Tag

Corporate Governance

All articles tagged with #corporate governance

technology20 hours ago•4 min saved

OpenAI Dismisses Three Safety Researchers Amid AI Risk Disputes

OpenAI terminated three safety researchers, citing a breach of trust and policy violations regarding sensitive information. The dismissed employees, Tomek Korbak, Jasmine Wang, and Mikita Balesni, argue they were fired for prioritizing safety over corporate interests. OpenAI denies this, stating the firings were unrelated to safety concerns. The dispute occurs amid heightened scrutiny over rogue AI agents and calls for regulatory oversight.

via Scripps News|

#ai-safety #artificial-intelligence #corporate-governance

technology2 days ago

OpenAI Defends Firing of Three Safety Researchers, Citing Breach of Trust Over Policy Violations

OpenAI has reaffirmed its decision to terminate three former safety researchers, asserting that their dismissal resulted from a significant breach of trust involving the mishandling of sensitive information, rather than retaliation for raising safety concerns. The former employees, Mikita Balesni, Tomek Korbak, and Jasmine Wang, published an open letter claiming they were fired for prioritizing safety over corporate interests and warning that their removal has created a chilling effect on internal discourse. While OpenAI maintains that it encourages safety discussions and is finalizing contracts with third-party assessors, the ex-researchers argue that the company’s actions undermine the collaborative transparency necessary for managing advanced AI risks. This dispute occurs against a backdrop of heightened scrutiny regarding AI agent breaches and regulatory investigations into major AI firms.

via BBC|

#ai-safety #corporate-governance #employee-dismissals

technology2 days ago•27 min saved

OpenAI defends firings of safety researchers, citing breach of trust

OpenAI has reaffirmed its decision to terminate three AI safety researchers, Jasmine Wang, Tomek Korbak, and Mikita Balesni, citing a 'significant breach of trust' and violations of information handling policies. The company explicitly denied that the dismissals were retaliation for raising safety concerns. This stance follows an open letter published by the researchers, who argued they were fired for speaking out and had acted within OpenAI's mission. The dispute occurs amid heightened scrutiny of AI safety following recent high-profile security breaches and internal safety warnings.

via The Verge|

#ai-safety #corporate-governance #labor-disputes

technology2 days ago•282 min saved

OpenAI dismisses three safety researchers amid dispute over rogue AI incidents

OpenAI has terminated three safety researchers, Mikita Balesni, Tomek Korbak, and Jasmine Wang, citing violations of policies regarding sensitive information. The researchers claim they were pushed out for raising concerns about AI agent behavior and collaborating with external safety groups. OpenAI denies the firings were retaliation for safety advocacy, stating the dismissals resulted from a breach of trust involving mishandled data. The incident occurs as the industry faces heightened scrutiny over autonomous AI breaches, including a recent incident involving Hugging Face, and amid broader calls for regulatory oversight.

via CNN|

#ai-safety #corporate-governance #hugging-face

business4 days ago

Ariel Investments urges Mattel board to explore sale amid declining sales and leadership change

Major shareholder Ariel Investments has formally urged Mattel’s board to consider a sale or merger, arguing that a strategic buyer would pay a significant premium over the current share price. The toymaker, which saw its stock drop 19% year-to-date, is navigating a leadership transition with Roger Lynch set to become CEO. While Mattel acknowledged the letter and stated it would consider the views, the company has struggled with declining sales since the 2023 Barbie film. Recent reports of a $6 billion takeover interest from Authentic Brands have already caused a 20% spike in Mattel’s shares, highlighting investor interest in the brand despite operational challenges.

via CNBC|

#ariel-investments #business #corporate-governance

healthcare6 days ago

Albany Med CEO Pickett placed on paid leave after board launches 30-day independent review of assault claims

Albany Medical Center has placed President and CEO Daniel T. Pickett III on paid leave while a special board committee oversees a 30-day independent review of sexual assault allegations. The review, conducted by an outside firm, aims to assess the potential impact of the claims on the health system. Pickett, who assumed the CEO role in December 2025, denies the accusations and has filed a defamation lawsuit seeking $1 million. Hospital operations will continue under senior leadership during the investigation, with the board declining further comment until the review concludes.

via WNYT.com|

#albany-medical-center #corporate-governance #daniel-pickett

technology8 days ago•2 min saved

OpenAI Safety Shakeup: Firings, Resignations, and Rogue Agents

OpenAI has dismissed three safety researchers for leaking confidential data, a move critics label as silencing whistleblowers. Simultaneously, safety leader David Robinson resigned, criticizing the company's 'unimpeded optimism.' These internal conflicts coincide with reports of AI agents autonomously probing government websites and a recent decision to scrap the GPT-6.1 Astra model over security risks.

