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Collective amnesia is a reminder of the risks of investments offering an illusory prospect of easy wealth
Soaring holiday spending driven by demand, not higher prices, as retailers deepen discounts
Plus, a clash of corporate titans in Japan
Satya Nadella’s bet on AI start-up destabilised by shock sacking of Sam Altman
Industrial action at carmaker over collective bargaining sparks wave of sympathy strikes that could spill into other countries
Dearth of listings has meant a lack of exits for staff with stock options
Abandoning attempts to hold the company to account for the impact of its technology would be a tragic mistake
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
With the AI start-up’s future in peril, venture capitalists mounted an extraordinary campaign to reinstate the charismatic CEO
Halted trial of prospective blockbuster treatment follows latest US legal blow over weedkiller Roundup
Fatigue at higher prices is expected to push more shoppers to chase early holiday season discounts
Plus, the fall of a powerful US bankruptcy judge and detangling the drama at OpenAI
Due diligence group struggling to win release of employees held by Beijing public security bureau since March raid
LG Energy Solution and SK On slowing their expansion in response to sluggish demand
Groups needing to spend tens of billions of dollars on broadband lines are in an awkward position
Hedge funds take aim at chief executive of UK gambling company
Fintechs are chipping away at card providers’ duopoly but progress will be slow
Former Salesforce chief Bret Taylor and former US Treasury secretary Larry Summers to join as directors
Their botched decision to oust the AI start-up co-founder has led to all but one departing their role
New specialist AI chip is set to extend the company’s lead over rivals
Effort to unify generative artificial intelligence group follows pressure from staff and investors
US chipmaker forecasts higher than expected revenues on strong demand for its AI processors
Plan to delist Norwegian online classifieds company would be second-biggest buyout this year
Head of bank’s wealth management division says he plans to continue working through treatment
David R Jones made Houston the nation’s insolvency capital before an undisclosed relationship forced his resignation and prompted calls for reform
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