One afternoon in July, not long after being named the wealthiest man on the planet by Forbes, Bernard Arnault, the head of the LVMH Moët Hennessy Louis Vuitton luxury goods empire, took his place on a stage with a view of the Eiffel Tower before a packed crowd of French dignitaries and reporters. In the […]
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The News Arm, the British chip design company whose technology has been essential to nearly all mobile phones, raised $4.87 billion in an initial public offering, it said on Wednesday. Arm’s I.P.O. is the largest this year, and values the company at $54.5 billion. Background: SoftBank bet big on Arm’s leading an A.I. revolution. The […]
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Masayoshi Son, the chief executive and billionaire founder of the tech conglomerate SoftBank, believed so strongly in Arm, the British chip design company he bought in 2016 for $32 billion, that he guaranteed some big investors they wouldn’t lose money on the deal. If anything, Mr. Son told those investors, including Saudi Arabia’s Public Investment […]
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A new biography of Elon Musk portrays the billionaire entrepreneur as a complex, tortured figure whose brilliance is often overshadowed by his inability to relate on a human level to the people around him — his wives, his children and those on whom he relied to help build the space exploration and electric car businesses […]
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A new biography of Elon Musk portrays the billionaire entrepreneur as a complex, tortured figure whose brilliance is often overshadowed by his inability to relate on a human level to the people around him — his wives, his children and those on whom he relied to help build the space exploration and electric car businesses […]
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