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MSFT

With OpenAI in chaos, the tech recruiting feeding frenzy is on

A few tumultuous days at OpenAI, the face of the booming AI industry, has kicked off intense interest among tech recruiters to snap up valuable talent...

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TSLA

Elon Musk says X will send money to hospitals in Israel and to the Red Cross in Gaza

X Corp will give hospitals in Israel and the Red Cross and Red Crescent in Gaza funds, social media platform owner Elon Musk said Tuesday afternoon...

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MSFT

Few ways to force OpenAI governance changes

Few people can force OpenAI to change governance at the crisis-stricken artificial-intelligence company, and the head of Microsoft, a major financial backer, is not one of them, according to legal experts. The nonprofit board overseeing the maker of the popular ChatGPT chatbot sent shock waves through Silicon Valley on Friday by abruptly firing Chief Executive Sam Altman. Nearly all of the company's 700 employees signed a letter threatening to resign if the board does not step down, and Microsoft CEO Satya Nadella has called for governance changes...

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AAPL AMZN GOOGL MSFT

How To Hedge Your Big Tech Gains With PSQ

Invest in ProShares Short QQQ ETF for a hedge against Big Tech losses, with a strong dividend yield and daily rebalancing to limit net losses. Read more here...

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AMZN

Black Friday busy as ever, says Amazon fulfilment centre boss

David Tindal, general manager of the retail giant’s Swindon fulfilment centre, said he was ‘not seeing any sign of a decline’ in Black Friday...

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MSFT

Microsoft Is Discussing Governance Changes It Wants From OpenAI

(Bloomberg) -- Microsoft Corp. is discussing a list of governance changes it plans to request from OpenAI’s board in order to improve the board itself and prevent the software giant, the artificial intelligence startup’s biggest investor, from being caught flat-footed by major strategic moves.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations f...

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MSFT

2 Top-Ranked Tech Stocks to Buy for Passive Income

On top of tech exposure paired with a passive income stream, both sport a favorable Zacks Rank, reflecting optimism among analysts. Should investors tap into recent momentum?...

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MSFT

C3.ai Stock Topped the Market Today — Is It About to Rally?

Hardly for the first time in recent months, artificial intelligence (AI) stocks were the talk of many in the investing world on Tuesday. The stock closed nearly 2% higher as a result, but investors should remain cautious. As the weekend loomed, its CEO Sam Altman was pushed out by the board of directors, which cited rather vague reasoning that he was not "consistently candid in his communications with the board, hindering its ability to exercise its responsibilities."...

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GOOGL MSFT

Google, Likely The Main Beneficiary Of OpenAI Tumult

OpenAI CEO's firing and Microsoft's stake in the company may impact product efficiency, while Google's chatbot competitor stands to gain market share. See more here...

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AAPL

Labor Group Plans Board Fight at Starbucks

A labor group is seeking representation on the Starbucks board, ratcheting up pressure in a battle between the coffee giant and its workers over pay and working conditions. The Strategic Organizing Center—a coalition of labor unions including the Service Employees International Union that owns a small Starbucks stake—is seeking to address what it views as a failure by the board to oversee the company’s treatment of its workers. The group has nominated three director candidates, according to people familiar with the matter, kicking off what is sure to be one of the most closely watched proxy battles in 2024...

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