Billion Dollar Companies
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This Indian-Origin Investor Could Earn $128 Billion From SpaceX IPO
SpaceX IPO: If SpaceX listing succeeds, it could make Elon Musk world's first trillionaire. And the Indian-origin investor may rake in billions.
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Warner Bros Shareholders Approve Of Paramount's 81 Billion Dollar Takeover
David Zaslav, CEO of Warner Bros. Discovery, said in a statement that stockholder approval marks "another key milestone toward completing this historic transaction."
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Anthropic Turns To Court After Pentagon's "Supply-Chain Risk" Designation
Anthropic on Wednesday sought a stay from a US appeals court after the Pentagon said the company was a supply-chain risk, pending a judicial review of the case, adding that the designation could cost it billions of dollars in lost revenue.
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US Slaps Sweeping Sanctions On Iran Over Protest Crackdown
The US announced a far-reaching new round of sanctions against Iran, targeting senior security officials, a notorious prison accused of abusing detainees, and a sprawling network of front companies used to launder billions of dollars from oil.
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North Korea Has Stolen Billions In Crypto, Tech Firm Salaries: Report
North Korean hackers have pilfered billions of dollars by breaking into cryptocurrency exchanges and creating fake identities to get remote tech jobs at foreign companies, according to an international report on North Korea's cyber capabilities.
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Labubu Maker Wang Ning Loses 6 Billion Dollars In A Month As Viral Doll Goes Dull
Pop Mart founder Wang Ning's net worth declines from $27.5 billion to $21.6 billion as sales of the company's popular Labubu dolls slow down
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Trump Says US Will Reap Billions From Tariff Blitz. But Who Pays The Bill?
US President Donald Trump says the United States will reap billions of dollars from his tariff blitz, but who pays the bill?
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All About Elon Musk's Educational Background And His Journey To Top
Elon Musk Journey 2025: In 1995, Musk was accepted into Stanford University's graduate program in Materials Science, but he chose not to enroll.
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Opinion | Has Trump Abandoned Ukraine In Favour Of Russia?
As a former businessman, Trump sees things from the perspective of profitable deals. Sanctions have hit Russia, but American companies have also suffered business losses running into billions of dollars as a result.
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Ontario Bans US Firms from Government Contracts, Dumps Starlink Deal
Ontario, Canada's most populous province and its economic engine, announced Monday a ban on US companies bidding on tens of billions of dollars worth of government contracts, and dumped a deal with Elon Musk's Starlink in a pushback to US tariffs.
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4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
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Samsung Electronics Says It Is Not Interested in Spinning Off Foundry Business
Samsung chairperson Jay Y. Lee has said that the company is not looking to spin off its businesses of contract chip manufacturing and logic chip designing operation. Analysts say the two businesses are incurring billions of dollars of annual losses due to weak demand and have been dragging down Samsung's overall performance.
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Lawsuit Claiming Elon Musk, Tesla Rigged Dogecoin Dismissed
Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses.
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Elon Musk's X Files Lawsuit Accusing Advertisers of Boycotting Platform
Elon Musk-owned X has filed a lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health. The lawsuit has alleged that advertisers have collectively withheld billions of dollars in advertising revenue from X.
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Nokia Taps AI Boom With $2.3 Billion Infinera Purchase
Nokia is on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence (AI), as part of the Finnish company's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal. The acquisition of Infinera will help it to leapfrog Ciena and become the second largest ...
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This Indian-Origin Investor Could Earn $128 Billion From SpaceX IPO
SpaceX IPO: If SpaceX listing succeeds, it could make Elon Musk world's first trillionaire. And the Indian-origin investor may rake in billions.
-
Warner Bros Shareholders Approve Of Paramount's 81 Billion Dollar Takeover
David Zaslav, CEO of Warner Bros. Discovery, said in a statement that stockholder approval marks "another key milestone toward completing this historic transaction."
-
Anthropic Turns To Court After Pentagon's "Supply-Chain Risk" Designation
Anthropic on Wednesday sought a stay from a US appeals court after the Pentagon said the company was a supply-chain risk, pending a judicial review of the case, adding that the designation could cost it billions of dollars in lost revenue.
-
US Slaps Sweeping Sanctions On Iran Over Protest Crackdown
The US announced a far-reaching new round of sanctions against Iran, targeting senior security officials, a notorious prison accused of abusing detainees, and a sprawling network of front companies used to launder billions of dollars from oil.
-
North Korea Has Stolen Billions In Crypto, Tech Firm Salaries: Report
North Korean hackers have pilfered billions of dollars by breaking into cryptocurrency exchanges and creating fake identities to get remote tech jobs at foreign companies, according to an international report on North Korea's cyber capabilities.
-
Labubu Maker Wang Ning Loses 6 Billion Dollars In A Month As Viral Doll Goes Dull
Pop Mart founder Wang Ning's net worth declines from $27.5 billion to $21.6 billion as sales of the company's popular Labubu dolls slow down
-
Trump Says US Will Reap Billions From Tariff Blitz. But Who Pays The Bill?
US President Donald Trump says the United States will reap billions of dollars from his tariff blitz, but who pays the bill?
-
All About Elon Musk's Educational Background And His Journey To Top
Elon Musk Journey 2025: In 1995, Musk was accepted into Stanford University's graduate program in Materials Science, but he chose not to enroll.
-
Opinion | Has Trump Abandoned Ukraine In Favour Of Russia?
As a former businessman, Trump sees things from the perspective of profitable deals. Sanctions have hit Russia, but American companies have also suffered business losses running into billions of dollars as a result.
-
Ontario Bans US Firms from Government Contracts, Dumps Starlink Deal
Ontario, Canada's most populous province and its economic engine, announced Monday a ban on US companies bidding on tens of billions of dollars worth of government contracts, and dumped a deal with Elon Musk's Starlink in a pushback to US tariffs.
-
4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
-
Samsung Electronics Says It Is Not Interested in Spinning Off Foundry Business
Samsung chairperson Jay Y. Lee has said that the company is not looking to spin off its businesses of contract chip manufacturing and logic chip designing operation. Analysts say the two businesses are incurring billions of dollars of annual losses due to weak demand and have been dragging down Samsung's overall performance.
-
Lawsuit Claiming Elon Musk, Tesla Rigged Dogecoin Dismissed
Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses.
-
Elon Musk's X Files Lawsuit Accusing Advertisers of Boycotting Platform
Elon Musk-owned X has filed a lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health. The lawsuit has alleged that advertisers have collectively withheld billions of dollars in advertising revenue from X.
-
Nokia Taps AI Boom With $2.3 Billion Infinera Purchase
Nokia is on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence (AI), as part of the Finnish company's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal. The acquisition of Infinera will help it to leapfrog Ciena and become the second largest ...
