Forever 21 creditors face large losses under bankruptcy plan
By Nicholas P. Brown (Reuters) - Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions paltry recoveries on de...
OpenAI names members to its nonprofit commission
(Reuters) - ChatGPT maker OpenAI named members to its newly formed nonprofit commission on Tuesday, which will guide the company’s philanthropic efforts. Microsoft-backed OpenAI in D...
Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse
By Jaiveer Shekhawat (Reuters) -Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States, more than a year after a $20 ...
