Sources, public records, and documents detail TuSimple's downfall, after it transferred autonomous driving IP to Chinese partners despite a 2022 CFIUS agreement
American officials thought they'd secured a deal with TuSimple to protect autonomous-driving technology. It didn't work. X: @business . LinkedIn: David Atkinson and Shawn Donnan . Bluesky: @metacurit...
OpenAI says that while discussing a for-profit structure, Elon Musk “wanted us to merge with Tesla” or “majority equity, initial board control, and to be CEO”
In a blog post published on Tuesday, OpenAI said it will move to dismiss “all of Elon's claims” …
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as chair, alongside Larry Summers and Adam D'Angelo
4 key takeaways Jason Dorrier / Singularity Hub : OpenAI Mayhem: What We Know Now, Don't Know Yet, and What Could Be Next New York Times : Explaining OpenAI's Board Shake-Up CNBC : Sam Altman's back. ...
Lyft co-founders Logan Green and John Zimmer plan to step down as CEO on April 17 and president on June 30; ex-Amazon executive David Risher is set to be CEO
- Lyft's cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, respectively.
Beanstalk, a credit-focused stablecoin protocol using Ethereum, was exploited for ~$182M in various crypto assets by someone who had amassed governance tokens
In what can only be sort of described as an attack, a “hacker” … Bill Toulas / BleepingComputer : Beanstalk DeFi platform loses $182 million in flash-load attack Scott D. Clary / Scott D. Clary's News...
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
an ex-Facebook exec — hints at post-IPO ambitions Michelle Cheng / Quartz : Instacart will go public under a new CEO hired from Facebook Tweets: Deirdre Bosa / @dee_bosa : 🚨BREAKING: instacart taps Fi...
Justin Zhu, former Iterable CEO ousted for taking LSD before a meeting, on his disputes with key investors and the challenges of being Chinese in Silicon Valley
Justin Zhu, chief executive officer of digital marketing startup Iterable Inc., was walking down Broadway in San Francisco … Tweets: @ellenhuet , @chris_skinner , @jfberke , @markmilian , @kateclarktw...
Sources: Instagram co-founder Kevin Systrom has had preliminary talks about becoming TikTok's new CEO
a potentially epic “chip on the shoulder” chapter for his future book... https://www.nytimes.com/... https://twitter.com/... Ana Milicevic / @aexm : Ah, yes. They are required to hire a(nother) man na...
Twitter says Silver Lake will invest $1B as it enters into an agreement with Elliott Management to avoid ousting Dorsey and launches a $2B share buyback program
If an emerging growth company, indicate by check mark … Oana Ularu / BitcoinExchangeGuide : Jack Dorsey Keeps Title As Twitter's CEO After $2 Billion Deal With Elliott Management Kevin Raposo / KnowTe...
Sources: ex-Twitter COO Anthony Noto always aimed to be CEO, quitting to become SoFi CEO after it became clear that Dorsey was there to stay
Selina Wang / Bloomberg :