[chrisk]

Cruise has suspended the ability of its employees to sell their stock to GM quarterly, while GM reevaluates the operation. Two years ago, GM said Cruise was valued at $30 billion.

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More troubles in tech. One day after his big speech at APEC, Sam Altman is out as CEO of OpenAI.
The board posted the following:


“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities. The board no longer has confidence in his ability to continue leading OpenAI,” the blog post read.

All the money floating around tech seems to result in a lot of cutting corners.

[chrisk]

Cruise has suspended the ability of its employees to sell their stock to GM quarterly, while GM reevaluates the operation. Two years ago, GM said Cruise was valued at $30 billion.

---

More troubles in tech. One day after his big speech at APEC, Sam Altman is out as CEO of OpenAI.
The board posted the following:


“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities. The board no longer has confidence in his ability to continue leading OpenAI,” the blog post read.

All the money floating around tech seems to result in a lot of cutting corners.