Corporate Corruption News Articles

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On at least four occasions since 2019, Elon Musk has predicted that his medical device company, Neuralink, would soon start human trials of a revolutionary brain implant to treat intractable conditions such as paralysis and blindness. Yet the company, founded in 2016, didn't seek permission from the U.S. Food and Drug Administration (FDA) until early 2022 – and the agency rejected the application. Musk has detailed a bold vision for Neuralink: Both disabled and healthy people will pop into neighborhood facilities for speedy surgical insertions of devices with functions ranging from curing obesity, autism, depression or schizophrenia to web-surfing and telepathy. Musk also has said Neuralink would restore full mobility to paralyzed patients. Reuters exclusively reported late last year that the federal government was investigating the company's treatment of its research animals. The probe was launched amid growing employee concern that the company is rushing experiments, causing additional suffering and deaths of pigs, sheep and monkeys. Musk's company ... trails at least one direct rival in the race for FDA approval. Synchron, a competitor making a BCI implant, has won the agency's blessing for human trials. The company first tested its device on four patients in Australia who successfully sent text messages with their minds. Synchron recently raised $75 million, including from funds backed by tech billionaires Bill Gates and Jeff Bezos.

Note: For more along these lines, see concise summaries of deeply revealing news articles on microchip implants from reliable major media sources.

The world is spending at least $1.8tn (Ł1.3tn) every year on subsidies driving the annihilation of wildlife and a rise in global heating, according to a new study, prompting warnings that humanity is financing its own extinction. From tax breaks for beef production in the Amazon to financial support for unsustainable groundwater pumping in the Middle East, billions of pounds of government spending and other subsidies are harming the environment, says the first cross-sector assessment for more than a decade. This government support, equivalent to 2% of global GDP, is directly working against the goals of the Paris agreement and draft targets on reversing biodiversity loss, the research on explicit subsidies found, effectively financing water pollution, land subsidence and deforestation with state money. The fossil fuel industry ($620bn), the agricultural sector ($520bn), water ($320bn) and forestry ($155bn) account for the majority of the $1.8tn, according to the report. No estimate for mining, believed to cause billions of dollars of damage to ecosystems every year, could be derived. Lack of transparency between governments and recipients means the true figure is likely to be much higher, as is the implicit cost of harmful subsidies. Last year, an International Monetary Fund report found the fossil fuel industry benefited from subsidies worth $5.9tn in 2020.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and climate change from reliable major media sources.

Members of the Sackler family who are at the center of the nation's deadly opioid crisis have won sweeping immunity from opioid lawsuits linked to their privately owned company Purdue Pharma and its OxyContin medication. Federal Judge Robert Drain approved a bankruptcy settlement on Wednesday that grants the Sacklers "global peace" from any liability for the opioid epidemic. "This is a bitter result," Drain said. "I believe that at least some of the Sackler parties have liability for those [opioid OxyContin] claims. ... I would have expected a higher settlement." The complex bankruptcy plan ... grants "releases" from liability for harm caused by OxyContin and other opioids to the Sacklers, hundreds of their associates, as well as their remaining empire of companies and trusts. In return, they have agreed to pay roughly $4.3 billion, while also forfeiting ownership of Purdue Pharma. The Sacklers, who admit no wrongdoing and who by their own reckoning earned more than $10 billion from opioid sales, will remain one of the wealthiest families in the world. Critics of this bankruptcy settlement, meanwhile, said they would challenge Drain's confirmation because of the liability releases for the Sacklers. "This order is insulting to victims of the opioid epidemic who had no voice in these proceedings," said Washington state Attorney General Bob Ferguson. The Department of Justice urged Drain to reject the settlement. Attorneys general for nine states and the District of Columbia also opposed the plan.

