Fundraising in the private-markets business can be tough. Wining and dining big investors for each new vehicle creates an endless treadmill. Worse, the typical closed-end fund structure ignores ...

Private equity firms are facing early tests to the theory that Donald Trump’s return to the White House is a net win for ...

Elon Musk’s not-so-friendly bid to buy OpenAI for $97.4 billion caught many in the tech world by surprise, but it’s just the ...

During Valentine’s Day month, we are taking a look at 50-50 owned private businesses. Forming a co-owned company may sound like a good idea on ...

For most startups, a buyout offer nearing $100bn is something to be celebrated. But OpenAI is not like other startups—and Elon Musk is not like other acquirers.

HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on ...

Elon Musk, one of the most influential figures in the tech industry, has once again made headlines with a bold move — offering to buy OpenAI’s nonprofit arm for $97.4 billion. The proposal has sparked ...

OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit co ...