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AI startup Cognition Labs seeks $2B valuation amid investor frenzy

Artificial intelligence will no doubt change much about our world in the long run. But for now, we may be…

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Business

Leading China VC Kai-Fu Lee warns an investor reckoning is coming for unprofitable AI companies

The halcyon days where venture capitalists were content forking over billions to the latest AI startup, as researchers burned through…

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Business

Private equity investor CVC makes its mark on rugby union

Preparations for the Six Nations Championship got under way earlier than usual this year, as star players turned up for…

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Business

Macy’s receives higher bid from investor group

Drew Angerer/Getty Images News Update 9:50pm: Adds Macy’s, investor comment. An investor group bidding to acquire Macy’s (NYSE:M) raised its…

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After making a deal with activist investor Carl Icahn, utility AEP cuts its CEO loose

Just weeks after billionaire activist investor Carl Icahn secured two seats on the board of American Electric Power Co., the…

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Business

Bill Ackman’s closed-end investment fund was at the mercy of fellow activist investor Paul Singer

Elliott Investment Management targeted Pershing Square Holdings in 2017, when Paul Singer’s firm privately tried to force fellow activist Bill…

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Business

Investor Caution Prevails in Volatile Financial Markets By Quiver Quantitative

© Reuters. Quiver Morning Wrap: Investor Caution Prevails in Volatile Financial Markets Quiver Quantitative – The bond market has experienced…

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Business

Investor group plans proxy fight, CEO ouster at Norfolk Southern – WSJ (NYSE:NSC)

sshepard/iStock Unreleased via Getty Images Norfolk Southern (NYSE:NSC) +5.3% post-market Wednesday following a Wall Street Journal report that an investor…

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Netflix wins account sharing lawsuit filed by investor (NFLX)

JC Olivera Netflix (NASDAQ:NFLX) won! The streaming giant beat a lawsuit accusing the company of hiding how much account sharing…

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Business

SPAC companies accounted for at least 21 bankruptcies this year and a staggering $46 billion in lost investor value

Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the Covid-19 pandemic,…

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