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MyFitnessPal has successfully acquired Cal AI, a promising calorie counting application that has captured the attention of millions. This startup, created by two teenagers, has surpassed 15 million downloads and generates over $30 million in annual revenue in less than two years.

The Cal AI team, consisting of seven employees, including its CEO and co-founder Zach Yadegari, has been retained by MyFitnessPal. The app will continue to operate independently, maintaining its focus on user-friendliness: estimating calories from photographs of food. Since the deal was finalized in December, the app has already integrated MyFitnessPal's vast nutritional database, which includes 20 million foods and 68,500 brands.

Although the terms of the deal have not been disclosed, it is known that the Cal AI team was satisfied with the offer, suggesting it was a good outcome for the young co-founders.

MyFitnessPal has been watching Cal AI since it began rising in the app store rankings. Its CEO, Mike Fisher, highlighted the dedication of the young team, which holds weekly meetings even with their school commitments.

Fisher also mentioned that they have no immediate plans to integrate Cal AI into their main product, as they believe both apps serve different markets: Cal AI focuses on speed, while MyFitnessPal prioritizes accuracy.

OpenAI has taken drastic measures by firing an employee following an investigation into their activity on prediction market platforms, such as Polymarket. OpenAI's Applications CEO, Fidji Simo, communicated the decision in an internal message, stating that the employee used confidential company information to conduct trades in these markets.

OpenAI spokesperson Kayla Wood stated that "our policies prohibit employees from using OpenAI's confidential information for personal gain, including in prediction markets." Although the identity of the employee and the details of their trades have not been disclosed, the situation has highlighted a broader issue in the industry.

An analysis by the financial data platform Unusual Whales revealed suspicious patterns in activities related to OpenAI, marking 77 positions in 60 wallet addresses as potential insider trading operations. These trades focused on key events, such as product launches and the employment status of CEO Sam Altman.

The growing popularity of prediction markets has raised concerns about insider trading. These markets allow users to buy "event contracts" on future outcomes, ranging from sports to political events, leading to speculation about employees at large companies benefiting from their insider knowledge.

While Kalshi has reported suspicious cases to the Commodity Futures Trading Commission, Polymarket has kept a low profile on this issue. The lack of transparency regarding how large companies are monitoring their employees in relation to trading in prediction markets raises questions about ethics and regulation in this area.

The recent publication of a report titled "The Global Intelligence Crisis 2028" has triggered a significant drop in stock markets, with the Dow Jones falling 800 points. This document, co-written by financial analyst Alap Shah, outlines a grim scenario where artificial intelligence (AI) could push unemployment above 10% by June 2028.

Although the report's content is not particularly novel, as many experts have warned about the potential job losses due to AI, its impact was immediate and drastic. The anxiety on Wall Street about the future of AI is palpable, and any mention of a possible negative impact seems enough to trigger a chain reaction in the markets.

Critics of the report have pointed out that AI has yet to show a significant impact on the economy, and they have recalled the historical resilience of markets after technological changes. However, fear persists, especially as small businesses pivot towards AI and generate disproportionate reactions in the stocks of large corporations.

Despite the warnings, Shah is preparing to launch a sequel to the report with proposals to mitigate the crisis. However, he himself acknowledges that the market seems to react more to bad news than to good news.