1. Some AI companies face a new accusation: Open washing. An accusation against some A.I. companies that they are using the “open source” label too loosely. – Read More on the New York Times
2. Richemont overhauls chief executive role as it navigates luxury downturn. The group, which is chaired by its controlling shareholder Johann Rupert, said Nicolas Bos, the head of its jewellery brand Van Cleef & Arpels, would take up the position on June 1. – Read More on the FT
3. A Model for Expanding Your Business into Foreign Markets. Cultural differences are greater today than they were 40 years ago, which explains why some major corporations have failed in their recent efforts to establish a foothold in new countries. – Read More on HBR
4. Consumer conceptions about luxury are changing. “People are tired of broadcasting their logos all over the place. There’s a certain amount of understatedness to demonstrating that you’re wealthy or that you want luxurious things.” – Read More on the Drum
5. UK’s CMA rejects probe into Microsoft-Mistral AI tie-up. Britain’s competition watchdog said on Friday it would not investigate the $16M partnership between Microsoft and Mistral AI, weeks after it invited views on the tie-up. – Read More on Reuters