Therefore, corporate management must use a thorough and prudent process for establishing a company’s target capital structure. The capital structure is how a firm finances its operations and ...

On the Friday after Christmas, OpenAI published a blog post titled "Why OpenAI's structure must evolve to advance our mission." In it, the company detailed a plan to reorganize its for-profit arm ...

Last year, Iger unveiled a plan to cut 7,000 employees as part of a “strategic realignment” of the company that was instituted in multiple phases with staffers being cut across a number of ...

Warner Bros. Discovery, led by CEO David Zaslav, has become the latest Hollywood studio to rework its corporate structure with an eye toward a possible spinoff of its legacy TV assets. Warners on ...

OpenAI is shaking up its corporate structure to bring in new investors and accelerate the development of artificial general intelligence (AGI). During a Monday press call, OpenAI announced it is ...

Stephen Diamond, a corporate governance professor at Santa Clara University, told TechCrunch there’s a very narrow path to OpenAI becoming a public company under its newly proposed transition plan.

Publicly, OpenAI has said it needs to secure more investment, and that its current structure is holding it back. "We once again need to raise more capital than we'd imagined," OpenAI wrote in ...

Corporate employees at Walmart and Sam’s Club, the company’s warehouse chain, will be reclassified into fewer groups of possible job titles with some pay changes taking effect in November ...

Prior to the OpenAI disaster, questions about the corporate governance of AI seemed obscure. But it’s now clear that the structure of AI companies has vital implications for who controls what ...

McDonald’s has about 45,000 employees in the U.S., including in its corporate offices and in its stores. It is the latest company to announce layoffs in 2023.

OpenAI’s operating agreement states without ambiguity, “Microsoft has no board seat and no control.” Today, OpenAI’s corporate structure—according to OpenAI itself—looks like this.