VNET Group Inc. agreed to pay almost $5.88 million to resolve investor allegations that the data center company covered up a controlling shareholder’s loan default and the default’s potential effect.
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The unsecured facility, arranged with JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG, matures in March 2027. Once SoftBank’s $30B follow-on investment in OpenAI closes, its cumulative stake will ...
The Apollo Companies plans to build Oasis at Doral. Apollo Companies To continue reading this content, please enable JavaScript in your browser settings and refresh ...
Microsoft plans to change how GitHub Copilot uses your data, and this update directly affects how the tool learns from real users. The company will start training its AI models using interaction data ...
FLINT, MI -- The state has written off a $2.5 million loan made nearly a decade ago to a company that planned to transform plastic from Flint water bottles into auto parts for Tesla Motors. The ...
PORTLAND Ore. (KPTV) - The Made in Old Town manufacturing project announced it will no longer move forward, even after buying multiple buildings through a multi-million dollar loan from publicly ...
The Treasury Department will begin to manage federal student loans in default, taking on a key function of the Education Department as the Trump administration further pushes to dismantle it. The ...
Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted on $181 billion in federal student loans. By Stacy Cowley A record number ...
Student loan borrowers in default will soon face a new collector – the U.S. Treasury. The Department of Education on March 19 announced the Department of the Treasury will take over operations related ...
Morgan Stanley says defaults in private credit could jump toward COVID-era highs. The bank sees loan defaults being driven by AI's disruptive effects on the software sector. Software accounts for ...
Hundreds of GitHub accounts were accessed using credentials stolen in the VS Code GlassWorm campaign. Threat actors have been abusing credentials stolen in the VS Code GlassWorm campaign to hack ...