Trump Media Technology Group (DJT. O) rose 2 percent as the company's board voted to move forward with expansion plans. Novo Nordisk (NVO. N) rose 4.9 percent as the U.S. Food and Drug Administration (FDA) said a shortage of Ozempic supplies had been resolved.
Trump Media Technology Group's board of directors voted to advance its expansion plan, and the board voted to authorize company leaders to establish a strategic acquisition fund with selected investors.
On February 15th, local time on February 14th, OpenAI's board of directors unanimously rejected Musk's offer to buy the company's assets for $97.40 billion. In a letter to Musk, the board said the acquisition was "not in the best interests" of the company's mission. OpenAI chairperson Bret Taylor also said the company "is not for sale, and the board has unanimously rejected Musk's latest attempt to undermine its competition". On the 10th, a consortium led by Musk offered $97.40 billion to seek c...
The board of directors of Trump Media Group has authorized the purchase of cryptoassets.
OpenAI's board on Wednesday questioned the rationality of a $97.40 billion offer from Mr. Musk and others to buy the company. On Monday, a consortium of investors led by Mr. Musk offered to buy assets of the nonprofit that controls the company, intensifying a years-long feud between Mr. Musk and OpenAI chief executive Sam Altman. In a court filing on Wednesday, the company said Musk's takeover offer was consistent with its legal claims in a lawsuit filed against OpenAI last year.
According to CNBC, OpenAI CEO Sam Altman told employees that the board has not yet seen any official information from Musk.
The OpenAI CEO said the board would reject Musk's $97 billion offer.
Thumzup announced that the company's board of directors has authorized the holding of 90% of the company's remaining cash in bitcoin. This decision supports the company's ongoing bitcoin acquisition efforts as part of its fiscal asset strategy announced on November 15, 2024.
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
Nasdaq-listed Oxbridge Re Holdings Limited announced that its board of directors has approved the decision to include Bitcoin and Ethereum in its corporate reserve assets, a decision that reflects its strategy to diversify its financial assets while exploring inflation-resistant assets with long-term growth potential, such as Bitcoin, Ethereum, and other potential cryptocurrencies. (Globenewswire)
Nasdaq-listed Oxbridge Re Holdings Limited announced that its board of directors has approved the decision to include Bitcoin and Ethereum in its corporate reserve assets, a decision that reflects its strategy to diversify its financial assets while exploring inflation-resistant assets with long-term growth potential, such as Bitcoin, Ethereum, and other potential cryptocurrencies.
OpenAI announced the appointment of BlackRock executive Adebayo Ogunlesi to the board of directors. As a founding partner, chairperson and CEO of Global Infrastructure Partners (GIP), one of the infrastructure investment platforms, and a senior managing director at BlackRock, Ogunlesi has extensive leadership experience and expertise in corporate finance, infrastructure investment, and global market strategy. The appointment further complements the Board's depth in technology, AI security, cyber...
BYD: The board of directors agreed to authorize the company's management to formulate a market value management system and will fulfill its information disclosure obligations in accordance with the requirements of the Shenzhen Stock Exchange.
The Microstrategy board of directors has increased by three members, increasing the total number of board members from six to nine. New members include Brian Brooks, former CEO of Binance.US and former chief legal officer of Coinbase; Jane Dietze, chief investment officer of Brown University and board member of Galaxy Digital; and Gregg Winiarski, chief legal officer of sportswear and collectibles company Fanatics.
Microsoft's board of directors disclosed the reasons for its refusal to invest in bitcoin in regulatory filings, arguing that the proposal was unnecessary as the company was already considering multiple investment options. Microsoft noted: "As mentioned in the proposal itself, the volatility of bitcoin is a factor to consider when evaluating its investment as a financial application for enterprises, as enterprises need stable and predictable investments to ensure liquidity and operations...