Investment
William Ackman’s Pershing Square takes new position in Netflix
Billionaire investor William Ackman has built a new stake in streaming service Netflix Inc worth more than $1 billion since its stock price tumbled starting last Thursday.
Bitcoin investors dig in for long haul in ‘staggering’ shift
As bitcoin heads into 2022, a growing cohort of long-term investors is doubling down on its stashes of the cryptocurrency, hoping a December dip was merely a festive blip.
French startup Swile gets unicorn status with Softbank-led fundraising
Swile has raised additional an $200 million in a capital increase backed by Japan’s Softbank, aiming at expanding its business internationally and beyond corporate benefits s...
EdTech platform Emeritus raises $650 million from SoftBank, Accel, others
Emeritus, an EdTech platform used by some of the world’s top universities and other educational institutions for online courses, has said it raised $650 million in a funding round ...
International investor concerns mount over China’s tech rout
International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China’s top tech stocks and began to seep into currency and deb...
BT takes multi-million pound stake in cyber firm Safe Security
UK telecoms group BT has taken a multi-million pound stake in Silicon Valley cyber risk management firm Safe Security, underlining its ambition to target growth in the sector, the ...
EIB sees up to 10 billion euro investment shortfall in AI and blockchain
The EU’s attempts to catch China and the US in artificial intelligence and blockchain technologies are set to be hobbled by an investment shortfall of as much as 10 billion e...
Squarespace, last valued at $10 billion, sets stage for direct listing
Squarespace has registered roughly 40 million shares for its direct listing in New York later this month, marking another win for advocates of the increasingly popular alternative ...
Microsoft to invest $1 billion in Malaysia to set up data centres
Microsoft Corporation will invest a cool $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the So...
Telegram raises $1 billion through bond sales
Telegram has raised over $1 billion through bond sales to multiple investors, the messaging app’s founder Pavel Durov said on Tuesday.
Blacklisted Chinese businesses eye lawsuits after Xiaomi win
Chinese businesses targeted by an investment ban imposed by former President Trump are considering suing the US government after a federal judge suspended a similar blacklisting fo...
Goldman Sachs restarts cryptocurrency desk amid bitcoin boom
Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with t...
BofA: Big tech-led equity inflows fuelling ‘mother-of-all asset bubbles’
A record rush to ‘big tech’ stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-al...
Goldman Sachs unveils Marcus Invest robo-adviser in consumer push
Goldman Sachs is launching an automated wealth-management platform to invest customer funds across managed portfolios made up of exchange trade funds for stocks and bonds, the lead...
Indian group says minister pledges strict foreign investment rules for e-commerce
A group representing millions of brick-and-mortar retailers in India has said it has received government assurances that stringent changes will be made to foreign investment rules ...
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