Will he or won't he Drama continues as Altman vs OpenAI SVC 11/20/23

OpenAI is facing major turmoil, with CEO Sam Altman being ousted and then potentially reinstated, 500 employees threatening to quit, and chief scientist Ilya Sutskever expressing regret over his role. There are also reports that Altman may still try to regain his CEO position and that Emmett Shear has been appointed the new CEO.

The Justice Department is seeking a $4 billion settlement from cryptocurrency exchange Binance over alleged violations. Binance's founder Changpeng Zhao could still face charges.

Elon Musk has filed a lawsuit against Media Matters for claiming X placed ads next to antisemitic content.

The Senate Judiciary Committee has subpoenaed the CEOs of Discord, Snap, and X over concerns their platforms endanger children's health.

There have been several notable startup fundings, including Edamama ($35 million total), Inclusively ($13 million), VaultSpeed ($15.9 million), AppFlowy ($6.4 million), and Lasso Security ($6 million).

The SEC has sued cryptocurrency exchange Kraken for illegally operating as an unregistered securities exchange.