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Terraform Labs, the company that wiped out $40 billion from the crypto market with the collapse of its TerraUSD and Luna stablecoins, has finally filed for Chapter 11 bankruptcy protection on Sunday. Bloomberg reports that the crypto firm's estimated assets and liabilities are both in the range of $100 million to $500 million, with the estimated number of creditors being…

OpenAI has suspended the developer behind Dean.Bot, a ChatGPT-powered bot designed to impersonate Democratic presidential candidate Dean Phillips to help bolster his campaign, according to The Washington Post. The chatbot was created by AI startup Delphi for the super PAC We Deserve Better, which supports Phillips. Dean.Bot didn’t all-out pretend to be Phillips himself; before engaging with Dean.Bot, website visitors…

The tech industry has been reeling from the combination of a rough economy, the COVID-19 pandemic and some obvious business missteps. And while that led to job cuts in 2022, the headcount reductions unfortunately ramped up in 2023 and so far, seem to be accelerating in 2024. It can be tough to keep track of these moves, so we’ve compiled…