Terraform Labs has tapped Chris Amani to run the company as co-founder Do Kwon faces charges of fraud.
Most of the company’s bondholders have agreed to accept bonds that are worth less than what they were owed but that are secured against real estate and other assets.
Data breaches through Progress Software’s MoveIt tool are rippling out to companies that don’t themselves use the product.
High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was being pushed to a new home,’ said one builder.
The software company’s pricing of its Copilot AI tool came in well above projections.
Analysts are looking to see the impact of price cuts on the EV maker’s bottom line.
The newly expanded subway may not go everywhere, but for $5 a day it offers a gridlock-free way to get to plenty of great places.
The proposed road map for regulatory reviews, last updated in 2020, includes a focus on tech platforms for the first time.
Draft guidelines target deals involving technology platforms, private-equity practices and harm to workers.
The factory, made possible by government subsidies, could produce nearly half of the electric-car batteries needed in Britain by 2030.