Category: seats
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El Al to hold back seats for tech businesspeople
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In the coming weeks, El Al Israel Airlines Ltd (level:Ellal) plans to reserve 15 seats on each flight to London (Heathrow), Paris and New York for technology professionals traveling on business. Travel agents will be informed next week of the new scheme designed to provide a solution for business and…
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Activist Elliott seeks 10 board seats at Southwest Airlines (NYSE:LUV)
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Kevin Deitch/Getty Images News Update 9:05 PM: Elliott’s confirmation adds. Activist firm Elliott Investment Management is preparing to launch a proxy battle in Southwest Airlines (NYSE: LUV). The prominent activist fund plans to nominate 10 candidates for the position of director of the airline’s 15-person board, according to a statement…
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Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny
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Microsoft and Apple have withdrawn from their observer seats on OpenAI’s board of directors in response to global regulatory concerns about the relationships between big tech companies and influential AI startups. Microsoft, which has invested $13 billion in OpenAI, has informed the ChatGPT maker that it is resigning “effective immediately”…