Hints and tips:
...record company 10K Projects, the upstart label behind the rapper Ice Spice, for an undisclosed sum, according to a person familiar with the matter. 10K Projects was founded in 2016 by Elliot Grainge, the son...
...Son has described Altman as “one of the key people on Earth” and said he speaks to him almost every day....
...Gibson said that it was possible that following the Arm IPO, Son’s company could hold about $65bn in cash and borrowings to finance an investment spree....
...At stake is also the reputation of the US hedge fund founded by Paul Singer, whose son Gordon has spearheaded the AC Milan investment....
...Lachlan Murdoch, his elder son, will become sole chair of News Corp and continue as executive chair and chief executive of Fox, from mid-November....
...“The market is not convinced capital markets are open yet and hence Son cannot realise capital values,” said Gibson....
...If Son can lift the taboo on down-rounds and make valuation compromises palatable to other companies and venture capital firms, he may be the hero that the IPO market needs....
...The flagship Vision Fund segment has been hit by valuation declines of tech investments and the bankruptcy of WeWork. There are some signs of improvement....
...Son now also has probability on his side. While the total size of new investment activity by SoftBank has shrunk, it is still investing....
...The latest marriage will not affect the ownership of the Murdoch family trust, which controls News Corp and Fox, the person familiar with the matter said....
...But it is now primed to become even more so, as part of the great enigma of Son’s current and future bets on AI....
...Fresh allegations have been made against current and former News Corp executives, including Rupert Murdoch’s son James and Rebekah Brooks....
...Named after a father and son duo who began running the company in 2001, Shimao had outlined a restructuring proposal in late March that included short-term and long-term notes, as well as convertible bonds...
...It isn’t all trouble for Son, though....
...He could also seek approval from the merged company’s board, which is set to include his son Donald Trump Jr as well as several officials who served in his administration, to start selling his stake immediately...
...Gordon Singer, son of Paul, continues to sit on the board of AC Milan....
...Rupert Murdoch steps down as chair of Fox and News Corp...
...Lachlan Murdoch, his eldest son, will become sole chair of News Corp and continue as executive chair and chief executive of Fox, from mid-November....
...The investment followed months of talks between Better and SoftBank’s Vision Fund, led by Rajeev Misra, a top lieutenant of the Japanese group’s founder and chief executive Masayoshi Son, according to people...
...You know what this means: SoftBank is BACK, and so is the Son presentation! At the firm’s annual shareholder meeting Wednesday, Son starts with the Big Questions, including “What is Mankind?”...
...(People close to the company said they had no recollection of Son saying this, and Son may have made the comment in jest.) But problems were apparent from the start, some former employees said....
...Rupert Murdoch’s decision to relinquish control of Fox and News Corp and make his elder son Lachlan the sole chair marks the end of an era for the powerful media billionaire....
...Aspell, whose son works at an airline, can fly for free on that carrier....
...On Wednesday, Israeli forces killed three sons and three grandchildren of Hamas’s political leader, Ismail Haniyeh, in an air strike in Gaza....
...SoftBank Group posted an unexpected ¥931bn ($6.2bn) net loss in its second quarter, compounding the pain for shareholders and founder Masayoshi Son after one of the group’s biggest bets, WeWork, filed for...
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