Bill Ackman dealt blow in $64 billion bid for Universal Music Group
The Bolloré Group, a major shareholder in Universal Music Group, urged the record label to reject Bill Ackman’s $64 billion bid, saying it undervalues the company.
The Bolloré Group, a major shareholder in Universal Music Group, urged the record label to reject Bill Ackman’s $64 billion bid, saying it undervalues the company.
Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.
Opinion: Consumers are exhausted by the endless social media scroll. Pinterest’s Xanthe Wells says the best brands are helping people close the app and get back to real life. Two powerful societal shifts are colliding, and instead of cancelling each other out, they’re rewriting the rules of the social media attention economy. On one side: […]
Sam Altman was interviewed by Commonwealth Bank CEO Matt Comyn on Tuesday, where he admitted to being surprised that AI hasn’t stimulated more economic growth.
Alex Zaccaria, the founder of unicorn Linktree, is among the Australian founders aggrieved by proposed changes to the capital gains rate. He believes the Government is well intentioned, but that the result will be more and more Australian startups shifting their centre of gravity to the US.
Airtree co-founder Daniel Petre has problems with the Labor Government’s proposed changes to capital gains taxation, but says “screeds” on LinkedIn won’t solve anything.
Oura is the latest household name to test public markets in what is shaping up to be the busiest year for tech IPOs since 2021.
Michael Biercuk was one of many startup founders who joined Allegra Spender’s roundtable on capital gains tax reform.
Najoh Tita-Reid was tasked with supercharging growth across a $30 billion division of the Mars global conglomerate. Unbeknown to her, AI was running 25 per cent of the race – and outperforming the status quo. She quit to learn the new rules of the road.
The space and AI company’s initial public offering could be valued as high as $2 trillion, which would be the biggest IPO ever.