U.S. President Donald Trump delivered remarks on AI infrastructure at the White House alongside Oracle co-founder Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman. The event took place in the Roosevelt Room on January 21, 2025, with Trump emphasizing the importance of advancing AI technology. The presence of key industry leaders highlights the administration’s focus on leveraging AI for economic growth and innovation.
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Warner Bros Discovery shareholders reject chief executive David Zaslav’s $52mn pay package
Warner Bros Discovery shareholders voted against CEO David Zaslav's $52 million pay package amid significant share price declines, although the vote is nonbinding. Zaslav's compensation has faced scrutiny since a $247 million stock options-heavy package was awarded in 2021, with investors criticizing the board's alignment of his pay to cash flow goals. Amidst nearly 60% share value losses since the 2022 merger and a lowered credit rating by S&P Global, analysts suggest a potential spin-off...
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