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Nets owner Joe Tsai on brink of Dolphins ownership stake

Nets owner Joe Tsai may be rooting for another team soon, as he looks to buy a minority stake in the Dolphins. Tsai and private equity firm Ares Management are currently in preliminary talks with Miami owner Stephen Ross to buy stock and other assets in the NFL team at a valuation of $8.1 billion. […]

The hidden risks of self-driving cars: Is your freedom at stake?

For years, people have dreamed of self-driving cars, imagining a future world where self-driving cars drive us around without a human at the wheel. For many, this future always seems too far away to be taken seriously. But what millions of Americans don't realize is that this future is likely not far away. In fact, […]

OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’

According to multiple reports, OpenAI CEO Sam Altman flatly denied accepting a large stake in the startup worth billions of dollars as part of a corporate restructuring. Mr. Altman, 39, said Thursday that a Bloomberg report said OpenAI's board was discussing giving him a 7% stake as part of the pioneering AI company's transformation into […]

United Atlantic Ventures slashes nearly entire stake in Trump Media

One of former President Donald Trump's largest shareholders in his media company has sold most of his stock after recent sales restrictions were lifted. United Atlantic Ventures, run by Trump Media co-founder Andrew Litinsky, who appeared on President Trump's popular reality show “The Apprentice,” has acquired a 5.5% stake in Trump Media & Technology for […]

Commerzbank open to tie-up talks after UniCredit takes 9% stake – Financial Times

Get your free copy of Editor's Digest FT editor Roula Khalaf picks her favourite stories in this weekly newsletter. The bank is open to discussions about a possible tie-up with German rival UniCredit, after Italy's Commerzbank said it had taken a 9 percent stake in the bank and was taking regulatory steps to further increase […]

Fate of Tom Brady’s Raiders ownership stake comes into focus

As Tom Brady begins his long-awaited first season as a commentator for Fox on Sunday, the seven-time Super Bowl-winning quarterback is also nearing the finalization of his limited ownership stake in the Las Vegas Raiders. Brady's proposal for 10% team stock “progressing toward approval” NFL Network's Ian Rapoport reports. It is expected to be completed […]

Pop Star Shakira Accuses Spanish Authorities of ‘Burning’ Her ‘at the Stake’

Pop superstar Shakira has accused Spanish authorities of “burning her at the stake” after settling a $15 million tax fraud case last year. “What was most frustrating was that state institutions seemed more interested in publicly burning me at the stake than listening to my reasons. Now, I think it's time to fight back,” Shakira […]