Reid Hoffman

One business leader is speaking out against former President Donald Trump, as Trump has tried to rally support and donations from business executives. What Happened: While several members of the so-called "Paypal Mafia," like David Sacks, have shown support for Trump, LinkedIn co-founder Reid...

In an unexpected turn of events, former director of OpenAI, Reid Hoffman, has voiced his bafflement at the abrupt, albeit brief, ouster of CEO Sam Altman, three weeks after the incident. What Happened: Hoffman, who is also the co-founder of LinkedIn, expressed his puzzlement over the quick decision...

In March, Elon Musk gave a push to criticism surrounding OpenAI's AI-powered platform, ChatGPT, by signing an open letter that demanded a pause on training systems "more powerful" than GPT-4. However, the tech billionaire has now said that he just "wanted to be on...

LinkedIn co-founder Reid Hoffman has been a proponent for faster adoption of AI, and he has once again asked for "blitzscaling" it to speed up human evolution. His appeal runs counter to the "pause" on AI deployment proposed by Elon Musk, Apple Inc. (NASDAQ:AAPL) co-founder Steve Wozniak, and...

Elon Musk criticizes LinkedIn as 'cringe' and hints at a cooler alternative through everything app, X, amid rising global users and previous tensions with co-founder Reid Hoffman. Elon Musk publicly expressed his disdain for Microsoft Corporation’s (NASDAQ:MSFT) ...

Since OpenAI launched ChatGPT last year, Elon Musk has emerged as one of its vocal opponents, often accusing the AI-powered chatbot and the company behind it of not developing the technology responsibly.  However, a new report has put the tech billionaire at...

Reid Hoffman, who co-founded LinkedIn, has publicly criticized fellow Paypal Mafia member and Tesla CEO Elon Musk, in a recent exposé about Musk’s ties with the U.S. government, Business Insider reports. Hoffman expressed his concerns to The New Yorker, stating Musk “bought what Putin...

In a recent interview, Reid Hoffman, ex-COO of PayPal Inc (NASDAQ:PYPL), blasted Tesla and SpaceX CEO Elon Musk for his handling of a merger that led to the creation of PayPal. Musk’s internet banking firm, X.com, merged with Confinity, a security software company co-founded by Peter Thiel,...

LinkedIn co-founder Reid Hoffman, who sold his product to Microsoft Corporation (NASDAQ:MSFT) in 2016, delved into the multifaceted impact of artificial intelligence, highlighting its potential to both disrupt traditional job markets and provide avenues for worker...

Elon Musk has received massive flak for backing an “open letter” asking to pause AI trials “more powerful” than OpenAI’s chatGPT-4 — and he is once again being targeted by fellow “PayPal Mafia” Reid Hoffman.  What Happened...

As Twitter, Inc. (NYSE: TWTR) strives to use all the levers to enforce the $44 billion taking-private deal from Elon Musk, it has emerged that some of the billionaire’s friends weren’t in favor of the proposed purchase. What Happened: Musk’s friend and LinkedIn co-founder Reid...

Entrepreneur and investor Reid Hoffman took to Twitter Inc (NYSE: TWTR) to defend Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and call out former President Donald Trump. What Happened: Hoffman, who is the co-founder of LinkedIn, calls Elon Musk’s story “a classic immigrant story”...

Last week featured six announced SPAC deals and featured earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals, rumors and headline news all covered on Benzinga’s “SPACs Attack.” SPAC Deals: Connected vehicle data company Wejo...

One of the largest SPACs seeking a target could be nearing a $20 billion deal to bring one of the largest privately-held biotechnology companies public. The SPAC Rumor: Bloomberg reports Ginkgo Bioworks is in talks with Soaring Eagle Acquisition Corp (NASDAQ: SRNGU), a SPAC led by Harry Sloan and...

Urban air mobility company Joby Aviation is the latest company in the growing industry going public via a SPAC.  The SPAC Deal: Joby Aviation is going public with Reinvent Technology Partners (NYSE: RTP), a SPAC led by Reid Hoffman and Mark Pincus. The deal values the company at a post money...