Is the future of open source software at risk due to protestware?
SMU Associate Professor Christoph Treude examines the foundations for studies on open-source software and protestware.
Feb 23, 2024
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SMU Associate Professor Christoph Treude examines the foundations for studies on open-source software and protestware.
Feb 23, 2024
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An analysis published in the Journal for International Business and Entrepreneurship Development has looked at the various approaches to cybersecurity and data protection taken by key global players, namely the European Union ...
Feb 21, 2024
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Former employees at Elon Musk's SpaceX have expanded their legal case against the rocket-making company that they accuse of discrimination and sexual harassment.
Feb 7, 2024
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Shopping for groceries is a common activity for many of us, but for visually impaired people, identifying grocery items can be daunting. A team of researchers from the National University of Singapore's School of Computing ...
Feb 5, 2024
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Toyota's chairman said Tuesday he was "ashamed" of recent scandals involving subsidiaries of the Japanese auto giant, as the firm announced record vehicle sales of 11.2 million across its brands last year.
Jan 30, 2024
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The number of people living in urban areas around the world will swell by upwards of 2 billion over the next three decades. Many of those people will need new homes. But building those with conventional materials would unleash ...
Jan 25, 2024
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Apple's iPhone for the first time became the world's biggest selling smartphone after rival Samsung's 12-year run as leader, data showed.
Jan 16, 2024
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Microsoft Corp. is opening up its artificial intelligence assistant to consumers and making the corporate version available to smaller companies as it tries to increase the number of paying customers for the new services.
Jan 16, 2024
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It is no secret that recycling in America is broken: The Environmental Protection Agency estimates that the U.S. has a combined recycling rate of only 32% for materials including glass, plastic, cardboard and paper. That ...
Jan 15, 2024
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Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.
Jan 11, 2024
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A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.
An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders may lose their investments, and employees may lose their jobs, but neither will be liable for debts to the corporation's creditors.
Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations are conceptually immortal but they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However corporations are not living entities in the way that humans are.
Although corporate law varies in different jurisdictions, there are four characteristics of the business corporation:
This text uses material from Wikipedia, licensed under CC BY-SA