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• SC restores Karnataka land, says government can acquire only for public purpose

  The Supreme Court of India ruled that the Karnataka government can only acquire land for public purposes and must provide just compensation to landowners. In a landmark decision, the court quashed a 1988 acquisition of 59 acres of land near Bengaluru by the state government for a cooperative housing society, restoring the land to its owners after 38 years. The court held that the entire process of land acquisition was fraudulent and directed the state government to pay Rs 50,000 to all litigant landowners who had…

  1 min read
• Anthropic's S-1 shows a governance structure that suits a "fun quirky little mission-driven worker cooperative" seeking to raise billions as a public company (Matt Levine/Bloomberg)

  Anthropic, a mission-driven worker cooperative aiming to raise billions as a public company, has unveiled its S-1 filing with a governance structure that aligns with its fun and quirky nature, designed to appeal to investors while maintaining the cooperative ethos. This structure is a significant step towards its goal of going public, offering a glimpse into the company's plans and values.

  1 min read
• LIV Golf appoints former TaylorMade CEO Mark King as senior adviser

  LIV Golf has appointed Mark King, former TaylorMade CEO, as its senior advisor, adding to the league's efforts to emerge from bankruptcy and restructure its ownership model. King's expertise in innovation and leadership will be crucial as LIV navigates its comeback.

  2 min read