US fund KKR interested in Italian telecoms giant TIM

The Italian telecommunications company TIM is assessing a non-binding "indication of interest" by the U.S. investment fund KKR to acquire the entire capital share, a potential 11 billion-euro deal.

Business

Game over for Fortnite in China as developer pulls plug

Epic Games pulled the plug on its Chinese version of Fortnite on Monday, with its three-year effort to penetrate the world's biggest gaming market derailed by Communist Party crackdowns against online addiction and the broader ...

Business

Lufthansa pays back German bailout early

German airline Lufthansa said on Friday that it had finished repaying a nine-billion-euro ($10 billon) government bailout that saved it from bankruptcy at the height of pandemic travel curbs.

China's Tencent buys Japanese game designer: report

Chinese games and messaging colossus Tencent Holdings has acquired the Japanese creative studio behind several hit Nintendo Switch titles, a report Friday said, as it seeks to recover from a government crackdown on the gaming ...

Security

Incoming CEO of Israeli spyware firm NSO steps down

The designated chief executive of Israeli tech firm NSO Group is resigning days after being announced, a source close to the company said Thursday, as Palestinian officials claimed its software hacked their phones.

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Government

A government is the body within an organization that has the authority to make and enforce rules, laws and regulations.

Typically, the government refers to a civil government which can be either local, national, or international. However, commercial, academic, religious, or other formal organizations are also governed by internal bodies. Such bodies may be called boards of directors, managers, or governors or they may be known as the administration (as in schools) or councils of elders (as in churches).

Growth of an organization increases the complexity of its government, therefore small towns or small-to-medium privately-operated enterprises will have few officials compared to larger organizations such as multinational corporations which will have multiple interlocking, hierarchical layers of administration and governance. As complexity increases and the nature of governance becomes more complicated,so does the need for formal policies and procedures.

Public sector governance is studied as Public Administration while that in the private sector is studied as Business Administration.

The concept of government has been around since humanity itself where hunter-gatherers would commonly establish tribes high authority and have unique ideals. However, government is not limited to the human species itself as many animals establish groups such as ants, lions, and bees. Although, a common trait of animals, specifically mammals and colony insects are a social caste that may work in a governmental way.

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