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Hedge funds shift bets to double down on Big Tech amid AI boomTop hedge funds, including Bridgewater, Tiger Global, Discovery Capital, and Coatue, ramped up investments in Big Tech and AI-related stock...- Carlos Slim takes 3% stake in Britain's BTThe stake bought by Slim, whose family controls telecommunications giant America Movil, has a market value of about 408 million pounds ($52...
- Mark Zuckerberg pips Amazon's Jeff Bezos to be world's fourth richest personThe 31-year-old founder of the largest social network Facebook had a $50 billion fortune by the close of regular trading in New York.
- World's second richest man Carlos Slim eyes Indian telecomSlim made a quiet trip to India about two weeks ago to test waters and explore ties between Latin America’s leading telco and Indian firms.
- Uber signs strategic deal with Times Internet for India expansionIn response to questions from ET, TIL described the alliance as a "strategic investment and cooperation partnership to support Uber’s expan...
- Warren Buffett unseats Mexico's Carlos Slim as world's second-richest personWarren Buffett has become the world’s second-richest person after shares of Berkshire Hathaway reached a record high.
- Carlos Slim to take a share cut; bows to Mexico reformAmerica Movil did not specify which assets it could get rid of, and a spokesman said it was still open as to what and to whom it could sell.
- Carlos Slim, the world’s richest man faces clampdown in Latin AmericaA wave of telecommunications regulation has swept Latin America in the past four months, and Mexico’s new president pledged last week to st...
- Bharti Airtel world's fourth largest operator: ReportBharti Airtel is the fourth largest mobile operator in the world with over 250 million connnections globally, according to analyst firm Wir...
- World's richest people lose $24 billion in a weekWorld's richest people lost a combined $24.4 bn this week as concerns over Spain's borrowing costs & sputtering US job mkt caused global mk...
- Carlos Slim worth $70 bn, beats Gates, BuffettSlim's publicly disclosed holdings surged about 37% to $70 bn in 2010, with wireless carrier America Movil SAB representing $48.9 bn of tha...
- Emerging markets see M&A volume at record high of $215 bnEmerging markets have seen a record $215 billion worth of merger and acquisition (M&A) deals so far this year on increased business activit...
- World's richest man Carlos Slim thrives on crisesMexican tycoon Carlos Slim, who has knocked Bill Gates from the top of the Forbes list of the world's billionaires, is famed for his lack o...
- RIL among top 25 global champions for 2009Reliance Industries has been named among the top 25 global champions for 2009 which managed to outperform the competition. Top salary earne...
- Bharti pips global telcos to No 5 in mobile minutesBharti Airtel has trumped global operators in providing cheaper calls to its subscribers and has latched on to the position of the fifth la...
- Four global telcos in race for DatacomThe four players in the race: America Movil, Etisalat, Turkcell & Euro Co are pegging the valuation of the company at around Rs 13,000 cr. ...
- Apple inks iPhone deal with America MovilIn another step in the worldwide march of Apple Inc.'s iPhone, the top mobile phone operator in Latin America said Wednesday that it has in...
- Telefonica Oi buys Brasil-Telecom for $3.5 bnBrazilian telecommunications group Oi announced on Friday it had bought out rival Brasil Telecom for 3.5 billion dollars (5,863 million rea...
- Mukesh Ambani becomes world's richest manMukesh Ambani has become the richest person in the world, surpassing Bill Gates and Carlos Slim Helu, courtesy the Sensex bull run. Ambanis...
- 'Slim becomes richest man in planet'According to a Mexican website, Carlos Slim has overtaken Bill Gates as the richest person on earth.
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