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TECH BILLIONAIRES LOSSES
Ben Lamm and Colossal Biosciences: The billionaire tech founder behind the $10 billion plan to bring back extinct animalsTech entrepreneur Ben Lamm is spearheading Colossal Biosciences, a company aiming to bring back extinct species like the woolly mammoth thr...
Singapore court stays order to jail Byju’s founder, lawyer saysSingapore's high court has granted a stay on a six-month jail term for Byju's founder, Byju Raveendran, who was sentenced for contempt. Thi...
ET Alpha Wealth Summit | We are in Sankat Kaal, and in this Sagar Manthan, our job is to look for the next generation of winners: Saurabh MukherjeaIndia's economic future lies with manufacturing exporters, not consumer companies. Saurabh Mukherjea predicts this shift will drive earning...
US stocks: SpaceX to make historic listing on Nasdaq on Friday that could make Elon Musk a trillionaireSpaceX is set to make history with the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion. T...
SpaceX seeks a record $75 bn in stock market debutSpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-b...
Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
Byju’s founder Raveendran sentenced to six months in jail for contempt of courtByju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....
US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathedOpenAI has won its legal battle with Elon Musk. This victory paves the way for a massive stock market debut. The trial revealed internal co...
Tens of thousands march in London in separate immigration, pro‑Palestinian protestsLondon witnessed two massive demonstrations on Saturday. One march, led by Tommy Robinson, focused on immigration concerns. Another protest...
Inside SpaceX's IPO: Musk's most ambitious plan yetSpaceX is preparing for a massive IPO, aiming for a $1.75 trillion valuation. The company's future plans include artificial intelligence, s...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
100-day pain: These billionaires who donated to Donald Trump's inauguration have lost $194 billion, and countingDonald Trump's policies impact tech giants. Elon Musk, Jeff Bezos, Mark Zuckerberg, and Jensen Huang face huge financial setbacks. Trade wa...
Billionaire bloodbath: World’s richest brace for nearly $900 billion in losses in just 48 hours of market mayhem, triggers historic wealth wipeout among global eliteThe world's top 500 billionaires faced a historic $887 billion loss in 48 hours due to President Donald Trump's new import tariffs, with ne...
Elon Musk lost $11B—and he wasn’t even the biggest loser: Trump’s tariffs obliterate $208B in billionaire wealthWall Street endured a bruising collapse after US President Donald Trump announced sweeping new tariffs, triggering one of the worst trading...
Tech titans who once grinned behind Donald Trump at his inauguration now face billions in losses after his tariff timebomb detonatesTech billionaires who once supported Trump are now facing significant financial losses due to new tariffs. Stocks plummeted, causing Mark Z...
Billionaires’ fortunes plummet: Elon Musk loses $90 billion amid market turmoil, here’s what Jeff Bezos, and Mark Zuckerberg lostThe world’s wealthiest individuals, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, face an uphill battle to recover their losses.
This technology has cost Meta $60 billion. Why did Mark Zuckerberg chase it and lose tens of billions of dollars?Meta has lost a lot of revenue on certain projects that were earlier projected to be major revenue gainers. How much did Meta CEO Mark Zuck...
Facebook, Amazon chiefs see wealth balloon amid pandemic: ReportThe more than 600 billionaires in the United States became even richer as tech stocks rose during virus lockdowns, an analysis of data by t...