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Group has raised just over $2bn for a vehicle targeting $6bn amid scepticism over tech valuations
Hedge fund billionaire Gabe Plotkin and CD&R’s Rick Schnall strike deal valuing basketball team at about $3bn
CEO Mooky Greidinger and his brother Israel to receive most of the cash after group emerges from Chapter 11
Berlin ready to raise subsidy for US semiconductor group to build factory
Memory-chip maker cites ‘unwavering commitment’ to China with new production line
Boeing and Airbus duopoly appears to ground innovation
Williams CEO claims clean electricity push will be boon for fossil fuel infrastructure
Google and OpenAI are discussing agreements to pay publishers over using content to train generative AI models
Executives try to reverse pandemic recruitment spree that propelled headcounts to record highs
Latest allegation comes in lawsuit filed by bank over acquisition of student finance site
Asset manager’s product would be first publicly traded spot bitcoin exchange traded fund in US if approved by SEC
FDIC seized the regional institution after it suffered huge losses on its securities portfolio
Shares almost double in New York after group lifts price range to raise $318mn
Richard Branson’s company has endured numerous delays on the path to getting operations under way
Russian-speaking group claims to have also compromised US investment groups after UK groups reported security breaches
Regulators are getting nervous about the risks emanating from data storage and processing platforms dominated by a handful of big companies
Google and Meta facing demands to pay up to support a local news industry
Sony Music Group and Universal are among 17 taking a legal challenge against Elon Musk’s company
AMD, Intel and others play catch-up in hopes of staking a claim to burgeoning market
Record sum from investors comes as larger listed managers pare goals and delay closings
Chief financial officer says US debt ceiling stand-off knocked trading business in second quarter
Users won’t pay $15 per month or watch ads to play the same old thing
Chief executive of asset manager says technology has potential to bring down inflation
European Commission says Silicon Valley giant is abusing its dominance of ad tech market
Allegations add to post-pandemic woes for search giant
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