Some of the world’s top business leaders are expected to attend the pre-wedding celebrations of Anant Ambani in India. Radhika … More
Tag: money
‘Rich Dad Poor Dad’ Author Robert Kiyosaki Says ‘Only Lazy People Use Their Own Money’ — Why You Should Use Other People’s Money Instead
Robert Kiyosaki, renowned for his bestselling book “Rich Dad Poor Dad,” advocates a provocative approach to wealth accumulation, stating, “My rich … More
‘The buildings don’t go away … but the owners do’: Warren Buffett and Charlie Munger warn that a storm is brewing in the US real estate market — here’s where they’ll seek refuge
Charlie Munger, Warren Buffett’s business partner, has been growing increasingly worried about commercial real estate. He believes a storm is … More
France Probes LVMH CEO Arnault Over Deal With Russian Businessman
French prosecutors are investigating a deal between French billionaire Bernard Arnault and a Russian businessman for possible money laundering. The … More
Lucid CEO’s $379 million annual pay draws criticism from billionaire Elon Musk: ‘Beware any company where leadership compensation is not linked to performance’
It’s rare for CEOs to rebuke their peers’ outlandish pay packages—mostly because they’d be throwing stones from —but Lucid Motors’ CEO … More
Jeff Bezos’s rivalry with Elon Musk has landed him with a lawsuit
Amazon shareholders says SpaceX was snubbed in huge contract deal. Jeff Bezos and Elon Musk have long had a rivalry—but … More
A.I. startup founder charged with defrauding investors, manipulating documentsP
The founder of a data analytics firm, which purportedly used artificial intelligence technologies, was indicted in Manhattan federal court for … More
Virgin Galactic’s first space tourists had a ‘surreal experience’
The dreams we have as children often stick with us for the rest of our lives. And if your dream … More
‘Barbie’ makes history with $1 billion at the box office
“Barbie” has answered the billion-dollar question with a resounding “yes.” Barely three weeks into its run, writer-director Greta Gerwig’s blockbuster … More
Decline in China factory activity extends into a fourth month
Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, … More
Elon Musk’s rebrand of Twitter to ‘X’ could get him in legal trouble with Mark Zuckerberg and Microsoft, experts say
Elon Musk’s Twitter rebrand could land him in legal hot water with Meta CEO Mark Zuckerberg and others, experts say. … More
India shoots for the moon with historic Chandrayaan-3 mission
Chandrayaan-3 prepares for launch in Sriharikota, India on July 13, 2023.Indian Space Research Organization. India is bidding to become only the … More
China hits back in the chip war, imposing export curbs on crucial raw materials
Beijing will impose export controls on two rare elements essential for manufacturing semiconductors, in apparent retaliation after the United States and Europe restricted chip exports to China. … More
BILLIONAIRE ROBERT SMITH’S PRIVATE EQUITY FIRM WINS BIG AFTER 4.6B SALE TO IBM
Robert Smith (Photo by Ricky Carioti/The Washington Post via Getty Images) Billionaire investor Robert F. Smith‘s private equity firm Vista Equity … More
OceanGate CEO piloting the vessel, which has less than 40 hours of oxygen left
UK billionaire Hamish Harding on board missing Titanic submersible, family confirms The vessel, which began its dive towards the Titanic … More
Inside The Global 2000: JPMorgan Is Again The World’s Largest Company As Berkshire Hathaway Falls
With fears of a recession swirling, interest rates rising and the U.S. stock market well below 2022 highs, America’s preeminent … More
Hedge fund billionaire Bill Ackman goes for the jugular with his archrival Carl Icahn on the ropes, comparing his firm to the infamous implosion of Archegos
Pershing Square founder Bill Ackman has warned that his investment firm’s rival, Icahn Enterprises, could prove to be another Archegos, a … More
Laid-off employees and tech newbies weathering the global downturn
As the global tech downturn persists, laid-off employees and tech newbies find themselves facing a common battle. From navigating job … More
Sam Altman: CEO of OpenAI calls for US to regulate artificial intelligence
The creator of advanced chatbot ChatGPT has called on US lawmakers to regulate artificial intelligence (AI). Sam Altman, the CEO … More
Vietnam’s Richest Person To List VinFast In U.S. Via $23 Billion SPAC Deal With Lawrence Ho’s Black Spade
VinFast—controlled by Vietnam’s richest man Pham Nhat Vuong’s VinGroup—has agreed to merge with casino mogul Lawrence Ho’s Black Spade Acquisition Co. in … More
Despite Taking $8 Million Hit From Conor McGregor’s Agency, Manny Pacquiao Offers to Pay Collapsed Boxer’s Medical Expenses
Manny Pacquiao is just built differently. And the Filipino boxing legend has proved it time and again. Even though Pacquiao is going … More
Warren Buffett is full of praise for Elon Musk ‘solving the impossible,’ but says he and Charlie Munger look for ‘the easy job’
Elon Musk thinks Warren Buffett’s job is boring and wouldn’t want it. What does the Sage of Omaha think of the Tesla and SpaceX CEO? … More
Berkshire director: Buffett CEO heir an ideal fit, but changeover not imminent
