Investment
Features
FeesSafety
Academy
More
Pluang+

LinkedIn co-founder Reid Hoffman to leave Microsoft board to focus on AI cancer startup

Market News
05 Jun 2026
NYTimes
View Source
Neutral
pluang ai news

Reid Hoffman, co-founder of LinkedIn and a key figure in Microsoft's partnership with OpenAI, will not seek re-election to Microsoft's board this year. Hoffman cited his desire to focus on a startup he co-founded that is advancing AI technology for cancer treatment as the reason for his departure. Microsoft confirmed his decision is amicable and unrelated to any disagreements with company management. Hoffman will remain on the board until the annual meeting, typically held in December.

More News (MSFT)

Jim Cramer warns Big Tech rally may be driven by optimism, not fundamentals.

Jim Cramer warns Big Tech rally may be driven by optimism, not fundamentals.

Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...

Market News
Neutral
4 hours ago
Microsoft patches critical security bug in Age of Empires II allowing remote takeover

Microsoft patches critical security bug in Age of Empires II allowing remote takeover

Microsoft fixed a major security vulnerability in the remastered Age of Empires II that could let hackers take control of a victim's computer by sending a malicious game invite. The flaw, discovered with AI assistance, allowed remote code execution i...

Market News
Neutral
8 hours ago
Class action deadlines set for investors in ERAS, NNOX, MSFT, and BRCB over alleged misleading statements.

Class action deadlines set for investors in ERAS, NNOX, MSFT, and BRCB over alleged misleading statements.

Law Offices of Howard G. Smith has announced deadlines for investors to file lead plaintiff motions in securities fraud class actions against Erasca, Nano-X Imaging, Microsoft, and Black Rock Coffee Bar. The lawsuits allege these companies made false...

Market News
Bearish
10 hours ago
State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...

Market News
Bullish
11 hours ago
Microsoft issues record 570 security patches, aided by AI to find more vulnerabilities.

Microsoft issues record 570 security patches, aided by AI to find more vulnerabilities.

Microsoft released a record 570 security patches for Windows, Office, and other products, citing AI assistance in uncovering more software vulnerabilities. Among these are two zero-day flaws actively exploited by hackers, including one affecting Wind...

Market News
Neutral
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App