U.K. Government to Ban For-Profit Ticket Resale: Report
Europe’s largest music market will soon be announcing a ban on ticket resale for profit, elating music fans while roiling investors in secondary ticketing…
Tag: forprofit
OpenAI Gives Microsoft 27% Stake, Clears Path to For-Profit
OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly a year…
OpenAI completes its for-profit recapitalization
OpenAI on Tuesday said it had completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a…
OpenAI Edges Toward Becoming a For-Profit Company
Good morning. OpenAI is getting closer to becoming a for-profit company. Former Brazilian president Jair Bolsonaro is sentenced to 27…
OpenAI secures Microsoft’s blessing to transition its for-profit arm
OpenAI announced Thursday that it reached a non-binding agreement with Microsoft, its largest investor, on a revised partnership that would…