Note: Purdue Pharma spent $1.2 million on lobbying just before making this deal. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

40 years ago, a worn-out white Gulfstream II jet descended over Fort Lauderdale, Fla., carrying a regal but sickly passenger almost no one was expecting. Aboard were a Republican political operative, a retinue of Iranian military officers ... and Mohammed Reza Pahlavi, the newly deposed shah of Iran. The only one waiting to receive the deposed monarch was a senior executive of Chase Manhattan Bank, which had not only lobbied the White House to admit the former shah but had arranged visas for his entourage. Less than two weeks later, on Nov. 4, 1979, vowing revenge for the admission of the shah to the United States, revolutionary Iranian students seized the American Embassy in Tehran and then held more than 50 Americans — and Washington — hostage for 444 days. The shah, Washington’s closest ally in the Persian Gulf, had fled Tehran in January 1979. The shah sought refuge in America. But President Jimmy Carter ... refused him entry for the first 10 months of his exile. Chase Manhattan Bank and its well-connected chairman worked behind the scenes to persuade the Carter administration to admit the shah, one of the bank’s most profitable clients. For Mr. Carter, for the United States and for the Middle East it was an incendiary decision. The ensuing hostage crisis enabled Ayatollah Ruhollah Khomeini to consolidate his theocratic rule, started a four-decade conflict between Washington and Tehran ... and helped Ronald Reagan take the White House.

Note: More information is available in this 1991 New York Times article and this article. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

When women speak, they shouldn’t be shrill. Clothing must flatter, but short skirts are a no-no. After all, “sexuality scrambles the mind.” Women should look healthy and fit, with a “good haircut” and “manicured nails.” These were just a few pieces of advice that around 30 female executives at Ernst & Young received at a training held in the accounting giant’s gleaming new office in Hoboken, New Jersey, in June 2018. The 55-page presentation, used during the day-and-a-half seminar on leadership and empowerment, was given to HuffPost by an attendee who was appalled by its contents. Full of out-of-touch advice, the presentation focused on how women need to fix themselves to fit into a male-dominated workplace. The training, called Power-Presence-Purpose or PPP ... was billed to participants as advice on how to be successful at EY, according to Jane, a training attendee and former executive director at the firm. Attendees were even told that women’s brains are 6% to 11% smaller than men’s, Jane said. She wasn’t sure why they were told this, nor is it clear from the presentation. Women’s brains absorb information like pancakes soak up syrup so it’s hard for them to focus, the attendees were told. Men’s brains are more like waffles. They’re better able to focus because the information collects in each little waffle square. The only reason to talk to women about their size of their brains is to make them feel inferior to men, said Bruce McEwen, a neuroscientist at Rockefeller University.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

About a half a dozen journalists were in a northern California courtroom to cover a third lawsuit alleging that Monsanto’s pesticide glyphosate causes cancer. [Sylvie] Barak told others that she was a freelancer for the BBC. When journalists searched the internet for Barak, they noticed that her LinkedIn account said she worked for FTI Consulting, a global business advisory firm that Monsanto and Bayer, Monsanto’s parent company, had engaged for consulting. Monsanto has also previously employed shadowy networks of consultants, PR firms, and front groups to spy on and influence reporters. And all of it appears to be part of a pattern at the company of using a variety of tactics to intimidate, mislead and discredit journalists and critics. In the latest example of Monsanto’s efforts to track journalists, The Guardian reported in August on internal documents from the company’s “fusion center,” which worked to discredit reporters and nonprofits via third-party actors. In the California trial, the reporter who first identified Barak as an FTI plant said she ... saw an uptick in Monsanto’s industry partners contacting her as she covered the trial. A guy named Jay Byrne ... contacted her on social media to discuss how GMO criticism was part of a Russian influence campaign; when she Googled Byrne, she learned he is Monsanto’s former director of communications. In a January deposition, a Monsanto representative said that in 2016 the company spent “around $16 or 17 million” on activities to defend glyphosate.

Note: Major lawsuits are now unfolding over Monsanto's lies to regulators and the public on the dangers of glyphosate. Yet the EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

In 2015, Maryland’s main election system vendor was bought by a parent company with ties to a Russian oligarch. The state’s election officials did not know about the purchase until July 2018, when the FBI notified them of the potential conflict. The FBI investigated and did not find any evidence of tampering or sharing of voter data. But the incident was a giant red flag ... especially as many states have outsourced vote-counting to the private sector. Democracy in the United States is now largely a secretive and privately-run affair conducted out of the public eye with little oversight. The corporations that run every aspect of American elections, from voter registration to casting and counting votes by machine, are subject to limited state and federal regulation. The companies are privately-owned and closely held, making information about ownership and financial stability difficult to obtain. The software source code and hardware design of their systems are kept as trade secrets. A small network of companies ... have near-monopolies on election services, such as building voting machines. Across the spectrum, private vendors have long histories of errors that affected elections, of obstructing politicians and the public from seeking information, of corruption, suspect foreign influence, false statements of security and business dishonesty. The computer security world has been sounding the alarm since voting machines were adopted. Now lawmakers, election officials and national security experts are joining in.

