Congress grills Microsoft President over cyber security failures
Congress' members pressured Microsoft on Thursday to improve the way it addresses security vulnerabilities in its widely used products following a wave of cyberattacks that targeted the federal government.
Elon Musk’s 46 billion dollar pay package wins Tesla shareholders’ approval
There have been several large payouts totalling almost 1 billion dollars in current currency in the history of corporate compensation packages in the United States.
OpenAI’s CEO Sam Altman says company could become a for profit
According to a story by The Information on Friday, OpenAI CEO Sam Altman told some shareholders that the company is thinking about changing its governance structure to become a for-profit company independent of its nonprofit Board.
New Executive Directors are appointed by Petrobras’ CEO
The CEO of Brazil's state-run oil company Petrobras, Magda Chambriard, has announced a new management team, appointing three Directors with extensive technical expertise and experience in state-run firms.
OpenAI hires Ex-Nextdoor CEO Sarah Friar as CFO
This week, OpenAI announced the hiring of former Nextdoor Chief Executive Officer Sarah Friar as its first Chief Financial Officer (CFO).
Tesla shareholders accuse Elon Musk of draining its AI talent
Some Tesla shareholders claim that Elon Musk has shown "brazen disloyalty" to his firm by allegedly depleting the company's AI talent.
PTC India’s Manoj Jhawar to serve as part-time CMD as Rajib Mishra is restrained by SEBI
The Board of PTC India has decided that till regular Chairman and Managing Director (CMD) is appointed, Dr. Manoj Kumar Jhawar, the current Whole-time Director shall also exercise the powers of Chairman & Managing Director with effect from June 13, 2024.
National Aluminiums’ Independent Director George Kurian Resigns
George Kurian, Independent Director of National Aluminium Company Limited (NALCO) has tendered his resignation from the post with effect from June 09, 2024.
Axis Bank’s Anuranjan Kumar will now serve as CCO
Anuranjan Kumar currently working as Head – Operational Health and Control at Axis Bank Limited has been appointed as Chief Compliance Officer of the Bank for three years with effect from June 14, 2024.
TRF Appoints Pingali Venugopal & Sougata Ray as Independent Directors
The Board of Directors of Tata-Robins-Fraser Limited has approved the appointment of Dr. Pingali Venugopal and Dr. Sougata Ray as Additional Directors (Non-Executive, Independent) with effect from June 14, 2024.
