Atlassian—the team collaboration software company cofounded by Mike Cannon-Brookes—said Thursday it has agreed to buy video messaging platform Loom for $975 million, betting more work will be done remotely in the future.
Shares of Digital World Acquisition Corp. are down more than 80% from last spring as its merger with Truth Social’s parent company faces increased hiccups.
So far, a small number of the world’s billionaires have publicly stepped up with donations to humanitarian groups working in Israel.
LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.
There are currently only 28,420 centi-millionaires (those who hold US$100 million and above in investable assets) in the world. A new report reveals where the majority live.
Former President Donald Trump responded Monday to being left off of The Forbes 400 list of the richest Americans, levying several false allegations against Forbes.
The man behind the Duty Free Shoppers retail giant who vowed to die with just $2 million to his name died Monday, his foundation announced, after giving away more than $8 billion to educational, health, science and social causes.
Musk bought Twitter almost a year ago for $44 billion.
SpaceX was also hit with a lawsuit from the Justice Department in August alleging it discriminated against asylees and refugees in hiring.
These 24 billionaires lost a combined $43 billion—and their spot among the nation’s wealthiest people.