Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership
Investors will expect stratospheric rewards from the extraordinary surge in investment
‘Use it or lose it’
Jonathan Gray says portfolio of world’s largest alternative asset manager shows signs of inflation waning
Group behind CNN and HBO has discussed options including spin-off of its streaming service and movie studio
Plus, how Peter Thiel helped fund JD Vance’s rise and hype brand Supreme’s unexpected buyer
Former Segantii employee Robert Gagliardi says SEC does not plan action against him
Disney CEO makes his first foray into sports ownership in agreement to purchase Angel City FC as interest in the league grows
Thom Browne and German sportswear brand in fresh logo battle
GMB ballot at Coventry warehouse falls just short of majority
Donald Trump’s VP pick was a venture capitalist who has been bankrolled in business and politics by billionaire investor
Franco-Italian group adds US brand to portfolio in first foray outside eyewear and lenses
Plus, a shocking bankruptcy court ruling for private equity lawyers and Intel venture arm’s big bets in China raise US alarms
Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America and Citigroup reported $8.2bn in fees
Stanford computer scientist’s ‘spatial intelligence’ venture wins backing from investors including Andreessen Horowitz
Morgan Stanley, JPMorgan and Goldman Sachs set to secure top roles on fintech’s potential offering
Deal would be rare bright spot for investors who have struggled to return money to backers in recent years
Billionaire entrepreneur labels state law on transgender children as ‘final straw’
America Pac has raised over $8.7mn from backers including Palantir’s Joe Lonsdale, Andreessen Horowitz founders and Sequoia’s Doug Leone
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets with interest rates higher
The longer the Fed keeps rates on hold, the more incentive Americans have to move their money to higher-yield products
CMA had invited comments over tie-up as part of broader concerns about dealmaking in AI industry
Results from second-largest lender in US show strain of higher rates on banks and borrowers
With high-end goods makers keen to sell more directly to consumers, the business model desperately needs a makeover