Million
Alibaba sells ADRs in streaming site Bilibili for US$357.8 million
ALIBABA Group Holding has raised US$357.8 million by selling securities in Chinese streaming platform Bilibili, according to sources familiar with the matter. Alibaba priced the sale of 30.85 million...
Microsoft to pay Inflection AI US$650 million after scooping up most of staff
MICROSOFT has agreed to pay Inflection AI US$650 million, largely to license its artificial intelligence (AI) software, alongside its move earlier this week to hire much of the startup’s...
Goldman Sachs raises US$700 million to co-invest with hedge funds
THE asset management arm of Goldman Sachs Group has raised about US$700 million for a new fund that invests side by side with hedge funds and private credit firms....
Caltech receives $100-million gift to develop new technologies at the speed of SpaceX
Thirty-six years ago, Gary Brinson cracked open Stephen Hawking’s “A Brief History of Time,” a bestseller in which the renowned physicist sought to explain the mysteries of the universe...
UOB chief Wee Ee Cheong’s 2023 pay up 11.9% to S$15.9 million
UOB chief executive Wee Ee Cheong received S$15.9 million in total remuneration for the financial year ended Dec 31, 2023, implying an 11.9 per cent increase from his annual...
UOB chief Wee Ee Cheong’s 2023 salary up 11.9% to S$15.9 million
UOB chief executive Wee Ee Cheong received S$15.9 million in total remuneration for the financial year ended Dec 31, 2023, implying an 11.9 per cent increase from his annual...
Olam Agri proposes to acquire Australia’s Namoi Cotton for A$122 million
OLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million...
Olam Agri proposes to acquire Australia’s Namoi for A$122 million
OLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million...
