TNB Tech Minute: House Oversight Committee Launches Probe Into Sam Altman’s Personal Investments
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 12 May 2026
⏱️ 3 minutes
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| 0:00.0 | Find your perfect home on Realture.com. |
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| 0:22.3 | Based on average new for sale and rental listings July 24th through June 2025. Number one trusted based on August 2025 proprietary survey |
| 0:28.3 | among real estate professionals. Here's your morning TNB Tech Minute for Tuesday, May 12th. I'm Imani |
| 0:36.0 | Moise for the Wall Street Journal. |
| 0:38.8 | CEO Sam Altman's personal investments are coming under intensifying scrutiny from Republicans |
| 0:44.1 | as the company heads towards an initial public offering. |
| 0:47.2 | With the House Oversight Committee launching a probe into potential conflicts of interest, |
| 0:51.1 | on Friday, the committee sent a letter to Altman requesting a briefing from a top |
| 0:55.0 | executive and documents outlining the company's government's practices. Additionally, six GOP |
| 1:00.7 | attorneys general called for a securities and exchange commission review. OpenAI board members have |
| 1:06.4 | said that Altman was always, quote, proactive and transparent about his involvements with other companies. |
| 1:12.6 | News Corp, the owner of the Wall Street Journal, has a content licensing partnership with OpenAI. |
| 1:18.8 | eBay's board has rejected GameStop's unsolicited $56 billion takeover proposal. |
| 1:24.6 | In a letter to GameStop CEO Ryan Cohen, eBay's chairman called the proposal, quote, |
| 1:29.8 | neither credible nor attractive. |
| 1:32.1 | He added that eBay is confident its current management team is well positioned to continue leading the business and drive growth. |
| 1:38.6 | Investors initially cheered the offer news last week with shares of both companies rallying briefly. |
| 1:45.2 | But by this week, GameStop shares had given up all their gains, and eBay shares closed Monday at about $108 a share |
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