Art Investment
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Why A Multi-Crore Painting Makes Financial Sense To The Ultra-Rich
Art appreciates over decades, it can be stored tax-efficiently in global freeports. Also, art can be gifted across generations tax-free.
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Jeffrey Epstein Made Millions From Billionaire Leon Black, New Emails Reveal
Leon Black had hired the disgraced financier as his wealth adviser for tax, investment, and art matters.
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'FIFA' Game Maker Electronic Arts To Be Taken Private In Record $55 Billion Deal
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund.
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EA Says It Won't Raise Prices of Its Games to $80 'At This Stage'
EA has said it's not planning on raising the prices of its games at this stage. At the company's first-quarter earnings call, CEO Andrew Wilson said EA was not planning on changing its pricing strategy, including for upcoming Battlefield 6.
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AstaGuru Auction House Announces Strategic Investment from Adar Poonawalla
Through this strategic partnership, Adar Poonawalla intends to take his vision forward and generate awareness and appreciation for Indian art on a global platform.
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This Solitary Banana Duct-Taped To A Wall Could Sell For Over Rs 10 Cr
Maurizio Cattelan's artwork "Comedian," a banana duct-taped to a wall, returns to the spotlight as it heads to auction, with Sotheby's estimating it will fetch between $1 million and $1.5 million.
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Baidu's ‘State of the Art’ ChatGPT-Like AI Chatbot Will Revolutionise Its Search Engine, Says CEO
Baidu, which has invested heavily in artificial intelligence in recent years, is regarded as at the forefront of efforts to create a Chinese rival to the AI platform developed by OpenAI and backed by Microsoft Corp.
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Donald Trump on Releasing NFT Cards: 'Did It for the Cute Art'
Donald Trump, in a recent interview said that he loved the art that is shown on the NFT trading cards he launched earlier this month. Amid the ongoing downturn in the NFT sector, pouring investment and churning profits was not on Trump’s list of reasons behind why he launched these NFTs.
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Electronic Arts to Buy Codemasters in $1.2 Billion-Deal to Deliver Better ‘Racing Experiences’
Electronic Arts said it had reached an agreement to buy Codemasters in a deal worth $1.2 billion (roughly Rs. 8,800 crores), trumping an earlier agreement between the British company and rival Take-Two Interactive.
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Alibaba Acquires Majority Stake in Chinese Supermarket Chain Sun Art
The Alibaba Group said it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group, gaining further ground in China's retail market. Alibaba, which already owned 21 percent of Sun Art through a unit, will raise its stake to around 72 percent through the acquisition of a similar stake in A-RT Retail Holdings, who owns...
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Why A Multi-Crore Painting Makes Financial Sense To The Ultra-Rich
Art appreciates over decades, it can be stored tax-efficiently in global freeports. Also, art can be gifted across generations tax-free.
-
Jeffrey Epstein Made Millions From Billionaire Leon Black, New Emails Reveal
Leon Black had hired the disgraced financier as his wealth adviser for tax, investment, and art matters.
-
'FIFA' Game Maker Electronic Arts To Be Taken Private In Record $55 Billion Deal
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund.
-
EA Says It Won't Raise Prices of Its Games to $80 'At This Stage'
EA has said it's not planning on raising the prices of its games at this stage. At the company's first-quarter earnings call, CEO Andrew Wilson said EA was not planning on changing its pricing strategy, including for upcoming Battlefield 6.
-
AstaGuru Auction House Announces Strategic Investment from Adar Poonawalla
Through this strategic partnership, Adar Poonawalla intends to take his vision forward and generate awareness and appreciation for Indian art on a global platform.
-
This Solitary Banana Duct-Taped To A Wall Could Sell For Over Rs 10 Cr
Maurizio Cattelan's artwork "Comedian," a banana duct-taped to a wall, returns to the spotlight as it heads to auction, with Sotheby's estimating it will fetch between $1 million and $1.5 million.
-
Baidu's ‘State of the Art’ ChatGPT-Like AI Chatbot Will Revolutionise Its Search Engine, Says CEO
Baidu, which has invested heavily in artificial intelligence in recent years, is regarded as at the forefront of efforts to create a Chinese rival to the AI platform developed by OpenAI and backed by Microsoft Corp.
-
Donald Trump on Releasing NFT Cards: 'Did It for the Cute Art'
Donald Trump, in a recent interview said that he loved the art that is shown on the NFT trading cards he launched earlier this month. Amid the ongoing downturn in the NFT sector, pouring investment and churning profits was not on Trump’s list of reasons behind why he launched these NFTs.
-
Electronic Arts to Buy Codemasters in $1.2 Billion-Deal to Deliver Better ‘Racing Experiences’
Electronic Arts said it had reached an agreement to buy Codemasters in a deal worth $1.2 billion (roughly Rs. 8,800 crores), trumping an earlier agreement between the British company and rival Take-Two Interactive.
-
Alibaba Acquires Majority Stake in Chinese Supermarket Chain Sun Art
The Alibaba Group said it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group, gaining further ground in China's retail market. Alibaba, which already owned 21 percent of Sun Art through a unit, will raise its stake to around 72 percent through the acquisition of a similar stake in A-RT Retail Holdings, who owns...
