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Microsoft Slides After Amending OpenAI Partnership, Will No Longer Pay Revenue Share
Microsoft Slides After Amending OpenAI Partnership, Will No Longer Pay Revenue Share
Microsoft and OpenAI announced an amended agreement to "simplify" their partnership structure and to change Microsoft’s license to be non-exclusive and it no longer paying a revenue share to OpenAI.
As a result of the amendment, Microsoft remains OpenAI’s primary cloud partner, and OpenAI products will ship first on Azure. Microsoft will continue to have a license to OpenAI IP for models and products through 2032. Revenue share payments from OpenAI to Microsoft continue through 2030. Microsoft will also continue to...
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Jun 8, 2026 / Tyler Durden
Saylor's Strategy Buys The Dip As Bitcoin Nears Mining Cost Floor
Saylor's Strategy Buys The Dip As Bitcoin Nears Mining Cost Floor
A week after SELLING 32 Bitcoin - and (in part) triggering a waterfall decline in crypto - Bitcoin treasury company Strategy just BOUGHT an additional 1,550 BTC for approximately $101.3 million at an average price of $65,332 per bitcoin between June 1 and June 7, according to an 8-K filing with the SEC on Monday.
Strategy now holds a total of 845,256 BTC - worth around $53.5 billion - bought at an average price of $75,680 per bitcoin for a total cost of...
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Jun 6, 2026 / Tyler Durden
UK Government Plots Digital ID Lockdown On Every Phone In Lockstep With Big Tech
UK Government Plots Digital ID Lockdown On Every Phone In Lockstep With Big Tech
Authored by Steve Watson via Modernity,
The Labour government in Britain is accelerating its assault on digital privacy under the well-worn banner of child protection. Fresh plans leaked to the press reveal ministers intend to compel Apple, Google and other tech firms to restrict smartphones so thoroughly that a digital ID will be needed to use them with unfettered access.
The mechanism comes in the form of expanded age verification that effectively demands digital identification for device setup...
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Feb 23, 2026 / Tyler Durden
Key Events This Week: PPI, Iran Talks, Nvidia Earnings, Fed Speakers Galore And State Of The Union
Key Events This Week: PPI, Iran Talks, Nvidia Earnings, Fed Speakers Galore And State Of The Union
While much digital ink has been spilled on the Supreme Court's striking down of Trump's IEEPA tariffs and the consequences of this decision (see "Full Analysis Of The Supreme Court IEEPA Decision: How It Impacts The Economy, Policy And Markets"), a lot more is on deck for this week when we will also have more geopolitical headlines to contend with, as the latest round of US-Iran talks is expected in Geneva on Thursday....
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