Note: Computer scientists have shown nearly every make and model of electronic voting machine to be vulnerable to hacking. For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources.

During a nine month investigation, the BBC has uncovered the disturbing truth about the way authorities in New York City are conducting the fight against Aids. HIV positive children - some only a few months old - are enrolled in toxic experiments without the consent of guardians or relatives. In some cases where parents have refused to give children their medication, they have been placed in care. The city's Administration of Children's Services (ACS) does not even require a court order to place HIV kids with foster parents or in children's homes, where they can continue to give them experimental drugs. In 2002, the Incarnation Children's Center - a children's home in Harlem - was at the hub of controversy over secretive drugs trials. [Reporter Jamie Doran] speaks to a boy who spent most of his life at Incaranation. Medical records, obtained by the This World team, prove the boy had been enrolled in these trials. "I did not want to take my medication," said the boy, "but if you want to get out of there, you have to do what they say." He also conveys a horrifying account of what happened to the children at Incarnation who refused to obey the rules. "My friend Daniel didn't like to take his medicine and he got a tube in his stomach," he said. For months, the BBC tried to get information from the people responsible for the trials, but none would comment. The companies that supply drugs for the trials are among the world's largest, including Britain's own Glaxo SmithKline (GSK).

Note: Read a long list of examples of humans being treated as guinea pigs by corporate and governmental programs. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in Big Pharma from reliable major media sources.

Pfizer Inc. failed to warn patients that its injectable contraceptive drug Depo-Provera can increase the risk of developing brain tumors, a new lawsuit alleged. "For several decades the manufacturers and sellers of Depo-Provera and its authorized generic and generic analogues" had a responsibility to investigate whether the medication could contribute to the growth of brain tumors, according to the complaint filed Monday in the US District Court for the Central District of California. Plaintiff Taylor Devorak alleged that researchers have found Depo-Provera and similar progesterone medications have been linked to a greater incidence of brain tumors called intracranial meningioma. She's seeking damages on her failure-to-warn, defective design, negligence, misrepresentation, and breach of warranty claims against the pharmaceutical giant. Devorak's complaint comes in the wake of a handful of substantially similar lawsuits filed in other federal courts in California and Indiana in recent weeks. The American label for Depo-Provera "still makes no mention of the increased risk to patients of developing intracranial meningiomas," even though the EU and UK now list meningioma under the medication's warning section, Devorak's complaint said. Devorak cited a 2024 study published in the British Medical Journal that said prolonged use of medroxyprogesterone acetate medications like Depo-Provera were found to significantly increase the risk of developing intracranial meningioma.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

Air fryers that gather your personal data and audio speakers "stuffed with trackers" are among examples of smart devices engaged in "excessive" surveillance, according to the consumer group Which? The organisation tested three air fryers ... each of which requested permission to record audio on the user's phone through a connected app. Which? found the app provided by the company Xiaomi connected to trackers for Facebook and a TikTok ad network. The Xiaomi fryer and another by Aigostar sent people's personal data to servers in China. Its tests also examined smartwatches that it said required "risky" phone permissions – in other words giving invasive access to the consumer's phone through location tracking, audio recording and accessing stored files. Which? found digital speakers that were preloaded with trackers for Facebook, Google and a digital marketing company called Urbanairship. The Information Commissioner's Office (ICO) said the latest consumer tests "show that many products not only fail to meet our expectations for data protection but also consumer expectations". A growing number of devices in homes are connected to the internet, including camera-enabled doorbells and smart TVs. Last Black Friday, the ICO encouraged consumers to check if smart products they planned to buy had a physical switch to prevent the gathering of voice data.

Note: A 2015 New York Times article warned that smart devices were a "train wreck in privacy and security." For more along these lines, read about how automakers collect intimate information that includes biometric data, genetic information, health diagnosis data, and even information on people's "sexual activities" when drivers pair their smartphones to their vehicles.

