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72 results for Corporate insolvency
The future of the Raleigh bicycle brand has been thrown into uncertainty after its owner, the Netherlands-based Accell Group, began insolvency proceedings following a failed search for a buyer. The development means the…
BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…
In the latest startup news, Vantora raises $100M to build AI-focused companies tailored for industrial giants like Porsche and Alaska Airlines
Science Corporation has received European regulatory clearance for its PRIMA vision-restoring chip, a milestone in the company’s broader strategy to build a sustainable brain-computer interface business
A nonprofit initiative is building open-source AI infrastructure to support endangered languages and provide a public alternative to the closed models controlled by private tech corporations
As the World Cup winds down, questions linger over whether FIFA's orchestration of incompatible corporate sponsorships and soft power interests has tipped the balance too far away from the game's actual magic.
AI is reshaping cybersecurity as attackers automate threats and defenders race to deploy faster machine-led protection.
The Economic Coordination Committee has approved a Rs13 billion supplementary grant for Pakistan Television Corporation, giving the state broadcaster a fresh fiscal lifeline as the new financial year begins, according…
Australian taxpayers could face exposure to millions of dollars in compensation costs if the Christian Brothers cannot meet a wave of abuse redress claims, according to court documents reported by The Guardian World…
Founded by Ritankar Das, Reid Hoffman, and Mark Pincus, AI research lab Prentis is currently in negotiations to raise $100 million, targeting a $1 billion valuation for its specialized computer-use agent technology
H2: High court order deepens Sheffield United ownership dispute Sheffield United’s ownership has been pulled further into legal and regulatory uncertainty after a high court in London issued a winding-up order against…
Peshawar — For years, it's been one of the quieter indignities of growing old in Pakistan: a retiree, well into their seventies or eighties, making yet another trip to the bank just to prove they're still alive, only to…
Chief of staff roles are becoming more common in executive suites as companies look for trusted support in an increasingly complicated business environment. The New York Times Business reports that the position is in…
Leading experts tackle urgent questions on AI's threat to humanity and why companies remain unaccountable amidst these fears about Google and beyond
Synthesia is moving its enterprise product strategy beyond generated videos and into interactive coaching tools designed to test whether training actually works. The British startup has launched Roleplay Sessions, a new…
Teachers across the United States are being pushed to reckon with artificial intelligence in the classroom, and one of the country’s largest labor unions is stepping in with training backed by major technology…
The BBC's latest annual report has placed the broadcaster's most serious challenges in plain view, with funding pressure, changing audience habits and public trust all shaping the debate over its future. The report…
Republican Senator Josh Hawley has accused Mark Zuckerberg's company of relentlessly pursuing whistleblower Sarah Wynn-Williams in an effort to destroy and bankrupt her.
Since 2017, philosopher Iason Gabriel has worked inside Google DeepMind, trying to anticipate and think through AI's impact, as commercial and geopolitical pressures on the field continue to escalate.
IBM is pushing back on the idea that artificial intelligence is killing the mainframe. After a sharp drop in the company’s stock last week tied to warnings about weaker mainframe sales, the message from IBM is that the…
California is among several states suing to block Paramount from acquiring Warner Bros. Discovery, a Hollywood mega-merger that would unite two of the nation's largest movie studios and TV networks.
The Paramount-Warner Bros Discovery merger means more consolidation, one less studio, and inevitable redundancies, dealing a blow to Hollywood's cultural heritage even as it may benefit Tennessee.
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…
Pakistan expects Turkish Petroleum seismic vessels to arrive in the autumn as both countries advance a new phase of offshore oil and gas exploration.