One of Berkshire Hathaway Inc’s longest-serving directors said Greg Abel has the ability and commitment to its culture that makes … More
Dismantle trade barriers to sustain growth, Dangote urges African countries
Commits over $20bn to Pan-African Investments Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African … More
Billionaire Charlie Munger Labels US Healthcare A ‘Disgrace’ as Report Shows Lowest Life Expectancy Despite Highest Spending
In 2019, Berkshire Hathaway Inc. Vice Chairman Charlie Munger made a scathing comment on the state of healthcare in the United States, … More
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Mark Zuckerberg’s year of efficiency takes another turn as he joins McDonald’s and Google by laying off thousands in the metaverse
This Wednesday is a particularly difficult hump day for those who fell victim to Meta CEO Mark Zuckerberg’s overestimation of … More
A Google AI model developed a skill it wasn’t expected to have
Google CEO Sundar Pichai said the company’s experts call this aspect of AI a “black box” How do you develop … More
BRICS: More Countries Abandoning the US Dollar as Reserve Currency
As the BRICS nations have made their opinion on the currency known, more countries are moving away from the US dollar as a reserve … More
The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
From the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the … More
Ripple CTO Ends Speculation on Satoshi Nakamoto’s Identity
In the world of cryptocurrency, one name that has always intrigued enthusiasts and skeptics alike is that of Satoshi Nakamoto, … More
China’s Alibaba invites businesses to trial AI chatbot -media
Tech giant Alibaba (9988.HK) is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, … More
Australia to ban TikTok on government devices
The Australian government said on Tuesday it would remove TikTok from all federal government-owned devices, following many other countries in … More
Shocked and defiant: How Trump is responding to unprecedented indictment
Since a grand jury issued charges related to hush money to an adult film star, the former president has cycled … More
Florida principal resigns after sending $100K to scammer posing as Elon Musk
A principal of a charter school in Volusia County resigned after writing a $100,000 check to an internet scammer posing … More
Sam Bankman-Fried’s Legal Defense Is Being Funded With Alameda Money He Gifted His Father
Sam Bankman-Fried, founder of fallen cryptocurrency exchange FTX who claimed to have just $100,000 in his bank account last November, is … More
Top US general says increased partnership between Iran, Russia, and China will make them ‘problematic’ for ‘years to come’
Chairman of the Joint Chiefs of Staff Gen. Mark Milley told lawmakers Wednesday that China, Russia, and Iran would be a problem … More
Sam Altman responds to Elon Musk’s criticism of OpenAI: ‘I mean, he’s a jerk,’ but ‘he does really care’
Sam Altman hit back at OpenAI cofounder Elon Musk’s criticism that the ChatGPT creator had become a “maximum profit company” amid its multi-billion … More
Taiwan ally Honduras seeks diplomatic switch to China
Taiwan is in danger of losing one of its few formal allies, Honduras, as the Central American nation seeks official … More
FTX Exec Loses $3.7 Million Island Home to Authorities 5 Months After Buying It
Singh signed a deed for the home on October 25, while FTX went officially bankrupt on November 11th. Nishad Singh … More
Thomas Lee, Private-Equity Pioneer, Struggled to Reprise Early Successes
Boston investor came of age alongside early peers Stephen Schwarzman and Henry Kravis Thomas Lee at his New York office … More
Ukraine war: Blinken says China might give weapons to Russia
The US says China is considering supplying weapons and ammunition to Russia for the Ukraine war – a claim strongly … More
SBF Is in Big Trouble for Watching the Super Bowl
Since being extradited from the Bahamas in December, Sam Bankman-Fried has been holed up in his parents’ home in Palo Alto on … More
Rich Dad Poor Dad Author Warns Giant Crash Incoming, Forecasts Bitcoin Price Explosion to $500,000
Rich Dad Poor Dad author Robert Kiyosaki says investors should pay close attention to a wave of layoffs at tech … More
Russia to cut oil production over price caps
Russia will reduce crude oil production by 500,000 barrels per day from March after major economies imposed a price cap … More
3 ways to make money off things you already own—one of them brings in up to $39,000 a month
Side hustlers are finding new ways to monetize things they already own. Rick Powell, for instance, rents out his yard … More
Russia Expands Its Crypto Mining Capacity, Report Reveals
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn … More
FTSE correction: a once-in-a-decade chance to outdo Warren Buffett?
Dr James Fox explores value buying opportunities on the FTSE in light of Warren Buffett’s apparent wariness of the British … More
Inventor of the world wide web wants us to reclaim our data from tech giants
The internet has come a long way since Tim Berners-Lee invented the world wide web in 1989. Now, in an … More