Business

Dozens of US states sue Meta over harm to children

Dozens of US states on Tuesday accused Facebook and Instagram owner Meta of profiting "from children's pain," damaging their mental health and misleading people about the safety of its platforms.

Business

Spotify swings to profit as user numbers grow

Music streaming giant Spotify on Tuesday said it registered 26 percent growth in active users for the third quarter as it reported a rare quarterly profit.

Business

Philips raises outlook despite sleep machine saga

Dutch medical device maker Philips raised its 2023 earnings outlook on Monday after posting stronger third quarter sales and profits despite a recent setback for its sleep machines in the United States.

Machine learning & AI

Music companies sue Anthropic AI over song lyrics

Universal and other music publishers have sued artificial intelligence company Anthropic in a US court for using copyrighted lyrics to train its AI systems and in generating answers to user queries.

Business

Taiwan's TSMC reports profit drop in third quarter

Taiwan's TSMC on Thursday said profit fell by a quarter in the third-quarter, but said demand was picking up for its advanced semiconductors needed for cutting-edge AI applications.

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Company

Generally, a company is a form of business organization. The precise definition varies.

In the United States, a company is a corporation—or, less commonly, an association, partnership, or union—that carries on an industrial enterprise." Generally, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing."

In English law, and therefore in the Commonwealth realms, a company is a form of body corporate or corporation, generally registered under the Companies Acts or similar legislation. It does not include a partnership or any other unincorporated group of persons.

This text uses material from Wikipedia, licensed under CC BY-SA