Investing

The U.S. Department of Justice plans to settle charges with Binance after years of investigating the crypto exchange.

In a surprise decision Sunday night, OpenAI’s board of directors picked former Twitch boss Emmett Shear as the company’s interim CEO following the dramatic firing of Sam Altman on Friday.

Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.

Former Twitch CEO Emmett Shear has been tapped by the board instead, ending a weekend-long saga in which loyalists to Altman had pushed for a shock return.

The 34-year-old engineer and chief technology officer of OpenAI has been thrust into the role of CEO after previous boss Sam Altman was ousted from his role.

A day after OpenAI’s board of directors fired former CEO Sam Altman in a shock development, investors in the company are plotting how to restore him in what would amou…

Leading investors including Vinod Khosla and Reid Hoffman didn’t receive advanced notice that OpenAI’s board would push out its CEO and cofounder, sources told Forbes.

Bankman-Fried’s favored cryptocurrency has nearly doubled in recent weeks. Along with gains in bitcoin and other assets, the crippled exchange now seems to have sufficient funds to meet small-investor claims.

Apple said iPhone will support RCS messaging next year, possibly putting an end to the blue versus green bubble debate.

The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank.