TikTok, Facing a U.S. Ban, Tells Advertisers: We’re Here and Confident

TikTok, Facing a U.S. Ban, Tells Advertisers: We’re Here and Confident

“TikTok is here — we are here,” Khartoon Weiss, the company’s vice president of global business solutions, told a packed warehouse of advertisers on Tuesday in Manhattan. “We are absolutely confident in our platform and confident in the future of this platform,” she declared. That statement was the closest TikTok advertising executives got to addressing…

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OpenAI Backtracks on Plans to Drop Nonprofit Control

OpenAI Backtracks on Plans to Drop Nonprofit Control

OpenAI said on Monday that it was restructuring as a public benefit corporation, allowing the nonprofit that controls OpenAI to retain its grip on the company. The nonprofit will be OpenAI’s largest shareholder. Sam Altman, OpenAI chief executive, created the artificial intelligence organization with several other Silicon Valley figures, including Elon Musk, as a nonprofit…

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