bid Archives

Elon Musk and traders make $97.4 billion bid to take management of OpenAI: WSJ

February 11, 2025February 11, 2025realitypostLeave a Comment

Elon Musk and a gaggle of traders have reportedly positioned a $97.4 billion bid to amass OpenAI’s nonprofit arm, escalating his ongoing dispute with OpenAI CEO Sam Altman. As per a WSJ report, the proposal, submitted by Musk’s lawyer Marc Toberoff, challenges Altman’s efforts to transition OpenAI right into a for-profit entity and will considerably […]

NCLAT dismisses appeals, upholds Sapphire Media’s bid for Reliance Broadcast Community

December 24, 2024December 24, 2024realitypostLeave a Comment

The Nationwide Firm Legislation Appellate Tribunal (NCLAT) dismissed a collection of appeals difficult the Nationwide Firm Legislation Tribunal’s (NCLT) determination to approve Sapphire Media’s bid for Reliance Broadcast Community. NCLAT upheld the order of Mumbai bench of NCLT, approving Sapphire Media’s decision plan for Reliance Broadcast, which operates the FM radio model Large 92.7 FM. […]