Company Ownership
- All
- News
- Videos
-
Musk Suggests Late Twitter Disclosure Was A Mistake, Seeks To End Lawsuit
Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.
-
Wix Launches AI-Powered Mobile App Builder That Can Create Apps With Text Prompts
Wix launched a new AI-powered chatbot for its mobile App Builder platform on Wednesday. The cloud-based no-code platform development company introduced artificial intelligence (AI) tools to its app-building platform just months after introducing its AI-powered end-to-end website development tool. The platform not only lets users create a branded ap...
-
This Millionaire Transferred Ownership Of His Firm To 700 Employees, Here's Why
Mr Moore had established a unique ownership structure for his natural food firm. Rather than selling out to a food conglomerate, he gave his 700 employees full ownership of the company.
-
How Elon Musk, Richest Man In The World, Earned His First $1 Million
Mr Musk's ownership share in electric vehicle manufacturer Tesla and his holdings in SpaceX and the Boring Company are responsible for his startling increase in fortune.
-
Valve Is Not Discouraging the Use of AI, but Will Reject Games That Use Copyright-Infringing AI Assets: Report
Valve isn’t discouraging the use of AI-generated assets in game development, but won’t approve games that contain AI-generated art that infringes copyright laws. Reports from last month claimed that the PC gaming giant was denying games with AI-generated assets, sparking the assumption that the company was against it. Valve has now come forward...
-
China Denies Asking Firms to Share Overseas Data Amid Multiple TikTok Bans
China insisted Friday it does not ask companies to hand over data gathered overseas, as the Chinese-owned TikTok faces mounting calls for a ban in the United States. Pressure is building on the massively popular video-sharing app — owned by the Chinese firm Bytedance — to obtain new ownership or lose access to the enormous US market.
-
FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital
Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.
-
Uber Earned Profits in 2022 as Demands for Airport, Office Rides Increased in Post-Pandemic World
Uber Technologies said on Wednesday it would focus on delivering profits this year, after rounding off 2022 with blowout earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. The rideshare market is benefiting from a return to normal and a rise in car ownership costs, which is pushing many to opt...
-
Public Sector Firms To Remain Exempt From Shareholding Norms: Centre
The exemptions from the minimum public shareholding (MPS) norm will be valid for a "specified period" even if there is a change in ownership or control after the exemption is granted, the notification said.
-
Sanjiv Kapoor To Remain CEO-Designate Of Jet Airways
Grounded carrier Jet Airways on Monday said Sanjiv Kapoor remains the CEO-designate of the company till the airline's ownership is transferred to the consortium by the lenders.
-
Elon Musk's 2-Year-Old Son Ran Around Twitter Headquarters, Played With Toys During Talks: Report
The day Elon Musk took ownership of Twitter, the tech billionaire brought his 2-year-old son X AE A-Xii with him to intense talks at the company's headquarter's in San Francisco, US.
-
Elon Musk to Find New Leader to Run Twitter, Jack Dorsey Says No to Return
Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organisational restructuring this week. Musk made the remarks while testifying in a Delaware court.
-
Elon Musk Said to Have Assured EU Chief to Abide by Online Content Policing Rules for Twitter
Elon Musk has assured the European Commission that Twitter will continue to abide by tough European rules on illegal online content policing now the social network has passed under his ownership, EU sources said on Monday. In May this year, EU industry chief Thierry Breton met Tesla boss Elon Musk in Texas and the two signalled agreement on EU di...
-
Elon Musk Denies Reports He Is Firing Twitter Employees in Attempt to Avoid Payouts
Twitter's new owner Elon Musk has denied a New York Times report about laying off Twitter employees at a date earlier than November 1 to avoid stock grants due on the day. The report said that Musk has ordered job cuts across the company, with some teams to be trimmed more than others.
-
Saudi's Kingdom Holding Company To Maintain Twitter Stake
Saudi Arabia's Kingdom Holding Company and the private office of Prince Alwaleed Bin Talal said on Friday that they will continue their ownership of Twitter shares valued at $1.89 billion after Elon Musk's takeover of the social media company.
