Corporations

UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire

Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.


Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...

Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media

Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...

Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days

Trump Media shares closed almost 26% higher on Thursday...


Latest News

Dynegy cuts exposure to wholesale power with deals worth $6.25 billion
Power company Dynegy Inc (DYN.N) said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets, sending its shares up
Germany gives nod to RWE unit sale to Russian investor: sources
Germany's economy ministry will approve the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people
Citigroup seeks to exit Japanese retail banking
Citigroup Inc (C.N) is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regu
Australia's Telstra buys video platform company Ooyala for $270 million
Australia's largest telecommunications company Telstra Ltd said on Tuesday it had paid $270 million to buy out Silicon Valley-based video platform company Ooyala as part of a deeper push into digital
Russia's Trellas invests $30 million in VidMind
Israel-based VidMind has just received $30 million in financing from Trellas, one of Russia's largest independent retail groups, which has already invested over $30 million in Vidmind.
Memblaze to use $20 million from Series C to fund research and development of new generation flash memory products
Chinese news reports that Beijing based-Memblaze has completed Series C funding with $20 million. Investors include Bertelsmann Asia Investments, Israel's Infinity Group, ZTE Corporation's Ding Xing F
Cloud solutions company Bitglass gets further $25 million in Series B from investors
Backed by Norwest Venture Partners, New Enterprise Associates (NEA), SingTel Innov8 of the SingTel Group, and an undisclosed global bank, Bitglass reportedly received additional $25 million in Series
Retention Science's "retention marketing technology" gets $7 million in Series A
Retention Science managed to raise $7 million in Series A funding, backed by Upfront Ventures, and earlier investors including Baroda Ventures, Forerunner Ventures, Mohr Davidow Ventures as well as so
Vectra Networks gets a total of $42.8 million after recent Series C funding
Vectra Networks managed to raise additional $25 million in its Series C funding from existing investor Accel Partners and other investors, including AME Cloud Ventures, IA Ventures and Khosla Ventures
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