Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Industry
Red Lobster Goes Bankrupt After $20 Unlimited Shrimp Offer Backfires
Red Lobster has filed for Chapter 11 bankruptcy protection, citing high operational costs and an unprofitable unlimited shrimp promotion. It plans to transfer control to its lenders with $100 million in financing from Fortress Investment Group.
OpenAI CEO Sam Altman Is 'Embarrassed' Over Company's Threat to Revoke Equity if Exiting Employees Refuse to Sign NDA
OpenAI CEO Sam Altman has been embarrassed by the company's policy of threatening to revoke vested equity from exiting employees who refused to sign a non-disclosure and non-disparagement agreement.
McDonald's Adds New 'Grandma McFlurry' to Its Dessert Menu for Limited Time
McDonald's is introducing a new limited-time dessert called the "Grandma McFlurry" to honor and celebrate grandmothers.
Blue Origin's New Shepard Rocket Flies Humans Again After 2022 Mishap
Blue Origin launched its first human spaceflight in two years after an uncrewed flight in 2022 forced the company to postpone its human spaceflights.
Latest News
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
The EU has sought for more information about Microsoft's risk report on its generative AI tools.
Will Tesla shareholders approve Elon Musk's $56 billion compensation package? DETROIT, MI - JANUARY 13: Elon Musk, co-founder and CEO of Tesla Motors, speaks at the 2015 Automotive News World Congress January 13, 2015 in Detroit, Michigan.
There has been a speculation that Apple is developing a slimmer iPhone alongside its iPhone 17 by September 2025.
After disbanding the OpenAI risk team, its former leader blasted the AI company. Here's what he said.
The worsening cocoa crisis is making huge headlines across the world. Tony's CEO Douglas Lamont blames the long-term underpayment of farmers for the issue.
Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death
Krispy Kreme is planning to expand its reach by selling donuts in more McDonald's branches and other restaurants abroad.
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
