Tether, the stablecoin issuer, plans to propose its own list of board candidates and "governance reforms" for Juventus, the Italian football club in which it currently holds a 10.7 per cent stake. According to a report by Reuters on Monday, Tether's recommendations to the football club's board will be presented before the shareholders' meeting on November 7. In addition, Tether will invest about $129 million as part of Juventus' capital increase plan. Tether CEO Paolo Ardo...
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.