Venture capital

OpenAI brings Sam Altman back as CEO days after ouster

Barbara Terrio

Sam Altman is back as CEO of OpenAI after he was fired suddenly Friday afternoon. Following his ouster, hundreds of ...

Musk threatens ‘thermonuclear lawsuit’ against media watchdog, calls advertisers ‘oppressors’

Barbara Terrio

Jonathan Raa | Nurphoto | Getty Images Elon Musk lashed out at large advertisers and Media Matters, a media watchdog ...

WeWork files for bankruptcy

Barbara Terrio

The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, ...

Hertz pulls back on EV plans citing Tesla price cuts, repair costs

Barbara Terrio

Tesla Model 3 electric vehicles at a Hertz airport location. Photo by E.R. Davidson Hertz is pumping the brakes on ...

China VC deals plunge, on track for worst pace in more than seven years

Barbara Terrio

Venture capital firms in China invested $26.7 billion in 3,072 deals in the first half of 2023, PitchBook said. On ...

JPMorgan to offer online payroll services

Barbara Terrio

JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing. The bank ...