Those payments were substantial. Under two stock purchase agreements dated July 16, 2021, SHP agreed to buy 5.5 million shares for US$8.35 million, paying US$5.1 million to Medipure and US$3.3 million to a major shareholder. No shares were issued because a securities regulator’s cease trade order was in effect. SHP later lent Medipure money as well, raising the loan to US$11 million […]
Anthropic says it found multiple incidents in which Claude models gained access to company data without permission. In a blog post on Thursday, Anthropic said it proactively conducted a large-scale review of its cybersecurity systems following an incident last week in which OpenAI models accessed parts of Hugging Face’s live systems. The AI lab, which […]
With new federal guidance out this month, advisors guiding clients through charitable remainder annuity trusts have been reminded to be careful they are managing these strategies correctly and paying all taxes owed, or they will have to make disclosures to the IRS. Processing Content After a donor transfers assets to a charitable remainder annuity trust, […]
Key Points Ongoing tensions with Iran led the U.S. Defense Department to announce on July 27 two seven-year agreements with L3Harris Technologies (NYSE: LHX) and Lockheed Martin (NYSE: LMT) to expand propulsion capacity for Patriot and Terminal High Altitude Area Defense (THAAD) interceptors. The point is to address an ongoing shortage of missile defense systems. […]
A single record of accounts, investments, insurance, and key documents can spare families confusion during emergencies. The financial life of a family is often spread across multiple bank accounts, systematic investment plans ((SIPs), mutual funds, provident funds, insurance policies, credit card statements, digital wallets, trading accounts, property papers, cloud storage, password-protected apps, etc. In many […]
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s factory activity unexpectedly contracted in July, snapping four straight months of expansion […]
The Internal Revenue Service’s Criminal Investigation unit issued a fraud alert Thursday warning about fraudsters who are targeting cryptocurrency holders with convincing fake IRS letters directing recipients to register for a nonexistent “Digital Asset Compliance Portal.” Processing Content IRS-CI noted that the letters do not come from the IRS, and the IRS doesn’t operate a […]
Have you filed and e-verified your income tax return? Today is the last day to file your IT returns. Missing the Income Tax Return (ITR) deadline today is like getting “Hit Wicket” in cricket — a completely avoidable mistake. The Income Tax Department reminded eligible taxpayers that today, 31 July, is the last date to […]
Okta plans to add identity threat detection and response capabilities to its identity management platform by acquiring Permiso Security. The acquisition will add Permiso’s identity risk signals, behavioral analytics and threat detections to Okta’s platform, Okta said in a Thursday (July 30) press release. The transaction is expected to close in the third quarter of […]
LinkedIn is pushing back against lengthy, low-quality posts generated with artificial intelligence, also known as “AI slop,” that users have become accustomed to seeing in their feeds. The career-building and social networking site just added a button that allows users to easily report such content for review. Now, when LinkedIn users scroll through their feed […]