Computer Sciences

Data science and artificial intelligence for the public good

The Federal Statistical Office (FSO) is joining forces with the Swiss Data Science Center, a joint venture between the two federal institutes of technology, to encourage the use of data science and artificial intelligence ...

Automotive

Lotus looks to an electric future with Alpine deal

A co-operation deal between British sports car maker Lotus and Alpine, owned by French giant Renault, is driven by a need to share supply chains and production facilities.

Business

China orders removal of 105 apps, including TripAdvisor

Companies including the Chinese arm of TripAdvisor Inc. have been ordered by regulators to overhaul their mobile phone apps in what the Chinese government said is a crackdown on pornography and other improper content.

Business

Pandemic delays Yahoo Japan, Line merger past October

Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandemic is causing delays that will push back their merger to later than the scheduled October date.

Automotive

Fiat Chrysler swings to loss as virus hits production, sales

Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...

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Joint venture

A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.

The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.

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