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Tech Across the Globe

Verizon names new CEO: The largest US mobile carrier, conceding it is falling behind rivals, appointed former PayPal Chief Executive Officer Dan Schulman as CEO to replace Hans Vestberg, who had led the telecom since 2018. 

Apple faces probe: French regulators are investigating Apple’s collection of user voice recordings made through its Siri digital assistant.

ChatGPT adds tasks: OpenAI is making it easier for people using ChatGPT to connect with third-party apps, such as Spotify and Expedia, and ask the chatbot to carry out actions.

Revalued

Heidi, a startup that uses AI to automate administrative work for doctors, was valued at $465 million in a $65 million funding round led by billionaire Steve Cohen’s Point72 Private Investments. The Australian firm is trying to expand into Singapore and Hong Kong, as well as increasing its business in the US, Canada and the UK.

Must Read

A Japanese startup, Alt, went bust less than 10 months after its initial public offering, Min-Jeong Lee reports in today’s Tech In Depth. The implosion marked a rare, swift delisting in a market where authorities are typically more lenient, she writes.

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This Week in Power On

Apple is intensifying the spotlight on hardware chief John Ternus, who increasingly looks like a potential successor to CEO Tim Cook, Mark Gurman reports in this week’s Power On.

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