Sometimes, companies pick CEOs based on carefully laid succession plans designed to maximize investor confidence and future performance.
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Sony sold just 1.5 million PS5 consoles in its most recent fourth fiscal quarter, down 46 percent year over year.
The week leading up to Thanksgiving 2023 was the AI industry's biggest soap opera moment. OpenAI CEO Sam Altman was abruptly ousted from his role at the ChatGPT maker. The explanation?