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BlackRock to take control of ports in Panama Canal for $23B

A consortium of companies led by BlackRock is buying two key ports on the Panama Canal for $23 billion from a Hong Kong-based company after President Donald Trump raised concerns that the strategic waterways are being affected by China. BlackRock, the world's largest asset manager with an investment portfolio worth $11.5 trillion, has agreed to […]

Jeff Bezos loses $23B as Wall Street meltdown slams world’s richest people

The wealth of the world’s rich fell slightly following Monday’s Wall Street crash. Amazon founder Jeff Bezos, the second-richest person on Forbes’ list behind Elon Musk, suffered the biggest loss since the crash began on Friday, with his net worth falling by $23 billion. On Monday, the combined fortunes of the 10 people on Forbes […]

Cybersecurity startup Wiz turns down $23B Google acquisition: report

Cloud security startup Wizz has reportedly pulled out of talks to be acquired by Google parent Alphabet for $23 billion, a deal that would have been the search giant’s largest acquisition to date. Wizz CEO Assaf Rapaport told employees the company would instead pursue an initial public offering, as it had said last year. “It […]

Google nears $23B deal for cybersecurity startup Wiz: report

Google’s parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wizz for around $23 billion. Wall Street Journal report Monday. If the deal goes through, it would be the tech giant’s largest acquisition ever. The move comes as Alphabet and other tech companies face increased antitrust scrutiny, and the acquisition could also help […]