2024 - Page 130 of 162 - Author feast

The Big Questions Raised by Elon Musk’s Lawsuit Against OpenAI

02

Mar

Business

The Big Questions Raised by Elon Musk’s Lawsuit Against OpenAI

The F.T.C. sued to block the biggest supermarket merger in U.S. history. The regulator moved to block Kroger’s $25 billion bid for Albertsons, warning that the deal would raise prices and damage union workers’ bargaining power. Insider trading from home The husband of a former BP merger and acquisitions manager who pleaded guilty this month to eavesdropping on her phone calls and then using what he had learned to illegally earn $1.76 million isn’t alone in exploiting remote work to obtain confidential information. There’s also, for example, the chief compliance officer (yes, the chief compliance officer!) who is accused of…

Fire in Bangladeshi Shopping Mall Kills at Least 43

01

Mar

By William Lee

New miscellaneous

Fire in Bangladeshi Shopping Mall Kills at Least 43

At least 43 people were killed and dozens were injured when a fire ripped through a shopping mall late Thursday night in Dhaka, the Bangladeshi capital, officials said.“So far, we know that 43 have died,” Dr. Samanta Lal Sen, the health minister, told reporters outside a hospital where some of the injured were being treated. “The condition of those who are wounded is not good,” he added.At least 75 people were injured, fire officials said. Some were being treated at the Dhaka Medical College Hospital, Mr. Sen said.The fire erupted at about 9:51 p.m. on the mall’s second floor, which…

One in Six Abortions Is Done With Pills Prescribed Online, Data Shows

01

Mar

By William Lee

Health

One in Six Abortions Is Done With Pills Prescribed Online, Data Shows

How It WorksPills are prescribed by virtual-only providers and by clinics that also offer in-person services. Patients fill out an online questionnaire or meet with a clinician via video or text chat. This method began nationwide in 2020, when the Food and Drug Administration began allowing abortion providers to mail pills without an in-clinic visit during the pandemic.Some of the prescriptions included in the new count were given to patients in states where abortion is banned, a new development made possible by shield laws. These laws protect clinicians in states where abortion is legal when they prescribe and mail pills…

The business of Sarah Nurse: She’s one of the faces of hockey, but her sights are set on more

01

Mar

By William Lee

Sports

The business of Sarah Nurse: She’s one of the faces of hockey, but her sights are set on more

TORONTO — Sarah Nurse was driving home from a recent PWHL Toronto practice when she got a bit of sage advice.It wasn’t from a podcast or a friend on the phone. The advice came courtesy of a billboard on the side of the road in Canada’s most populous city, featuring her own face with the Adidas slogan “You got this.”“I was like, yeah, I do,” Nurse said with a laugh.The billboard she drove past is one of many across the country, including a massive advertisement at Yonge-Dundas Square — Toronto’s closest approximation to Times Square in New York City —…

S.E.C. Is Investigating OpenAI Over Its Board’s Actions

01

Mar

By William Lee

Technology

S.E.C. Is Investigating OpenAI Over Its Board’s Actions

The Securities and Exchange Commission began an inquiry into OpenAI soon after the company’s board of directors unexpectedly removed Sam Altman, its chief executive, at the end of last year, three people familiar with the inquiry said.The regulator has sent official requests to OpenAI, the developer of the ChatGPT online chatbot, seeking information about the situation. It is unclear whether the S.E.C. is investigating Mr. Altman’s behavior, the board’s decision to oust him or both.Even as OpenAI has tried to turn the page on the dismissal of Mr. Altman, who was soon reinstated, the controversy continues to hound the company.…

Disney Heirs Line Up Against Nelson Peltz and Activist Investors

29

Feb

By William Lee

Business

Disney Heirs Line Up Against Nelson Peltz and Activist Investors

It’s a classic Disney movie plot: A family comes together to fight an enemy.Only this time it is happening in real life, with the grandchildren of Walt and Roy Disney, who founded the company in 1923, joining forces to oppose Nelson Peltz, the activist investor who is waging a proxy battle for board seats. The heirs — nine in total, including Abigail E. Disney, who has at times been a harsh critic of Robert A. Iger, Disney’s chief executive — publicly lined up behind Mr. Iger and the current Disney board on Thursday.“These activists must be defeated,” Roy P. Disney,…