Impact based businesses contribute to positive societal transformation and as a result, find it easier to build a business ...

Decentralized social network organization Mastodon said Monday that it is planning to create a new nonprofit organization in ...

OpenAI would not be the first tech company to adopt the PBC structure. For instance, Anthropic, another San Francisco-based AI company, employs that motif. Meanwhile, non-tech companies like ...

Royalty Pharma said on Friday it would pay about $1.1 billion to acquire RP Management, an organization that manages the healthcare firm's operations, as it seeks to simplify its corporate structure.

OpenAI has detailed its plans for a new corporate structure that would separate its business from being controlled by its nonprofit board. In a blog post shared by the company on social media on ...