A special panel of the OpenAI board today announced the completion of WilmerHale's review. The company conducted dozens of interviews with members of OpenAI's previous board, OpenAI executives, advisors to the previous board and other relevant witnesses; reviewed more than 30,000 documents; and evaluated various corporate actions. Based on the record produced by WilmerHale and…
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Opinions expressed by Entrepreneur contributors are their own. Nirvana Soul in San Jose, California is not where you go to bury yourself in a book or work quietly on your computer. Colorful artwork lines the walls and upbeat music fills the air. You'll meet someone new during your visit, as the chatty bartenders and owners…
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Shareholders of Kingswood Acquisition Corp., the special-purpose buyout company sponsored by major shareholders in British wealth management firm Kingswood Group and a sister company of Kingswood US, voted to approve its merger with broker/dealer aggregate Wentworth Management Services. After the deal closes, former SPAC shareholders will own about 21% of the outstanding shares, while former…
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We are announcing three new members to our Board of Directors as the first step towards our commitment to expansion: dr. Sue Desmond-Hellmann, former executive director of the Bill and Melinda Gates Foundation, Nicole Seligman, former EVP and General Counsel at Sony Corporation and Fiji Simo, CEO and President of Instacart. Additionally, Sam AltmanCEO, will…
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A new report from researchers at Harvard, Columbia and Duke suggests that your startup idea doesn't have to be big and you don't have to go national to be successful. In fact, most startups are not big, glamorous giants like Amazon or Uber. Many are small businesses that stay local and do not aim to…
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Following the SEC's approval this week of its climate disclosure rule for issuers, some expect the proposed rule for ESG funds and advisers to be imminent. During a discussion at this year's Investment Advisers Association Compliance Conference, Mara Shreck, managing director in the regulatory affairs office at JPMorgan Chase, said the corporate disclosure rule had…
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This article originally appeared on Business Insider. If you own a Tesla, you may want to be extremely careful when accessing WiFi networks at Tesla charging stations. Security researchers Tommy Mysk and Talal Haj Bakry of Mysk Inc. released a video on YouTube on Thursday explaining how easy it can be for hackers to make…
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Just two years after taking over from private equity backers, Waverly Advisors has completed a dozen deals and grown assets by more than 200%. Meanwhile, Moneta has grown to $34 billion with its first deal since April, and Kestra announced that an Ameriprise team managing more than $300 million joined its platform in 2023. In…
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Opinions expressed by Entrepreneur contributors are their own. The arrival of artificial intelligence (AI) in the workplace is a watershed moment ushering in an era of business transformation. In the effort to improve efficiency, productivity and decision-making processes, AI has become an effective ally. Not only does the use of machine learning algorithms and natural…
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A team of advisors in Indianapolis has spun off from Stifel Financial to launch their own business with the backing of Sanctuary Wealth. M&K Legacy Wealth, formerly Tanner Wealth Management Group, has joined Sanctuary's “partnership independence” model, bringing over $1 billion in client assets from Stifel. The team is led by founders and managing partners…
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