GM’s Cruise robo-taxi CEO resigns from company

GM’s Cruise robo-taxi CEO resigns from company

Kyle Vogt, chief technology officer, president & co-founder of Cruise, a Honda and General Motors self-driving car partnership, speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco, California, U.S. January 21, 2020. REUTERS/Stephen Lam/File Photo Acquire Licensing Rights Nov 19 – The CEO of General Motors’ robot-taxi unit Cruise, … Read more

Ousted OpenAI CEO Altman planning new AI venture, sources say

Ousted OpenAI CEO Altman planning new AI venture, sources say

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing Rights Nov 18 (Reuters) – Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to … Read more

Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

NEW YORK, Nov 2 (Reuters) – FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace. A 12-member jury in Manhattan federal court convicted Bankman-Fried on all … Read more

Morgan Stanley’s Ted Pick to take helm as CEO from James Gorman

Morgan Stanley’s Ted Pick to take helm as CEO from James Gorman

Oct 25 (Reuters) – Morgan Stanley’s (MS.N) Ted Pick won the race to succeed long-time CEO James Gorman and on Wednesday promised to stick to the blue chip Wall Street firm’s strategy as it navigates a deal-making slump and uncertain economic outlook. The investment bank said Gorman, who has held the top job since 2010 … Read more

Comment: How contracts and AI can help companies tackle climate change in their supply chains

Comment: How contracts and AI can help companies tackle climate change in their supply chains

August 23 – Governments globally continue to introduce new regulations in an effort to motivate companies to decarbonise their supply chains. In 2019 the UK became the first G7 economy to pass legislation in support of reaching net zero emissions by 2050, and in January of this year, the EU’s Corporate Sustainability Reporting Directives (CSRD) … Read more