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

China Mobile set to buy stake in Thailand's True Corp: sources
State-owned China Mobile Ltd is poised to buy an 18 percent stake in Thai telecoms group True Corp valued at around $581 million, people familiar with the matter said, in Thailand's first major corpor
Alibaba buys half of Chinese soccer club for $192 million
In a speedy deal hatched over a few drinks, China's biggest e-commerce company Alibaba is buying half of the country's most successful soccer club Guangzhou Evergrande for $192 million.
Twitter acquires mobile advertising startup Namo Media
Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices.
Twitter in talks to buy online music firm SoundCloud: FT
Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing peopl
Facebook acquires mobile data plan firm Pryte
Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
Transeastern Power Trust Announces Closing of Initial Public Offering of Units and Convertible Unsecured Subordinated Debentures
Transeastern Power Trust ("Transeastern" or the "Trust") is pleased to announce it has closed its initial public offering (the "Offering") of 11,045,800 units of the Trust (the "Units") at a price of
Foxconn to buy $390 million stake in Taiwan telecom operator in 4G push
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Ta
Flipkart raises $210 million fresh funding from four investors
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday
South Africa's Telkom takes second shot at IT firm BCX, offers $256 million
South African telecommunications company Telkom (TKGJ.J) made a second stab at buying IT infrastructure firmBusiness Connexion (BCXJ.J) with a 2.7 billion rand ($256 million) offer, seven years after
Microchip to buy Taiwan's ISSC Technologies
Microchip Technology Inc said it would acquire Taiwan's ISSC Technologies Corp, which provides low-powered bluetooth technology for the Internet of Things, in a deal that values the company at about $
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