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OpenAI hires former xAI CFO Mike Liberatore as business finance officer

(Reuters) -OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its AI infrastructure, a company spokesperson told Reuters on Tuesday. Liberatore, who left xAI in July after just three months on the job, will report to CFO Sarah Friar and …

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Trump administration orders Delta, Aeromexico to end joint venture by January 1

By David Shepardson WASHINGTON (Reuters) – The Trump administration said late on Monday it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by January 1 that let the carriers coordinate scheduling, pricing and capacity decisions for U.S.–Mexico flights. The U.S. Transportation Department in July had proposed ending the nearly nine-year-old joint …

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Australia wants ‘minimally invasive’ age checks under teen social media ban

By Renju Jose SYDNEY (Reuters) -Australia urged social media platforms on Tuesday to employ “minimally invasive” methods to check the age of users covered by its world-first teen social media ban, which take into account artificial intelligence (AI) and behavioural data. Governments and tech firms worldwide are closely watching Australia’s effort to become the first …

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US probing whether Ticketmaster does enough to stop resale bots, Bloomberg News reports

(Reuters) – U.S. regulators were investigating whether Live Nation’s Ticketmaster was doing enough to prevent bots from illegally reselling tickets on its platform, Bloomberg News reported on Monday, an allegation the company denied. The probe by the U.S. Federal Trade Commission, which examines the ticket-selling unit’s compliance with the Better Online Ticket Sales (BOTS) Act, …

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Wall Street indexes end higher ahead of Fed meeting; Tesla and Alphabet rally

By Abigail Summerville and Ragini Mathur (Reuters) – The three major U.S. stock indexes closed higher on Monday with the S&P 500 and the Nasdaq notching intraday record high closes, as investors await the Federal Reserve’s crucial policy meeting later this week. Tesla shares climbed 3.6% after regulatory filings revealed CEO Elon Musk had acquired …

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US court rejects challenge to FAA approval of expanded SpaceX operations

(Reuters) – A U.S. district court judge on Monday rejected a lawsuit by conservation groups challenging the Federal Aviation Administration approval in 2022 of expanded rocket launch operations by Elon Musk’s SpaceX next to a national wildlife refuge in South Texas. The groups said noise, light pollution, construction and road traffic also degrade the area, …

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Reddit back up after brief outage, Downdetector shows

(Reuters) – An outage affecting thousands of users of social media platform Reddit in the U.S. had eased after a brief downtime on Monday, according to tracking website Downdetector.com. There were nearly 650 incidents of people reporting issues with the platform as of 5.40 p.m. ET compared with over 21,000 reports earlier, according to Downdetector, …

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SEC, billionaire Winklevoss twins resolve lawsuit over Gemini Earn

By Jonathan Stempel NEW YORK (Reuters) – The U.S. Securities and Exchange Commission agreed to settle a lawsuit that accused an exchange run by billionaire twins Tyler and Cameron Winklevoss of failing to register a cryptocurrency asset lending program before offering it to retail investors. In a letter filed on Monday in Manhattan federal court, …

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