Rupert dreamed it, Lachlan bought it: the strategy behind Fox’s $22 billion Roku acquisition
Rupert Murdoch chased the TV Guide of the Future for years.He spent billions trying…
$6.5 billion Freestone Grove’s top energy investor is leaving the firm
A top energy trader is leaving the $6.5 billion hedge fund Freestone Grove just…
BUA Cement profit jumps 80% to N324.9BN on cost discipline, new markets entry
BUA Cement recorded a net foreign exchange gain of N16.57 billion during the first half…
Warren Buffett is out, and Berkshire Hathaway is spending again
Greg Abel might just be a little looser with the purse strings than Warren…
Meta agrees to settle teen addiction lawsuit for up to $16.7 billion
Some changes are coming for teen users of Meta platforms.The owner of Facebook and…
Harvey hits $15.5B valuation, months after reaching $11B
Harvey, the legal AI startup that VCs can't get enough of, has raised another…
OpenAI reportedly in talks to raise $30B round at $1.4T valuation
OpenAI is in talks with investors to raise at least $30 billion in a…
Venture capitalists are questioning the neolab math
Ben here. Up until recently, it was a great time to be the founder…
AI hyperscalers are expected to finish the year spending a whopping $828 billion on capex
Amazon, Alphabet, Meta, Microsoft, and SpaceX all reported increased capex spending for Q3.There's no…
Google will pay SpaceX $920M per month for compute
But its parent company Alphabet is on a spending spree. Alphabet has already committed…
N139.8bn unaccounted for between 2015, 2023 – Benue govt
A commission of inquiry set up by the Benue State Government to investigate public…
Nigeria flared 5.3 billion cubic metres of gas worth $1.5 billion in 2024 – German Ambassador
German Ambassador to Nigeria, Annett Günther, has disclosed that Nigeria lost an estimated $1.5…
Alleged money laundering: Court reduces Bodejo’s bail to N1 billion
A Federal High Court sitting in Abuja has reduced the N2 billion bail earlier…
‘Dapper, your cup don finally full’ – Singer T.I Blaze questions music executive over N1.2bn royalties
Singer, T.I Blaze, has called out music executive, Dapper Music, accusing him of failing…
Trump announces US majority control of Venezuela’s oil reserves
United States President Donald Trump has announced an agreement granting the country majority control…
The US fired over $22 billion in munitions fighting Iran and created stockpile shortages in the process, watchdog finds
US forces fired more than $22 billion in munitions fighting Iran this year, draining…
