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Creditors Pressure WeWork to Evaluate Neumann’s Flow Proposal During Bankruptcy Challenges

Allwork

Additionally, court filings allege the firm has negotiated less than a third of its leases and has failed to pay over $40 million in rent — including several million dollars of April rent. The post Creditors Pressure WeWork to Evaluate Neumann’s Flow Proposal During Bankruptcy Challenges appeared first on Allwork.Space.

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Lawsuit Filed Against Open AI Amidst Privacy Concerns

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The lawsuits, filed by Clarkson Law Firm , do not name specific plaintiffs but represent over a dozen individuals. In Europe, the proposed “AI Act” is causing concerns among businesses due to the legislation’s stringent guidelines and hefty fines for non-compliance, according to Worklife.

Filing 264
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Pennsylvania Representatives Propose Bills in Favor of a Four-Day Work Week

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Roni Green (D-Philadelphia) is proposing a bill to reduce the standard workweek for businesses with more than 500 employees — from 40 hours to 32 hours, according to ABC 27. Dave Madsen (D-Dauphin) is proposing a separate bill to create a three-year pilot program for 70 Pennsylvania businesses to implement a four-day workweek.

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DevX Files for IPO, Aiming To Expand As India Flex Space Demand Skyrockets

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As India’s IPO landscape continues to flourish, Ahmedabad-based coworking space provider DevX (Dev Accelerator Ltd) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). DevX’s proposed initial public offering (IPO) consists solely of a fresh issue of 2.47

Filing 264
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New York’s New Rule Forces Companies To Disclose AI-Driven Layoffs

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Governor Kathy Hochul proposed this change during her January 2025 State of the State address. As of now, no companies filing WARN notices in New York have reported AI as a cause for layoffs. The form now includes a checkbox asking if “technological innovation or automation” contributed to the job cuts.

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OpenAI will Move to Dismiss Elon Musk’s Lawsuit Related to AI Ethics and Transparency

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In a dispute that highlights the growing ethical debate in the rapidly advancing field of artificial intelligence, OpenAI has published a company blog post addressing the lawsuit filed recently by Elon Musk , publicly stating, “We intend to move to dismiss all of Elon’s claims.” Last week Musk took legal action against OpenAI , the bleeding edge (..)

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WeWork Keeps Blinders On, Ignoring Unpaid Rents, As It Files To Reject Nine More Leases

Allwork

Feeling pressure from landlords over outstanding January rent payments, WeWork proposed rejecting nine additional leases this week as it continues to navigate through its bankruptcy proceedings. The official court motion, as reported by BisNow , was filed in bankruptcy court on Wednesday.

Filing 147