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Investing

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OpenAI investors plot last-minute push with Microsoft to reinstate Sam Altman as CEO

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…

  • By Alex Konrad
  • Forbes Staff

‘This is insane’: OpenAI investors blindsided by Sam Altman’s firing

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.

  • By Alex Konrad
  • Forbes Staff

FTX gets $1.8 billion boost from soaring Solana and Bitcoin, easing path to full customer payouts

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.

  • By Nina Bambysheva
  • Forbes Staff

Apple gives in to Google: Messaging between an iPhone and Android just got easier

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

  • By Britney Nguyen

Commonwealth Bank of Australia sells off Indonesian unit for $142 million

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.

  • By Yessar Rosendar

Inside Pharrell Williams’ $1 billion plan for Black and Hispanic entrepreneurs

Inside Pharrell Williams’ $1 Billion Plan For Black Entrepreneurs

  • By Jabari Young
  • Forbes Staff

Microsoft launches custom AI chips, as competition heats up with Nvidia and Google

Tech behemoth Microsoft unveiled two new chips designed for artificial intelligence.

  • By Brian Bushard
  • Forbes Staff

Bondi Sands co-founder’s newest venture after $450 million exit

Iconic Australian self-tan brand Bondi Sands sold to Japanese chemical and cosmetics giant Kao Corporation in August this year, in a deal worth $450 million. Now, co-founder Blair James is on to his next venture, with serial entrepreneur Hamish Buckley. They say they’re staring down a $230 billion opportunity.

  • By Anastasia Santoreneos
  • Forbes Staff

A day inside a VC office taught me more about business than a lifetime in the boardroom

I flew from New York to Miami recently, invited to spend a day inside a VC office. This brief trip with Fuel Venture Capital was a masterclass in the relentless spirit that drives the top businesses to succeed.

  • By Fred Schebesta - Contributor

Companies with flexible remote work policies outperform on revenue growth: Report

According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.

  • By Jena McGregor
  • Forbes Staff
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