Sam Altman is weighing a potential return to OpenAI just a day after being ousted as CEO, according to mediareports that investors are hoping to get the company to bring him back. The Verge earlier reported that he is directly in talks with the company's board.
Why it matters: The efforts suggest investors hope to get the board to reconsider its decision, which some members may regret, especially after co-founder and then-president Greg Brockman resigned, along with three senior researchers.
Why it matters: Greyhound has long been the brand most closely associated with intercity bus travel in the United States. Its stations, often architecturally and culturally significant, occupy prime downtown real estate that is considered ripe for commercial and residential development.
SAN FRANCISCO — Onthe first day of the Asia-Pacific Economic Cooperation (APEC) CEO Summit this week, two dozen global business leaders and heads of state urged unity and collaboration from the stage.
Why it matters: In anyother year, the message might have bordered on platitudinal. But it was delivered to an audience distracted by phones, laptops, calls, meetings, coffee and selfies.
UAW-represented workers at Ford and Stellantis have ratified their respective settlements with the Detroit Three automakers.
Why it matters: The deals, which ended a historic six-week strike, include a 25% pay increase over the 4.5 years of the contract, wage hikes for temporary workers, the elimination of a two-tiered wage system and the right to strike over plant closures.
The year's top venture capital story has been The Next Great Platform Shift, as every tech startup is either incorporating, or trying not to get run over by, artificial intelligence.
But, but, but There's also been a second sea change building in 2023: The rise of GLP-1 weight loss drugs, like Ozempic and Wegovy, which could revolutionize a health care sector that receives around one-quarter of all VC dollars.
The groundbreaking AI provisions in the Hollywood actors' union contract are a sign of the big changes coming across all kinds of jobs, thanks to the fast rise of AI technologies.
Why it matters: The AI issue is urgent in the entertainment industry, which has created digital replicas of actors. But with the tech moving so fast, all of us will likely face disruptions soon enough, economists said at a Brookings panel this week.
IBM announced Thursday that it's halting its advertising from Elon Musk's X following a report that its ads appeared next to pro-Nazi posts.
The big picture: The move comes as Musk faced backlash for endorsing an antisemitic post and as 164 Jewish rabbis and activists upped their call to Apple, Google, Amazon and Disney to stop advertising on X, and for Apple and Google to remove it from their platforms following his action.
A Utah man who claimed he was acting as a citizen journalist when he joined Jan. 6 rioters and filmed scenes inside the U.S. Capitol, including the fatal shooting of Ashli Babbitt, was convicted Thursday.
The big picture: John Earle Sullivan, who prosecutors said earned more than $90,000 from selling his video footage of the Capitol breach, was convicted of all charges, including felony obstruction of an official proceeding and civil disorder, per a Justice Department statement Thursday.
