Equity

Mary Ann was off this week, and Kirsten took the lead with Becca Szkutak and Rebecca Bellan in the co-host seats. This episode is packed with deals, antitrust musings, AI and more, so let's get into it! For our first deal of the week,  one of the many lawsuits Musk faces after firing 6,000 Twitter employees after his 2022 takeover was dismissed. The result may be good news for Musk, but it doesn’t eliminate Musk’s legal troubles. Musk is facing at least one other lawsuit from CEO Parag Agrawal, who along with three other former Twitter Inc. executives are seeking $128 million in severance payments from X Corp.  Next up, Rebecca broke down Microsoft’s decision to leave its observer seat on OpenAI’s board, after which the AI company will no longer host observers. The legacy tech giant said it has seen enough progress being made at OpenAI and is “confident in its direction,” but we’re not exactly buying that Microsoft would give up such a coveted spot so easily. We suspect that the decision was fueled by ongoing