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OpenAI's board 'unanimously' rejects Elon Musk's $97.4 billion takeover bid

Elon Musk launched a $97.4 billion bid to take control of OpenAI. The Wall Street Journal reported a group of investors led by Musk's xAI submitted an unsolicited offer to the company's board of directors on Monday. The group wants to buy the nonprofit that controls OpenAI's for-profit arm. <br /> When asked for comment, an OpenAI spokesperson pointed Engadget to an X post from CEO Sam Altman. "No thank you but we will buy twitter for $9.74 billion if you want," Altman wrote on the social media platform Musk owns. <br /> On Friday, OpenAI's board of directors officially rejected Musk's bid. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," the company said i [...]

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Meta isn't setting its Oversight Board free just yet

The Oversight Board — the policy body Meta created to weigh its most impactful moderation rulings — has seen its role within Mark Zuckerberg's empire come into question due to shifting conten [...]

Match Score: 170.27

Destination
Elon Musk misled investors during his Twitter takeover, jury finds

A group of former Twitter investors have prevailed at a federal civil trial over Elon Musk's actions amid his $44 billion acquisition of the social platform in 2022. A jury in San Francisco found [...]

Match Score: 135.55

Destination
Court denies Elon Musk's attempt to block OpenAI's for-profit transformation

US federal judge Yvonne Gonzalez Rogers has denied Elon Musk's request for an injunction that would have immediately stopped OpenAI's conversion into a for-profit entity. Musk filed for an i [...]

Match Score: 128.31

Destination
Tech's biggest losers of 2025

It’s the end of another year, so it’s time for the Engadget staff to compile a list of the year’s biggest losers. We scour over articles from the previous 12 months to determine the people, comp [...]

Match Score: 122.88

Destination
Elon Musk leaves DOGE amid tanking Tesla sales

Elon Musk has left his role as the de facto head of the Department of Government Efficiency (DOGE). “As my scheduled time as a Special Government Employee comes to an end, I would like to thank Pres [...]

Match Score: 114.46

Destination
Warners Bros. Discovery board urges shareholders to reject amended Paramount bid

In a unanimous written determination, the Warner Bros. Discovery's board is advising shareholders to once again reject Paramount Skydance's "inadequate" hostile takeover bid. The l [...]

Match Score: 107.58

Destination
OpenAI is apparently making a social network

It looks like OpenAI is building its own X-like social media network, according to a report by The Verge. We don’t have many specifics, but we do know there’s an internal prototype that adds a soc [...]

Match Score: 104.16

Destination
Paramount makes a $108 billion hostile takeover bid for Warner Bros. Discovery

Paramount has been none too pleased about Netflix striking an $82.7 billion deal to buy much of Warner Bros. Discovery (WBD). Now, Paramount is making a hostile takeover bid for WBD. It's making [...]

Match Score: 103.60

Destination
OpenAI files countersuit against Elon Musk's 'bad faith' attacks

OpenAI has filed a countersuit against Elon Musk, accusing him of staging press attacks and malicious campaigns on "the social media platform he controls," as well as of making "harassi [...]

Match Score: 103.53