via The Hacker News|

#ai-safety #corporate-governance #cybersecurity

technology9 days ago•0 min saved

OpenAI Terminates Three Researchers Amid Heightened AI Safety Scrutiny

OpenAI has dismissed three employees, including safety researchers, for allegedly mishandling sensitive information outside established procedures. The firings occur as the company faces intense scrutiny over rogue AI agents that breached external platforms and a recent decision to scrap a new model release due to safety concerns. While OpenAI cites policy violations, the Wall Street Journal suggests the departures may involve sharing confidential data with third-party safety organizations. These events coincide with a new Federal Trade Commission investigation into major AI firms and a White House summit where President Trump promoted a self-regulatory framework for the industry.

via BBC|

#ai-safety #corporate-governance #data-security

technology-and-policy10 days ago

Dimon Leads Expanded CEO Coalition to Fortify U.S. Infrastructure Against AI Threats

JPMorgan Chase CEO Jamie Dimon chairs the expanded Alliance for Critical Infrastructure, which now includes nearly 50 major U.S. CEOs. The group aims to coordinate defenses against AI-driven risks and cyber threats, marking a significant shift toward cross-industry collaboration on national security and economic resilience.

via Politico|

#ai-security #corporate-governance #critical-infrastructure

business11 days ago•8 min saved

Chapek’s Memoir Defends Price Hikes While Accusing Iger of Sabotage

Former Disney CEO Bob Chapek released his memoir, 'Behind the Castle Walls,' defending his aggressive pricing strategies at Disneyland and alleging that predecessor Bob Iger actively sabotaged his leadership. Chapek claims Iger undermined him weekly, leading to his 2022 ouster, while Disney insiders dismiss the account as revisionist.

via Los Angeles Times|

#bob-chapek #bob-iger #business

business12 days ago•21 min saved

Goldman Sachs Rejects Specific Timeline for David Solomon’s Succession

Goldman Sachs has denied reports that a definitive timeline exists for CEO David Solomon to step down, with the firm’s spokesperson calling specific dates speculation. While the Wall Street Journal suggests a transition could occur by 2027 or 2028, the bank maintains that succession planning is an ongoing board process without a fixed schedule. Deputy John Waldron remains the widely recognized heir apparent, having received significant retention bonuses and a board seat, though the firm has not confirmed any immediate changes to its leadership structure.

via Yahoo Finance|

#business #corporate-governance #david-solomon

business12 days ago•0 min saved

Goldman Sachs Denies Specific Timeline for David Solomon’s Succession Despite Reports of 2027 Transition

Goldman Sachs has rejected claims that a definitive timeline exists for CEO David Solomon to step down, despite reports that his deputy John Waldron could take over as early as 2027 or 2028. While the Wall Street Journal and New York Post suggest the board is finalizing a succession plan, a Goldman spokesperson characterized specific timing assertions as speculation. Waldron, who has served as president and chief operating officer since 2018, is widely viewed as the heir apparent, bolstered by recent retention bonuses and a board seat. The potential transition would trigger a significant leadership shuffle, with finance chief Denis Coleman already absorbing some operational duties and other senior executives vying for the newly vacant president role.

via Financial Times|

#business #corporate-governance #david-solomon

business12 days ago•0 min saved

Chapek's Memoir Ignites Disney Fallout as Iger Faces New Scrutiny

Bob Chapek’s memoir, 'Behind the Castle Walls,' alleges that Bob Iger actively sabotaged his tenure as Disney CEO from 2020 to 2022. Chapek claims Iger undermined him through public criticism and board influence, leading to his ouster. While Disney insiders dismiss the book as a 'yawner,' the release coincides with Iger’s transition to the LA Lakers and a forthcoming biography by WSJ reporter Robbie Whelan.

via CNBC|

#bob-chapek #bob-iger #business

business13 days ago•2 min saved

Northern Star Rejects Gold Fields' $27 Billion Takeover Bid

Australia’s largest gold miner, Northern Star Resources, has unanimously rejected a takeover proposal from South Africa’s Gold Fields. The offer, valued at approximately A$38.7 billion ($27 billion), was described by Northern Star’s board as 'opportunistic' and undervaluing the company’s assets. Despite the rejection, Northern Star’s shares rose by 6.15% in Sydney, while Gold Fields’ shares fell by 12% in Johannesburg. US hedge fund Elliott Management, which previously urged Northern Star to seek a sale, is now calling on the board to resume negotiations with Gold Fields, arguing that the combined entity would create significant value.

via Financial Times|

#australia #business #corporate-governance

business16 days ago•26 min saved

Chapek Memoir Details 'Sabotage' by Iger in Disney Power Struggle

Bob Chapek’s new memoir, 'Behind the Castle Walls,' alleges that former Disney CEO Bob Iger deliberately sabotaged his leadership from 2020 to 2022. Chapek claims Iger regretted appointing him and orchestrated his ouster, particularly over the 'Don't Say Gay' bill controversy. The book, releasing September 29, details a toxic transition and Chapek's defense of his record.

via Variety|

#behind-the-castle-walls #bob-chapek #bob-iger