OpenAI Said to Mull Special Voting Rights to Block Hostile Bids

Seeking Alpha13minutes ago

In response to Musk's hostile takeover, OpenAI is considering setting up special voting rights.

OpenAI is considering granting special voting rights to its Board of Directors for its non-profit institution to ensure that it maintains control after transitioning into a for-profit entity, and to be able to overturn decisions made by other investors, including existing investors like Microsoft and SoftBank. The special voting rights will also help OpenAI fend off hostile takeovers from external parties like Musk.

wallstreetcn02:40 ET

Honda Open To Reviving Nissan Merger Talks If CEO Uchida Steps Down, Creating Fourth-Largest Global Automaker

Benzinga21:38 ET

In January, the sales of RBOB Gasoline Passenger Vehicles fell by more than 20% month-on-month: Japanese brands overall under pressure, with Honda and Dongfeng Honda both "cut in half."

① According to data released by the China Association of Automobile Manufacturers, the domestic sales of Passenger Vehicles in January were 1.738 million units, a month-on-month decrease of 35.5% and a year-on-year decrease of 0.5%; ② In January this year, GAC Honda's sales were 15,123 units, a year-on-year decline of 57.14%; Dongfeng Honda's monthly sales were 19,971 units, a year-on-year decline of 69.31%.

cls.cnFeb 17 02:41 ET

Top Global Stories This Week: Nippon Steel, BP, Nestlé and Nissan Among Notable Names

Seeking AlphaFeb 16 08:55 ET

Broadcom Could Be a Winner From Arm's Push Into Making Its Own Chips: JPM

Seeking AlphaFeb 15 08:00 ET