Spotify shares were up more than 6.8% in pre-market trading Monday morning after news broke that it would lay off roughly 1,500 of its workforce in an effort for the audio streaming service to cut costs amid slowing growth.
A two-year-old venture and advisory firm, Happenco, has closed its first funDing, raising $12 million to invest into early-stage startups.
The always colorful Munger said at his final Berkshire annual meeting that 95% of heirs should follow one simple rule.
Wealthy investment guru Charlie Munger, renowned for amassing vast wealth before joining forces with Warren Buffett at Berkshire Hathaway, passed away at the age of 99.
During a challenging year for startups and financial institutions, these entrepreneurs, traders and investors are navigating tough terrain and making an outsized impact.
The China-based fast-fashion company could go public as early as next year, reports say, despite investigations into its operations.
Cuban joined the show as a guest and eventually became a mainstay by season 3.
Led by former Sequoia partner Michael Abramson, two-year-old Newlands already holds billions in equities like Alphabet, Amazon and Meta. But no one wants to talk.
From cleaning up messes to managing takeovers, these so-called boomerang CEOs have made comebacks to top seats at some of the world’s biggest companies.
Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.