PRESS DIGEST- New York Times business news - May 23
May 23 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- OpenAI unveiled plans on Thursday to build a massive computing complex in the United Arab Emirates, the new facility is part of a joint venture with OracleORCL.N , NvidiaNVDA.O, SoftBank9984.T,Cisco CISC.CD and G42.
- The Federal Trade Commission on Wednesday opened an investigation into Media Matters, a liberal advocacy organization that has published research on hateful and antisemitic content on X.
- Laurene Powell Jobs cut just under 30 employees at Emerson Collective last week, in one of the first widespread layoffs at the philanthropy.
- A former senior partner at McKinsey & Company, Martin Elling was sentenced on Thursday to six months in prison for destroying records that shed light on the firm’s role in the national opioid crisis.
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