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Elon Musk is testifying against ChatGPT maker OpenAI. He claims the company abandoned its original mission. Musk stated he co-founded OpenAI to ensure AI benefited humanity. He expressed concerns about AI safety and misuse. Musk also revealed he warned former US President Barack Obama about AI dangers years ago. The case could impact AI governance and charitable trusts.

Tech mogul Peter Thiel has reportedly acquired a sprawling $12 million mansion in Buenos Aires' exclusive Barrio Parque. The historic property, designed by Alejandro Bustillo, boasts extensive living spaces and a garden terrace. Thiel's significant investment in Argentina, coupled with meetings with President Milei, hints at broader economic interests in the region.

Elon Musk testified in a trial against OpenAI, accusing the AI company and CEO Sam Altman of abandoning their nonprofit mission. Musk stated he co-founded OpenAI to prevent AI from falling into the wrong hands, arguing the shift to a for-profit structure violated its original purpose. He emphasized that the case's outcome could impact charitable giving nationwide.

Elon Musk's philosophy emphasizes pursuing purpose over perfection, even when odds are unfavorable. He demonstrated this by investing his fortune into SpaceX and Tesla, enduring failures to achieve ambitious goals like reusable rockets and electric cars. This mindset encourages taking calculated risks and prioritizing "why" over "what if" in daily life and career choices.

California gears up for FIFA World Cup 2026, hosting 14 matches across Los Angeles and the Bay Area. SoFi Stadium and Levi’s Stadium will be key venues. Beyond the global tournament, the state offers a year-round sports spectacle, featuring iconic teams and venues like Dodger Stadium and Oracle Park, promising an unforgettable experience for enthusiasts.

Venture capitalist David Sacks is transitioning from Special Advisor on AI and crypto to co-chair of the President's Council of Advisors on Science and Technology. Having served his term, Sacks will now broaden his advisory role to encompass semiconductors, quantum computing, and nuclear power, continuing to influence tech policy and the administration's AI framework.

Halter, a New Zealand firm, has secured $220 million in funding. This investment values the company at $2 billion. Halter's AI cow collars help farmers manage herds and monitor animal health. The company plans to expand its technology across New Zealand, Australia, and the US. Future growth includes entering markets like Ireland and the UK.

Digital payment solutions provider PayPal on Friday said it will stop offering domestic payment services within India from April 1. "From April 1, 2021, we will focus all our attention on enabling more international sales for Indian businesses, and shift focus away from our domestic products in India," the spokesperson stated.

German banks blocked over 10 billion euros in PayPal payments due to a surge in fraudulent direct debits. PayPal's security system experienced a disruption, leading to unvetted payments being processed. While the issue has been resolved, it significantly impacted payment transactions across Europe, particularly in Germany, prompting regulatory scrutiny and a drop in PayPal's stock value.

PayPal's new ad campaign features Will Ferrell singing a parody of Fleetwood Mac's "Go Your Own Way," highlighting the various payment options available through PayPal, including debit, credit, bank account, and the Buy Now Pay Later option. The campaign emphasizes recent checkout upgrades and the benefits of using the PayPal Debit Mastercard.

US payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom.

Microsoft's HR department is undergoing a major restructuring to boost adaptability amidst rapid technological change. Key teams are being consolidated, with new leaders appointed to drive engineering HR, employee experience, and total rewards. This significant shake-up coincides with Microsoft's AI transformation and sees several long-serving executives departing.

Editorialge Media has launched ImagineLab.art, a unified AI creative platform integrating image, video, infographic, and audio generation. This browser-based workspace aims to streamline workflows for creators by consolidating multiple AI tools into a single, cost-transparent environment. The platform features advanced AI models and supports diverse payment options, including local methods like bKash and UPI.

Online payments firm PayPal has launched its Innovation Labs at the Chennai and Bengaluru technology centres. This lab would be a first of its kind by PayPal in India and its third such facility after the US and Singapore centres. The lab will serve as a platform to promote innovation in the newest technology areas, the company said.

Major disruptions hit PayPal and Venmo in the US, leaving millions unable to send or receive money. Starting around 9 a.m. ET, users faced transaction failures and login issues. While PayPal cited problems with online and retail checkouts, Venmo also experienced outages despite being listed as operational.

The San Jose California-based PayPal holdings Inc will open its operations for trading in cryptocurrency. This facility will be restricted to the geographical jurisdiction of Europe and will open this week.

PayPal has increased the limit of cross-border remittances to $50,000, from $25,000 in 2018 and $10,000 in 2017, to keep up with demands of US customers, particularly the NRI community in North America.

Speaking at the Economic Club of New York in Manhattan, PayPal Chief Executive Officer Dan Schulman said cryptocurrencies have a very uncertain future.

PayPal Holdings is launching a stablecoin called PayPal USD (PYUSD), the first stablecoin to be launched by a major finance firm. It is backed by the US dollar and aims to boost the slow adoption of digital tokens for payments. It will be issued by Paxos and made available to PayPal account holders in the US.

PayPal, the online money-transfer company, has accidentally credited a man in Delaware a whopping $92,233,720,368,547,800, making him by far the richest man in the world.

PayPal has ceased to be an option for Steam purchases in numerous countries due to concerns over content policies, specifically adult-themed games. Valve cites a sudden termination by an acquiring bank following disputes with Mastercard. Gamers in affected regions are now turning to alternative payment methods like Steam Wallet codes as the future of PayPal on Steam remains uncertain.

PayPal Holdings Inc said on Monday it will not fine users for misinformation and an earlier policy update that said customers could have to pay $2,500 in damages was sent in error.

Thousands of tech employees have lost their jobs recently. Companies like Google, Amazon, Microsoft and others announced job cuts last month. Now another company has joined the list. Payments firm PayPal has announced that it is planning to cut up to 7% of its workforce which accounts for close to 2,000 employees.