WeWork Founder's Fortune Plunges as Angst Spreads Ahead of IPO

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WeWork Founder's Fortune Plunges as Angst Spreads Ahead of IPO

That would leave Neumann with a stake of about $3 billion — not enough for a listing in the 500-member Bloomberg Billionaires Index. Still, that's
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Momentum Grows for a Digital Watchdog to Regulate Tech Giants

With Big Tech accused of everything from decimating industries to abusing privacy, calls are growing for the creation of a federal regulator.
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Tesla rival Rivian is raking in a new $350 million investment after big cash infusions from Amazon and Ford

The electric-vehicle startup Rivian said on Tuesday that it will receive a $350 million investment from the automotive services company Cox Automotive. The companies will consider opportunities to work together on service, logistics, and digital retail, and Cox …
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Billionaire NBA Owners Widely Support Proposed Investment Fund

The National Basketball Association's plan to create an investment vehicle that would buy minority shares of its teams has broad support among
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Apple touches $1 trillion market cap again after iPhone launch

Apple touched a $1 trillion market cap in intraday trading again on Wednesday, following its announcement Tuesday of a slew of new products, including the iPhone 11. Apple’s share price was up over 2% during intraday trading on Wednesday, trading at …
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