OpenAI CEO Sam Altman shrugs off NY Times copyright lawsuit
OpenAI CEO Sam Altman insisted the company is not concerned about a copyright infringement lawsuit brought by the New York Times over its use of the paper's content to train AI models. On Thursday, at the World Economic Forum in Davos, Switzerland, Altman spoke out about a lawsuit filed by The Times alleging copyright infringement […]
Grayscale CEO says most of the 11 approved bitcoin ETFs won't survive, defends highest fees in industry – CNBC
Michael Sonnenschein attends the 2022 Forbes Iconoclasm Summit held at the New York Historical Society on November 3, 2022. Arturo Holmes | Getty Images Entertainment | Getty Images DAVOS, Switzerland — Michael Sonnenshein, CEO of Grayscale Investments, told CNBC: largely [says all 11 in the headline, summary and key point though] Some of the approved […]
Elitist Disney CEO Bob Iger Making Sure To Fill His Pockets While Mickey Mouse & Co. Continues To Go Up In Flames
this man … It's no exaggeration to say that Disney has a problem. They have tons. In 2023, Mickey Mouse & Company will cut more than 8,000 jobs. At the box office, seven of the eight major theatrical releases failed, and Disney suffered losses. Over $400 million, according to Outkick. Disney+'s growth has stalled much […]
Ryanair CEO Michael O’Leary says he made ‘loud complaints’ to Boeing
The head of Europe's largest airline says Boeing has long had quality control problems and has complained “loudly” to the embattled U.S. plane maker about its 737 MAX planes. I have said that I have said that. Ryanair CEO Michael O'Leary said employees had seen wrenches left under the floors of planes delivered by the […]
Disney CEO Bob Iger’s pay hits $31.6M as struggles to rebuild
Disney Chief Executive Officer Bob Iger has announced that his 2023 pay will rise even as the struggling entertainment giant struggles to rebuild and fend off attacks from activist investor Nelson Peltz. It was expected to reach $31.6 million. Mr. Iger's salary package included a base salary of $865,385, plus $16.1 million in stock compensation, […]
JPMorgan CEO delivers brutal reality check straight to the heart of Democrats for attacking Trump supporters: ‘Grow up’
JPMorgan Chase CEO Jamie Dimon is offering political wisdom on Donald Trump to Democrats and the media. Dimon said Wednesday on CBNC's “Squawk Box” that constant attacks on Trump, his supporters and his “Make America Great Again” policies will ultimately backfire on President Joe Biden and the Democratic Party. I warned him that he would […]
CNN’s CEO taps ‘tyrant’ Virginia Moseley to lead newsroom
CNN's new boss has tapped an enthusiastic and controversial executive to run the station's struggling newsroom. Some members of the public claim she is a “tyrant” with “zero interpersonal skills”. Mark Thompson — the British-born media tycoon who took over as CEO of CNN in October — named Virginia Moseley the left-leaning media outlet's new […]
Salesforce CEO Marc Benioff Advocates for AI as a ‘Human Right’ at World Economic Forum
Salesforce co-founder and CEO Marc Benioff said at the World Economic Forum in Davos, Switzerland, that he believes AI should be considered a “human right.” Yahoo Finance report Marc Benioff, co-founder and CEO of Salesforce, recently attended the World Economic Forum (WEF) in Davos, Switzerland, where he brought a unique perspective to the ongoing debate […]
DHL CEO says Red Sea disruption could lead to shipping container shortage
Lt. Col. Darin Gaub, a retired U.S. Army Black Hawk helicopter pilot, says the only hope for de-escalating conflicts in the Middle East is for Israel to remain on the defensive. DHL CEO Tobias Meyer said on Wednesday that the continued disruption of global trade due to Houthi rebel attacks in the Red Sea could […]
Full effect of Fed rate hikes have not been seen, Bank of America CEO warns
Bank of America CEO and Chairman Brian Moynihan talks about Fed interest rate hikes, consumer resilience in 2024, and regulation of major banks. Bank of America's CEO warns that Americans are yet to feel the full effects of the Federal Reserve's 11 interest rate hikes. Bank of America CEO and Chairman Brian Moynihan reviewed the […]