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Good morning from the Financial Times.
Today is Tuesday, May 19th, and this is your FT News Briefing.
The legal spat between the world's richest man and open AI is over for now,
and bonds all over the world aren't doing so hot.
Plus, we'll hear from someone living in a Lebanese village occupied by Israel.
And it's been an incredibly painful experience.
He sort of described the fear of constant bombardment, the fear of being overrun by Israeli military forces.
I'm Mark Filippino, and here's the news you need to start your day.
California court dismissed Elon Musk's case against OpenAI yesterday.
The jury determined that his suit fell outside the statute of limitations.
Musk, OpenAI chief executive Sam Altman, and president Greg Brockman all co-founded the company as a nonprofit.
Musk says the other two breached their contract with him by turning it into a for-profit entity.
Musk donated $38 million to the group before leaving after a power struggle
in 2018. The decision is a huge win for OpenAI.
The legal case loomed over its plans to go public in the coming year.
The financial hit could have been massive.