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Pershing Square bids $64B for Universal Music Group

Pershing Square, led by billionaire investor Bill Ackman, has proposed a $64 billion takeover of Universal Music Group (UMG), marking a renewed attempt to gain control of the world’s largest music label. The offer, structured as a mix of cash and shares, values UMG at about 30.40 euros per share, representing a 78% premium over […]

SpaceX’s $1.75 Trillion Valuation Raises Questions Ahead of IPO

SpaceX is targeting a $1.75 trillion valuation in its anticipated IPO, a figure that would place it among the most valuable companies globally and ahead of firms like Meta Platforms and Berkshire Hathaway. Despite the scale, investor demand appears strong. The company could raise more than $75 billion, potentially setting a record for a public […]

Super Micro Launches Probe After Export Violation Case

Super Micro Computer has initiated an independent investigation following criminal charges against individuals linked to the firm over alleged export-control violations. The U.S. Department of Justice has charged co-founder Yih-Shyan Liaw, sales manager Ruei-Tsang Chang and contractor Ting-Wei Sun with orchestrating a scheme to bypass export restrictions on U.S.-made servers. According to authorities, the group […]