Elon Musk’s Neuralink could fetch $8.5B valuation: report
Elon Musk’s Brain Implant Company Neuralink plans to raise approximately $500 million with a pre-money valuation of $8.5 billion. Bloomberg News reported Wednesday, cite people with knowledge of the matter. The company has launched a preliminary discussion with potential investors about the funding round, according to the report. The terms of the funding round have […]
FTC sues to block $8.5B merger that would unite luxury brands Coach and Michael Kors
The Federal Trade Commission announced Monday that it has filed a lawsuit seeking to block Coach’s parent company Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it eliminates competition. This comes as several U.S. lawmakers are calling for increased FTC oversight of multibillion-dollar transactions that risk price gouging and could impact consumers. […]
Texas Schools Pull $8.5B From Blackrock Over ESG Investigation
BlackRock Posts 22 Percent Increase in Quarterly Profits NEW YORK, NY – JANUARY 16: A sign is posted at BlackRock’s offices on January 16, 2014 in New York City. BlackRock reported a 22% profit increase in its most recent quarterly earnings report. (Photo by Andrew Barton/Getty Images) OAN’s Avril Elfie3:30pm – Wednesday, March 20, 2024 […]
Texas yanks $8.5B from Larry Fink’s BlackRock in ‘massive blow against the scam of ESG’
The state of Texas is cutting off a massive $8.5 billion investment in multitrillion-dollar asset manager BlackRock, citing the state’s determination that the company is involved in a boycott of energy companies. In an announcement first shared with FOX Business, Texas State Board of Education Chairman Aaron Kinsey said the so-called Texas Permanent School Fund […]
Jeff Bezos completes 50M Amazon stock-sale plan worth $8.5B
Jeff Bezos sold a total of 50 million Amazon shares in the past two weeks, netting him about $8.5 billion in cash, according to securities filings. The 60-year-old e-commerce giant sold more than 14 million Amazon shares on Tuesday for about $2.37 billion, after selling 36 million shares of Amazon stock in three transactions last […]