Sources: Trump Media and Technology Group aims to raise $2B in fresh equity and another $1B via a convertible bond to buy cryptocurrencies such as bitcoin
US president's administration and family have become staunch advocates for digital assets — Antoine Gara, Oliver Barnes and George Steer in New York, Arash Massoudi in London
Sources: the US FTC plans to investigate allegations that Microsoft is abusing its market power in productivity software to prevent customers from leaving Azure
Unfortunately for big tech, JD Vance is a big fan of Lina Khan and has described here as “doing a pretty good job” so the election is unlikely to be a respite from FTC investigations. … X: Daniel Newm...
How Bristol-based Hargreaves Lansdown became the UK's largest DIY investment platform, with 1.8M clients and £134B in assets, as new rivals weaken its dominance
Financial Times : X: @arashmassoudi , @sjhmorris , and @arjunneilalim X: Arash Massoudi / @arashmassoudi : This is a fascinating read by @HarrietAgnew For Americans who follow markets, it is worth re...
A profile of Swedish gaming company Embracer, whose growth via frantic dealmaking has raised questions of financial performance, accounting practices, and more
Financial Times : Tweets: @annasophiegross , @arashmassoudi , and @lordshipstrade Tweets: Anna Gross / @annasophiegross : Embracer has grown into Europe's biggest gaming group via a dealmaking bonanz...
An in-depth look at the ongoing patent battle over warehouse automation between Norwegian robotics company AutoStore and UK supermarket giant Ocado
John Gapper / Financial Times : Tweets: @sdonnan , @johngapper , @mattvella , @alecurussell , @craigjcalhoun , @arashmassoudi , and @financialtimes Tweets: Shawn Donnan / @sdonnan : A brilliant read ...
An in-depth look at the ongoing patent battle over warehouse automation between Norwegian robotics company AutoStore and UK supermarket giant Ocado
In the village of Nedre Vats, on the edge of a 700m-deep fjord in the west of Norway, there is a white wooden house with a small red barn. Tweets: @johngapper , @craigjcalhoun , @mattvella , @arashmas...
Analysis: Vision Fund, which posted a record annual loss last March, returned ~$18B to investors by the end of 2020, up from $13.4B it reported in Q3 2020
After posting a record loss last year, fortunes have changed for the Saudi-backed tech investment fund Tweets: @arashmassoudi Tweets: Arash Massoudi / @arashmassoudi : Less than a year ago, SoftBank a...
Companies in Vision Fund's portfolio, like Wag and Fair, are struggling; sources say Oyo founder invested $2B in his company with a loan backed by Masayoshi Son
Other companies the huge tech investment fund has backed have struggled lately — SoftBank Group Corp. 's longtime strategy … Tweets: @rolfewinkler , @aaronlucchetti , @second_measure , @maxseddon , ...
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B
> “Some of his former colleagues at Uber say his most severe lapse was allowing Kalanick's power to go unchecked.” https://www.bloomberg.com/... Mark Milian / @markmilian : Some wonderful details in @...
Sources: Paul Jacobs, former Qualcomm executive chairman and son of the founder, informed the company board that he is considering bid to take Qualcomm private
James Fontanella-Khan in New Orleans, Tom Braithwaite in San Francisco and Arash Massoudi in Helsinki March 15, 2018