Restructuring
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"Apne 2 Is Not Shelved", Confirms Producer Deepak Mukut: "People Need To Stop Spreading Unverified Rumours"
The sequel, which was earlier announced with Dharmendra, Sunny Deol, Bobby Deol and Karan Deol, has been undergoing creative restructuring
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Pakistan Cricket Board Hands Sarfaraz Ahmed Full Responsibility Of Shaheens, U-19 Setup
Former Pakistan captain Sarfaraz Ahmed has been handed full responsibility for overseeing the Pakistan Shaheens and Under-19 teams, marking a significant restructuring move by the Pakistan Cricket Board.
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Meta’s Chief AI Scientist Yann LeCun Reportedly Planning Exit to Become a Startup Founder
Meta may soon lose a key AI leader, with reports claiming Chief AI Scientist Yann LeCun is preparing to leave the company. As per a report, LeCun has informed colleagues of his plan to exit in the coming months and has already met investors about a potential startup. The move follows Meta’s shift toward AGI and restructuring that placed LeCun und...
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600 Paramount Skydance Employees Quit After CEO Enforces Strict Return-To-Office Rule
Around 600 Paramount Skydance employees have resigned after new CEO David Ellison enforced a strict five-day return-to-office policy following the companys $8 billion merger.
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Education Ministry Withdraws Order To Restructure Panjab University Senate
The move comes as a major relief for students who had been demanding continuation of the existing structure of Panjab University's senate, one of the oldest university governance systems in the country.
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OpenAI Turns to Amazon in $38 Billion Cloud Services Deal After Restructuring
OpenAI has entered a seven-year agreement with Amazon worth $38 billion to purchase cloud services, after last week's restructuring that granted it more autonomy. The deal provides OpenAI access to hundreds of thousands of Nvidia GPUs, essential for training and operating its AI models, including ChatGPT, as it accelerates its artificial intelligen...
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Inequality Making World More Prone To Pandemics: UN Report
The report called on world leaders to increase pandemic preparedness by investing in "social protection mechanisms" within their countries while also tackling global inequality, including through debt restructuring for developing countries.
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Man Quits Toxic Company, Claims Management Now 'Begging' Him To Stay: 'Trust Broken'
A marketing head at a medium-sized company in India quit after the bosses restructured the salary without any discussion.
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Viral X Post Exposes Amazon Layoff's Human Toll: "He Bragged, Now He's Struggling"
The post highlights the cascade of effects that layoffs bring from psychological distress to long-term career disruptions and family financial strain.
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'Will Spend $1.4 Trillion': Sam Altman As OpenAI Restructures To Chase Scale
Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a new technological revolution.
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OpenAI Creates Its For-Profit Entity, Signs New Deal With Microsoft Defining AGI Clause
OpenAI has finalised its corporate restructuring, officially forming the OpenAI Group Public Benefit Corporation (PBC), which will be overseen by the non-profit OpenAI Foundation. The foundation, now holding equity worth about $130 billion, will direct $25 billion towards healthcare and cybersecurity. Alongside this, Microsoft and OpenAI have redef...
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Microsoft Keeps 27% Stake As OpenAI Gains Freedom In Restructured Deal
Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence partnership, giving both companies greater independence while maintaining their close collaboration.
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Tata Motors To Be Named Tata Motors Passenger Vehicles, Effective October 24
Tata Motors restructures into two entities; Tata Motors Passenger Vehicles listing to go live from October 24.
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Amazon To Lay Off Up To 15% Of HR Staff Amid AI-Driven Restructuring: Report
CEO Andy Jassy has emphasised AI's central role in Amazon's future, driving efficiency and automation.
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Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restori...
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"Apne 2 Is Not Shelved", Confirms Producer Deepak Mukut: "People Need To Stop Spreading Unverified Rumours"
The sequel, which was earlier announced with Dharmendra, Sunny Deol, Bobby Deol and Karan Deol, has been undergoing creative restructuring
-
Pakistan Cricket Board Hands Sarfaraz Ahmed Full Responsibility Of Shaheens, U-19 Setup
Former Pakistan captain Sarfaraz Ahmed has been handed full responsibility for overseeing the Pakistan Shaheens and Under-19 teams, marking a significant restructuring move by the Pakistan Cricket Board.
-
Meta’s Chief AI Scientist Yann LeCun Reportedly Planning Exit to Become a Startup Founder
Meta may soon lose a key AI leader, with reports claiming Chief AI Scientist Yann LeCun is preparing to leave the company. As per a report, LeCun has informed colleagues of his plan to exit in the coming months and has already met investors about a potential startup. The move follows Meta’s shift toward AGI and restructuring that placed LeCun und...
-
600 Paramount Skydance Employees Quit After CEO Enforces Strict Return-To-Office Rule
Around 600 Paramount Skydance employees have resigned after new CEO David Ellison enforced a strict five-day return-to-office policy following the companys $8 billion merger.
-
Education Ministry Withdraws Order To Restructure Panjab University Senate
The move comes as a major relief for students who had been demanding continuation of the existing structure of Panjab University's senate, one of the oldest university governance systems in the country.
-
OpenAI Turns to Amazon in $38 Billion Cloud Services Deal After Restructuring
OpenAI has entered a seven-year agreement with Amazon worth $38 billion to purchase cloud services, after last week's restructuring that granted it more autonomy. The deal provides OpenAI access to hundreds of thousands of Nvidia GPUs, essential for training and operating its AI models, including ChatGPT, as it accelerates its artificial intelligen...
-
Inequality Making World More Prone To Pandemics: UN Report
The report called on world leaders to increase pandemic preparedness by investing in "social protection mechanisms" within their countries while also tackling global inequality, including through debt restructuring for developing countries.
-
Man Quits Toxic Company, Claims Management Now 'Begging' Him To Stay: 'Trust Broken'
A marketing head at a medium-sized company in India quit after the bosses restructured the salary without any discussion.
-
Viral X Post Exposes Amazon Layoff's Human Toll: "He Bragged, Now He's Struggling"
The post highlights the cascade of effects that layoffs bring from psychological distress to long-term career disruptions and family financial strain.
-
'Will Spend $1.4 Trillion': Sam Altman As OpenAI Restructures To Chase Scale
Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a new technological revolution.
-
OpenAI Creates Its For-Profit Entity, Signs New Deal With Microsoft Defining AGI Clause
OpenAI has finalised its corporate restructuring, officially forming the OpenAI Group Public Benefit Corporation (PBC), which will be overseen by the non-profit OpenAI Foundation. The foundation, now holding equity worth about $130 billion, will direct $25 billion towards healthcare and cybersecurity. Alongside this, Microsoft and OpenAI have redef...
-
Microsoft Keeps 27% Stake As OpenAI Gains Freedom In Restructured Deal
Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence partnership, giving both companies greater independence while maintaining their close collaboration.
-
Tata Motors To Be Named Tata Motors Passenger Vehicles, Effective October 24
Tata Motors restructures into two entities; Tata Motors Passenger Vehicles listing to go live from October 24.
-
Amazon To Lay Off Up To 15% Of HR Staff Amid AI-Driven Restructuring: Report
CEO Andy Jassy has emphasised AI's central role in Amazon's future, driving efficiency and automation.
-
Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restori...
