The New York Times building Jonathan Torgovnik | Getty Images Activist investor ValueAct has built a 6.7% stake in the New York Times, according to an SEC filing out Thursday, sending shares of the media company up around 10% in afternoon trading. “We are aware that ValueAct has made an investment in the Company,” a […]
The Bank of England is forecasting a long UK recession, lasting right through 2023. Laith Khalaf, AJ Bell’s head of investment analysis, says markets aren’t afraid and investors shouldn’t be either. “Investors can take some consolation from the fact that the Bank of England’s doom-laden forecast barely caused a ripple on the stock market. “That’s […]
It’s also being reported that Khloé Kardashian has split from the private equity investor she was dating. Khloé had reportedly been dating the mystery man since June, but according to an E! News source, things “slowly fizzled out over the last few weeks.” The news comes on the heels of Khloé welcoming her second baby […]
It’s not only that’s trying to force Elon Musk to buy the company for $44 billion. An investor filed a proposed class action lawsuit to try stopping Musk from . Luigi Crispo’s suit accuses Musk of breach of contract and breach of fiduciary duty to Twitter’s shareholders, according to . It claims he offered feeble […]
Anupam Mittal, angel investor and founder of People Group and Shaadi.com is well known for his early investments in successful companies such as Ola Cabs, Druva, BigBasket, and others. In an interview with FE’s Salman SH, he speaks out about the undeniable risk in angel investing and his thoughts about emerging sectors such as Web3, […]
TU IS/iStock via Getty Images DigitalOcean (NYSE:DOCN) remains a compelling pick in the high quality tech universe. The cloud computing platform might not look as cheap as many beaten-down peers, but it has a long growth runway and is already generating free cash flow. The company is competing against the mega-cap tech giants, but its […]
Global VC Firm Decasonic Convenes Top Institutional Investors and Innovators to Midwest region’s largest Web3 event Tweet this Speakers include Deputy Mayor for Economic & Neighborhood Development Samir Mayekar of the City of Chicago, Sam Yagan of Corazon Capital, Rumi Morales of Digital Currency Group, Jason Pritzker of The Pritzker Organization, Ben Weiss of CoinFlip, […]
Oxford Science Enterprises, the investment company backing businesses spun out of Oxford university’s academic research, has completed a £250mn fundraising to support breakthroughs focused on science and technology. The OSE rights issue involving existing and new shareholders cements the company as one of the biggest of its kind in the UK, with assets worth more […]
Chinese regulators are trying to stamp out panic over rising home loan risks at banks as a wave of homeowners join a country-wide mortgage boycott of unfinished houses. Hundreds of thousands of buyers have halted mortgage payments on more than 200 unfinished property projects in China this week, aggravating a property sector crisis that has […]
There’s been a lot going on with Nvidia (NASDAQ:NVDA) lately. First, the company is collaborating with Siemens (OTCMKTS:SIEGY) to develop real-world uses for the metaverse. Second, Nvidia’s components are helping to enable artificial intelligence (AI)-enabled voice and vision applications. On top of all that, a Wall Street expert recently issued an ambitious price target for NVDA […]