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A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Recommended Videos Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk also wanted the job, according to emails revealed as part of the court case, but grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence , or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives.Tetairoa McMillan, one of the best wide receivers in Arizona history, will skip his final year of eligibility and enter the 2025 NFL Draft, he announced on social media on Thursday. Projected as a top-10 draft pick, the 6-foot-5, 212-pound McMillan finished his illustrious career at Arizona with 3,423 receiving yards, breaking the mark set by Bobby Wade (3,351). In three seasons, the Hawaii native also posted the fourth-most catches (213) and third-most touchdowns (26) in school history. "Wildcat Nation, this journey has been everything I dreamed of and more," McMillan wrote on Instagram. "From the moment I committed to the University of Arizona, to every second spent wearing that Arizona jersey ... it's been an absolute honor. "The University of Arizona has provided me with the platform to grow and chase my dreams. ... Thank you from the bottom of my heart. To the best fans in the country, I appreciate you for all of the love and support you have given me these last 3 years. I will always be a Wildcat." In 2024, McMillan totaled 84 grabs (ninth in Division I) for 1,319 yards (third in Division I) and eight touchdowns for the 4-8 Wildcats. He also ranked third in Division I with 109.9 receiving yards per game. McMillan is a finalist for the Biletnikoff Award, given to the most outstanding receiver in college football. --Field Level Media

CATL forms partnerships with automakers such as Vinfast, BAIC, and Neta to develop models based on this chassis China’s CATL, the world’s largest electric vehicle (EV) battery maker, on Tuesday unveiled a new chassis for EVs that integrates the battery directly into the vehicle frame. The company claims the chassis can withstand a frontal impact at 120 km/h without the battery catching fire or exploding. The chassis, called “panshi” or “bedrock,” supports EVs with a range of approximately 1,000 km on a single charge. CATL stated the platform could reduce vehicle development cycles to 12-18 months from the traditional 36 months or longer. CATL announced that Avatr, co-owned by CATL, Changan Auto, and Huawei, will be the first automaker to use the new chassis. The company did not specify when models using the platform would be launched. The chassis architecture, also known as a skateboard chassis, integrates electric motors, batteries, controls, and suspensions. CATL stated that the platform enables decoupled development of upper and lower car bodies, allowing compatibility with a wide range of vehicle types. CATL has formed partnerships with automakers such as Vinfast, BAIC, and Neta to develop models based on this chassis. The company also revealed that it has demonstrated the panshi technology to Porsche and investors in the UAE as part of efforts to expand its market reach. The company said the panshi chassis could reduce the development cost of a new EV from billions of dollars to $10 million. It added that this could make EV production viable for smaller companies by achieving profitability with lower production volumes. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Zegona Communications plc ( LON:ZEG – Get Free Report ) shares shot up 16.9% on Monday . The company traded as high as GBX 374 ($4.69) and last traded at GBX 374 ($4.69). 2,029,883 shares traded hands during mid-day trading, an increase of 869% from the average session volume of 209,492 shares. The stock had previously closed at GBX 320 ($4.01). Zegona Communications Stock Up 6.8 % The stock’s 50 day simple moving average is GBX 331.09 and its two-hundred day simple moving average is GBX 323.56. The firm has a market cap of £2.86 billion, a P/E ratio of 4,511.11 and a beta of 2.80. The company has a debt-to-equity ratio of 4.22, a current ratio of 67.85 and a quick ratio of 6.23. Insider Activity at Zegona Communications In other news, insider Ashley G. Martin acquired 12,750 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were bought at an average cost of GBX 330 ($4.14) per share, with a total value of £42,075 ($52,745.39). 74.68% of the stock is owned by corporate insiders. Zegona Communications Company Profile Zegona Communications plc engages in investing in telecommunications, media, and technology businesses in Europe. The company was incorporated in 2015 and is based in London, the United Kingdom. Recommended Stories Receive News & Ratings for Zegona Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zegona Communications and related companies with MarketBeat.com's FREE daily email newsletter .

