Saturday, September 30, 2023

Elon Musk's X Corp in another legal fight over unpaid rent, this time as plaintiff

X Corp, formerly known as Twitter and owned by Elon Musk, has filed a lawsuit against financial services company Atlas Exploration, seeking to recoup over $713,500 in allegedly unpaid rent and fees for office space in San Francisco. The lawsuit alleges breach of contract and claims that Atlas terminated the sublease agreement early without paying the owed rent and early termination fee.

from Tech-Economic Times https://ift.tt/bJq2QH7

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...