Silicon Valley moguls used to buy yachts and islands. Now they are rich enough, and perhaps arrogant enough, to acquire companies they fancy. Source
Author: David Streitfeld
Twitter's most famous banned user, former President Donald Trump, applauded the platform's new ownership by billionaire Elon Musk, who previously said he doesn't believe in permanent suspensions....
World's richest man Elon Musk plans to assume the role of chief executive officer at Twitter Inc. as he completes the $44 billion acquisition of the social media giant. He will hold the role of CEO...
“PE firms are sitting on the sidelines, but strategic investors are looking at solid valuations in high-growth brands.” Kroll a provider of services and digital products for valuation,...
Shell PLC said on Thursday that it is beginning a $4 billion share buyback program over the next three months to reward investors, as the energy giant reported its latest "robust" profits....
Credit Suisse CS -1.03% Group AG is nearing a deal to sell its securitized-products group to heavyweight investors Apollo Global Management Inc. APO -0.31% and Pacific Investment Management Co. as...
Credit Suisse plans to raise $4bn from investors, cut thousands of jobs and shift its focus from investment banking towards rich clients as the bank attempts to put years of scandals behind it....
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