#3 - Goldman loses billions, Media fascinated with Twitter, T-mobile hacked, TikTok tries to save itself, OpenAI scandal, Crypto grifters grifting

The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley

An entertaining recap of the week's top stories in Tech/Business.

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Apple burned cash again; this time Goldman Sachs paid a total of $1.2 B for Apple Card
• Why is Elon Musk’s Twitter all over the news? Is he the new Trump?
• The controversy around OpenAI: Did they hire global labor for under $2/hr?
• How does AI gets trained to moderate content outputs?
• T-Mobile Hacked: 37 million customer data points stolen.
• Peter Thiel’s fund wound down an 8-year bitcoin bet before the market crash
• TikTok Tries to save itself
• Crypto enforcement shows up... right as the bagholders left holding the bag.

Links

1. Apple Card lost $1.2B, GS paid for it.
   https://www.bloomberg.com/news/articles/2023-01-13/goldman-lost-1-2-billion-in-just-nine-months-in-newest-division#xj4y7vzkg
   
2. Musk’s Twitter Intentionally Suspended Tweetbot
   https://www.businessinsider.com/elon-musk-twitter-deliberately-suspend-tweetbot-third-apps-users-report-2023-1
   
3. OpenAI Used Kenyan Workers on Less Than $2 Per Hour to Make ChatGPT Less Toxic
   https://time.com/6247678/openai-chatgpt-kenya-workers/
   
4. T-Mobile Hacked: 37 million customer data points stolen.
   https://www.wsj.com/articles/t-mobile-says-hackers-stole-data-on-about-37-million-customers-11674166048?mod=djemalertNEWS
   
5. Peter Thiel’s fund wound down an 8-year bitcoin bet before the market crashed
   https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3d75
   
6. TikTok Tries to save itself
   https://www.wsj.com/articles/tiktok-tries-to-win-allies-in-the-u-s-with-more-transparency-11673836560?mod=djemalertNEWS