OpenAI Employees Can Sell $1.5 Billion in Stock to SoftBank
The Japanese bank is keen to increase its stake in the AI market leader, which is also backed by Microsoft.
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Yes, stocks are pricey and too popular — but overbought does not mean ‘sell’
December typically delivers seasonal gains from the ‘Santa Claus Rally’ and the ‘January Effect.’MarketWatch - 35m -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - 2d -
Amazon Employees Doubt Leaders’ Carbon Reduction Commitments
An internal survey by the Amazon Employees for Climate Justice group challenged the company’s reporting and progress in reducing its carbon footprint.Inc. - 3d -
Lawsuit Claims Apple Spies on Employees’ Personal Devices
A digital advertising specialist says the tech giant forces people to install software that lets the company track their personal information, while also preventing them from discussing their ...Inc. - 2d -
What to Do When Your Employee Is Grieving
It’s National Grief Awareness Week. Here’s how business leaders can better lead their teams through times of loss.Inc. - 2d -
Most employees on lookout for or seeking new position: Survey
Most employees are on the lookout for or actively seeking a new position as an increasing number of workers feel detached from their jobs, according to a new survey. The Gallup poll, released ...The Hill - 2d -
OpenAI, Anthropic Expand in Europe With Zurich Offices
OpenAI said it would set up a new office in Zurich, Switzerland, as part of efforts from the ChatGPT maker to bolster its presence in Europe as the continent emerges as a key battleground for ...The Wall Street Journal - 1d -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - 1d -
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.The New York Times - 3d -
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - 2d
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