Skydance boss David Ellison to chop Paramount’s three-headed CEO structure after merger: report
Paramount's three-person leadership structure will reportedly be shelved and two of its co-CEOs likely to be ousted if its $8 billion merger with Skydance Media goes through. David Ellison, who will run the combined company as Skydance's current president, chairman and chief executive officer, will oversee a major project involving the consolidation of all of […]
Sam Altman’s OpenAI pursuing switch to for-profit structure to avoid ‘hostile takeovers’: report
OpenAI is reportedly “pursuing” plans to abandon its nonprofit roots and reorganize as a for-profit entity, a move that has led Sam Altman and his allies to threaten a “hostile takeover” and leadership attack. It may protect against opposition. The company's board plans to reorganize as a public benefit corporation, an unusual structure in which […]
Iran Wants China-led BRICS to Create a New World ‘Security Structure’
Ali Akbar Ahmadian, secretary-general of Iran's Supreme National Security Council (SNSC), on Wednesday called on the China-led BRICS economic grouping to build “a new security architecture on the international stage to help future world order and security.” Ahmadian speaking at the BRICS forum in St. Petersburg, Russia Suggested The establishment of a “BRICS Security Council” […]