RICHMOND, Va. (AP) — A federal appeals court rejected a bid Monday from former coal executive Don Blankenship, who argued that Donald Trump Jr. defamed him by calling him a “felon.” The 4th U.S. Circuit Court of Appeals in Richmond, Virginia, left in place a lower court’s ruling in West Virginia against Blankenship, the former … Read more
Boeing CEO Dave Calhoun says he’s jumping ship, he plans to call it quits by the end of this year … amid the company’s ongoing safety fiascos. In a statement Monday, Calhoun straight-up acknowledged Boeing’s challenges, saying, “The eyes of the world are on us, and I know that we will come through this moment … Read more
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Anna Moneymaker | Getty Images Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for … Read more
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Emad Mostaque is stepping down from his role as CEO of Stability AI, the startup that helped bring Stable Diffusion to life. In a press release late on Friday night, Stability AI says Mostaque is leaving the company “to pursue decentralized AI.” Mostaque will also step down from his position on the board of directors … Read more
Heli-skiing on virgin snow in Antarctica for a cool $2.2 million. A polar bear safari in an “off-limits” area of Norway’s Svalbard for $300,000. How about tracking snow leopards in the Himalayas with renowned explorers for $100,000? Big-ticket travel experiences like those are indicative of the “quiet luxury” trend which began in the world of … Read more
Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week. Stability AI, which has been backed by investors including Lightspeed Venture Partners and Coatue Management, … Read more
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Mozilla is ending its partnership with Onerep after the company’s CEO admitted to having ties to a data broker, as first reported by Krebs on Security. “Though customer data was never at risk, the outside financial interests and activities of Onerep’s CEO do not align with our values,” writes Mozilla’s vice president of communications Brandon … Read more
Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck. Burns was ordered to pay a civil fine of $175,000 and cannot serve as an officer or director of … Read more
Exhibition of Aston Martin DB11 during the Turin Motor Show 2018. Stefano Guidi | LightRocket | Getty Images LONDON — Adrian Hallmark, the experienced autos leader of luxury brand Bentley, has been appointed as new chief executive officer of Aston Martin. The 61-year-old will start in his new role no later than Oct. 1, the … Read more
Angela Chao attends the AFI Awards Luncheon at Four Seasons Hotel Los Angeles at Beverly Hills on January 12, 2024 in Los Angeles, California. Frazer Harrison | Getty Images Foremost Group CEO Angela Chao was intoxicated when she accidentally drove her Tesla into a pond at a ranch she owned with her husband, venture capitalist … Read more