OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, ...

NEW YORK, Dec. 12, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that its Board of Directors has authorized the Company to implement a new corporate ...

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank is pleased to announce a new structure within its Commercial Bank that builds upon the organization’s successes and continues to position the firm for ...

OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware’s and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free ...

A major argument in favour of corporate trustees is the application of the ATO’s SMSF penalty regime, a leading industry figure has said.

OpenAI is weighing the possibility of changing its corporate structure, multiple sources familiar with the matter told the Financial Times today. The move would reportedly be intended to help the ...

The mind-spinning developments at OpenAI since Friday are a cautionary tale for the legion of companies that have become interested in mixing traditional business with altruism, a prominent corporate ...

OpenAI and Microsoft sign non-binding deal for PBC restructure; nonprofit gains $100B stake to fund AI development.

Argantic has taken a decisive step, reclaiming its independence as a fully Level 2 BEE entity. This move isn’t just about ownership, it’s about making a clear statement: clients come before corporate ...

Ellington Credit Company's CLO-focused CEF offers a 17% yield, unique European exposure, dynamic hedging, and strong risk ...

In the world of philanthropy, businesses and corporations are uniquely positioned to make a positive impact. They often have practice in uniting a team around a mission, using existing resources to ...