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Amazon Investment: Anthropic Receives $2.75 Billion Boost in AI Arms Race
The most recent Amazon investment in Anthropic, is doubling down on its commitment to generative AI. By injecting billions into Anthropic, an AI startup, the tech giant is signaling its…
By Jackie AllenLatest news
Boeing CEO Dave Calhoun Set to Depart Amid Safety Investigations
Boeing CEO Dave Calhoun is poised to exit the company after a flurry of safety incidents. Set against…
By Jackie AllenMcDermott Completes Global Restructuring
In a significant move for the energy industry, McDermott International, headquartered in Texas, has successfully completed its global…
By Rihem AkkoucheKimco Realty sells 10 former RPT properties for $248M
Kimco Realty, a New York-based Real Estate Investment Trust (REIT), made the strategic decision to divest these properties…
By Rihem AkkoucheStanChart £1.4B Sanctions Suit in London Court
In a high-stakes legal showdown, Standard Chartered PLC faced off against a group of investors in a London…
By Rihem AkkoucheTroika Media Can Exit bankruptcy After Settlement And Lender Sale
Troika Media Group Inc., a prominent marketing firm, is poised to exit bankruptcy by the end of this…
By Rihem AkkoucheSkadden Intl Paper’s £5.7B Bid for DS Smith
In a high-stakes move to assert its dominance in the packaging industry, International Paper Co. has unleashed a…
By Rihem Akkouche5th Circuit Blocks Texas Migrant Arrest Law
A contentious battle over Texas’s authority to detain and deport migrants suspected of illegal border crossings faced a…
By Rihem AkkoucheTerraform Faces Uphill Battle in Fraud Suit
Manhattan U.S. District Judge Jed S. Rakoff dealt a blow to Terraform Labs and its creator Do Kwon,…
By Rihem AkkoucheWellspring Announces Closing of $975 Million Continuation Fund
New York-based private equity powerhouse Wellspring Capital Management Group LLC, with guidance from Paul Weiss Rifkind Wharton &…
By Rihem AkkoucheExperian Win In Credit Reporting Suit
In a legal showdown marked by twists and turns, the Eleventh Circuit has ruled in favor of Experian…
By Rihem Akkouche
