In this photo illustration, the VMware logo is seen on a smartphone and in the background. Chipmaker Broadcom is in talks to acquire cloud service provider VMware, people familiar with the matter told Reuters. Pavlo Gonchar | Lightrocket | Getty Images Chipmaker Broadcom is in talks to acquire cloud service provider VMware, people familiar with the matter told Reuters. Negotiations …
In the tenth annual Disruptor 50 list, CNBC highlights private companies that grew through the ups and downs of the pandemic and are poised to meet increasing economic and consumer challenges. All told, these firms have raised a half-trillion dollars in venture capital. At least 41 are unicorns, with valuations of $1 billion or more – 14 are valued at …
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk hinted that he could seek to renegotiate the price of his Twitter takeover, saying a deal at a lower price wasn’t “out of the question,” Bloomberg reported Monday. Musk reportedly made the comments while speaking at …
Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | NurPhoto via Getty Images Bitcoin exchange Binance’s move to participate in Elon Musk’s $44 billion takeover of Twitter could boost digital currency evangelists’ hopes for the development of a more “decentralized,” crypto-friendly social media platform. Binance plans to invest $500 …
The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s biggest IPO so far. Punit Paranjpe | Afp | Getty Images The dominant player in India’s life insurance market, Life Insurance Corporation, opens its …
White House officials and Democratic strategists are privately worrying about how Elon Musk’s $44 billion hostile takeover of Twitter will affect the 2024 presidential election — especially whether the billionaire will allow former President Donald Trump to return to the platform. Officials within President Joe Biden’s administration are closely watching the deal, according to more than half a dozen advisors …
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images Twitter could be becoming more receptive to a takeover bid from Elon Musk after the billionaire disclosed he has secured $46.5 billion in financing, The Wall …
After a six-year deal-making drought and a long stock-selling streak, Warren Buffett is back with a bang. Source link
A previous wave of U.S. airline consolidation left four airlines in control of more than three-quarters of the U.S. air travel market. Source link
SAM YEH | AFP | Getty Images Arm is set to transfer shares in its renegade China joint venture to a special purpose vehicle owned by parent company SoftBank, according to reports from The Financial Times and Bloomberg on Tuesday which cited people familiar with the matter. Arm currently holds a 47.3% equity stake in Arm China, The Financial Times …
