This follows a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source told Reuters.

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Technology Roundup

Technology Roundup

 

OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says 

 

Videogame publisher EA's $55 billion buyout turns spotlight on gaming IP diversification 

 

Dutch court orders Meta to change Facebook and Instagram timeline settings 

 

Ziplines, DJs and Trump: Singapore's crypto conference has attendees roaring 

 

ECB picks AI startup to prevent digital euro frauds 

 

Samsung, SK Hynix shares leap after OpenAI chip deal 

 

EU risk watchdog calls for urgent safeguards on stablecoins 

 

Shein enters bricks-and-mortar retail in France, sparking backlash 

 

Germany's DeepL is considering going public in US, Bloomberg reports 

 

Company valued at $415 million 

 

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