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Search resuls for: "MNC"


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Raised stakes in a firearms takeover contestA battle over Vista Outdoor, the company behind top ammunition brands like Remington and Camelbak water bottles, is escalating — and national security is becoming a bigger factor in the fight. MNC is offering $37.50 a share for all of Vista, up from a bid of $35 last month and 16 percent higher than where Vista’s stock closed on Friday. In a letter to Vista’s board reviewed by DealBook, the investment firm reiterated that it had lined up financing for its offer, despite questions by Vista about how solid those commitments were. Vista rejected MNC’s previous offer, saying a planned breakup of itself would be more valuable for shareholders. (Vista has agreed to sell its ammunition business to CSG for $1.9 billion, leaving its nonfirearm division, Revelyst, as a stand-alone public company.)
Persons: DealBook, Vista Organizations: Vista, Remington, MNC Capital, Czechoslovak, MNC, CSG Locations: U.S, Vista
Reaction to Sam Altman's return as OpenAI CEO
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +4 min
Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen Acquire Licensing RightsCompanies Openai LLC FollowNov 22 (Reuters) - OpenAI said on Tuesday it had reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom. THRIVE CAPITAL, OPENAI SHAREHOLDER"OpenAI has the potential to be one of the most consequential companies in the history of computing. "Sam Altman seems awfully powerful and it is unclear that any board would be able to oversee him. Altman and (Microsoft CEO) Nadella may have pushed to allow Altman a much freer hand."
Persons: Sam Altman, Amir Cohen, OpenAI, DANNI HEWSON, BELL, Altman, DANIELA HATHORN, Altman's, Greg, Brockman, ChatGPT's, would've, SUSANNAH STREETER, HARGREAVES LANSDOWN, Sam Altman's, KELVIN WONG, MAK, Nadella, hasn't, Supantha Mukherjee, Ankika Biswas, Bansari Mayur, Aditya Soni, Miyoung Kim, Nivedita Organizations: Microsoft, Tel Aviv University, REUTERS, BANK, OpenAI, MNC, OF, UNIVERSITY OF, UNIVERSITY OF SINGAPORE BUSINSS, Thomson Locations: Tel Aviv, Israel, UNIVERSITY OF SINGAPORE, OpenAI, Stockholm, Bengaluru
Twitter users are divided over whether Gen Z workers are demanding too much in job interviews. Experts warn Gen Z to research their industry before making demands about work-life balance. The post, which has more than 700,000 views, sparked a social-media debate about Gen Z behavior at work. She added: "Imagine having work life balance but hating the 5 hours of work you have to do or the people you have to work with." Industries like finance and banking that traditionally have intensive hours are less likely to look kindly on open demands for work-life balance.
Persons: tweeting, Zer, Gen, Sameera Khan, Khan, Balance, Insider's Alexandra York, Josée Rose, Steven Sibley Organizations: Service, Twitter, MNC, Industries, Indiana University's Kelley School of Business Locations: Wall, Silicon, India
Trump's Indonesia partner launches tourism complex on Java
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +2 min
JAKARTA, March 31 (Reuters) - Indonesian property firm PT MNC Land (KPIG.JK) launched on Friday a 1,040 hectare (2,570 acre) tourism complex on Java island, where former U.S. President Donald Trump's company will operate a hotel and a golf course. It was not clear whether the Trump Organization would also benefit from tax breaks, which include a tax holiday for corporate tax for 10 to 20 years based on the investment value. MNC Land said it fully owned the project in Lido, which includes a movie studio called Movieland, while the Trump Organization will operate an 83-hectare golf course opening this year and a five-star hotel. Indonesian tycoon and chairman of MNC Group, Hary Tanoesoedibjo, has said Movieland will become a creative hub and Indonesia's version of Hollywood. The Trump Organization is also partnering with MNC on another project in Bali.
Former workers who were told they'd get jobs at the new hotel are still jobless, AFP reported. A view of the luxury Nirwana Golf Resort in Bali, Indonesia, before it was demolished. The director of MNC's property arm told AFP that the project has been delayed by "financial matters." DICKY BISINGLASI/AFP via Getty ImagesDwi told AFP that it was "hard" when she lost her job without payment in 2017. "I got stressed thinking about how I would earn money because I have children," she told AFP.
Ministrul apărării naționale, Nicolae-Ionel Ciucă, a ținut astăzi, la sediul MApN, o conferință de presă în care a prezentat un raport de activitate după primul an de mandat și în care a prezentat suma obținută de România prin offset. În prezentarea sa, ministrul Apărării a insistat pe faptul că domeniile prioritare de acțiune ale mandatului său s-au referit la achizițiile în programele esențiale de înzestrare și la consolidarea profilului și a credibilității în cadrul NATO și UE. Pe aceeași linie, ministrul spune că MApN a acționat pentru respectarea angajamentelor asumate în context aliat și a întreprins acțiuni pe linia creșterii calității vieții personalului militar și civil. Ciucă a mai anunțat achiziționarea, până la finalul anului, a 250 de vehicule Duster, varianta militară, pentru suma de 32 milioane de lei. Un titlu de glorie își face MApN și din consolidarea profilului și a credibilității în cadrul NATO și UE, unde este menționată dezvoltarea parteneriatului cu SUA prin semnarea Foii de parcurs dedicată cooperării la nivelul apărării pentru perioada 2020-2030.
Persons: Nicolae, Ionel Ciucă, Nicolae Ciucă, Ciucă Organizations: MApN, Apărării, NATO, UE Locations: România, BUCUREȘTI, SUA, străinătate, UE
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