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Elon Musk urgently seeks to auction OpenAI's stake, pushing for a fair valuation during its corporate restructuring. Details on the ongoing legal battle included.
Northvolt's owners voted to maintain operations while seeking financial backers to resolve its restructuring needs and improve business viability.
Northvolt secures shareholder backing to continue operations after filing for bankruptcy protection to restructure its $5.8 billion debt.
Microsoft plans job cuts focusing on underperforming staff, with details on employee reductions currently undisclosed.
The Washington Post is set to cut approximately 4% of its workforce, affecting nearly 100 positions as part of a broader restructuring effort.
Ligado Networks files for bankruptcy to restructure $7.8 billion debt after blocked 5G expansion plans due to military concerns.
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