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BBCNEWS Asia July 2, 2024



it s a guest pass for the offices of openai . he was fired on friday. he s been invited back by the interim ceo, mira moratti, according to reuters. that s with a view to him possibly rejoining the company. when he was fired, the company released a statement. they said this. mr altman s departure follows a deliberative review process by the board, which concluded he was not consistently candid in his communications, hindering, they said, its ability to exercise its responsibilities. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft reportedly owns 49% of the company. they re among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may mean to bleeding of other, wider talent. the challenge, though, is whether they can ....

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BBCNEWS BBC July 2, 2024



said they want the opportunity to do. but that humanitarian pause, to allow for extra time to get into, for aid to get into gaza is in line with what the us are calling for as well. i think it s achievable. not only is it achievable but i think it is essential so that we can alleviate that suffering, get more aid in and make sure that we don t see children as the innocent victims of this conflict. live now to westminster and our political correspondent damian grammaticas. just talk to us about imran hussain s position in the comments he has been making. 50. hussain s position in the comments he has been making. he has been making. so, what was interesting he has been making. so, what was interesting is he has been making. so, what was interesting is this he has been making. so, what was interesting is this came he has been making. so, what was interesting is this came out - he has been making. so, what was interesting is this came out late i interesting is this ....

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BBCNEWS Asia July 2, 2024



the title of his speech was unpacking the new order. i think what he was basically talking about was the united states leading western efforts to try to impose technology sales to china to make china less capable with things like chip making and green technologies and i have to say that many people in that room, business delegates, would probably agree with him. the old order, if you want to call it that, the idea of countries making stuff that is the quickest and efficient countries, making it and then selling it so people who need it, i think that worked for many businesses. the problem is that western governments were not that happy about that because if you have a dominant partner, that does pose a threat to you if you are a western country and that is why you see chip technology restrictions in the us and the retaliation, the rare earths potential ban or at least restriction of what china has to the rest of the world. this is fundamentally what the tension is at th ....

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BBCNEWS Verified July 2, 2024



of england andrew bailey dismissed any hopes of an interest rate cut in the near term. speaking at a conference hosted by the central bank of ireland in dublin earlier today, bailey said that it s too early to talk about a rate cut, given the continued risk of inflation. also today the international monetary fund warned that rapid wage growth in the eurozone will also keep inflation higher for longer. the imf urged the european central bank to hold interest rates at or near record highs through next year to keep a lid on price pressures. here s one economist we spoke to earlier. i think the imf is very much in tune with what the european central bank has been saying, which is that although the headline inflation rate has come down a lot, the labour market is still strong, wage growth has been quite strong. and it s going to be a very difficult and slow process to squeeze out that last bit of inflation from the system. so, i mean, we re thinking interest rates are like ....

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