this post was submitted on 18 Nov 2023
175 points (92.3% liked)

Technology

57567 readers
3394 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
enu@lemm.ee
fry@fry.gs
L3s@fry.gs
enu@lemmy.world
L4s@fry.gs
L4s@lemmy.world
175
Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman (www.axios.com)
submitted 9 months ago by morrowind@lemmy.ml to c/technology@lemmy.world
45 comments fedilink hide all child comments
 

Satya just released a statement https://blogs.microsoft.com/blog/2023/11/17/a-statement-from-microsoft-chairman-and-ceo-satya-nadella/

you are viewing a single comment's thread
view the rest of the comments
[–] jaycifer@kbin.social 3 points 9 months ago

Company A was created independently. In a sense, it owned itself. After a while Company A decided it needed capital or a close business partner. Company A told company B "We will sell you a 49% share of our company for capital and close business relations." Company B accepted. Now what happened to the other 51%? They're still with Company A, so we can say that Company A owns shares of itself.