Latest in Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
Sort by
6,523 items
-
Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.CNBC - Mar. 21 -
Dollar Tree sells Family Dollar to private equity firms after a decade
Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decadeABC News - 1d -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - Mar. 13 -
UFC announces return to Abu Dhabi for Fight Night event in July
The UFC will return to Abu Dhabi for a Fight Night event this summer. Promotion officials announced Thursday morning that a UFC Fight Night event will take place July 26 at Etihad Arena in Abu ...Yahoo Sports - Mar. 20 -
Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm
A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.CNBC - Mar. 20 -
Dollar Tree Is Selling Family Dollar for $1 Billion
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.The New York Times - 1d -
Dollar Tree Is Selling Family Dollar for $1 Billion
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.The New York Times - 1d -
Celtics to reportedly be sold to private equity firm co-founder Bill Chisholm for record $6.1 billion
The Celtics reportedly found their next owner.Yahoo Sports - Mar. 20 -
Private equity wants a larger piece of the $12.5 trillion workplace retirement plan market
With the new Trump administration, private equity firms see a greater opportunity in the $12.5 trillion in assets in employer-sponsored retirement plans.CNBC - Mar. 11 -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - Mar. 10 -
SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence.The New York Times - Mar. 19 -
SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence.The New York Times - Mar. 19 -
SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence.The New York Times - Mar. 19 -
Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
As Europe looks to hike defense spending, CNBC spoke to industry experts about how the money could be spent — and where it leaves U.S. firms.CNBC - 1d -
Private equity could lift UK property out of the bargain basement
There is not much to impede the assault by nimble buyout firmsFinancial Times - Mar. 10 -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - Mar. 12 -
San Francisco Giants Sells Stake to Private Equity Firm Sixth Street
One of Major League Baseball’s biggest franchises sells 10 percent of the team to Sixth Street Partners.The New York Times - Mar. 20 -
Celtics to be sold to private equity co-founder for $6 billion, reports say
William Chisholm, a Massachusetts native and lifelong fan, will purchase the historic NBA franchise.NBC News - Mar. 20 -
A 'very rare trend' is taking place in the fixed-income market, led by a booming trade in AI data center bonds
Bonds issued to fund AI data centers are one example of where investors are placing bets as stocks decline, but treasuries and corporates remain out of favor.CNBC - 4d -
Is KKR’s bad bet on cycling the start of Europe’s private equity reckoning?
The US buyout giant bought bikemaker Accell at the peak of a pandemic-era deals boom. It has just completed a painful restructuringFinancial Times - 5d -
NBA's Boston Celtics sold for record $6.1 bn
The NBA's Boston Celtics are being sold to the head of a California private equity firm for $6.1 billion, a record price for a US sports franchise, the club's owners confirmed Thursday."If ...Yahoo Sports - Mar. 20 -
Retail investors ditch buy-the-dip mentality during the market correction
Retail outflows from U.S. equities rose to about $4 billion over the past two weeks, according to data from Barclays.CNBC - Mar. 18 -
Caolan Loughran pushes for Abu Dhabi fight after UFC London win
LONDON – Caolan Loughran beat Nathan Fletcher with a split decision Saturday on the preliminary card at UFC Fight Night 255 at The O2 in London. Take a look inside the fight with Loughran, who ...Yahoo Sports - 1d -
Lynch: The PGA Tour doesn’t own a major. For private equity, that’s a big problem
Now that private equity is in the game, a debate that was once a tedious mix of politics and peevishness has real commercial meaning.Yahoo Sports - Mar. 14 -
With U.S. Aid Cuts No Longer a Threat, Rwanda Bets Big on Soft Power
Rwanda appears to be betting on its reputation as a key security partner and sports destination to minimize any backlash to its involvement in the war.The New York Times - Mar. 11 -
A Fire Plunged Heathrow Into Darkness. A Nearby Data Center Kept Humming. Why?
It could cost $100 million and take years to install the backup generators to prevent another hourslong power loss like the one at Britain’s biggest airport last week.The New York Times - 1d -
What to Know About Paul Weiss, the Law Firm Bowing to Trump’s Demands
The 150-year-old firm has employed many Democrats, including Manhattan’s former U.S. attorney. Its revenue was more than $2.6 billion last year.The New York Times - 6d -
This could be the start of a $1 trillion shift away from U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS strategist said Friday.MarketWatch - Mar. 14 -
Nvidia Bets Big on Synthetic Data
Nvidia has acquired synthetic data startup Gretel to bolster the AI training data used by the chip maker's customers and developers.Wired - Mar. 19 -
Renewable Energy Jumps to a New High, Powered by China Solar Boom
Renewable energy is booming. And the U.S. now has 176 billion watts of solar panel power.Inc. - 1d -
Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war
Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.NBC News - Mar. 10 -
Microsoft is open to using natural gas to power AI data centers to keep up with demand
Microsoft Vice President of Energy Bobby Hollis said natural gas with carbon capture is an option if the projects are commercially viable.CNBC - Mar. 11 -
3 simple (but important) home equity decisions to make right now
Tapping into your home equity can be a smart way to borrow, but there are some decisions to make first.CBS News - Mar. 12 -
We're adding to an industrial that eased worries about its AI data center business
We're making another buy on Thursday — taking advantage of weakness and lower stock prices in a deeply oversold market.CNBC - Mar. 13 -
Software bug at firm left NHS data 'vulnerable to hackers'
The NHS is looking into claims that a software flaw at Medefer left patient data vulnerable.BBC News - Mar. 10 -
China frees staff of U.S. firm Mintz in move to soothe foreign sentiment
China released five employees of the U.S. corporate due diligence firm Mintz who were detained two years ago as it seeks to reassure foreign firms.NBC News - 3d -
Launches of private asset ETFs raise concerns in funds industry
Insiders fear private credit and equity are ill-suited to highly liquid products for retail investorsFinancial Times - 1d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
Private equity is heading for a shake-up, experts say: 'This market actually is a good reset'
"You need to have your private markets beating your public market," Gaia Investment Partners' Serena Tan said.CNBC - Mar. 14 -
Is the new inflation data a good sign for the U.S. economy?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 12
