You Searched For "ma 2020" and got 20 results
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2 mins read
Cathie Wood's $9 billion flagship Ark fund cut all exposure to China after Beijing started cracking down on Jack Ma
Ma angered Beijing after a critical speech in October 2020, prompting intense regulatory scrutiny o…
Huileng Tan
2 mins read
Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group
Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …
Phil Rosen
2 mins read
Jack Ma's run-in with Beijing not only saw him disappearing for over 2 years, it also cost his companies over $850 billion
On Friday, Beijing announced a $985 million fine for Ant Group — an Alibaba affiliate — signaling a…
Huileng Tan
1 min read
MyoKardia soars 59% after Bristol-Myers agrees to acquire it for $13 billion in cash
MyoKardia's mavacamten candidate is expected to be submitted to the FDA for approval in the first q…
Matthew Fox
1 min read
Democrat Ed Markey defeats Republican Kevin O'Connor for a US Senate seat in Massachusetts
Incumbent Democratic Sen. Ed Markey is projected to win against Kevin O'Connor in Massachusetts.
Madison Hall
1 min read
Joe Biden has won Massachusetts
The state has 11 electoral votes and was not expected to be competitive.
Madison Hall
4 mins read
10 startups that could be the next healthcare M&A targets
These are the top stories written by Business Insider's healthcare team for the week ending August …
Lydia Ramsey Pflanzer
2 mins read
Jack Ma's run-in with Beijing not only saw him disappearing for over 2 years, it led to his wealth tanking by half and cost his companies hundreds of billions
Ma is now worth about $30 billion as of Wednesday — half of what he was worth in October 2020…
Huileng Tan
2 mins read
Ant Group's record-shattering IPO is highly unlikely to get done in 2021, a new report says
The delay in Ant Group's IPO has led some analysts to slash its valuation estimate in half, accordi…
Matthew Fox
4 mins read
Exxon could announce layoffs in the US soon
Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…
Benji Jones
2 mins read
Bill Ackman says he'll return $4 billion to PSTH investors after failing to close a SPAC deal - and trumpets his next-generation SPARC
The Pershing Square chief blamed the market's rapid rebound after the pandemic crash, investors sou…
Theron Mohamed
4 mins read
Here's what could happen next in Elon Musk's fight to get out of buying Twitter
Elon Musk may be trying to to walk away from the Twitter deal, but backing out will be far from eas…
Avery Hartmans,Grace Kay
3 mins read
Elon Musk's decision to pull a $44 billion deal for Twitter could see Wall Street's top banks lose hundreds of millions of dollars, scuppering one of 2022's biggest pay days.
The billionaire's decision to back out of the $44 billion acquisition of Twitter means that banks c…
Aaron Weinman
7 mins read
Inside the biggest deal of 2020 - Year-end IPO frenzy - How to get hired in private equity
S&P Global to buy IHS-Markit; another asset-management deal; rising stars of real estate; Wall Stre…
Meredith Mazzilli
2 mins read
Jack Ma's fintech Ant Group is planning a massive dual-listing IPO in Shanghai and Hong Kong, skipping New York
One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech compan…
Matthew Fox
4 mins read
'Neutron Jack' fired thousands of GE workers and helped the rise of 'Trumpism'. A new book explains why he was wrong
Former General Electric CEO Jack Welch was responsible for the worst of the US economic system, say…
Ryan Hogg
1 min read
SPAC volatility forces SeatGeek and Billy Beane of 'Moneyball' fame to shelve merger plans as the boom in blank-check deals fades
"Unfavorable" market conditions are "particularly impacting growth technology companies," the SPAC …
Carla Mozée
2 mins read
Microsoft is acquiring startup CyberX to help secure Internet of Things devices used in factories, farms, and other industrial settings
Microsoft announced in 2018 that it's investing $5 billion in connected devices, known as Internet …
Rosalie Chan
5 mins read
Kevin Hart sold a $100 million stake in his media company to private equity firm Abry. Here are 10 Hollywood more production shops that are hot M&A targets.
Deals like Apollo's stake in "Dune" producer Legendary are heating up M&A in Hollywood. Insider ide…
Natalie Jarvey,Elaine Low,Mad…
2 mins read
Alibaba's bizarre annual traditional of holding a mass wedding ceremony for its employees continued this year — without founder Jack Ma
This is the 17th year the company has held the group wedding. In order to take part, at least one m…