Moikas Digest: Is The Cyber Truck Cancelled? | Open AI Staff on Edges | SEC Sues Kraken

Hey Moian,

Read time: 15 minutes.

The Moicap

Today has been a bit better =)

I made more progress on the blog. I managed to complete the CRUD functionality with a UI.

Next on my list is to look into how I want to store my thumbnails for my Blog.

I want to use nft.storage, which offers free file storage using IPFS.

I would need to create the functionality and add a new table and link to my blog before I set up Supabase in the cloud.

The other option I planned to use was Vercels blob storage, which seems to be a similar implementation of how IPFS works…

I’ll keep you updated!

Today’s Highlights

Most of OpenAI's staff threatens to quit unless the board resigns and reinstates Sam Altman as CEO

Decoded: A significant upheaval at OpenAI has occurred, with most of the company's staff, including key executives, threatening to resign. This dramatic turn of events follows the board's decision to fire CEO Sam Altman and Chairman Greg Brockman, leading to a potential mass exodus to a new Microsoft subsidiary.

Key points:

• Approximately 700 of OpenAI's 770 employees have signed a letter demanding the resignation of the current board and the reinstatement of Altman and Brockman.

• The conflict began with the board dismissing Altman, citing a lack of openness in his communications.

• Microsoft, OpenAI's largest investor, has offered positions to all OpenAI employees at a new AI research team led by Altman and Brockman.

The SEC is suing Kraken for operating as an unregistered securities exchange

Decoded: The SEC's legal action against Kraken highlights the increasing regulatory scrutiny on cryptocurrency exchanges. Just as the Bull market was rumored to begin, it seems winter is coming again.

Key points:

• Kraken faces charges of operating as an unregistered securities exchange.

• The case follows a $30 million fine earlier this year for ending its crypto staking program in the US.

• This lawsuit is part of a broader trend of regulatory actions against major cryptocurrency platforms.

Epic v. Google: everything we’re learning live in Fortnite court

Decoded: The ongoing legal battle between Epic Games and Google provides insights into the complexities of app store policies and antitrust issues.

Key points:

• The trial reveals the financial dynamics between Epic Games and Google's Play Store.

• Epic's CEO Tim Sweeney's testimony sheds light on the company's strategy against Google's billing system.

• The outcome of this trial could have far-reaching effects on app store practices and antitrust regulations.

Webb telescope images show an unprecedented and 'chaotic' view of the center of our galaxy

Decoded: The Webb telescope provides new insights into the cosmos. What looks to be stars forming could be the missing link to how life began here on Earth.

Key points:

• New images reveal detailed views of our galaxy's center.

• The data offers potential for new astronomical discoveries.

• This marks a significant milestone in space observation technology.

PS Plus Premium Subscribers Get 2-Hour Trial of Baldur’s Gate 3

Decoded: PlayStation Plus Premium members can now experience a two-hour trial of the highly anticipated game Baldur's Gate 3. This will allow more players to experience what a complete game feels like.

Key points:

• Exclusive trial for PS Plus Premium users.

• Offers a glimpse into the new features of Baldur's Gate 3.

• Available on the PS5 platform.

 Tesla's Cybertruck Delivery Event May Disappoint 

Decoded: Tesla's upcoming Cybertruck delivery event might not meet expectations, with reports suggesting limited deliveries.

Key points:

• Only a handful of Cybertrucks may be delivered.

• The event is scheduled at Texas Gigafactory.

• Raises concerns about production scale and delivery timelines.

 Korean President Promises Support to the Video Game Industry

Decoded: The South Korean government acknowledges the gaming industry's importance, promising increased support following T1's victory at Worlds 2023.

Key points:

• The Korean president committed to supporting the gaming industry after T1's success.

• This move signifies the government's recognition of gaming as a significant cultural and economic force.

• Enhanced support could lead to further growth and innovation in the South Korean gaming sector.

 Video Game Industry Layoffs: Over 6,500 in the Last Year

Decoded: The gaming industry faces a challenging phase with significant layoffs, reflecting broader economic trends. Gamers are also becoming pickier about what games they buy and wanting better games since Baldur’s Gate 3 was released.

Key points:

• The industry has seen more than 6,500 layoffs in the past year.

• This trend may be a result of post-pandemic market corrections.

• The layoffs highlight the volatile nature of the gaming industry in current economic conditions.

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