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Microsoft, Apple leave OpenAI board amid antitrust concerns – #TechGovernance

Microsoft, Apple abandon OpenAI board oversight amid antitrust concerns — Capital Brief

Overnight, Microsoft stepped down from its observer role on the OpenAI board, and Apple also decided not to take up a similar position due to regulatory scrutiny of Big Tech’s AI investments. Paramount Global’s merger with Skydance Media is nearing completion, with no immediate plans for local job cuts at Network 10. Concerns about Joe Biden’s re-election bid have been raised by key figures, including George Clooney and Nancy Pelosi. US Fed Chairman Jerome Powell stated that the central bank will not wait for inflation to hit its 2% target before cutting interest rates. In Gaza, an Israeli missile strike killed at least 29 people, mostly women and children, as the conflict continues. Samsung Electronics’ largest workers’ union in South Korea extended a strike indefinitely for better pay and benefits. The UK Supreme Court ruled that airlines must compensate passengers for flight cancellations due to pilot illness. Germany will remove Huawei and ZTE components from its 5G mobile networks by 2029 due to security risks posed by Chinese technology.

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