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Asides

Trump’s net worth surges to $7 billion—as Truth Social parent rallies

Shares of Trump Media & Technology Group hit their highest intraday share price since Nov. 6, a week before Trump’s inauguration.

  • By Antonio Pequeño IV

Who is Frank McCourt, the billionaire trying to buy TikTok?

McCourt sold the Los Angeles Dodgers for a hefty sum in 2012. Here’s how he’s been building his business and media empire since, and setting up a consortium to purchase TikTok.

  • By Phoebe Liu

Meta stock rallies, Oracle slides as market reacts to TikTok ban hearing at Supreme Court

Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $10 billion from Larry Ellison’s net worth.

  • By Derek Saul
  • Forbes Staff

‘Brilliant but dangerous’: Andrew Forrest is supporting US-China think tank discussions on AI security

Australian billionaire Andrew Forrest has spent 5 years secretly working to bring together US and Chinese foreign policy experts to find common ground on national security and AI. Here’s what the Brookings Institute consortium has achieved.

  • By Shivaune Field
  • Business Journalist

Meet the little-known billionaire caught up in the Baldoni-Lively scandal

Steve Sarowitz bankrolled It Ends with Us. Now he’s embroiled in a sexual harassment scandal involving some of Hollywood’s most powerful players.

  • By Monica Hunter-Hart

Here are the startups Jeff Bezos invested in last year

The billionaire Amazon founder put early money into Airbnb and Uber. Now he’s placing bets on these AI robotics companies.

  • By Phoebe Liu

Meta blindsided fact checkers with plan to cancel program

Many fact-checkers got less than an hour’s notice that Meta planned to replace the work they do with X-style community notes. Some had signed new contracts just weeks earlier.

  • By Iain Martin

How Jay Graber Is Making Sure Bluesky Never Turns Into Elon Musk’s X

Since Elon Musk torpedoed Twitter, Bluesky has seen a stunning surge. CEO Jay Graber is working on “billionaire-proofing” social media against any similar takeover.

  • By Emily Baker-White
  • Forbes Staff

Why this old-school value investor is betting on Bitcoin

Bitcoin’s breathtaking 2024 performance and its rise above $100,000, has captured the world’s attention. Here’s why one card-carrying value investor is bullish on the volatile digital asset.

  • By Taesik Yoon
  • Forbes Staff

Alcohol stocks drop after surgeon general says it should have cancer warning

Drinking alcohol results in an increased risk of at least seven types of cancer, Vivek Murthy said.

  • By Ty Roush
  • Forbes Staff
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