Short seller Muddy Waters Research published a report accusing Nasdaq-listed Chinese social media and online video company Joyy of being a “multibillion-dollar fraud.” The bombshell report came just days after Chinese search provider Baidu announced a deal to buy Joyy’s live-streaming business called YY Live for about $3.6 billion. In the report, Muddy Waters claims that up to 90% of YY...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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