Microsoft Corporation (NASDAQ:MSFT) shares traded in positive territory, up 1.34% to $374.82, as it confirmed that Sam Altman has been hired to lead a new AI division following his shock sacking by investee OpenAI on Friday. Read more
OpenAI meanwhile has appointed former Twitch executive Emmett Shear as Altman’s replacement. Read more
Adobe (NASDAQ:ADBE) $20 billion deal to buy competitor Figma has come under pressure, with the European Commission objecting to the deal following its review. Read more
Robotaxi firm Cruise is another ‘bleeding edge’ tech firm replacing its chief executive on Monday, with founder Kyle Vogt exiting the business which has run into trouble in recent weeks, with its operations suspended in California. Read more
Bitcoin managed to keep its head above the $37,200 price point after running up 2% on Sunday following an uneventful first half of the weekend. Read more