Natalie Lung / Bloomberg:
London-based luxury ride-hailing app Wheely launches in NYC, aiming to compete with Uber Elite; Wheely reports ~1,250 corporate accounts and ~100K active riders  —  Luxury ride-hailing app Wheely is making its debut in the US, presenting competition to Uber Technologies Inc. and Lyft Inc. …

Reuters:
Sources: OpenAI is offering private equity firms a guaranteed minimum return of 17.5% and early access to new models to secure JVs, beating Anthropic's terms  —  ChatGPT maker OpenAI is offering private-equity firms a sweeter deal than rival Anthropic as both artificial intelligence companies …

Bloomberg:
Sources: EA is selling a $15B debt package to fund its $55B take-private deal led by Saudi Arabia's PIF, including nearly $700M in projected annual cost savings  —  For Electronic Arts Inc.'s prospective debt investors, Battlefield 6 and Skate aren't just two of the video-game maker's most popular titles.

Olivia Solon / Bloomberg:
Leonid Radvinsky, the reclusive billionaire owner of OnlyFans parent company Fenix, died at 43 from cancer; he acquired a majority stake in OnlyFans in 2018  —  Leonid Radvinsky, the reclusive billionaire owner of adult content platform OnlyFans, has died of cancer, the London-based company confirmed on Monday.

Suzanne Vranica / Wall Street Journal:
OpenAI hires Dave Dugan, a former top ad executive at Meta, to lead ad sales, reporting to COO Brad Lightcap; Dugan stepped down as a Meta VP earlier in March  —  The AI company seeks stronger ties with brands to boost its nascent ad business  —  OpenAI has hired Dave Dugan …