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2 mins read

Bill Ackman will return his SPAC's $4 billion if his next-generation SPARC is approved. He quoted Warren Buffett to explain why.

The billionaire investor wants to focus on his new acquisition vehicle, as a lawsuit threatens to s…

Theron Mohamed   


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1 min read

Billionaire investor Bill Ackman is giving 26.5 million shares of Coupang to the Pershing Square Foundation and another non-profit

Billionaire hedge fund manager Bill Ackman is giving away 26.5 million shares of Coupang, worth $1.…

Will Daniel   


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2 mins read

Billionaire investor Bill Ackman helped pressure Pornhub into taking down millions of unauthorized videos, report says

The Pershing Square chief texted Mastercard's CEO about the problem, and both Mastercard and Visa c…

Theron Mohamed   


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2 mins read

Clear partners with OpenTable on vaccination proof as it sees wild acceleration for its biometrics tech from restaurants and employers

The emergence of the COVID-19 delta variant has sent employers, retailers, and restaurants scrambli…

Gloria Dawson   


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3 mins read

Here's who's keeping top payment players like Stripe, PayPal, and Square ahead of the competition

Payments is getting crowded and competitive, with pressure from both big banks and scrappy startups…

Dan DeFrancesco   


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2 mins read

Exclusive: Union Square Ventures warned startup founders in November to diversify their deposit holdings after alarm over Silicon Valley Bank

Union Square Ventures warned portfolio companies in November to diversify their bank deposits and n…

Ben Bergman   


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1 min read

Essar has sold Aegis to a Singaporean private investment firm

Essar exits BPO business, sells Aegis to Capital Square Partners

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3 mins read

Paris Hilton is hosting New Year's Eve in the metaverse. Here are 3 other ways you can celebrate without leaving your house

Avatars can bear witness to New York City's ball drop in Times Square, while Seoul, South Korea, wi…

Carla Mozée   


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2 mins read

Legendary investor Howard Marks says to snap up cheap assets now, as "waiting for the bottom is a terrible idea"

The Oaktree Capital Management investing chief told the Financial Times that he's buying the dip no…

George Glover   


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2 mins read

NFL quarterback Aaron Rodgers is giving out $1 million in bitcoin, but not every lucky fan is getting the same amount

Users on Twitter posted screenshots of varying amounts, with some receiving bitcoin worth either $1…

Shalini Nagarajan   


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2 mins read

Mark Penn's MDC-Stagwell merger faces more opposition

Insider's top advertising and media stories for June 4.

Lucia Moses   


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3 mins read

Jack Dorsey says VC involvement means crypto users don't own Web3 — and Elon Musk seems to agree

When Musk asked if anyone's seen Web3, Dorsey said, "It's somewhere between a and z" — possibly all…

Shalini Nagarajan   


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2 mins read

Isabelle Lee   


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3 mins read

I built a 655-square-foot tiny home in the backyard of my San Diego rental property and rake in $2,500 a month renting it to a college water-polo team

Villa, a company that helps Californians build tiny houses in their backyards, worked with Eugene C…

Kelsey Neubauer   


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7 mins read

Tech billionaire whose ex-staff allege he kept a 'harem' of women and schemed to kill his critics accuses the New York Post of defamation

Former Sequoia Capital partner Michael Goguen has been accused of sexual misconduct and a murder pl…

Jacob Shamsian,Áine Cain   


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5 mins read

A new book defends venture capital against detractors. But should we really be fueling the bubble?

In 'The Power Law,' journalist Sebastian Mallaby presents an in-depth look at modern venture capita…

Jonathan A. Knee   


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3 mins read

A startup aimed at disrupting payments and taking on Square and Plaid just raised a $35 million Series B led by Sequoia Capital

The revenue that can be generated via payments processing - where companies typically charge 1% of …

Dan DeFrancesco,Shannen Balogh   


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4 mins read

Mumbai gets its first public electric vehicle charging station at Kohinoor Mills

The charging infrastructure has been set up by Power Bank, the EV charging solutions brand from …

PTI   


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4 mins read

A partner at Bain Capital Ventures explains why payments companies need to do more than just move money to survive

"We do live in a world where anything touched by technology is getting cheaper," Harris said. Howev…

Shannen Balogh