Tag Archives: Stake

Exclusive | PrizePicks Sells Majority Stake to Lottery Operator for $1.6 Billion  The Wall Street Journal Allwyn acquires majority share of PrizePicks  Saturday Down South Allwyn buys majority stake in fantasy sports operator PrizePicks for initial $1.6 billion  Global Banking | Finance | Review Allwyn Buys Majority Stake In PrizePicks For $1.6 Billion  Legal Sports Report Allwyn International Will Acquire A Majority Stake In …

Buffett Lifts Mitsui Stake in Bet on Japan’s Trading Houses  Bloomberg.com Warren Buffett’s Berkshire is now a major shareholder in Japan’s Mitsui  Seeking Alpha Berkshire Hathaway now holds 10% or more in Mitsui & Co.  Investing.com Berkshire Hathaway Becomes Major Shareholder in Mitsui & Co.  TipRanks Berkshire Hathaway Raises Stake in Mitsui & Co to Over 10%  GuruFocus Source link

BYD’s Stock Falls After Report Buffett Sold His Entire Stake  Bloomberg.com Buffett’s Berkshire totally exits its profitable stake in Chinese EV maker bought because of Munger  CNBC Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows  Reuters Warren Buffett exits BYD amid China’s cutthroat EV market  South China Morning Post Berkshire Hathaway exits BYD, closing out 17-year investment in Chinese EV maker.  investingLive Source link

Nvidia may be on its way to $5 trillion in market value. Nvidia (NVDA 0.34%) has just made a move that clearly is great news for Intel (INTC -3.22%). The artificial intelligence (AI) chip powerhouse this week committed to investing $5 billion in the common stock of Intel, its beleaguered rival. As part of the deal, Nvidia will integrate Intel’s …

US Government’s Intel Stake Worth $13 Billion After Nvidia Deal  Bloomberg.com Intel’s biggest problem isn’t going away with Nvidia’s $5 billion stake  Yahoo Finance NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products  NVIDIA Newsroom How Intel’s Nvidia deal could help Intel’s next generation of chip manufacturing  Reuters The U.S. Made 50% on Its Intel Stock Purchase. This Investment Did Even Better.  Barron’s …

Nvidia, the world’s leading chipmaker, announced plans to invest $5bn in Intel and collaborate with the struggling semiconductor company on products. One month after the Trump administration confirmed it had taken a 10% stake in Intel – the latest extraordinary intervention by the White House in corporate America – Nvidia said it would team up with the firm to work …

Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports  Reuters We now know who the new owners of TikTok will be – if Trump gets his deal done with Xi  CNN US-China TikTok deal: Laws compliance, Congress approval, and challenges. Explained  Mint U.S. Investors, Trump Close In on TikTok Deal With China  The Wall Street Journal Beijing says TikTok’s …

Shares of Webtoon Entertainment (WBTN) surged more than 58% in after-hours trading yesterday on news of a partnership and equity investment by The Walt Disney Company (DIS). The two entertainment giants are collaborating to create a new digital comics platform that will feature more than 35,000 comics from Marvel, Star Wars, Disney, Pixar, and 20th Century Studios in a single paid …

A child receives a measles, mumps and rubella vaccine earlier this year in Lubbock, Texas.Credit: Jan Sonnenmair/Getty Next week, the panel of top advisers who recommend how vaccines are used in the United States will meet to review jabs that protect against COVID-19, hepatitis B and other diseases. The meeting — the committee’s second since US health secretary and anti-vaccine …

OpenAI Nonprofit to Take $100 Billion Stake in New Company  Bloomberg.com Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure  Yahoo Finance OpenAI’s nonprofit parent company secures $100B equity stake while retaining control of AI giant  Fox Business A joint statement from Microsoft and OpenAI  The Official Microsoft Blog Statement on OpenAI’s Nonprofit and PBC  OpenAI Source link