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Asides

Billionaire Bill Ackman’s Pershing Square withdraws IPO

Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.

  • By Brian Bushard
  • Forbes Staff

Fung’s task: Selling Airtasker equity for airtime

Founder Tim Fung has turned his jobs marketplace, Airtasker, into a household name thanks to shrewd deals giving media companies a slice of the action, but cracking the US hasn’t been quite so simple

  • By Mark Whittaker
  • Forbes Staff

These crypto billionaires are cashing out

As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.

  • By John Hyatt
  • Forbes Staff

Microsoft earnings: Stock tanks as AI business growth worse than expected

A leader in all things technology for decades, the profitable but often plain Microsoft received a jolt over the last two years as analysts declared Microsoft the immediate winner in the AI rave, though it disappointed investors Tuesday.

  • By Derek Saul
  • Forbes Staff

Flights cancelled as Rex Airlines enters voluntary administration

Hours after entering a trading halt, Rex Airlines has entered voluntary administration, cancelling all flights between major airports.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Canva acquires Aussie genAI start-up Leonardo.AI

An Australian generative AI platform that raised $47 million last year has been snapped up by design juggernauts Canva, but the numbers are hush-hush.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Tether’s billionaire CEO is afraid of wasting this ‘once-in-one-hundred-years opportunity’

Paolo Ardoino says that the company has already made more money than he could have ever dreamed. Now he plans to use the company’s balance sheet to replicate its success with digital dollars in the fields of data, artificial intelligence and education.

  • By Steven Ehrlich
  • Forbes Staff

Ultra-wealthy now worth $75 trillion thanks to rallying equities

A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Spotify stock pops 14% to 3-year high—races to first profitable year

The stock is on pace for its second-best day on Wall Street ever.

  • By Derek Saul
  • Forbes Staff

Meet the billionaires banking on an American cricket league

Microsoft CEO Satya Nadella, Reliance chairman Mukesh Ambani, and other deep-pocketed investors worth a collective $126 billion own franchises in Major League Cricket. But launching a new major sports league in the United States has long been a sticky wicket.

  • By Sofia Chierchio - Contributor
Newer Posts 1 2 … 21 22 23 … 75 76 Older Posts
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