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Report: OpenAI Plans to Restructure and Become For-Profit Benefit Corporation
Report: OpenAI Plans to Restructure and Become For-Profit Benefit Corporation
September 25, 2024  |  artificial intelligence

OpenAI reportedly plans to restructure its core business into a for-profit benefit corporation that won’t be controlled by its nonprofit board. Under this plan, the...

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First Abu Dhabi Bank Completes Programmable Payments Pilot With JPM Coin
First Abu Dhabi Bank Completes Programmable Payments Pilot With JPM Coin
September 25, 2024  |  Blockchain

First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to...

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Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
September 25, 2024  |  Point of Sale

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and...

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Mercado Pago Applies for Banking License in Mexico
Mercado Pago Applies for Banking License in Mexico
September 25, 2024  |  Digital-First Banking

Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...

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AWS Makes Meta’s Llama 3.2 LLMs Available to Customers
AWS Makes Meta’s Llama 3.2 LLMs Available to Customers
September 25, 2024  |  Meta

Meta’s Llama 3.2 multilingual large language models (LLMs) are now generally available in Amazon Bedrock, Amazon SageMaker and via Amazon Elastic Compute Cloud (Amazon EC2) using AWS Trainium and AWS...

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PayPal Business Account Holders Can Buy, Hold, Sell Crypto
PayPal Business Account Holders Can Buy, Hold, Sell Crypto
September 25, 2024  |  Cryptocurrency

PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business...

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OpenAI Chief Technology Officer Mira Murati to Leave Company
OpenAI Chief Technology Officer Mira Murati to Leave Company
September 25, 2024  |  artificial intelligence

OpenAI Chief Technology Officer Mira Murati said Wednesday (Sept. 25) that she is leaving the company after 6½ years. “I’m stepping away because I want...

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IWallet Enables Small Businesses to Use Zelle for Invoicing
IWallet Enables Small Businesses to Use Zelle for Invoicing
September 25, 2024  |  SMBs

FinTech startup iWallet now enables small- to medium-sized businesses (SMBs) to use Zelle for invoicing. While Zelle is often considered a tool for peer-to-peer transactions,...

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Report: China-Connected Hackers Breach US Broadband Networks
Report: China-Connected Hackers Breach US Broadband Networks
September 25, 2024  |  Cybersecurity

Hackers with ties to China’s government have reportedly gotten into some American internet service providers. The hacking campaign, dubbed Salt Typhoon by investigators, was targeting...

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