China braces for more deadly floods as 'Plum Rain' sweeps north and west
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, ki...
San Francisco, CA, February 18, 2025 – OpenAI is evaluating a proposal to grant special voting rights to its non-profit board as a measure to safeguard its decision-making power amid recent hostile takeover attempts.
The move, reported by Reuters and the Financial Times, comes as the company navigates a transition toward a more traditional for-profit structure.
According to sources familiar with the discussions, CEO Sam Altman and board members are considering new governance measures that would enable the non-profit board to overrule major investors, including significant backers such as Microsoft and SoftBank. The proposal is seen as a preemptive step to block future hostile takeover bids, including an unsolicited $97.4 billion acquisition offer from a consortium led by Elon Musk that was rejected by OpenAI on Friday.
Musk, a co-founder of OpenAI who later departed the company, reportedly made the bid in an effort to prevent OpenAI from shifting toward a profit-driven model as it seeks additional funding to remain competitive in the rapidly evolving AI sector. OpenAI dismissed the offer and any future bids as disingenuous, emphasizing that the startup is not for sale.
While no firm decisions have been made regarding the special voting rights, the proposed governance change underscores OpenAI’s commitment to maintaining strategic control during its structural transition. OpenAI has not immediately commented on the report.
As the company weighs its options, the potential implementation of special voting rights could set a precedent for how AI startups balance investor interests with long-term strategic and ethical considerations in a highly competitive industry.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
Scientists have captured the first clear image of a rare double-detonation supernova, where a white dwarf star is destroyed by two rapid explosions, producing key elements such as calcium and iron.
Europe’s new-generation weather satellite, Meteosat Third Generation-Sounder 1 (MTG-S1), successfully launched into space from the U.S. Cape Canaveral base.
Over the past year, 162 asteroids flew closer to Earth than the Moon. NASA and ESA warn only 40% of dangerous objects have been identified, with one asteroid posing a small risk of hitting the Moon in 2032.
A Chinese firm has launched what it claims is the country’s first 24/7 intelligent laser weeding robot, aiming to phase out chemical herbicides and cut agricultural pollution at its source.
Set on top of Chile’s Cerro Pachón mountain, the Vera C. Rubin Observatory will soon embark on a ten-year survey, using cutting-edge technology to uncover new secrets of the universe.
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