The Air Force overpaid for soap dispensers used in the bathrooms of C-17 military aircraft by 7,943% – or more than 80 times the price of similar commercially available dispensers – according to a Defense Department inspector general report released Tuesday. The dispensers were one of about a dozen spare parts for which Boeing overcharged the Air Force, according to the report, resulting in nearly $1 million in additional and unnecessary costs. The costs of the soap dispenser from Boeing, the similar soap dispenser and the number of dispensers purchased by the Air Force were redacted in the report, but in total, the Air Force overpaid $149,072 for the soap dispensers. An anonymous tip about the dispensers launched the inspector general's audit into the spare parts. "The Air Force needs to establish and implement more effective internal controls to help prevent overpaying for spare parts for the remainder of this contract, which continues through 2031," Defense Department Inspector General Robert Storch said in a statement. Boeing has a contract with the Air Force that lets Boeing purchase needed spare parts for the C17, and the Air Force reimburses Boeing for the spare parts purchased, according to the report. "Significant overpayments for spare parts may reduce the number of spare parts that Boeing can purchase on the contract, potentially reducing C-17 readiness worldwide," Storch said.

Note: Learn more about unaccountable military spending in our comprehensive Military-Intelligence Corruption Information Center. For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

An influential doctor and advocate of adolescent gender treatments said she had not published a long-awaited study of puberty-blocking drugs because of the charged American political environment. The doctor, Johanna Olson-Kennedy, began the study in 2015 as part of a broader, multimillion-dollar federal project on transgender youth. She and colleagues recruited 95 children from across the country and gave them puberty blockers, which stave off the permanent physical changes – like breasts or a deepening voice – that could exacerbate their gender distress, known as dysphoria. The researchers followed the children for two years to see if the treatments improved their mental health. An older Dutch study had found that puberty blockers improved well-being, results that inspired clinics around the world to regularly prescribe the medications as part of what is now called gender-affirming care. But the American trial did not find a similar trend. Puberty blockers did not lead to mental health improvements, she said. In the nine years since the study was funded ... and as medical care for this small group of adolescents became a searing issue in American politics, Dr. Olson-Kennedy's team has not published the data. Asked why, she said the findings might fuel the kind of political attacks that have led to bans of the youth gender treatments in more than 20 states, one of which will soon be considered by the Supreme Court. "I do not want our work to be weaponized," she said.

Note: We believe that everyone has a right to exist and express themselves the way they want. Yet we value the health of all beings and the importance of informed choice when it comes to any potentially life-changing medical procedure. For more along these lines, explore summaries of revealing news articles on transgender medicine from reliable major media sources.

The Institute for Policy Studies (IPS) joined Popular Democracy in compiling a 71-page report titled Billionaire Blowback on Housing. The two groups found that a small number of wealthy individuals and their investment arms, who control "huge pools of wealth," have spent some of their vast resources on "predatory investment and wealth-parking in luxury housing." Billionaires and their investment firms, such as Blackstone–now the world's largest corporate landlord–are "taking advantage of the tight low-income rental market, lack of publicly funded affordable housing, displacement after the foreclosure crisis, and inaccessible homeownership to get into the business of single-family and multifamily home rentals, and buying up mobile home parks," the report reads. Blackstone now owns 300,000 residential units across the U.S. and nearly doubled its portfolio in 2021. The housing crisis ... is characterized by record-breaking homelessness in 2023 with more than 653,000 people unhoused; half of tenants paying more than 30% of their income on rent ... and a significantly widened gap between the income needed to buy a house and the actual cost of a home. The number of vacant units in some communities exceed the number of unhoused people. For example, in 2017 there were more than 93,500 vacant units in Los Angeles and an estimated 36,000 unhoused residents, with vacancies treated as "a structural feature of the market thanks to the presence of a small class of wealthy investors who engage in speculative financial behavior."

Note: For more along these lines, see concise summaries of deeply revealing news articles on banking system corruption and financial inequality from reliable major media sources.

