Cash Injections
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UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens
Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".
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ChatGPT Writes Essays on Constitutional Law, Taxation, Passes Exams at US Law School
ChatGPT, the chatbot from OpenAI that has taken the internet by storm, has written essays on topics ranging from constitutional law to taxation and torts and passed exams at a US law school. A professor at Minnesota University Law School, gave ChatGPT the same test faced by students, consisting of 95 multiple-choice questions and 12 essay questions...
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Celsius Gets Clearance From Court to Sell Newly Mined Bitcoin Despite DOJ Objection
Bankrupt cryptocurrency lender Celsius Network, which disclosed earlier this week that it was running low on cash reserves, said it has received several proposals to inject cash into the company and won approval from a US judge to sell Bitcoin that it mines.
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World Bank Unveils $93 Billion Boost For Poorest Nations
The World Bank's fund to help the world's poorest nations got a $93 billion injection of cash to help scale up aid for pandemic recovery and other programs, the institution announced Wednesday.
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China's Evergrande Misses Payment Deadline, Car Unit Warns Of Cash Crunch
China Evergrande's electric car unit warned on Friday it faced an uncertain future unless it got a swift injection of cash.
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Afghan Economic Meltdown Would Be "Gift For Terrorists": UN Chief
UN Secretary-General Antonio Guterres appealed on Friday for an injection of cash into Afghanistan to avoid an economic meltdown that would spark a "catastrophic" situation for the Afghan people and be a "gift for terrorist groups."
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Premier League Reform Plan Under Fire From UK PM Boris Johnson
A controversial "project big picture" is likely to concentrate power in the hands of few teams even as it aims at cash injection for struggling clubs.
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Aston Martin's Lifeline Buys Carmaker Time As SUV Hits Road
Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilise the British carmaker whose first sport utility vehicle (SUV) is set to hit the road.
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Elon Musk's Boring Co. Raises $120 Million In First Outside Investment
The investment values the company at about $920 million after the new cash injection, according to a Boring Co. spokesman. The chief investors in the round were 8VC, Vy Capital, Craft Ventures, Valor Capital and DFJ.
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SoftBank, Toyota Said to Be in Talks to Invest $1 Billion in Uber's Self-Driving Unit
The investment would provide a cash injection for Uber's self-driving program that is costing the money-losing startup hundreds of millions of dollars without generating revenue.
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UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens
Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".
-
ChatGPT Writes Essays on Constitutional Law, Taxation, Passes Exams at US Law School
ChatGPT, the chatbot from OpenAI that has taken the internet by storm, has written essays on topics ranging from constitutional law to taxation and torts and passed exams at a US law school. A professor at Minnesota University Law School, gave ChatGPT the same test faced by students, consisting of 95 multiple-choice questions and 12 essay questions...
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Celsius Gets Clearance From Court to Sell Newly Mined Bitcoin Despite DOJ Objection
Bankrupt cryptocurrency lender Celsius Network, which disclosed earlier this week that it was running low on cash reserves, said it has received several proposals to inject cash into the company and won approval from a US judge to sell Bitcoin that it mines.
-
World Bank Unveils $93 Billion Boost For Poorest Nations
The World Bank's fund to help the world's poorest nations got a $93 billion injection of cash to help scale up aid for pandemic recovery and other programs, the institution announced Wednesday.
-
China's Evergrande Misses Payment Deadline, Car Unit Warns Of Cash Crunch
China Evergrande's electric car unit warned on Friday it faced an uncertain future unless it got a swift injection of cash.
-
Afghan Economic Meltdown Would Be "Gift For Terrorists": UN Chief
UN Secretary-General Antonio Guterres appealed on Friday for an injection of cash into Afghanistan to avoid an economic meltdown that would spark a "catastrophic" situation for the Afghan people and be a "gift for terrorist groups."
-
Premier League Reform Plan Under Fire From UK PM Boris Johnson
A controversial "project big picture" is likely to concentrate power in the hands of few teams even as it aims at cash injection for struggling clubs.
-
Aston Martin's Lifeline Buys Carmaker Time As SUV Hits Road
Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilise the British carmaker whose first sport utility vehicle (SUV) is set to hit the road.
-
Elon Musk's Boring Co. Raises $120 Million In First Outside Investment
The investment values the company at about $920 million after the new cash injection, according to a Boring Co. spokesman. The chief investors in the round were 8VC, Vy Capital, Craft Ventures, Valor Capital and DFJ.
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SoftBank, Toyota Said to Be in Talks to Invest $1 Billion in Uber's Self-Driving Unit
The investment would provide a cash injection for Uber's self-driving program that is costing the money-losing startup hundreds of millions of dollars without generating revenue.
