plunges
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Petersen Health Care files bankruptcy following a cyberattack on its systems and defaults on government-backed loans. The Illinois-based company, known for its extensive network of nursing homes across the United States, sought refuge under Chapter 11 protection in a Delaware bankruptcy court, burdened by a staggering $295 million in debt.
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Everything seemed resolved in the grotesque situation that has been experienced with the dismissal of Sam Altman by OpenAI and his subsequent signing by Microsoft, but nothing of that. As revealed in Wired, a surprise mutiny aboard the artificial intelligence company threatens to leave it without 70% of its staff.
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Shares in troubled Chinese property giant Evergrande in Hong Kong plummeted more than 80 percent on Monday after it resumed trading – Copyright AFP STRINGER