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Tech
Sam Altman’s OpenAI pursuing switch to for-profit structure to avoid ‘hostile takeovers’: report
OpenAI is reportedly “pursuing” plans to abandon its nonprofit roots and restructure as a for-profit entity – a move that…
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Business
Southwest shares tumble after airline overhauls board but keeps CEO
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert…
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Business
Shari Redstone receives fewest votes in Paramount board election
Paramount Global controlling shareholder Shari Redstone received the fewest votes among other directors in the company’s board election, a filing on Friday…
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Business
Boeing shareholders vote to keep departing CEO on planemaker’s board
May 17 (Reuters) – Boeing’s (BA.N), opens new tab departing CEO Dave Calhoun was re-elected to stay on the troubled…
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Business
Advance Auto Parts to add 3 new directors after Dan Loeb’s firm takes stake
Advance Auto Parts is appointing three new board members after hedge funds Third Point LLC and Saddle Point Management took positions in…
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Tech
Sam Altman to return to OpenAI’s board with new directors: report
OpenAI revealed Friday that CEO Sam Altman will rejoin its board of directors – and said it has “full confidence”…
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Tech
Nvidia board members sell stock worth nearly $300M
Nvidia’s board members collectively cashed in on nearly $300 million worth of holdings in the $2 trillion artificial intelligence giant…
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Tech
Tesla shareholders to vote ‘immediately’ on moving to Texas
Elon Musk said Tesla shareholders will hold a vote “immediately” on whether to change its state of incorporation to Texas…
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Tech
Al Gore exiting Apple’s board of directors after hitting age limit
Former vice president Al Gore is retiring from Apple’s board of directors after more than two decades as part of…
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Tech
Ex-OpenAI board member Helen Toner reveals Sam Altman drama
An ousted OpenAI board member broke her silence to claim a company attorney used an “intimidation tactic” as part of…
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