Anthropic is asking shareholders to approve a special class of shares that would give CEO Dario Amodei and the company's six other co-founders a combined 50.1% of voting power as the AI company prepares for a potential public offering.
Asset manager VanEck has rated Tokyo-listed Metaplanet as the only 'Bad' company for executive equity compensation among the 10 largest digital asset treasury firms, criticizing the Bitcoin treasury company's stock dilution practices despite recent reform efforts.
South Korea's proposed cryptocurrency ownership regulations could create a governance conflict for Naver Financial's planned acquisition of Upbit operator Dunamu if the company later becomes classified as a holding company, with Fair Trade Act rules clashing with proposed ownership caps.
UK-based AI data center startup Nscale has appointed Fidji Simo, former OpenAI and Meta executive, to its board as the company prepares for an initial public offering. Simo was recruited by board member Sheryl Sandberg and brings Silicon Valley leadership experience to the fast-growing infrastructure company.
Major Novartis shareholder Artisan Partners is demanding board changes and improved dealmaking after the Swiss drugmaker's shares suffered a record fall following three consecutive major clinical trial failures, raising questions about corporate governance and R&D strategy.
Metaplanet CEO Simon Gerovich acknowledged the company failed to adequately explain its Series 10 executive option plan involving 319 million shares and his connection to major shareholder MMXX Ventures, following investor criticism. Shares fell 7.5% to 271 yen despite the response.
AI company Anthropic is preparing for what could be the largest AI IPO in history, with marketing expected to begin in mid-October and listing before the US mid-term elections in November. Investors are demanding detailed revenue metrics while the company's unusual governance structure raises questions ahead of the blockbuster debut.
Bitcoin Core developer Luke Dashjr resigned as chairman and CTO of Ocean Mining Pool, with parent company Mummolin repurchasing his entire equity stake. The split was described as mutual, with both parties citing different visions for Bitcoin mining's future.
Anthropic's revolving credit facility is expected to rise above its roughly $10 billion target as the AI company prepares for a highly anticipated IPO. The company is also preparing to give CEO Dario Amodei and co-founders shares with extra voting power ahead of the public listing.
L3Harris Technologies replaced Christopher Kubasik as chairman and CEO following an investigation into conduct violations. The defense contractor, which overhauled the plane now used as Air Force One, did not provide details on the alleged violations.
N. Chandrasekaran has stepped down as chairman of Tata Sons after nearly a decade leading India's largest conglomerate, following months of reported tensions with Noel Tata. The resignation puts major group initiatives including semiconductor ventures, iPhone manufacturing partnerships, and Air India expansion at risk, though Tata Motors says its investment plans remain unchanged.
Under new CEO Greg Abel, Berkshire Hathaway reduced its massive cash stockpile to $364.7 billion in Q2 2026, investing $10 billion in Alphabet and repurchasing over $7.8 billion in stock since March, while reporting a 16% rise in operating earnings.
Payward, parent company of cryptocurrency exchange Kraken, is enabling holders of its xStocks tokenized equities to participate in corporate governance through proxy voting, partnering with Broadridge to facilitate the integration. The move marks a significant shift from the platform's previous policy where xStocks holders had no voting rights.
UEFA confirmed it made a six-figure departure payment to a female employee during Gianni Infantino's tenure as general secretary, following reports alleging an extramarital relationship. The FIFA president has strongly denied the allegations of inappropriate conduct.
AI company Anthropic announced the appointment of former Federal Reserve Chairman Ben Bernanke to its Long-Term Benefit Trust, an oversight body designed to keep the company accountable to its public mission. The appointment comes as Anthropic expands significantly, leasing 466,000 square feet of office space in Manhattan and hiring Teresa Carlson as global head of public sector, while its valuation reportedly reaches $1.2 trillion on secondary markets.
Chinese tech giant Alibaba has banned its employees from using Anthropic's AI coding assistant Claude Code after an internal security audit identified potential security risks, including concerns about hidden code that could track China-linked users.
OpenAI is in early-stage talks to grant the Trump administration a 5% stake in the company, according to Financial Times reports, as the AI startup seeks to ease mounting political pressure and government scrutiny in Washington.
SoftBank founder Masayoshi Son announced plans to remain CEO for another decade or more, abandoning his retirement plan and setting a bold $6.189 trillion net asset value target built on AI promises.
SpaceX made the largest stock market debut in history with a valuation exceeding $1.77 trillion, making CEO Elon Musk the world's first trillionaire. The IPO marks a major milestone after nearly 25 years as a private company, though Chinese investors were banned from participating.
Microsoft has limited internal employee access to Anthropic's newly released Claude Fable AI model, citing concerns about data retention policies. The restriction comes shortly after Anthropic launched Claude Fable, described as its first Mythos-class AI model.
Senator Elizabeth Warren urged the Securities and Exchange Commission to pause SpaceX's initial public offering, citing potential risks to retail investors from valuation and governance issues. The request came one day before order books closed on what would be the largest listing in history.
Anthropic declared all unauthorized secondary trades of its stock void on May 11, a move that crypto lawyer Gabriel Shapiro warned could trigger significant litigation under Delaware law. The announcement came as the company's implied pre-IPO valuation reached $1.4 trillion in on-chain markets.
Warner Bros Discovery shareholders voted to approve the company's proposed $110 billion merger with Paramount Skydance, one of the largest media consolidations in history. The deal now faces regulatory scrutiny in Washington and London.
Anthropic CEO Dario Amodei publicly refused to comply with Pentagon demands for unrestricted access to its AI models, saying the company would rather lose its War Department contract than allow its technology to be used for mass domestic surveillance or fully autonomous weapons.