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 …

Nino Paoli / Bloomberg:
AI chip company Kandou AI raised $225M from SoftBank, Synopsys, and others at a $400M valuation after pivoting from consumer hardware to AI infrastructure  —  Kandou AI, an artificial-intelligence chip company led by a former Goldman Sachs Group Inc. managing director, raised $225 million …

Krystal Hur / Wall Street Journal:
Senators Adam Schiff and John Curtis introduce bipartisan legislation to ban sports betting on CFTC-regulated prediction markets, such as Kalshi and Polymarket  —  Sens. Schiff and Curtis seek to prevent CFTC-regulated entities, including Kalshi and Polymarket, from offering wagers on sports

Bloomberg:
Sources: Sony is nearing an agreement to sell a 51% stake in its home entertainment business to Chinese rival TCL for ~$1B, to be announced as soon as in March  —  Sony Group Corp. is nearing a binding agreement to sell a majority stake in its home entertainment business …

Financial Times:
Addison Lee CEO Liam Griffin says London cab drivers should be protected via “a minimum price” on Waymo's and Tesla's robotaxis to prevent “predatory pricing”  —  Cab drivers should be protected by imposing “a minimum price” on robotaxis offered by Waymo and Tesla to prevent …