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OpenAI staff tells board to resign after Sam Altman ousting: Report
20.11.2023
505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
14.2.2023
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital...
Twitter board recommends shareholders vote for Elon Musk’s takeover
22.6.2022
The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24
Activision's Damage Control Reaches Sad New Low
23.11.2021
Faced with internal unrest, plummeting share prices and a growing public relations disaster, the men and women at the very top of Activision Blizzard—the senior executives and board of directors—should all be resigning. Instead, they’ve put out a desperate press release in the middle of the night...
Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC
12.4.2021
Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as...
Bitcoin Suisse Completes a $48 Million Series A Financing Round
25.7.2020
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...