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Knicks guard nearly wipes out Michael Bloomberg diving for loose ball during NBA Finals Game 3
Sitting courtside at a basketball game brings its own inherent danger and former New York City Mayor Michael Bloomberg nearly found out the hard way on Monday night. The loose ball bounced toward the 84-year-old billionaire during Game 3 between the New York Knicks and San Antonio Spurs. Knicks guard Jose Alvarado dove into the stands and nearly crushed Bloomberg in the process.
Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports
Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports June 4 : Broadcaster Fuji Media Holdings received stronger-than-expected interest for its real estate subsidiary Sankei Building, attracting bidders including KKR, Blackstone and Goldman Sachs, Bloomberg News reported on Thursday, citing people familiar with the matter. Last month, more than 15 companies submitted bids for the real estate unit with multiple offers above 1 trillion yen ($6.26 billion), the...
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports June 9 : Starbucks is weighing options for its Japanese business, including a stake sale, Bloomberg News reported on Tuesday. A stake sale might be valued at ¥400 billion ($2.5 billion) to ¥500 billion, possibly attracting interest from other industry players and private equity firms, the report added, citing people familiar with the matter. Starbucks did not immediately respond to Reuters' request for a...
Glazer family members studying Manchester United stake sale, Bloomberg News reports
Glazer family members studying Manchester United stake sale, Bloomberg News reports June 3 : Some Glazer family members have been debating whether to sell their stake in Manchester United FC after more than two decades of ownership, Bloomberg News reported on Wednesday, citing people familiar with the matter. Several stakeholders in the Glazer family have been studying the possibility of divesting part or all of their holdings in the English Premier League football club, according to the...
SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports
SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports June 2 : Elon Musk's SpaceX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75 per cent on the roughly $75 billion it aims to raise this month, Bloomberg News reported on Tuesday. The banks are still likely to rake in about $500 million from the record-setting listing of the space and AI conglomerate, the report added, citing people familiar with the matter. Goldman...
Bloomberg Retracts Incorrect Story on RBI Gold
Bloomberg News retracted a story published June 2 that was based off an incorrect analysis by Bloomberg Economics. The analysis erroneously used same-day domestic gold prices to value RBI’s gold reserves. Using previous day’s London Bullion Market Association price shows that gold holdings were unchanged in May.
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports June 10 : SoftBank Group's talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday, citing sources. The company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a later stage.
Kalshi is building a prediction markets 'Bloomberg Terminal' for high-end traders, source says
Prediction market platform Kalshi is developing a new interface for its highly engaged traders to track the company's prediction markets, according to a source familiar with the plans. The product, which the source compared to the "Bloomberg Terminal" for traditional equities and derivatives, is currently in alpha testing with a select group of traders on the platform and has been in development for about a month. Some of the features of the interface, which were shown to CNBC, include...
AI and the race to capital dominate at Bloomberg Tech
The biggest stories from Bloomberg Tech in San Francisco came down to a massive race to capital and the future of AI. Ed Ludlow breaks down a blockbuster lineup featuring major newsmaker moments.