The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- OpenAI allowed current and former employees to sell up to $30 million in shares, with more than 600 making $6.6 billion collectively.
- Apollo Global Management APO.N has held talks to sell MidCap Financial Investment MFIC.O, its publicly listed business development company focused on private credit.
- SoftBank Group’s 9984.T telecommunications arm, SoftBank Corp 9434.T, on Monday said it will build large-scale battery cells and storage systems for the Japanese market, in partnership with South Korea-based battery company Cosmos Lab and AI firm DeltaX Co.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))