Minor league pitchers Luis Moreno, Alejandro Crisostomo suspended after positive drug testsShares of German American Bancorp, Inc. ( NASDAQ:GABC – Get Free Report ) saw an uptick in trading volume on Friday . 484,082 shares were traded during trading, an increase of 369% from the previous session’s volume of 103,222 shares.The stock last traded at $40.29 and had previously closed at $41.11. Wall Street Analysts Forecast Growth GABC has been the subject of several research analyst reports. Hovde Group raised German American Bancorp from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $41.00 to $48.00 in a research report on Wednesday, October 30th. Keefe, Bruyette & Woods lifted their target price on German American Bancorp from $43.00 to $46.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Finally, Stephens initiated coverage on German American Bancorp in a report on Tuesday, October 15th. They set an “overweight” rating and a $45.00 price target on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $45.40. Get Our Latest Stock Report on German American Bancorp German American Bancorp Trading Down 1.3 % German American Bancorp ( NASDAQ:GABC – Get Free Report ) last issued its earnings results on Monday, October 28th. The bank reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.01. German American Bancorp had a return on equity of 11.94% and a net margin of 23.75%. The company had revenue of $62.40 million for the quarter, compared to analyst estimates of $62.80 million. Equities analysts predict that German American Bancorp, Inc. will post 2.76 EPS for the current year. German American Bancorp Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Sunday, November 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend was Friday, November 8th. German American Bancorp’s dividend payout ratio (DPR) is 38.99%. Institutional Investors Weigh In On German American Bancorp Hedge funds and other institutional investors have recently made changes to their positions in the business. Quantbot Technologies LP acquired a new position in German American Bancorp during the 3rd quarter valued at about $99,000. Renaissance Technologies LLC bought a new position in shares of German American Bancorp in the second quarter valued at approximately $207,000. BNP Paribas Financial Markets boosted its position in shares of German American Bancorp by 6.2% during the third quarter. BNP Paribas Financial Markets now owns 6,220 shares of the bank’s stock valued at $241,000 after buying an additional 365 shares during the last quarter. SG Americas Securities LLC bought a new stake in German American Bancorp during the third quarter worth $247,000. Finally, Semanteon Capital Management LP purchased a new stake in German American Bancorp in the 3rd quarter valued at $346,000. 46.90% of the stock is owned by institutional investors. German American Bancorp Company Profile ( Get Free Report ) German American Bancorp, Inc operates as a financial holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. Read More Receive News & Ratings for German American Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for German American Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .Quantum technologies: Preparing your business for the next tech revolution

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Irwindale Speedway, a home for Southern California racing community, prepares for its final lapWith a new year ahead and the holiday fanfare behind, this is a great time to set money goals, especially if you recently spent a lot on gifts and travel and want to get your finances in shape. You’d be in good company, too — according to a January 2024 survey from the Pew Research Center, of the 30% of Americans who made at least one New Year’s resolution, 61% had a goal that was money-related. Right now, you may be highly motivated to solve every single one of your money issues in the next few months, but daily life is guaranteed to get in the way. Your financial to-do list, once so full of promise, can eventually get stuffed in the back of a drawer while you manage more pressing matters. The vast majority of New Year’s resolutions go unfulfilled. So how can you improve your odds of success? It comes down to accepting that you won’t have the time or energy to complete every task to perfection. Creating a system where you can prioritize, plan ahead and hold yourself accountable can help. Many start by setting a goal to trim frivolous costs, which can certainly be helpful, but there are other ways to make a big difference. Taylor Schult — a certified financial planner and founder of Define Financial, an advisory firm in San Diego — recommends starting with a few overlooked financial tasks. Freezing your credit is a quick, easy way to guard yourself against identity theft. It’s free to do, and you can temporarily lift the freeze when you’re applying for a loan or credit card. Schulte also suggests looking into umbrella insurance , which offers additional coverage beyond what your auto, homeowners and other insurance policies provide. This coverage can spare you from massive out-of-pocket costs in the event you get sued. Basic estate planning, including creating a will, is another thing to put high on your list. Putting off this task can create a major headache for your loved ones if something happens to you unexpectedly. “I know it’s a pain point and it’s often kicked down the road,” Schulte says. Paying attention to your spending is always important, but don’t neglect taking steps to protect your money, yourself and your loved ones. So many money goals are born out of social pressure. You “should” want to save up to own a home, even if you’re happily renting. You “should” sacrifice short-term needs and wants to stash away as much as possible for retirement, even though it leaves you feeling deprived. But money goals should be tied to the things that matter most to you. If they aren’t, you’ll quickly lose interest. “If you don’t know what goals to choose, go back to your values and have them guide the goals you set,” says Eric Roberge, a certified financial planner and founder of Beyond Your Hammock, a financial advisory firm in Boston. You can combine goal-setting with a little planning, so expenses are less likely to creep up on you throughout the year. Think about what expected costs will be coming up in the next six to 12 months, like recurring bills, vacations, anticipated home or car repairs, and other expenses. This approach allows you to set money aside each month to put toward planned costs, as well as longer-term goals. Forgetting your goals can be far too easy, so to make something stick, write it down . It can be as simple as a handwritten list you keep on the fridge, or online calendar reminders that will nudge you every so often. For time-sensitive goals, set deadlines. One tactic is to make multiple lists based on what you need to complete within the next week, month or three months. As time passes and you check off items, you can update the list. Enlist others’ help, too. Weekly or monthly household money meetings are useful if you’re completing financial tasks as a group. Or share your goals with a trusted friend or family member who can serve as an accountability partner. Looping in loved ones can help keep you on track. “We don’t mind letting ourselves down,” Schulte says. “But we hate to let other people down.” It’s easy to get stuck in decision-making mode when trying to pick a high-yield savings account, credit card or possible investments, but eventually, you need to make a good-enough choice . Taking action now can have more of a positive effect on your life than waiting until you’ve painstakingly considered each option. Roberge says that though he’d prefer to optimize every financial decision, he doesn’t because if he did, he wouldn’t get things done. “Everything in moderation is one of the things that I live by,” he says. “Going to extremes in any one thing, at the detriment of other things that are important, doesn’t work long-term.” More From NerdWallet Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com . Twitter: @sarakrathner. The article Got Money Goals for the New Year? Stay on Track With These Tips originally appeared on NerdWallet. Get any of our free email newsletters — news headlines, sports, arts & entertainment, state legislature, CFD news, and more.

