Softbank to invest $9bn in pivot to AI May 27, 2024 Japanese tech company Softbank is to invest almost $9bn in artificial intelligence, as it pivots away from its traditional venture capital model of investing. Softbank became known globally for its flagship Vision Fund, investing in pie in the sky companies which occasionally translated to a massive win. Most famously, the company invested a staggering total [...]
Boohoo shareholders ‘furious’ at ‘outrageous’ boss bonuses May 27, 2024 Shareholders at Boohoo Group will reportedly revolt over a decision to hand top bosses one million pound bonuses, despite the company reporting a £160m loss.
“Disgusting” revelation on sewage should see Thames Water “ripped up” May 27, 2024 Thames Water should be “ripped up” and no longer allowed to be for profit, after it emerged some 14bn litres of sewage were released in 2023, the Liberal Democrats have said.
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss May 27, 2024 Tesla is facing a shareholder revolt over plans to award boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm's second-largest investor behind Musk himself now advised to block the deal.
Could Persimmon be set for £1bn takeover of housebuilding rival Cala Group? May 27, 2024 Persimmon plots £1bn takeover of Cala Group
Starling investor eyes £10bn valuation for bank as tech business takes off May 27, 2024 One of Starling Bank's top investors has said the digital lender could reach a valuation of nearly £10bn within the next few years on the back of fees from its recently launched tech business.
Unsure of where to start? Here’s how to bring your business idea to life May 27, 2024 Damian Skendrovic takes the pen to tell Ambition A.M. how to bring your business idea to life, while managing the growing pains of change along the way.
Meet the founder sewing together a new kind of circular fashion ecosystem May 27, 2024 Layla Sargent, the founder of online service repair platform The Seam, shares how she's made way for a new kind of circular fashion ecosystem.
Meet the fund managers: Finding bonds in emerging markets May 27, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Victoria Harling, head of emerging market corporate debt at Ninety One.
Why buy-now pay-later firms are still waiting for regulation three years on May 27, 2024 As officials from the Treasury and Financial Conduct Authority sat down with a buy-now pay-later (BNPL) boss to chat through their impending regulatory clampdown last year, frustration boiled over.
