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“OpenAI’s pay tops every major tech startup as stock awards hit $1.5M per worker: report” Maybe they should call it Open-Pay-I. OpenAI is reportedly paying its employees more than any major tech startup, showering workers with an average of $1.5 million each in stock-based compensation — a staggering sum that amounts to nearly half of…
“Saks Global headed toward bankruptcy after missing debt payment: report” Saks Global is reportedly headed toward bankruptcy after missing payment for the debt it took on to acquire Nieman Marcus. The largest luxury retailer in the world, whose brands include Saks Fifth Avenue, Bergdorf Goodman and Saks off 5th, missed a $100 million payment to…