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...The new owner was originally cloaked by his limited liability company, but Son was revealed to be the buyer a few months after the purchase by the Los Angeles Times....
...Companies linked to the drug lost a combined $40bn in value in days. Pharma groups contest the lab’s results and practices....
...According to a filing in Delaware, where Anthropic is incorporated, it has two classes of stock, one of which carries 10 times the voting rights of the other....
...The company has also started the first, limited tests of some generative AI features in its main search engine, showing AI-powered overviews of a small number of topics to some users the US and UK....
...“We’ll of course review the report, but our analysis of the sites and limited information already shared with us did not identify ad revenue being shared with a single sanctioned entity,” said Dan Taylor...
...While Randox currently provides testing materials to NHS labs, it is not doing any work on its behalf. But it is likely to benefit from a trend of more Britons paying for healthcare....
...Breaches of those provisions, however, are typically capped at a small dollar amount and any liability is typically directed at the company itself....
...Once you do that, limited liability goes out the window, and a creditor has free rein to claim the assets of a firm owned by the debtor....
...Apollo has recent history in taking a run at publicly traded UK companies, although it has had limited success in getting deals done....
...As a guest on an entrepreneurship podcast, he lamented the shareholders of his company who would not countenance him selling down his stock, describing his periodic divestitures as the equivalent of “sucking...
...The new owner’s identity was initially cloaked by his limited liability company. The Los Angeles Times revealed a few months after the purchase that Son was the buyer....
...a stately but cramped courtroom to make their case to Sam Glasscock, a longtime vice-chancellor of the Delaware Court of Chancery....
...One thing to start: The head of Lazard in Sweden has been charged with aggravated bribery linked to a takeover of a Swiss company by engineering group Atlas Copco....
...the first ever made by a private company....
...First, China’s property sector has a lot of debt! (And not only in “that’s a big number” terms, that’s relative to GDP as well.) From the bank: USD 8.4tn (Rmb 58tn) of property sector debts....
...I’ve been busy this week writing a long piece about the failure of the UK to capitalise on the ‘benefits of Brexit’ that have been actively promoted by ministers, like lab-grown meat and other ‘novel foods...
...He emphasised that Apollo seeks to match its assets and liabilities from a duration point of view, unlike most banks, which borrow short and lend long....
...But prising boardroom doors open remained tough for a new firm with a limited record....
...Remember when they had no liability for crashes and claimed it was impossible for them to take responsibility? Then they were forced to, and we got seat belts. They are coming online, too, I suspect....
...word of caution around one of your banking ‘fixes’ / From Steve H Hanke and Matt Sekerke, Johns Hopkins University, Baltimore, MD, US Limited liability is crux of the moral hazard problem / From Charles...
...emerald in the lab”....
...The court could set that effort back if it rules against Twitter, increasing the potential liability for not blocking illegal content....
...In scale and significance, the digital economy is now impossible to ignore....
...As Ray testified to a House Committee on Financial Services hearing on December 13: “Nothing against QuickBooks. It’s a very nice tool, just not for a multibillion-dollar company.”...
...in its operations and does not depend on limited raw materials or the vagaries of wind and sunshine....
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