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OpenAI Co-Founder Greg Brockman Defends Company's For-Profit Pivot... And His Own $30 Billion Payday
OpenAI Co-Founder Greg Brockman Defends Company's For-Profit Pivot... And His Own $30 Billion Payday
Authored by Beige Luciano-Adams via The Epoch Times,
In the second week of a high-profile jury trial that could have profound impact on the race for artificial intelligence, OpenAI president Greg Brockman rejected allegations that he and other co-founders betrayed the company’s philanthropic mission and illegally enriched themselves by flipping the non-profit lab into a for-profit corporation.
Tesla CEO Elon Musk in 2024 sued Brockman and CEO Sam Altman, alleging they bilked him of $38 million in donations...
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May 8, 2026 / Tyler Durden
Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports
Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports
Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks...
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Aug 4, 2026 / Tyler Durden
Saudi Aramco Profit Soars As CEO Warns Hormuz Closure Removes 100 Million Barrels A Week
Saudi Aramco Profit Soars As CEO Warns Hormuz Closure Removes 100 Million Barrels A Week
Saudi Aramco, the world's largest oil producer by volume, reported a 33% jump in second-quarter profits on Tuesday as the war-driven surge in Brent crude, which averaged $97 a barrel, boosted earnings. The company maintained export flows by redirecting crude around the disrupted Strait of Hormuz through its East-West Pipeline to the Red Sea.
Adjusted net income for the quarter surged to $33.4 billion from $25.2 billion a year earlier, beating the Bloomberg Consensus estimate...
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Aug 21, 2026 / Tyler Durden
Medieval Diseases Have Returned To Los Angeles
Medieval Diseases Have Returned To Los Angeles
In what can only be described as a stunning failure of state and local policy and leadership, Los Angeles County recorded its highest tally of flea-borne typhus cases in 2025, confirming 220 diagnoses, up from 187 the year before, according to the county's Department of Public Health. Almost nine in ten of those patients ended up hospitalized. Fleas that feed on infected rats, opossums, and other small mammals carry the bacteria behind the disease to humans, and Los Angeles has watched the case...
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