A $21m hearing healthcare company has gone bust, blaming a fallout with a key supplier for its woes. ASX-listed Nuheara Limited, which specialises in a wireless earbud that allows customers to augment their hearing, announced its move into voluntary administration late on Wednesday afternoon, appointing KPMG administrators to take control of the firm. “The decision…
By Michelle Crouch Co-published with The Charlotte Ledger Every eligible hospital in North Carolina has opted in to Gov. Roy Cooper’s medical debt relief initiative, which promises extra payments to hospitals that agree to forgive old medical debt and beef up their charity care policies, state officials said Monday. The program calls for hospitals to…
OpenAI could be on the brink of collapse with projected losses totaling $5 billion, according to analysis conducted by The Information that drew on previously undisclosed financial information. This means the AI trailblazer could be on track to go bankrupt within the next 12 months, with details from the report putting OpenAI way out ahead…
In a win for BYJU’S’ lenders, the Supreme Court of India has issued an interim order staying the National Company Law Appellate Tribunal’s (NCLAT) decision that had allowed a settlement between the edtech company and the Board of Control for Cricket in India (BCCI) regarding outstanding dues of approximately Rs 158.9 crore. The apex court…
In February 2020, with the race to succeed Jeremy Corbyn as Labour leader heating up, Keir Starmer’s office received a helping hand. Peter Coates, the head of the dynasty behind Stoke-based online gambling company Bet365, donated £25,000 to Starmer’s office. Coates and the Bet365 group had been regular donors to Labour until 2015, to the…
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Gov. Roy Cooper announced Monday that 2 million North Carolinians will have their medical debt forgiven after all the state’s 99 acute hospitals signed up for a landmark program designed to wipe out debt for low- and middle-income patients. The announcement comes after last month’s federal approval of the Cooper administration’s plan to forgive…
BREAKING: MediSecure declares insolvency following massive data breach FTI Consulting has been appointed as voluntary administrators of e-prescription firm MediSecure in the wake of a breach totalling 6.5 terabytes of data in May. Embattled e-prescription service MediSecure has entered into voluntary administration following a data breach in May that saw 6.5 terabytes of patient and…
Regional Express (REX), Media Release, 6 August 2024 Hi there, I’m Sam Freeman, and alongside Justin Walsh, Adam Nikitins, and our team, we have been working to ensure Rex’s regional services continue through – and beyond – Rex’s Voluntary Administration. As we shared on social media last week, we’ve been focused on ensuring our regional…
