, OpenAI’s future hung in the balance after more than 700 of its 770 employees signed a letter indicating they might leave for Microsoft if the ousted CEO, Sam Altman, was not reinstated.
In summary, these events showcased an array of challenges faced by businesses today, from technological advancements leading to upheaval within companies to legal battles against major corporations.