June 15, 2024

Good morning, Bay Area. In state news, California’s Employment Development Department has selected a new contractor — Money Network — to replace Bank of America to dispense unemployment and other public benefits. The change is effective Feb. 15. Turning to tech, Reid Hoffman, who served as an OpenAI director until March and still sits on Microsoft’s board, said he’s spoken to Sam Altman but not to board members since their brief ouster of the CEO last month, concluding that it’s still not…

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