Author: maitken

Technology giants Microsoft (MSFT) and Apple (AAPL) have each given up their board seats at privately held OpenAI amid growing regulatory scrutiny of artificial intelligence (A.I.).Microsoft, which has invested $13 billion U.S. in OpenAI, had a non-voting observer seat on OpenAI’s board of directors, which it has now rescinded. Apple was to take up a similar role on OpenAI’s board but has decided against the move.The departures of Microsoft and Apple mean that OpenAI, the company behind the ChatGPT chatbot, will have no observers on its board moving forward. The decisions by Microsoft and…

The Winnipeg Fire Paramedic Service (WFPS) responded to a fire at a vacant Winnipeg home for the third time in the span of eight months.

B.C. buyers who backed out of home purchase ordered to pay more than $350K in damages  CTV News Vancouver

In the muck, beneath a mobile home, volunteers with a veteran-led disaster response group, clear mud and debris after flash floods hit a small B.C. community hard just over a week ago.

“The current heatwave has caused strain on HVAC systems in certain Hudson’s Bay locations,” the organization said in a statement. It says they are working to resolve the problem.

The Winnipeg Blue Bombers are back in action Friday at Princess Auto Stadium – and the Blue and Gold are hoping fans don’t come empty-handed.

Several picnic shelters at Mohawk Park have been closed to the public so the city can determine their structural integrity. A public notice issued by the city on Tuesday said shelters A, B, C, D, and E, 51 Lynwood Dr. have been closed as a precautionary measure following “reported concerns.” “Members of the public are […]

British Columbia’s premier says the province worked with the federal government to change its bail rules, so he is not sure why a man with a long and violent criminal history was released from jail weeks before the stabbing death of a woman in her Surrey, B.C., home.

A new report says the average asking rent for a home in Canada reached $2,185 in June, up seven per cent compared with a year ago despite representing the slowest annual rate of growth in 13 months.

Last year was “a banner year” for shareholder activism, with at least 47 Canadian companies targetted by activists in 2023, “well in excess of even pre-pandemic levels of activity,” Davies law firm notes. Directors’ and officers’ insurance underwriters will no…The post Shareholder activism: An emerging risk for D&O insurers appeared first on Canadian Underwriter.