Bloomberg
OpenAI will add Microsoft as board observer, plans governance changes
OpenAI CEO Sam Altman reinstated, Microsoft joins board as non-voting observer. Mira Murati is CTO again, Greg Brockman returns as president. New board of directors, chaired by Bret Taylor, to build out a more permanent board. Microsoft President Brad Smith s…
India seen keeping rice export bans into 2024, holding up global prices
Government has repeatedly tightened restrictions on shipments in a bid to curb domestic price rises
Australia, India at risk of becoming dumping grounds for polluting cars
Developing nations face a glut of used gasoline cars if they fail to accelerate the shift to electric vehicles. Without clear goals to end sales of gasoline vehicles, countries like India, Australia, Thailand, and South Africa risk costly imports and increase…
India spat spills over into boardroom of Canadian potash firm Karnalyte
Karnalyte Resources Inc., a Canadian potash firm with ties to India, has had to cancel plans to meet with its Indian board members due to the worsening diplomatic feud between the two countries. The Saskatchewan-based firm counts two Indian executives and one…
Dixon Technologies to open new smartphone plant on outskirts of Delhi...
Xiaomi supplier Dixon Technologies India Ltd. is set to open a 300,000 sq. ft. factory in New Delhi to produce smartphones, as India pushes Chinese tech firms to localize production. Dixon will invest $48.2M over 3 years, while Xiaomi has also handed a contra…
Musk says Twitter will change logo to X
Elon Musk announces Twitter logo change; Twitter brand toolkit page calls light-blue bird "most recognizable asset"; Musk not a fan, says logo should have been changed long ago; Fidelity, ARK Investment Management have written down their stakes; Musk predicte…
