Sotheby's Auction House to Be Taken Private in $3.7 Billion Sale

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Sotheby's Auction House to Be Taken Private in $3.7 Billion Sale

LONDON — The auction house Sotheby’s will be bought by the telecommunications entrepreneur Patrick Drahi in a deal worth $3.7 billion, the company said on Monday. The acquisition of Sotheby’s by BidFair USA, which is owned by Mr. Drahi, returns the …
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Some Tesla Insiders Are Using This Options Strategy to Pocket Huge Sums

The insiders want their money out. Many Tesla outside investors and analysts have been jumping ship from the “quagmire” some see the company having become, as Fortune previously reported. But it’s not just them. Some Tesla insiders—directors and …
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Here's what major analysts are saying about Facebook's possible cryptocurrency launch on Tuesday

Facebook CEO Mark Zuckerberg makes his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30, 2019. Stephen Lam | Reuters. Wall Street analysts are eagerly anticipating Facebook’s possible unveil …
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Nvidia will support ARM-based CPUs for new, energy-efficient supercomputers

Nvidia is working with chip designer ARM on technology that’s designed to allow for more energy-efficient supercomputers. VentureBeat reports that the graphics company will give the ARM ecosystem access to all its high-performance and AI-focused …
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Archer Daniels expands flour recall to Pillsbury amid E.Coli outbreak

ADM Milling Co. is recalling its third brand of flour, Pillsbury, as part of an ongoing outbreak of E.coli, according to the Food and Drug Administration. The company is recalling about 4,620 cases of Pillsbury Best 5-pound Bread Flour that were distributed in …
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