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What Sam Altman’s surprise sacking means for the AI race
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ChatGPT owner OpenAI sacks CEO, chairman quits
ChatGPT owner OpenAI has sacked its CEO and co-founder in a move that caused a fellow founder and company chairman to quit.
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Sam Altman Is Out at OpenAI After Board Skirmish
CEO ousted amid safety concerns tied to rapid expansion of commercial offerings
By Editors Desk -
How Black Friday got so bloated
Black Friday once was a single-day shopping extravaganza. Then came Cyber Monday, then Cyber Week… now, Black Friday events even pop up in the summer.
By Editors Desk
Latest Business
IBM pulls ads from X as Musk amplifies antisemitism
Billionaire’s latest controversial tweets come amid reports of major brands’ ads appearing next to pro-Nazi content
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Elon Musk agrees with antisemitic X post that claims Jews ‘push hatred’ against White people
X did not respond to requests for comment.
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Can Disney’s ESPN become the US’s biggest sports betting company?
Broadcaster teams up with casino group Penn to launch an app designed to crack duopoly of DraftKings and FanDuel
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Sam Bankman-Fried Has Fallen. Long Live Crypto?
Despite ongoing legal scrutiny, the performance of the asset class this year has defied and dismayed skeptics.
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The fall of WeWork shows the deepening cracks in real estate
Property empires are crumbling on both sides of the Atlantic
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What happened to Airbnb?
Financially, the sharing economy darling is thriving, but guests, hosts, and cities have had enough.
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Black Friday deals 2023: What to expect and early offers
Yes, Black Friday deals are available online.
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Italy to seize $835m from Airbnb in tax evasion inquiry
An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax evasion.
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X’s Elon Musk Hired a CEO With TV Roots. She’s Showing Them.
Linda Yaccarino is drumming up video deals with NFL, NBA and others as “training wheels” for nervous brands.
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Today, Shapewear. Tomorrow, the World.
Kim Kardashian’s Skims is hooking up with Swarovski to bedazzle the body.
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Sam Bankman-Fried found guilty of fraud
A New York federal jury found the FTX founder guilty of stealing billions of dollars from the crypto exchange’s customers, in what prosecutors called one of the biggest financial frauds in U.S. history.
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How Does the World’s Largest Hedge Fund Really Make Its Money?
The investing tactics of the Bridgewater Associates founder have been kept secret. Years ago, some of Wall Street’s biggest names set out to discover his edge
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WeWork Plans to File for Bankruptcy
The move, which could come as soon as next week, would mark a stunning reversal for the flexible-office-space venture that was once valued at $47 billion.
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Meghan Markle reportedly on cusp of signing ‘multimillion-dollar deal’ with US company
Reports are swirling Meghan Markle is on the cusp of signing a lucrative contract with one of the biggest companies in the US.
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Kanye and Adidas: Money, Misconduct and the Price of Appeasement
Before Adidas broke with Kanye West last fall over antisemitic public remarks, it had tolerated years of his abusive conduct behind the scenes.
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What Happened Inside Morgan Stanley After Ted Pick Was Named CEO
- Next CEO has ‘tremendous following’ in firm, James Gorman says
- Pick plans to maintain firm’s direction, he says in interview
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