The Gates Foundation is a major influencer and funder of agricultural development in Africa, yet there are no avenues to hold the foundation accountable to the communities it influences. Gates Foundation is the main funder of the controversial AGRA program. AGRA rebranded after evidence-based critiques showed that its 15-year effort to expand high-input, chemical-dependent monoculture farming in Africa has failed to provide food security, despite billions in funding from private donors and government subsidies. Critics say the "green revolution" approach is exacerbating hunger, worsening inequality and entrenching the power of outside corporate agribusiness interests in the hungriest regions of the world. AGRA works to transition farmers away from traditional seeds and crops to patented seeds, fossil-fuel based fertilizers and other inputs to grow commodity crops for the global market. The strategy is modeled on the Indian "green revolution" that boosted production of staple crops but also left a legacy of structural inequity and escalating debt for farmers. Evidence suggests that the green revolution has failed to improve health or reduce poverty and has created many problems. These include hooking farmers in a debt cycle with expensive inputs, growing pesticide use, environmental degradation, worsening soil quality, reduced diversity of food crops, and increased corporate control over food systems.

Note: 50 food sovereignty organizations wrote an open letter to Bill Gates on how the Green Revolution has failed to reduce hunger or increase food access as promised. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and income inequality from reliable major media sources.

Big tech companies have spent vast sums of money honing algorithms that gather their users' data and scour it for patterns. One result has been a boom in precision-targeted online advertisements. Another is a practice some experts call "algorithmic personalized pricing," which uses artificial intelligence to tailor prices to individual consumers. The Federal Trade Commission uses a more Orwellian term for this: "surveillance pricing." In July the FTC sent information-seeking orders to eight companies that "have publicly touted their use of AI and machine learning to engage in data-driven targeting," says the agency's chief technologist Stephanie Nguyen. Consumer surveillance extends beyond online shopping. "Companies are investing in infrastructure to monitor customers in real time in brick-and-mortar stores," [Nguyen] says. Some price tags, for example, have become digitized, designed to be updated automatically in response to factors such as expiration dates and customer demand. Retail giant Walmart–which is not being probed by the FTC–says its new digital price tags can be remotely updated within minutes. When personalized pricing is applied to home mortgages, lower-income people tend to pay more–and algorithms can sometimes make things even worse by hiking up interest rates based on an inadvertently discriminatory automated estimate of a borrower's risk rating.

Note: For more along these lines, see concise summaries of deeply revealing news articles on AI and corporate corruption from reliable major media sources.

A US federal appeals court ruled last week that so-called geofence warrants violate the Fourth Amendment's protections against unreasonable searches and seizures. Geofence warrants allow police to demand that companies such as Google turn over a list of every device that appeared at a certain location at a certain time. The US Fifth Circuit Court of Appeals ruled on August 9 that geofence warrants are "categorically prohibited by the Fourth Amendment" because "they never include a specific user to be identified, only a temporal and geographic location where any given user may turn up post-search." In other words, they're the unconstitutional fishing expedition that privacy and civil liberties advocates have long asserted they are. Google ... is the most frequent target of geofence warrants, vowed late last year that it was changing how it stores location data in such a way that geofence warrants may no longer return the data they once did. Legally, however, the issue is far from settled: The Fifth Circuit decision applies only to law enforcement activity in Louisiana, Mississippi, and Texas. Plus, because of weak US privacy laws, police can simply purchase the data and skip the pesky warrant process altogether. As for the appellants in the case heard by the Fifth Circuit, well, they're no better off: The court found that the police used the geofence warrant in "good faith" when it was issued in 2018, so they can still use the evidence they obtained.

Note: Read more about the rise of geofence warrants and its threat to privacy rights. For more along these lines, see concise summaries of deeply revealing news articles on Big Tech and the disappearance of privacy from reliable major media sources.

While you may be feeling the pain from high prices at restaurants and supermarkets, many companies making and selling the products are doing remarkably well. Most have seen their profits jump as they continue raising prices on customers. Some companies say they have no choice but to pass inflationary pain on to consumers. Others, however, acknowledge they are exploiting the inflationary atmosphere to raise prices, or to shrink product sizes. Meanwhile, companies spent billions rewarding investors with stock buybacks. Menu and grocery store prices may remain elevated. In earnings calls, executives detail plans to maintain high prices even as some costs are falling. The companies' net profits are up by a median of 51% since just prior to the pandemic, and in one case as much as 950%. The average American worker has not fared as well: wages are only up 5% since inflation's peak. For the lowest earners, food price increases during the last two years are outpacing wage gains by over 340%. Kroger's CEO told investors in June 2022, "a little bit of inflation is always good for our business", while Hostess's CEO said rising prices across the economy "helps" it profit because they can raise prices to levels that exceed their increased costs. Food prices have increased more than most other industries, federal data shows. While prices in the economy overall have risen by around 16% since mid-2022, families are now paying 19% more for food.

