Tag: bankruptcy
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US states seek children’s data protections in Character.AI bankruptcy
Oct 14 : A group of 40 state attorneys general on Wednesday urged a US bankruptcy judge in Delaware to protect young users of Character.AI and keep their data safe during the AI companion company’s bankruptcy.Character.AI filed for bankruptcy late on Monday and is seeking to use its Chapter 11 case to resolv
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Character.AI files for bankruptcy, agrees to sell some assets for $20 million
Oct 12 : Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million.Here are some details about the bankruptcy and sale proceedings:• Character.AI said it has begun the formal process to sell assets, including a l
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Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million
Oct 12 : Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends to continue operating as it completes the sale.
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Police probe interior design firm Axion Design after complaints over stalled renovations, missing furniture
Some affected customers are owed tens of thousands of dollars, while others say they had to live in homes with unfinished renovation works.
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LIV Golf files for bankruptcy protection
LOS ANGELES: LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA and triggered bitter divisions within the sport, filed Tuesday for bankruptcy protection.The filing at a New Jersey court indicates the organisation, which lost its deep-pocketed Saudi investors earli
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LIV Golf files for Chapter 11 bankruptcy in New Jersey
Sept 8 : Professional men’s golf league LIV Golf filed for Chapter 11 bankruptcy in New Jersey on Tuesday, saying it intended to restructure its business with a $49.6 million bankruptcy loan provided by the Public Investment Fund of Saudi Arabia.The company has between $500 million and $1 billion in liabilit
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LIV Golf prepares for bankruptcy filing in September, FT reports
Aug 31 : LIV Golf may file for bankruptcy protection as soon as the week of September 7, the Financial Times reported on Monday, citing people briefed on the negotiations. Last week, the professional men’s golf league said it had laid off most of its workforce while it continued to secure funding for its next
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