PRESS DIGEST- Wall Road Journal
Jan 24 (Reuters) – The next are the highest tales within the Wall Road Journal. Reuters has not verified these tales and doesn’t vouch for his or her accuracy.
– Elevance Well being Inc mentioned it agreed to accumulate the nonprofit well being insurer Blue Cross and Blue Protect of Louisiana, increasing its Blue enterprise into a brand new state.
– Google Chief Government Sundar Pichai mentioned prime executives would take pay cuts following the most important spherical of layoffs within the firm’s historical past.
– Rivian Automotive Inc’s chief lobbyist, Jim Chen, is departing the corporate, the newest high-level exit because the electric-vehicle startup works to scale up operations.
– Microsoft Corp mentioned Monday it’s making a multiyear, multibillion-dollar funding in OpenAI, considerably bolstering its relationship with the startup behind the viral ChatGPT chatbot because the software program big appears to develop using synthetic intelligence in its merchandise.
– Intel Corp mentioned Monday that it appointed Frank Yeary as chairman of its board of administrators, succeeding Omar Ishrak within the function.
– Twitter Inc is being sued over allegedly unpaid hire at its headquarters constructing in San Francisco, including to authorized battles between the social-media firm and distributors since Elon Musk acquired the enterprise final yr. (Compiled by Bengaluru newsroom)