Note: For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and income inequality from reliable major media sources.

Being overweight or obese is a serious, common, and costly chronic disease. More than two in five U.S. adults have obesity. By 2030, nearly one of two adults in the U.S. are projected to be obese. More than 108 million U.S. adults live with obesity and more than 1 billion people are obese around the world. Obesity accounted for nearly $173 billion in medical expenditures in 2019. Recent news that weight loss medications, including GLP-1 receptor agonists like Ozempic and others, are revolutionizing obesity medicine. Some patients lose up to 20 percent of their initial body weight in a year or two on these drugs. Yet a recent lawsuit challenging a top brand heightens concerns about this relatively new class of drugs. More than half of graduating medical students report that the time dedicated to clinical nutrition instruction is insufficient. In a striking study of 115 medical doctors, the majority of participants (65.2 percent) demonstrated inadequate nutrition knowledge, with 30.4 percent of those scoring low having a high self-perception of their nutrition knowledge. The important role of medical doctors in addressing nutrition in clinical practice has been acknowledged by multiple authoritative professional bodies. Ironically, most doctors often lack the knowledge to help a patient eat healthy and to realize the importance of food to wellness. In a contested space filled with commercial interests and influencers, it is critical for a doctor to be a reliable source of evidence-based nutrition.

Note: For more along these lines, see concise summaries of deeply revealing news articles on health and food system corruption from reliable major media sources.

OnlyFans makes reassuring promises to the public: It's strictly adults-only, with sophisticated measures to monitor every user, vet all content and swiftly remove and report any child sexual abuse material. Reuters documented 30 complaints in U.S. police and court records that child sexual abuse material appeared on the site between December 2019 and June 2024. The case files examined by the news organization cited more than 200 explicit videos and images of kids, including some adults having oral sex with toddlers. In one case, multiple videos of a minor remained on OnlyFans for more than a year, according to a child exploitation investigator who found them while assisting Reuters. OnlyFans "presents itself as a platform that provides unrivaled access to influencers, celebrities and models," said Elly Hanson, a clinical psychologist and researcher who focuses on preventing sexual abuse and reducing its impact. "This is an attractive mix to many teens, who are pulled into its world of commodified sex, unprepared for what this entails." In 2021 ... 102 Republican and Democratic members of the U.S. House of Representatives called on the Justice Department to investigate child sexual abuse on OnlyFans. The Justice Department told the lawmakers three months later that it couldn't confirm or deny it was investigating OnlyFans. Contacted recently, a department spokesperson declined to comment further.

Note: For more along these lines, see concise summaries of deeply revealing news articles on sexual abuse scandals from reliable major media sources.

OpenAI on Thursday announced its newest board member: Paul M. Nakasone, a retired U.S. Army general and former director of the National Security Agency. Nakasone was the longest-serving leader of the U.S. Cyber Command and chief of the Central Security Service. The company said Nakasone will also join OpenAI's recently created Safety and Security Committee. The committee is spending 90 days evaluating the company's processes and safeguards before making recommendations to the board and, eventually, updating the public, OpenAI said. OpenAI is bolstering its board and its C-suite as its large language models gain importance across the tech sector and as competition rapidly emerges in the burgeoning generative artificial intelligence market. While the company has been in hyper-growth mode since late 2022, when it launched ChatGPT, OpenAI has also been riddled with controversy and high-level employee departures. The company said Sarah Friar, previously CEO of Nextdoor and finance chief at Square, is joining as chief financial officer. OpenAI also hired Kevin Weil, an ex-president at Planet Labs, as its new chief product officer. Weil was previously a senior vice president at Twitter and a vice president at Facebook and Instagram. Weil's product team will focus on "applying our research to products and services that benefit consumers, developers, and businesses," the company wrote.

Note: For more along these lines, see concise summaries of deeply revealing news articles on AI and intelligence agency corruption from reliable major media sources.

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