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.
Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.
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
As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.
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.
Hours after entering a trading halt, Rex Airlines has entered voluntary administration, cancelling all flights between major airports.
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.
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.
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.
The stock is on pace for its second-best day on Wall Street ever.
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.