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Bits and Bytes: Sam Altman is latest tech executive to join local government

Economic Times · 20d

San Francisco mayor-elect Daniel Lurie has appointed OpenAI CEO Sam Altman as one of seven co-chairs of his transition team. WhatsApp co-founder Jan Koum has also shown support for Lurie, while Bilal Mahmood and Danny Sauter, both former entrepreneurs, were elected to the city's board of supervisors. In January, Lurie will tackle San Francisco's public safety crisis, which has prompted many tech leaders to relocate. Meanwhile, Meta Platforms lost a German court ruling over the 2021 data leak, potentially exposing the company to compensation claims. Social media giants could face fines of up to $50 million if they fail to enforce Australia's new social media ban on children under 16. Additionally, the US Department of Justice is proposing the sale of Alphabet's Chrome browser for as much as $20 billion in a crackdown on monopolistic behavior.