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Sam Altman Denies Rumors Linking OpenAI Executive Departures to Restructuring Plans

World

28 Sep, 2024

Sam Altman Denies Rumors Linking OpenAI Executive Departures to Restructuring Plans


OpenAI CEO Sam Altman has refuted claims linking the recent departures of three senior executives to a planned restructuring of...

BlackBerry's Q2 Earnings Preview: Can Restructuring and Cost Cuts Help Beat Estimates?

Business

26 Sep, 2024

BlackBerry's Q2 Earnings Preview: Can Restructuring and Cost Cuts Help Beat Estimates?


BlackBerry Limited (NYSE:BB) is scheduled to report its second-quarter fiscal 2025 results on September 26th. Investors will be closely watching...

OHL Group Faces Debt Crisis: Bondholder Deadline Extended as Company Seeks Restructuring

Business

17 Sep, 2024

OHL Group Faces Debt Crisis: Bondholder Deadline Extended as Company Seeks Restructuring


Spanish construction giant OHL Group is facing a debt crisis, with the company extending a deadline for bondholders to consent...

Philips CEO Roy Jakobs on AI, Restructuring, and the $5 Billion Respirator Recall

World

17 Sep, 2024

Philips CEO Roy Jakobs on AI, Restructuring, and the $5 Billion Respirator Recall


Philips, a company that once spanned the electronics industry, has undergone a massive transformation, paring itself down to a tight...

NAIT Restructures to Boost Student Enrollment and Industry Connections

World

4 Sep, 2024

NAIT Restructures to Boost Student Enrollment and Industry Connections


The Northern Alberta Institute of Technology (NAIT) has announced a significant restructuring of its academic structure, moving from four to...

Thoughtworks to Go Private in $4.40 Per Share Deal:  Revenue Declines as Company Restructures

Business

7 Aug, 2024

Thoughtworks to Go Private in $4.40 Per Share Deal: Revenue Declines as Company Restructures


Thoughtworks Holding, Inc. (NASDAQ: TWKS), a leading global technology consultancy, announced that it has entered into a definitive merger agreement...

Bankrupt Crypto Lender Genesis Starts Repaying Creditors, Distributing $4 Billion

Technology

5 Aug, 2024

Bankrupt Crypto Lender Genesis Starts Repaying Creditors, Distributing $4 Billion


A subsidiary of Barry Silbert’s Digital Currency Group (DCG) that collapsed during the last crypto winter has started repaying its...

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