HYBE is at serious risk of depleting cash reserves after the put option rate for its third convertible bonds, issued in 2021, has soared over 80%. This implies that many HYBE investors are trying to redeem what they might be deeming as a losing investment. A put option refers to an early redemption claim that […]
OpenAI’s VP of global affairs claims o1 is ‘virtually perfect’ at correcting bias, but the data doesn’t quite back that up
Departures might be dominating the week’s OpenAI-related headlines. But comments on AI bias from Anna Makanju, the company’s VP of global affairs, also grabbed our attention. Makanju, speaking on a panel at the UN’s Summit of the Future event on Tuesday, suggested that emerging “reasoning” models such as OpenAI’s o1 have the potential to make […]
Brock Purdy injury update: 49ers QB day-to-day with back soreness after negative MRI
The 49ers are off to an unfortunate start to their 2024 season, beginning the year 1-2 following defeats to the Vikings and Rams in Weeks 2 and 3. Unfortunately, a big part of the team’s difficulty so far can be attributed to its injury struggles, which include tight end George Kittle, running back Christian McCaffrey, […]
Luis Diaz Fires Liverpool Top Of Premier League, Spurs Bounce Back
Liverpool moved to the top of the Premier League with a resounding 3-0 win over Bournemouth as Tottenham eased the pressure on Ange Postecoglou by beating Brentford 3-1 on Saturday. Nicolas Jackson scored twice as Chelsea cruised to a 3-0 win at West Ham, while Aston Villa are level on points at the top after […]
Back Market lays out its plan to make refurbished phones go mainstream
Back Market held a press conference on Thursday morning in Paris to talk about upcoming product launches and give an update on the company’s current situation. If you’re not familiar with the French startup it operates a marketplace of refurbished electronics devices — mostly smartphones. It’s attracted a lot of investor cash in recent years […]