Airbnb CFO Dave Stephenson moves to new role as company reaches ‘inflection point’

[ad_1] Dave Stephenson, who will become Airbnb CFO in Jan. 2019. Airbnb CFO Dave Stephenson, who helped guide the company through Covid-19 tumult and an initial public offering, will transition…

OpenAI brings Sam Altman back as CEO less than a week after he was fired by board

[ad_1] Sam Altman will return as CEO of OpenAI, the startup tweeted early Wednesday morning. The move follows immense pressure from employees and investors on the board that ousted him…

OpenAI shakeup has rocked Silicon Valley, leaving some techies concerned about future of AI

[ad_1] Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Carlos Barria | Reuters A wide swath of…

Airbnb acquires AI startup for just under $200 million

[ad_1] Airbnb has made its first acquisition as a public company, in a deal valued at just under $200 million, sources familiar with the deal told CNBC. The startup is…

Sam Bankman-Fried lawyer says government portrayed FTX founder as a ‘monster’

[ad_1] Closing arguments kicked off on Wednesday in Sam Bankman-Fried’s criminal fraud trial. Assistant U.S. Attorney Nicolas Roos told the jury that Bankman-Fried “schemed and lied to get money, which he…

Airbnb beats on revenue but offers weaker-than-expected guidance

[ad_1] Brian Chesky, co-founder and CEO of Airbnb, speaks during an interview with CNBC on the floor of the New York Stock Exchange, May 10, 2023. Brendan McDermid | Reuters…

Why Sam Bankman-Fried wanted to spend $10 million a year to put FTX name on sports stadium

[ad_1] Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S.…

The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion

[ad_1] Athens, Georgia, is home to the University of Georgia, and the police there are used to college town-type crimes: break-ins, bar fights and assorted rowdiness. That kind of thing.…

‘They just come, take a nice selfie … and leave.’ Overtourism returns, but cities are fighting back

[ad_1] A woman takes a selfie with an ice cream cone in front of Rome’s Trevi Fountain. Matteo Nardone | Pacific Press | Lightrocket | Getty Images From overtourism to…

Tech stocks are still sliding after closing out their worst month of 2023

[ad_1] Leonardo Munoz | View Press | Corbis News | Getty Images Tech stocks are following up their worst month of the year with a rough start to October as…