OpenAI CEO Sacked, Dosist's Big Move, NYC's Tax Break | Trade To Black

On today’s live episode of the Trade To Black Podcast powered by Benzinga, Shadd Dales, Anthony Varrell and Benjamin A. Smith discuss recent developments and a surprising turn of events. Sam Altman's sudden removal as CEO of OpenAI sent shockwaves through the tech industry. The fallout, including Microsoft CEO Satya Nadella's reaction and the subsequent board contemplations, unfolds in this video. We talk about the behind-the-scenes drama, the pivotal open letter from over 500 OpenAI employees, and the potential implications of this corporate governance saga, which has investors closely watching OpenAI's $87 billion valuation. California-based Dosist, a prominent player in the vaping and fast-acting gummies market, has been acquired by long-time partner Final Bell Holdings International. We dive into the details of the deal, including Final Bell assuming Dosist's debt and the brand's expansion plans into New York, Florida, Canada, and potentially Europe. Governor Kathy Hochul's recent signing of a tax relief measure in New York is making waves. This video breaks down the significance of this law, designed to aid NYC businesses previously unable to benefit from certain federal tax deductions. We talk about the implications for companies, including the change in deductions under Internal Revenue Code 280E. With Mayor Eric Adams supporting the law, discover how this move is a welcomed relief for New York's beleaguered industry, navigating through multiple setbacks and challenges. We continue to keep you informed on the evolving dynamics of this emerging market. Stay tuned for deeper information and market analysis in our upcoming videos! To see more videos of the Trade To Black Podcast click the following: https://www.youtube.com/playlist?list=PLni0KRSCoiAceKtb9z2IdnnmFiVS-ZdpW Subscribe to our newsletter: https://landing.mailerlite.com/webforms/landing/i2l8u5 Add us on: Facebook: https://www.facebook.com/TheDalesReport Twitter: https://twitter.com/TheDalesReport Instagram: https://www.instagram.com/dalesreport Website: https://thedalesreport.com/ The information provided in this video is for educational purposes only and should not be considered as financial or investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. The Dales Report Inc. disclosure policy applies to this video: https://thedalesreport.com/disclosure/ In accordance with an executed agreement between The Dales Report and the aforementioned entity, highlighted either directly or indirectly in the article, The Dales Report has been engaged for a stipulated contractual duration with the purpose of publicly disseminating information pertaining to the aforementioned entity via The Dales Report’s media assets, encompassing its website, diverse social media platforms, and YouTube channel. Compensation for our services involves the receipt of a predefined monetary consideration, which may encompass ordinary shares in instances where monetary compensation was not obtained. In such instances where share compensation was received, The Dales Report hereby asserts the right to engage in the acquisition or disposition of such shares subsequent to the conclusion of the aforementioned contractual period, in compliance with provincial, state, and federal securities regulations.