-
Musk Suggests Late Twitter Disclosure Was A Mistake, Seeks To End Lawsuit
Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.
-
Wix Launches AI-Powered Mobile App Builder That Can Create Apps With Text Prompts
Wix launched a new AI-powered chatbot for its mobile App Builder platform on Wednesday. The cloud-based no-code platform development company introduced artificial intelligence (AI) tools to its app-building platform just months after introducing its AI-powered end-to-end website development tool. The platform not only lets users create a branded ap...
-
This Millionaire Transferred Ownership Of His Firm To 700 Employees, Here's Why
Mr Moore had established a unique ownership structure for his natural food firm. Rather than selling out to a food conglomerate, he gave his 700 employees full ownership of the company.
-
How Elon Musk, Richest Man In The World, Earned His First $1 Million
Mr Musk's ownership share in electric vehicle manufacturer Tesla and his holdings in SpaceX and the Boring Company are responsible for his startling increase in fortune.
-
Valve Is Not Discouraging the Use of AI, but Will Reject Games That Use Copyright-Infringing AI Assets: Report
Valve isn’t discouraging the use of AI-generated assets in game development, but won’t approve games that contain AI-generated art that infringes copyright laws. Reports from last month claimed that the PC gaming giant was denying games with AI-generated assets, sparking the assumption that the company was against it. Valve has now come forward...
-
China Denies Asking Firms to Share Overseas Data Amid Multiple TikTok Bans
China insisted Friday it does not ask companies to hand over data gathered overseas, as the Chinese-owned TikTok faces mounting calls for a ban in the United States. Pressure is building on the massively popular video-sharing app — owned by the Chinese firm Bytedance — to obtain new ownership or lose access to the enormous US market.
-
FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital
Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.
-
Uber Earned Profits in 2022 as Demands for Airport, Office Rides Increased in Post-Pandemic World
Uber Technologies said on Wednesday it would focus on delivering profits this year, after rounding off 2022 with blowout earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. The rideshare market is benefiting from a return to normal and a rise in car ownership costs, which is pushing many to opt...
-
Public Sector Firms To Remain Exempt From Shareholding Norms: Centre
The exemptions from the minimum public shareholding (MPS) norm will be valid for a "specified period" even if there is a change in ownership or control after the exemption is granted, the notification said.
-
Sanjiv Kapoor To Remain CEO-Designate Of Jet Airways
Grounded carrier Jet Airways on Monday said Sanjiv Kapoor remains the CEO-designate of the company till the airline's ownership is transferred to the consortium by the lenders.
-
Elon Musk's 2-Year-Old Son Ran Around Twitter Headquarters, Played With Toys During Talks: Report
The day Elon Musk took ownership of Twitter, the tech billionaire brought his 2-year-old son X AE A-Xii with him to intense talks at the company's headquarter's in San Francisco, US.
-
Elon Musk to Find New Leader to Run Twitter, Jack Dorsey Says No to Return
Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organisational restructuring this week. Musk made the remarks while testifying in a Delaware court.
-
Elon Musk Said to Have Assured EU Chief to Abide by Online Content Policing Rules for Twitter
Elon Musk has assured the European Commission that Twitter will continue to abide by tough European rules on illegal online content policing now the social network has passed under his ownership, EU sources said on Monday. In May this year, EU industry chief Thierry Breton met Tesla boss Elon Musk in Texas and the two signalled agreement on EU di...
-
Elon Musk Denies Reports He Is Firing Twitter Employees in Attempt to Avoid Payouts
Twitter's new owner Elon Musk has denied a New York Times report about laying off Twitter employees at a date earlier than November 1 to avoid stock grants due on the day. The report said that Musk has ordered job cuts across the company, with some teams to be trimmed more than others.
-
Saudi's Kingdom Holding Company To Maintain Twitter Stake
Saudi Arabia's Kingdom Holding Company and the private office of Prince Alwaleed Bin Talal said on Friday that they will continue their ownership of Twitter shares valued at $1.89 billion after Elon Musk's takeover of the social media company.
