Ride-sharing company Uber is in talks to make an investment in autonomous driving firm Pony AI as part of the upcoming U.S. initial public offering (IPO) according to a report by Bloomberg.
Uber is reportedly planning to buy $10 million in Pony AI shares, although...
Elon Musk’s space technology company, SpaceX, is gearing up to launch a tender offer next month, according to a report by the Financial Times. Reportedly, the tender offer will offer existing shares at a price of $135 per share.
Besides preparing a tender offer for...
Activist investor ValueAct has been aggressively building up its stake in Facebook and Instagram parent Meta, according to a recent report by CNBC. The investment company now holds an estimated $1 billion stake in the tech giant.
The stake in Meta is now among the...
Warren Buffett’s Berkshire Hathaway continues to trim Apple stock from its portfolio. Berkshire’s third-quarter earnings have shown that the conglomerate sold around 25% of the iPhone maker’s shares it held previously.
Buffett started investing in Apple back in 2016 and eventually bought so many shares...
Retired quarterback Tom Brady, who is considered the greatest football player in history, has added the title of NFL owner to his resume. During an NFL owners meeting on Wednesday, Brady received a green light to acquire a minority stake of 5% in the...
Activist investment firm Starboard Value has purchased a stake worth $1 billion in pharmaceutical giant Pfizer, sources familiar with the matter confirmed on Sunday. According to the report, former Pfizer CEO Ian Read and former CFO Frank D'Amelio expressed an interest in assisting Starboard...
