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Tag: JAKARTA POST

  • GNI Affirms Operational Continuity Amid Parent Company’s Turmoil

    GNI Affirms Operational Continuity Amid Parent Company’s Turmoil

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    by

    Sophia Martinez
    in

    PT Nickel Gunbuster Industry (GNI) has asserted that its nickel smelter remains operational despite concerns linked to the financial difficulties of its parent company, Jiangsu Delong Nickel Industry Co. GNI is implementing management changes to prepare for future challenges and emphasizes that operations are conducted normally. Despite the recent challenges faced by its parent company,…

  • OpenAI Rejects Elon Musk’s $97.4 Billion Offer Amid Ongoing Disputes

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    Elena Romero
    in

    OpenAI’s board has declined Elon Musk’s $97.4 billion bid, stating the organization is not for sale. This rejection reflects ongoing disputes regarding OpenAI’s shift towards a for-profit model. Musk’s legal team indicated intentions to withdraw the bid unless OpenAI retracts its for-profit plans. The situation highlights the entangled relationships and differing visions of leadership between…

  • Indonesia and Apple Set to Discuss Potential $1 Billion Investment

    Indonesia and Apple Set to Discuss Potential $1 Billion Investment

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    Leo Nguyen
    in

    The Indonesian government will meet with Apple executives on January 7-8 to negotiate local content rules allowing the sale of the iPhone 16. This meeting may lead to Apple investing $1 billion in Indonesia. Industry Minister Agus Gumiwang Kartasasmita expressed hope for direct discussions with a senior Apple representative to resolve ongoing issues. The Indonesian…