Elon Musk will withdraw his $97.4 billion bid for OpenAI’s non-profit arm if the ChatGPT maker stops its conversion into a for-profit entity, according to a court filing. “If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk…
Italian police have launched a series of raids targeting Mafia clans operating in and around the Sicilian capital Palermo. More than 1,200 officers were involved in the operation, which the military Carabinieri force said was aimed at “dismantling” the area’s Mafia. The raids, the biggest for several years, were seen as a bid by Italian…
Italian lender UniCredit‘s “very aggressive, very opaque” bid for Commerzbank has been criticized by Germany’s Finance Minister Jörg Kukies, who stressed that hostile takeovers don’t usually work. “In the government, we need to protect the safety and stability of a systemic banking sector,” Kukies told CNBC Thursday at the World Economic Forum in Davos. “Hostile takeovers…
Various Mercedes-Benz vehicles are assembled in the “Factory 56” production hall. Picture Alliance | Picture Alliance | Getty Images Car manufacturers have a number of ways to mitigate the impact of the European Union’s stricter emissions targets, although analysts say all options are likely to come at a significant cost. The prospect of steep fines for failing…
The US Supreme Court has rejected Trump’s last-minute bid to halt his Friday sentencing in his hush-money criminal case. The president-elect had urged the top court to consider whether he was entitled to an automatic stay of his sentencing, but the justices rejected the application by 5-4. Trump was found guilty of falsifying records to…
Former President Donald Trump arrives at Manhattan Criminal Court, Thursday, May 30, 2024, in New York. Seth Wenig | Via Reuters A New York appeals court judge on Tuesday rejected a request by President-elect Donald Trump to delay his criminal sentencing Friday for his conviction in a case related to paying hush money to a…
Elon Musk was dealt a significant setback in a court fight over his purge of Twitter Inc.’s top executives when he took over the company in 2022. Musk has been fighting legal claims for back pay by thousands of Twitter staff he laid off when he acquired the social media company for $44 billion two…
Oct 27, 2024 07:58 PM IST The girl’s family filed a complaint and alleged that she was sexually harassed by the duo. They tried to kill her but she managed to escape, police said. A 15-year-old girl was allegedly sexually harassed and threatened by two juvenile schoolmates in a village here, police said on Sunday….
