A limited liability company (LLC) limits the potential for its members to be personally liable for the LLC's business debts. It features pass-through taxation.

Of all the things you’ll do to get your startup off the ground, choosing the right business structure is one of the most ...

OpenAI is weighing the possibility of changing its corporate structure, multiple sources familiar with the matter told the Financial Times today. The move would reportedly be intended to help the ...

On the Friday after Christmas, OpenAI published a blog post titled "Why OpenAI's structure must evolve to advance our mission." In it, the company detailed a plan to reorganize its for-profit arm into ...

In his decades-long career in tech journalism, Dennis has written about nearly every type of hardware and software. He was a founding editor of Ziff Davis’ Computer Select in the 1990s, senior ...

Forbes contributors publish independent expert analyses and insights. Mark Cohen covers the global legal industry and business reinvention. Untangling the audit and advisory arms would be a big deal.

Warner Bros. Discovery (WBD) announced that its Board of Directors has authorized the company to implement a new corporate structure designed to enhance its strategic flexibility and create potential ...

How OpenAI’s Corporate Structure Works and Why Changing It Matters Your email has been sent OpenAI CEO Sam Altman speaks on the Aug. 7 livestream at which the AI model GPT-5 was announced. Screenshot: ...

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced a new corporate organizational structure designed to reflect the Company’s strategic priorities, including the ...