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Latest News in Corporate
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May 06, 2026
Ex-OpenAI board member Shivon Zilis, who has four children with Elon Musk, took the stand in a California federal jury trial Wednesday over Musk's challenge to OpenAI's for-profit conversion, defending her role as an intermediary between Musk and other OpenAI founders and testifying she twice raised concerns over Sam Altman's leadership.
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May 06, 2026
An executive for a child protection organization told a New Mexico judge Wednesday that "ongoing quality issues" with Meta's reporting and the use of message encryption have made it harder to deliver actionable reports to law enforcement, as the state seeks $3.7 billion in reforms at the social media company.
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May 06, 2026
Sony Interactive Entertainment LLC retained a "substantial windfall" generated by illegal tariffs imposed under the International Emergency Economic Powers Act, two Sony PlayStation console owners said Wednesday in a proposed class action in California federal court.
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May 06, 2026
A Los Angeles judge ruled at a Wednesday hearing that Jeffer Mangels Butler & Mitchell LLP can't arbitrate an ex-associate's lawsuit alleging she was harassed and fired due to her pregnancy, saying it "wasn't a hard call" because her sexual harassment claims are statutorily prohibited from being arbitrated.
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May 06, 2026
Johnson & Johnson and a consultant it hired in the 1970s altered the conclusions of tests that found alarming levels of asbestos in the company's talc products before giving different results to the U.S. Food and Drug Administration, a former FDA commissioner told a Los Angeles jury Wednesday.
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