No ‘GPT’ trademark for OpenAI

The U.S. Patent and Trademark Office has denied OpenAI’s attempt to trademark “GPT,” ruling that the term is “merely descriptive” and therefore unable to be registered. It’s a blow to OpenAI’s branding, but don’t expect its competitors to start releasing their own version of the ubiquitous chatbot. ChatGPT is certainly [...]

2024-02-15T21:05:25-06:00February 15th, 2024|Categories: New Technologies|Tags: |0 Comments

Lawmakers revise Kids Online Safety Act to address LGBTQ advocates’ concerns

The Kids Online Safety Act (KOSA) is getting closer to becoming a law, which would make social platforms significantly more responsible for protecting children who use their products. With 62 Senators backing the bill, KOSA seems poised to clear the Senate and progress to the House. KOSA creates a duty [...]

2024-02-15T20:24:23-06:00February 15th, 2024|Categories: New Technologies|Tags: |0 Comments

Jumia reduces losses by over 90% amid focus on restoring order and GMV growth

In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100 million to $120 million in Q1; $90 million to $100 million in Q2; and $80 million to $90 million in Q3, aiming for a 57% to 61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed [...]

2024-02-15T18:37:14-06:00February 15th, 2024|Categories: New Technologies|Tags: |0 Comments
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