Governance

Top tech news stories today: September 26, 2024

Fintech 1. PayPal to allow cryptocurrency buying, holding and selling for US merchants PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts. (Aol) IT infrastructure 2. Google complains to EU over Microsoft cloud practi…

AuthorTuna Tu

Reading Time3 min

PublishedSeptember 26, 2024

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Headline

Context

PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts. ( Aol ) Google files an antitrust complaint to the European Commission against its competitor on the cloud market. ( EuroNews )

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Analysis

Elon Musk’s social media platform X will file documents requested by Brazil’s Supreme Court and ask by this Monday that service be restored in the country, according to two people familiar with the situation. ( Yahoo Finance ) WeRide’s first collaboration with a global ride-hailing platform will help the company expand its reach beyond China, while Uber takes another towards incorporating robotaxis into its platform. ( Economic Times ) ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors. ( Yahoo Finance ) OpenAI’s board is considering plans to restructure the firm to a for-profit business, according to a source who asked to remain anonymous because the talks are ongoing. ( CNBC )