Money

OpenAI staff demand board resigns, threatening mass exodus

Published

2 years ago

November 21, 2023

Employees at OpenAI, a leading artificial intelligence research lab, have issued a collective ultimatum, demanding the resignation of the organisation’s board of directors or else they threaten to quit en masse.

This unprecedented move by OpenAI’s workforce has sent shockwaves through the tech industry and raised questions about the future direction of the company.

The discontent among OpenAI employees centers around concerns regarding the organization’s leadership and the potential misuse of advanced AI technologies.

The staff alleges that the current board, comprised of prominent figures in the tech world, is not adequately addressing the ethical implications and potential risks associated with AI development.

Clash of values

This clash of values and priorities has led to an internal standoff that could have far-reaching consequences.

The ultimatum comes on the heels of several high-profile departures from OpenAI, including some of its top researchers and engineers.

The growing dissatisfaction within the organization has cast a shadow over its reputation as a pioneer in responsible AI research. As the board faces increasing pressure to respond to the demands of its staff, the future of OpenAI hangs in the balance.

The question now looms large: Can OpenAI’s leadership and employees find common ground to navigate the ethical and technological challenges of AI, or will this standoff lead to a mass exodus that could reshape the landscape of AI research and development?

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

3 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

3 days ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

5 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue