Top Tech News Today: Elon Musk Wants to Settle a Lawsuit Over the Delayed Disclosure of His Twitter Stake! Bitcoin Beating US Government Bonds Signals a Market Vibration

Twitter CEO Elon Musk seeks to end the case involving delayed Twitter stake disclosure! Read more tech news

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: OpenAI Introduces a New Tool for Flagging Content Created by OpenAI Products and Other AI Authoring Software.

Fast-Track Insights: After the Budblockz Presale Ignites with a 235 Percent Increase, Crypto Investors Abandon Their $XRP Tokens in Favour of $BLUNT.

Elon Musk has asked a federal judge in the United States to dismiss a lawsuit alleging that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices as a result of being kept in the dark. Investors accused Musk, who paid $44 billion for Twitter in October, of missing a U.S. Securities and Exchange Commission deadline to disclose his ownership of 5% of the company the previous March in a federal court case in Manhattan. According to the shareholders, Musk saved more than $200 million by increasing his holdings – while quietly meeting with Twitter executives about his plans for the social media company – before finally revealing a 9.2 percent stake, defrauding stock sellers and options traders.

OpenAI, which created the popular ChatGPT chatbot last year, has unveiled a tool to help determine whether the text was created by an artificial intelligence programme and passed off as human. The tool will highlight content created with OpenAI products as well as other AI authoring software. However, "it still has a number of limitations," according to the company, "so it should be used as a supplement to other methods of determining the source of text rather than being the primary decision-making tool." According to the company, the tool, known as a classifier, will be available as a web app, along with some teacher resources.

Big payday for PhonePe founders; key takeaways for tech and startups from the Eco Survey 2023. All eyes will be on Finance Minister Nirmala Sitharaman, who will present the Union Budget 2023-24 in Parliament in a few hours. A slew of stories on what the Economic Survey 2023 suggested for startups and the tech sector, as well as another big scoop on the PhonePe-Flipkart split an ongoing fundraiser. According to sources familiar with the situation, PhonePe founders Sameer Nigam and Rahul Chari are expected to receive at least $20-25 million in cash pay-outs after liquidating all of their stock options in the Flipkart group, PhonePe's former parent company.

Want to know what has changed in the markets so far in 2023? You only need to consider how Bitcoin has performed in comparison to bonds. A general return to risk-taking and the belief that the Federal Reserve will hold off on raising interest rates have both contributed to the cryptocurrency's nearly 40% year-to-date increase. Of course, those same factors have caused bonds to rise, but not by enough to make up for the record losses suffered last year. Only a small portion of last year's losses have been made up in the bond market, as measured by a variety of exchange-traded funds that contain US government debt that is more sensitive to interest rate changes.

A recent article claims that the cryptocurrency investment landscape has multiplied tenfold since the bullish runs of Bitcoin and Ethereum. The price declines of 2022 have, however, caused many investors to reconsider their positions in well-established cryptocurrencies. In addition, many investors are taking an early position in promising projects in anticipation of a bull run as the sector endures the harsh crypto winter. Use cases are now being considered by more investors as a key argument in favor of a specific cryptocurrency. BudBlockz is among the biggest beneficiaries of the updated investment criteria. Many conventional investors have taken positions in the promising project as a result of the exceptional 235 percent presale surge, which has reverberated throughout the cryptocurrency space.