Elon Musk withdraws lawsuit against OpenAI and co-founders

Elon Musk withdrew his lawsuit against OpenAI and its co-founders, Sam Altman and Greg Brockman, in California state court just one day after publicly criticizing the company. The case was dismissed without prejudice. Musk had alleged that OpenAI transformed from a project for the benefit of humanity into a for-profit entity largely controlled by Microsoft. Musk had previously filed the lawsuit in February for breach of contract and fiduciary duty.

BlackRock partners with Egan Jones for Proxy Advisory Services

BlackRock partners with Egan Jones as a third proxy advisory firm to provide clients with more investment choices amid allegations of prioritizing ESG over fiduciary responsibilities. Critics claim BlackRock's move is inadequate in affirming an apolitical stance. BlackRock CEO defends the firm's fiduciary duty and performance amidst ESG debates.