Topic: board governance

  • Elon Musk vs. OpenAI: The Lawsuit's Key Revelations

    Elon Musk vs. OpenAI: The Lawsuit's Key Revelations

    The OpenAI board defined a disqualifying conflict of interest as a director being deeply involved with a company training its own advanced, competing large language models, a threshold Quora's Poe platform did not meet. Despite this, Sam Altman unexpectedly pushed for board member Adam D'Angelo's...

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  • How DORA Reshapes Global Business: The EU's New Reality

    How DORA Reshapes Global Business: The EU's New Reality

    DORA establishes the first comprehensive EU-wide framework for ICT risk management, imposing rigorous standards on financial institutions and their technology partners with global implications. It mandates robust risk management protocols, incident reporting, resilience testing, and third-party o...

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  • Trump Inks $14B TikTok Deal in Executive Order

    Trump Inks $14B TikTok Deal in Executive Order

    President Trump endorsed a deal allowing TikTok to continue U.S. operations by creating a new, U.S.-controlled joint venture, temporarily suspending a ban for 120 days to finalize the transaction. The agreement ensures TikTok's U.S. operations are majority-owned and controlled by American entitie...

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  • Revolut hits $115bn value; founder’s deal targets $500bn

    Revolut hits $115bn value; founder’s deal targets $500bn

    Nik Storonsky is negotiating a new share award at Revolut that would expand his stake if the company reaches a $500 billion valuation, a target over four times its current $115 billion valuation. The proposed performance-based structure, modeled on Elon Musk's Tesla package, would be unprecedente...

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  • Ancient Wisdom for Modern AI: Lessons from Aristotle and Socrates

    Ancient Wisdom for Modern AI: Lessons from Aristotle and Socrates

    The article warns that over-reliance on generative AI for content creation risks diminishing human cognitive engagement and deep thought, advocating instead for AI systems that act as challenging, Socratic partners to foster genuine learning. It argues that the era of uniform global business stra...

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  • Activist investor: Prove Lionsgate isn't an AI casualty, or sell

    Activist investor: Prove Lionsgate isn't an AI casualty, or sell

    Anson Funds has demanded Lionsgate either prove it can thrive in the age of generative AI or put itself up for sale, arguing the market is unfairly discounting its film library due to AI disruption fears. The activist investor challenges Lionsgate to articulate a clear AI strategy that leverages ...

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