Startups
Nik Storonsky says VCs can be ‘dangerous’, so Revolut’s board has none
Revolut CEO Nik Storonsky argues against having venture capitalists on company boards, describing them as potentially dangerous.
Topic
#Corporate Governance
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More Tech
Meta shareholders sue Zuckerberg to block his non-voting share plan
Meta shareholders have filed a class action lawsuit in Delaware to block a proposed new class of non-voting shares championed by Mark Zuckerberg and the board.
AI
OpenAI checked fired researchers’ phones for Signal chats, WSJ reports
OpenAI fired safety researchers last month partly for communicating with external parties through encrypted channels like Signal without authorization.
Enterprise
Amazon ends its six-year legal fight with former AWS managers over alleged data center kickbacks
Amazon has settled a six-year legal dispute with two former AWS managers over alleged improper payments related to data centre deals, with both parties acknowledging ethical violations.
Startups
Anthropic to Set Aside 5% Stock for New Public Benefit Fund
Anthropic plans to allocate 5% of its shares to a public benefit fund for charitable giving and worker support, pending stockholder approval ahead of a potential IPO.