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INVESTOR LAWSUITS 2023
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
Elon Musk's failed court attack on OpenAI could leave lasting scars on CEO's reputationSam Altman and OpenAI secured a legal victory against Elon Musk, with a jury dismissing his lawsuit over the company's shift to a for-profi...
How US President Donald Trump's crypto venture and Iran's top exchange tapped into the same industry networksIran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated...
Elon Musk, Sam Altman under attack as OpenAI trial nears endElon Musk's lawyer attacked OpenAI CEO Sam Altman's credibility during closing arguments, accusing the company of enriching itself and stra...
Elon Musk's court battle against OpenAI enters homestretchA crucial trial involving Elon Musk and OpenAI is concluding. Musk accuses OpenAI leaders of betraying its founding mission for personal ga...
Microsoft CEO Satya Nadella 'proud' of profit-making OpenAI investmentMicrosoft CEO Satya Nadella testified in Elon Musk's lawsuit. Musk claims OpenAI betrayed its nonprofit mission. Nadella expressed pride in...
In OpenAI trial, former technology chief says Sam Altman sowed 'chaos,' distrust among top executivesA former OpenAI executive testified that CEO Sam Altman created distrust among leaders. This testimony emerged during Elon Musk's lawsuit a...
Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofitElon Musk is testifying in a high-stakes trial against OpenAI. He accuses co-founder Sam Altman of betraying promises to keep the company a...
On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick himElon Musk is in court accusing OpenAI's lawyer of trying to trick him. The trial centers on Musk's lawsuit claiming OpenAI abandoned its mi...
Elon Musk returns to witness stand in trial over OpenAI's futureElon Musk is on the witness stand in a major trial. He is suing OpenAI, claiming the company has strayed from its original mission. Musk al...
Elon Musk to return to witness stand in trial over OpenAI's futureElon Musk is back on the witness stand in a lawsuit against OpenAI, accusing the AI firm of abandoning its mission for profit. He testified...
Elon Musk says OpenAI was his idea, before executives looted itIn a high-stakes courtroom drama, Elon Musk has launched a lawsuit against OpenAI and its executives, alleging that they've strayed from th...
Elon Musk's social media use questioned as he and Sam Altman arrive for OpenAI trialA significant trial starts today in Oakland, California. Billionaires Elon Musk and Sam Altman are at odds over OpenAI's evolution. Musk cl...
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
Nippon Life's India asset manager to settle Yes Bank investment case, document showsNippon Life India Asset Management will pay over 96 crore rupees to settle SEBI charges. The company allegedly invested customer funds in h...
Blockchain billionaire Sun takes Trump family's crypto firm to courtJustin Sun is suing World Liberty Financial, a crypto venture co-founded by Donald Trump and his sons. Sun alleges the company illegally fr...
US Stocks: Blockchain billionaire Sun takes Trump family’s crypto firm to courtCrypto entrepreneur Justin Sun on Tuesday sued World Liberty Financial, the digital currency venture co-founded by U.S. President Donald Tr...