OpenAI allows employees to sell $1.5 bln stock to SoftBank, CNBC reports-February 2024-www.financetom.com

OpenAI allows employees to sell $1.5 bln stock to SoftBank, CNBC reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

OpenAI allows employees to sell $1.5 bln stock to SoftBank, CNBC reports

Nov 26, 2024 9:48 PM

Nov 27 (Reuters) - Microsoft ( MSFT )-backed OpenAI is

allowing its employees to sell roughly $1.5 billion worth of

shares in a new tender offer to Japan's SoftBank Group,

CNBC reported on Wednesday.

(Reporting by Angela Christy in Bengaluru; Editing by Abinaya

Vijayaraghavan)

Previous page： Ardent Health Partners Acquires 18 Urgent Care Clinics in New Mexico, Oklahoma Next page： Oil Falls Again on China Stimulus and a Drop in U.S. Inventories

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Ardent Health Partners Acquires 18 Urgent Care Clinics in New Mexico, Oklahoma

Jan 3, 2025

09:00 AM EST, 01/03/2025 (MT Newswires) -- Ardent Health Partners ( ARDT ) shares were higher premarket Friday after the company said it acquired 18 urgent care clinics from NextCare Urgent Care, expanding its ambulatory operations in New Mexico and Oklahoma. The company said the transaction included six clinics in New Mexico, which will join Lovelace Health System, and 12...

Oil Falls Again on China Stimulus and a Drop in U.S. Inventories

Jan 3, 2025

09:00 AM EST, 01/03/2025 (MT Newswires) -- Oil on Friday fell for a fifth-straight session after China introduced additional economic stimulus measures and reiterated its 5% growth target and U.S. inventories fell. West Texas Intermediate crude for February delivery was last seen down US$0.04 to US$73.09 per barrel, while March Brent crude was down US$0.07 to US$75.86. China this week...

N2OFF, Solterra Brand Services to Develop Battery Storage Systems in Italy

Jan 3, 2025

08:59 AM EST, 01/03/2025 (MT Newswires) -- N2OFF ( NITO ) said Friday that it has signed a binding letter of intent with Solterra subsidiary Solterra Brand Services Italy to buy and develop two battery storage systems in Sicily, Italy. Each system will have a capacity of 98MWp or 392MWh, N2OFF ( NITO ) said. In November, the companies signed...

Rogers Communications Revises 2024 Revenue Outlook: Media Weakness Takes A Toll

Jan 3, 2025

Rogers Communication, Inc. shares are trading relatively flat on Friday. The company is set to release these details on Thursday, January 30, 2025, before the markets open. For the full year 2024, Rogers now expects annual consolidated service revenue growth just over 7%, compared to its guidance range of 8% – 10% issued in February of 2024, driven by weakness...