A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X ...
Bankers have contacted a small group of investors to assess their interest in buying chunks of at least $250 million at a ...
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until ...
Rivian's loan drew criticism from Vivek Ramaswamy, who is supposed to be co-leading the so-called "department of government efficiency" with Elon Musk after ... comes in two tranches, which ...
Elon Musk’s first company was Zip2 ... The option was for Tesla shares, to be delivered in 12 tranches, each equating to 1 per cent of the company. The targets were amplified from internal projections ...
These recent scams demonstrate a troubling evolution in fraud tactics. Investment scams are becoming increasingly ...
We are exiting the era of hyperpolitics. All flames — even the hottest and most spectacular — eventually burn out. Perhaps ...
Anthropic is reportedly in advanced talks to raise another $2 billion in funding. The deal would value Anthropic at $60 billion—more than triple its valuation from a year ago. Amazon has invested a ...
The Indian rupee hits a record low of ₹86.63, govt approves ₹10,000 cr QIP for state lenders, and more top stories from Top ...
Meta is to get rid of 5pc of its staff, according to a memo sent by CEO Mark Zuckerberg, first reported by Bloomberg.
Mr Zuckerberg criticised fact-checkers as “biased” and said that the company will adopt a system similar to Elon Musk’s ‘community notes’ system on X. He said that the “trade off ...
Noel Tata led Tata Electronics has received approval from the Competition Commission of India (CCI) to acquire a majority stake in Pegatron Technology India, one of Apple’s contract manufacturers in ...