Business
Three multinational giants—General Electric, Johnson & Johnson and Toshiba—this week announced plans to split into multiple companies, joining a trend the firms hope will provide more growth opportunities.
Nov 13, 2021
0
26
Business
Federal regulators say they are cracking down on "an explosion" of businesses' use of fake reviews and other misleading messages to promote their products and services on social media.
Oct 14, 2021
0
42
Machine learning & AI
Toshiba Corporation has developed the world's most accurate highly versatile Visual Question Answering (VQA) AI, able to recognize not only people and objects, but also colors, shapes, appearances and background details in ...
Sep 15, 2021
0
8
Business
E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping's campaign to spread China's prosperity more evenly, adding to pledges by tech companies that are under pressure to pay ...
Sep 3, 2021
0
16
Security
Some of the country's leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses and to train skilled workers, the White House announced Wednesday following President ...
Aug 26, 2021
0
66
Internet
University of Arkansas English professor Adam Pope and his colleague at San Jose State University examined lax oversight of advertising on Facebook during the 2016 political campaign and found a systematic bias toward ad ...
Jul 29, 2021
2
250
Business
G7 countries that make up lucrative markets for US tech giants have moved closer to a plan to squeeze more tax money from the coffers of Amazon, Apple, Facebook and Google.
Jun 11, 2021
0
3
Electronics & Semiconductors
Toshiba Corporation has developed a prototype triple-gate IGBT that reduces overall power loss by up to 40.5% when switching on and off (switching losses), the process of allowing and stopping electricity flow, in power semiconductors ...
Jun 2, 2021
0
4
Business
The fast-growing video-sharing app TikTok named a new top executive Friday who will keep his responsibilities at Chinese parent firm ByteDance.
Apr 30, 2021
0
7
Business
Amazon will increase pay between 50 cents to $3 an hour for more than half a million workers on its fulfillment, delivery and sorting teams, the US tech giant announced Wednesday.
Apr 29, 2021
0
6
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
