Strengthening Board Control -
OpenAI is exploring governance changes that would grant its nonprofit board enhanced voting rights to prevent a hostile takeover by Elon Musk. This move follows Musk’s $97.4 billion bid, which...more
2/28/2025
/ Acquisitions ,
Artificial Intelligence ,
Board of Directors ,
Competition ,
Corporate Governance ,
Corporate Restructuring ,
Hostile Takeover ,
Investors ,
Mergers ,
Nonprofits ,
Shareholders ,
Technology Sector
Elon Musk’s Ventures and Controversies -
Elon Musk is well known for his many ventures as well as his disdain for convention. While serving as the CEO of Tesla, Inc., Musk acquired Twitter (now X Corp.) and founded a private...more
The Securities and Exchange Commission (SEC) has sent clear signals that it will pursue companies for “AI washing” — touting the use of artificial intelligence in ways that are false or misleading. The SEC has imposed fines...more
5/9/2024
/ Artificial Intelligence ,
DNA ,
Enforcement ,
Environmental Social & Governance (ESG) ,
False Statements ,
Investment ,
Investment Advisers Act of 1940 ,
Misleading Statements ,
Policies and Procedures ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Websites