The newly proposed structure keeps the nonprofit in control, though Monday’s blog post didn’t go into detail about what exactly that will look like. The company specified that its current for-profit subsidiary will become a public benefit corporation (PBC), which is how its competitors Anthropic and xAI are set up. …
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Late last year, Bell, Blackwell, and Aguilar decided to dust off the old playbook. They commissioned a legal memo that reiterated the power of the attorney general over the irrevocable status of charitable funds and called up their contacts to form a coalition of what is now over 50 community …
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At the storefront event, a man waiting outside told me he’d booked an appointment for 11:30 but noted he was an hour early and wasn’t allowed to come inside yet. He was visiting from Poland and said his boss had attended the party the night before and was “super hyped” …
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At a high-profile event in San Francisco, World announced it is launching a series of Apple-like stores, as well as a partnership with dating giant Match Group.
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