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Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. ET Year-end Special Reads It's all Gucci for Indians' luxury craving even as economy shows wrinkles Investing in 2025: Will domestic funds continue to counter FPI sell-offs amid rising valuations? 2024 exposed the underbelly of India's Silicon Valley Sanctions have complicated Russia 's trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators. This year, Russia permitted the use of cryptocurrencies in foreign trade and has taken steps to make it legal to mine cryptocurrencies, including bitcoin. Russia is one of the global leaders in bitcoin mining. "As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia (in foreign trade transactions)," Siluanov told Russia 24 television channel. 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View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program RECOMMENDED STORIES FOR YOU "Such transactions are already occurring. We believe they should be expanded and developed further. I am confident this will happen next year," he said, adding that international payments in digital currencies represent the future. Earlier this month, President Vladimir Putin said that the current U.S. administration was undermining the role of the U.S dollar as the reserve currency by using it for political purposes, forcing many countries to turn to alternative assets. He singled out bitcoin as an example of such assets, saying that no-one in the world could regulate bitcoin. Putin's remarks indicated that the Russian leader backs the extensive use of cryptocurrencies. (You can now subscribe to our Economic Times WhatsApp channel )If you’re ready to have more fun, connect with friends and break out of your comfort zone in 2025, immersive experiences are the way to go. These creative activities blend entertainment, art and technology into unforgettable nights out. Immersive nightlife goes beyond the conventional dance floor or cocktail bar, integrating interactive storytelling, cutting-edge technology, and multisensory elements to create environments where guests become part of the experience. Think of it as stepping into a live-action movie, an art installation, or a futuristic game. From AI-enhanced light shows to rooms where walls respond to your movements, the goal is to engage every sense and leave patrons awestruck. These experiences often incorporate elements of escapism, transporting attendees to entirely new worlds. Whether it’s a speakeasy hidden inside a labyrinthine puzzle or a nightclub designed as a space station, immersive nightlife challenges the imagination while delivering high-energy fun. One of the most popular types of immersive nightlife experiences is escape rooms, which have been growing in popularity in the U.S. over the past 10 years. These interactive adventures challenge groups to solve puzzles, uncover clues, and work together to “escape” within a set time limit. Modern escape rooms often incorporate high-tech elements like projection mapping, augmented reality, and even live actors to elevate the experience. Themes range from solving a heist to surviving a zombie apocalypse, making every visit unique. Escape rooms have become their own industry, with chains like Escapology – whose locations include Los Angeles, San Diego and Riverside counties – as well as highly creative smaller operations like Wizards & Wires Escape Games in Riverside, Unlocked in Costa Mesa and Lara’s Labyrinth in San Diego For nightlife enthusiasts, late-night escape room events with added theatrical elements or themed cocktails are a fresh twist on traditional social outings. Virtual reality (VR) lounges are another thrilling addition to the immersive nightlife scene. These venues offer cutting-edge VR experiences where guests can dive into fantastical worlds, compete in multiplayer games, or even participate in interactive storytelling. With high-resolution headsets and motion-tracking technology, these lounges allow patrons to fully immerse themselves in otherworldly adventures.Many VR lounges pair these experiences with trendy bar menus, creating a social hub where guests can relax, compare scores, and extend the fun after their virtual escapades. Popular SoCal VR hotspots include Los Virtuality in Los Angeles, Sandbox VR in Woodland Hills and The GRID in Oceanside. Interactive art museums and installations bring a creative flair to immersive nightlife. These spaces invite visitors to become part of the artwork itself, using touch, sound, and motion to activate exhibits. Picture walking through rooms that react to your presence with cascading lights, evolving soundscapes, or transformative projections. Some venues even host nighttime events with live music, themed cocktails, and exclusive access to exhibits, creating a blend of culture and entertainment that’s perfect for a night out. These art-driven experiences are not only visually stunning but also provide a unique way to explore creativity while socializing. A great example is WNDR Museum in San Diego’s Gaslamp Quarter where you can take in over 15 installations of awe-inspiring immersive art. The news and editorial staffs of Southern California News Group and The San Diego Union-Tribune had no role in this post’s preparation.

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