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'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund

Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…

Matthew Loh   


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CEOs bet up to $10 million to prove Elon Musk's AI prediction wrong

Startup founder Gary Marcus started a bet against Elon Musk over his AI predictions. It's since gro…

Ana Altchek   


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1 min read

The world's largest sovereign wealth fund generated returns of $111 billion in the first half of 2021 as the stock market hit record highs

The Oslo-based $1.4 trillion sovereign wealth fund saw a 13.7% return on equities and a 2.0% slide …

Isabelle Lee   


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Spotify CEO Daniel Ek is worth billions — but says he still feels 'inadequate every day'

Daniel Ek told the "In Good Company" podcast he tries to overcome feeling inadequate by surrounding…

Jyoti Mann   


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9 mins read

Casey Sullivan,Bradley Saacks   


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Norway's trillion-dollar sovereign wealth fund to vote against Musk's $56 billion Tesla pay package

Norway's sovereign wealth fund will vote against Elon Musk's $56 billion paycheck at Tesla's annual…

Cameron Manley   


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Elon Musk says he didn't ask for Biden's tariff on electric vehicles from China

Elon Musk said he was surprised when President Joe Biden announced a 100% tariff on Chinese electri…

Grace Kay   


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Tech stocks helped drive a record $213 billion gain at the world's biggest sovereign wealth fund in 2023

Norway's sovereign wealth fund saw a big boost from tech last year, its CEO said. The fund notched …

Yuheng Zhan   


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Ousted Tesla cofounder says a canceled $25,000 car could give China 'a chance to really spread'

Tesla cofounder Martin Eberhard said China would likely benefit if Tesla scrapped its $25,000 car.

Grace Kay   


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Satya Nadella says Google should've been the 'default winner' of the AI race

Satya Nadella said Google has the resources that should've made it the Big Tech AI leader. Instead,…

Jyoti Mann   


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4 mins read

Jensen Huang's 14-hour days and workaholic lifestyle helped him turn Nvidia into a $3 trillion company

Eating with staff in the cafeteria, no 1:1 meetings, and being the "custodian of the culture" are s…

Jyoti Mann   


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Elon Musk says AI will be smarter than humans in 2 years

Tech billionaire Elon Musk believes AI will outsmart humans by 2026. But data scarcity and a chip s…

Aaron Mok   


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Tesla electric vehicles entry into India will be "natural progression", says Elon Musk

In a significant development for India's electric vehicle (EV) industry, EV maker Tesla has lately …

ANI   


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Read the memo Satya Nadella sent to employees announcing Google DeepMind cofounder's move to Microsoft

Mustafa Suleyman is leaving his Inflection AI startup to lead Microsoft's AI efforts.

Jyoti Mann   


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Sam Altman thinks Silicon Valley has lost its culture of innovation

"Before OpenAI, what was the last really great scientific breakthrough that came out of a Silicon V…

Kai Xiang Teo   


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Inside JPMorgan's handling of Jeffrey Epstein

JPMorgan has avoided many of the issues that have plagued banks this year, but its previous relatio…

Dan DeFrancesco   


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The world's largest sovereign wealth fund lost $21 billion in the first 6 months of 2020 as COVID-19 decimated returns

Norway's sovereign wealth fund at the end of the six months was worth 10.4 trillion kroner ($1.18 t…

Saloni Sardana   


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Blackstone raises around Rs 2,270 cr from stake sale in Embassy Office Parks REIT

"Our fourth quarter income and distribution payout once again illustrate the stability and resilien…

PTI   


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Norway's $1 trillion sovereign wealth fund, the world's largest, is betting on the UK - regardless of how badly Brexit turns out

News of the fund's future commitment to the UK was seized on by both sides of the debate over the U…

Will Martin   


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10 things you need to know before the opening bell

Another EU Economic Summit is getting underway. The two-day meeting in Brussels will be attended by…

Jonathan Garber