Investing

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.

Inside Pharrell Williams’ $1 Billion Plan For Black Entrepreneurs

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

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.

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.

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

Pfizer shares tumbled again Monday, continuing the pharmaceutical giant’s struggles tied to declining demand for its Covid-19 products and essentially wiping out the entirety of the firm’s peak pandemic gains.