stake
Viacom18 Stake to be Acquired by Reliance from Paramount Global for More than $500M
“Masayoshi Son of SoftBank Aims for $100 Billion to Launch Revolutionary AI Chip Enterprise”
Verdane Invests $65M in Meltwater: The Rising Media Monitoring Startup
Kakao Pay Takes Over US Brokerage Firm Siebert
Siebert Financial offers brokerage and investment advisory services to individuals and institutional clients. Kakao Pay hopes that by investing in Siebert Financial, the company can expand its reach even further…
Uber Offloads $400M from Careem Super App Investment
The new startup, Careem Super, will focus on providing ride-hailing and microtransportation services through innovative technology. The company is backed by Emirates Telecommunications Group Company, one of the world’s largest…
Slice Raises Over US$110M with Bank Investment to Expand its Fintech Reach in India
The acquisition of a 5% stake in the Indian bank North East Small Finance signals that the unicorn fintech startup is keen to expand its footprint in the country. The…
Ford Cuts Losses, Offloads Majority of Rivian Stake After $7.3B Write-Down
Ford Motor Company’s stake in Rivian, the electric vehicle maker, has been dropping steadily since May 2022. Ford’s stake in Rivian is now at 1.15% or 10.5 million shares, which…
Elliott Management Takes Stake in Salesforce – No Rest Provided To Business Leaders.
Elliott Management is not interested in just influencing the company’s decision-making; it wants to take over management. If successful, this would likely be a sign that Salesforce is losing its…
BlackRock Invests in SMB 401(k) Provider Human Interest
BlackRock, an investment powerhouse, announced on Friday that it is taking a minority stake in Human Interest – a venture-backed fintech startup. The company is leading the financing round for…