[82lsju]

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.

and you have to like the announcement of his departure happening on a Friday afternoon before a holiday week.....

the second of three co-founder quits...(MIT and Harvard dropout)

Hours after OpenAI announced the departure of CEO and co-founder Sam Altman, fellow co-founder and former chair Greg Brockman announced, “based on today’s news, i quit.”

https://www.theverge.com/2023/11/17/2396...an-leaving

[82lsju]

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.

and you have to like the announcement of his departure happening on a Friday afternoon before a holiday week.....

the second of three co-founder quits...(MIT and Harvard dropout)

Hours after OpenAI announced the departure of CEO and co-founder Sam Altman, fellow co-founder and former chair Greg Brockman announced, “based on today’s news, i quit.”

https://www.theverge.com/2023/11/17/2396...an-leaving