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Transcripts For BBCNEWS Asia 20240702

according to reuters, that s with a view to him possibly rejoining the company. when he was fired, the company released a statement, they said this. mr altman s departure follows a deliberate review process by the board which concluded. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft, reportedly owns 49% of the company. they are among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may lead to bleeding of other wider talent. a challenge though is whether they can get his reinstatement passed the current board. earlier i spoke to managing director at wedbush securities dan ives and he said openai s board might not walk away from this unscathed. this is a train wreck situation. i mean, the board clearly overplayed th

Hello
Asia-business-report
Suranjana-tewari
Sam-altman
Company
Board
Openai
Reinstating
Executives
Chief-executive
Reports
Top

Transcripts For BBCNEWS Asia 20240702

according to reuters, that s with a view to him possibly rejoining the company. when he was fired, the company released a statement, they said this. mr altman s departure follows a deliberate review process by the board which concluded. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft, reportedly owns 49% of the company. they are among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may lead to bleeding of other wider talent. a challenge though is whether they can get his reinstatement passed the current board. earlier i spoke to managing director at wedbush securities dan ives and he said openai s board might not walk away from this unscathed. this is a train wreck situation. i mean, the board clearly overplayed th

Hello
Asia-business-report
Suranjana-tewari
Sam-altman
Company
Board
Openai
Reinstating
Chief-executive
Executives
Reports
Turmoil

Transcripts For BBCNEWS Asia 20240702

he was fired on friday. he has been invited back by the interim ceo mira murati according to reuters, that s with a view to him possibly rejoining the company. when he was fired, the company released a statement, they said this. mr altman s departure follows a deliberate review process by the board which concluded. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft, reportedly owns 49% of the company. they are among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may mean to bleeding of other wider talent. a challenge though is whether they can get his reinstatement passed the current board. earlier i spoke to managing director at wedbush securities dan ives and he said openai s board might not walk away from this uns

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Cricket-world-cup
Hello
Asia-business-report
Suranjana-tewari
Sam-altman
Company
Openai
Top
Executives
Reinstating
Chief-executive

Before the Bell: ASX to rise, Wall Street mixed as data awaited

Australian shares are set to open higher. Oil rallied, gold edged up, iron ore fell anew. Techs pace Nasdaq lower, led by Tesla. Bitcoin hovers at $US73,000.

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ASX 200 LIVE: ASX to fall, S&P 500 slips as US bond yields rise

Australian shares start December on the back foot. Oil lower amid scepticism of OPEC+ cuts. Premier Investments jumps. Follow updates here.

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