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2 mins read
Bill Ackman will return his SPAC's $4 billion if his next-generation SPARC is approved. He quoted Warren Buffett to explain why.
The billionaire investor wants to focus on his new acquisition vehicle, as a lawsuit threatens to s…
Theron Mohamed
1 min read
Billionaire investor Bill Ackman is giving 26.5 million shares of Coupang to the Pershing Square Foundation and another non-profit
Billionaire hedge fund manager Bill Ackman is giving away 26.5 million shares of Coupang, worth $1.…
Will Daniel
2 mins read
Billionaire investor Bill Ackman helped pressure Pornhub into taking down millions of unauthorized videos, report says
The Pershing Square chief texted Mastercard's CEO about the problem, and both Mastercard and Visa c…
Theron Mohamed
2 mins read
Clear partners with OpenTable on vaccination proof as it sees wild acceleration for its biometrics tech from restaurants and employers
The emergence of the COVID-19 delta variant has sent employers, retailers, and restaurants scrambli…
Gloria Dawson
3 mins read
Here's who's keeping top payment players like Stripe, PayPal, and Square ahead of the competition
Payments is getting crowded and competitive, with pressure from both big banks and scrappy startups…
Dan DeFrancesco
1 min read
Essar has sold Aegis to a Singaporean private investment firm
Essar exits BPO business, sells Aegis to Capital Square Partners
9 mins read
A tennis center owner in Santa Monica changed his entire business to capitalize on the pickleball surge in America. It was a 'huge risk' but his revenue numbers have doubled and his court has never been busier.
"Retail has done things I never thought it would. I knew it would be good but we're talking about h…
Kathleen Elkins
2 mins read
Exclusive: Union Square Ventures warned startup founders in November to diversify their deposit holdings after alarm over Silicon Valley Bank
Union Square Ventures warned portfolio companies in November to diversify their bank deposits and n…
Ben Bergman
3 mins read
Paris Hilton is hosting New Year's Eve in the metaverse. Here are 3 other ways you can celebrate without leaving your house
Avatars can bear witness to New York City's ball drop in Times Square, while Seoul, South Korea, wi…
Carla Mozée
2 mins read
NFL quarterback Aaron Rodgers is giving out $1 million in bitcoin, but not every lucky fan is getting the same amount
Users on Twitter posted screenshots of varying amounts, with some receiving bitcoin worth either $1…
Shalini Nagarajan
2 mins read
Legendary investor Howard Marks says to snap up cheap assets now, as "waiting for the bottom is a terrible idea"
The Oaktree Capital Management investing chief told the Financial Times that he's buying the dip no…
George Glover
2 mins read
Mark Penn's MDC-Stagwell merger faces more opposition
Insider's top advertising and media stories for June 4.
Lucia Moses
2 mins read
SPACs are trying to stand out in a sea of blank-check listings. Here's what 4 high-profile backers are doing to make their IPOs more attractive to investors.
Over 130 SPACs have debuted already in 2021, and the field is becoming crowded. Some blank-check fi…
Isabelle Lee
3 mins read
Jack Dorsey says VC involvement means crypto users don't own Web3 — and Elon Musk seems to agree
When Musk asked if anyone's seen Web3, Dorsey said, "It's somewhere between a and z" — possibly all…
Shalini Nagarajan
7 mins read
Tech billionaire whose ex-staff allege he kept a 'harem' of women and schemed to kill his critics accuses the New York Post of defamation
Former Sequoia Capital partner Michael Goguen has been accused of sexual misconduct and a murder pl…
Jacob Shamsian,Áine Cain
3 mins read
I built a 655-square-foot tiny home in the backyard of my San Diego rental property and rake in $2,500 a month renting it to a college water-polo team
Villa, a company that helps Californians build tiny houses in their backyards, worked with Eugene C…
Kelsey Neubauer
3 mins read
A startup aimed at disrupting payments and taking on Square and Plaid just raised a $35 million Series B led by Sequoia Capital
The revenue that can be generated via payments processing - where companies typically charge 1% of …
Dan DeFrancesco,Shannen Balogh
5 mins read
A new book defends venture capital against detractors. But should we really be fueling the bubble?
In 'The Power Law,' journalist Sebastian Mallaby presents an in-depth look at modern venture capita…
Jonathan A. Knee
4 mins read
Mumbai gets its first public electric vehicle charging station at Kohinoor Mills
The charging infrastructure has been set up by Power Bank, the EV charging solutions brand from …
PTI
4 mins read
A partner at Bain Capital Ventures explains why payments companies need to do more than just move money to survive
"We do live in a world where anything touched by technology is getting cheaper," Harris said. Howev…