Tiger Global Management turned down hundreds of bids for its private assets in recent months because it felt the offers were too low, according to people familiar with the matter.
Chancellor of the Exchequer Jeremy Hunt vowed to scrutinize how businesses pass lower costs through to UK consumers as he announced an “action plan” with regulators to bear down on the cost of living.
In the turbulent confrontation between President Vladimir Putin and Wagner mercenary leader Yevgeny Prigozhin, one key element appeared to be absent – ordinary Russians.
Microsoft Corp. considered acquiring Japanese game publisher Square Enix Holdings Co. as recently as 2019, according to documents from the Federal Trade Commission’s antitrust suit against the software giant.
BlackRock Inc. is betting on the AI boom as it latches onto the promise of productivity gains from artificial intelligence.
Cathie Wood’s ARK Investment Management and digital-asset manager 21Shares amended their application for a US spot-Bitcoin exchange-traded fund to add a surveillance-sharing agreement.
TSG Consumer Partners is weighing options for Backcountry including a sale of the online retailer of outdoor gear and ski apparel, according to people with knowledge of the matter.
The Biden administration plans to tighten export controls announced in October to restrict sales of some artificial-intelligence chips to China, amid growing concerns about selling the technology to a key strategic competitor, people familiar with the matter said.
The stock market saw some choppy action after Jerome Powell downplayed the odds of a recession while signaling the Federal Reserve could potentially hike for two straight meetings, if needed.
Warner Bros. Discovery Inc. is planning to add live programming from CNN to the Max streaming service later this year, according to people familiar with the matter, betting that news can help attract subscribers.
