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Monday, August 2, 2021
Chamath Palihapitiya

Billionaire Chamath Palihapitiya invests big in climate change

Billionaire investor Chamath Palihapitiya announced on Tuesday that he just made his “biggest investment in climate change.” In a tweet, Palihapitiya mentioned that he led...
Peter_Thiel_2016_RNC_

Peter Thiel starts a $575 million SPAC called Bridgetown Holdings

Peter Thiel, co-founder of PayPal Holdings, Inc. (NASDAQ: PYP) and Palantir Technologies is involved in a new special purpose acquisition company (SPAC). Thiel is known...

Nikola Founder Trevor Milton denies allegations of fraud amid GM merger and SEC, DOJ...

The stock of Nikola Motor Corporation (NKLA: NASDAQ), the electro-hydrogen car start-up, has been on a wild ride for the last week. The company's...

Chevron acquires Noble Energy in landmark $5 billion deal

On Monday, Chevron Corp. (NYSE: CVX) announced an acquisition agreement for Noble Energy (NASDAQ: NBL) at $5 billion. This marks the largest energy deal...

Chevron-Noble deal finalized with 90 percent shareholder approval

After months of prolonged talks, Noble Energy's shareholders voted with a sweeping majority of 90% to approve Chevron's $4.1 billion all-stock transaction to take...

Gary Cohn, ex-Trump adviser joins $600 million blank-check company IPO

Cohn Robbins Holdings (CRH), a new blank check company just formed by Gary Cohn and veteran investor Clifton Robbins, raised the proposed deal size for...

Clover Health attracts Chamath Palihapitiya with AI, inks $3.7 billion SPAC deal

Chamath Palihapitiya, the Canadian-American billionaire venture capitalist disclosed his newest target, Clover Health Investments, a Medicare Advantage insurance provider backed by Alphabet (GOOGL: NASDAQ).  On...

Aveva buys OSIsoft for $5 billion Softbank cashes out

UK based software company Aveva, majority-owned by French automation specialist Schneider Electric, struck a merger deal to acquire OSIsoft, the U.S.-based data management company...

Walmart confirms possible joint deal with Microsoft to buy TikTok

Walmart has confirmed discussions with Microsoft in a possible collaborative deal to purchase the U.S. TikTok division from Chinese company ByteDance. This adds another possible...

Bristol Myers Squibb to Acquire MyoKardia for $13.1 Billion

Bristol Myers Squibb (NYSE: BMY) announced that it will buy MyoKardia Inc. (NASDAQ: MYOK) for $13.1 billion or $225 per share in cash. The...

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FTC sends refunds to victims of credit card debt relief schemes

Victims of certain credit card debt relief schemes will receive refunds, according to the Federal Trade Commission (FTC). The federal consumer protection watchdog said it...