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China's Ant Group Slapped With Nearly $1 Billion Fine
Business

China's Ant Group Slapped With Nearly $1 Billion Fine

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its

Twitter Chief Elon Musk Tries to Reassure Advertisers
Business

Twitter Chief Elon Musk Tries to Reassure Advertisers

The billionaire says he is receptive to brands’ concerns but will give priority to free speech. Source link

Elon Musk Creates New Artificial Intelligence Company X.AI
Business

Elon Musk Creates New Artificial Intelligence Company X.AI

The name of the new Nevada-incorporated organization suggests a link to the billionaire’s interest in an everything app. Source link

Don't Call Them 'Barbarians at the Gate'
Finances

Don't Call Them 'Barbarians at the Gate'

KKR plans to invest broadly and double earnings as founders Kravis and Roberts prepare to hand off control Source link

India’s Gautam Adani Wants to Redevelop Giant Slum From ‘Slumdog Millionaire’
Business

India’s Gautam Adani Wants to Redevelop Giant Slum From ‘Slumdog Millionaire’

Billionaire’s Adani Properties is expected to get contract to replace narrow streets and shanties of Dharavi in center of Mumbai Mumbai has had plans to

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Business

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link

Google Co-founder, Other Billionaires Are Issued Subpoenas in Lawsuit Over JPMorgan's Epstein Ties
Business

Google Co-Founder, Other Billionaires Subpoenaed in Suit Over JPMorgan's Epstein Ties

Sergey Brin, Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz were asked for information in the U.S. Virgin Islands’ civil suit against JPMorgan Chase. Source link

Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation
Business

Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation

Behind the billionaire’s gamble to turn Twitter into a company worth more than 10 times its current valuation is an idea he has hung on

Google Co-founder, Other Billionaires Are Issued Subpoenas in Lawsuit Over JPMorgan's Epstein Ties
Finances

Google Co-founder, Other Billionaires Are Issued Subpoenas in Lawsuit Over JPMorgan's Epstein Ties

Sergey Brin, Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz are asked for information in U.S. Virgin Islands’ civil suit against JPMorgan Chase & Co. Source