Month: May 2026

The IPO prospectus SpaceX dropped last night revealed how much the world’s largest public offering is underpinned by a founder firmly in control. Elon Musk, who previously complained he didn’t have a big enough say in Tesla, will control 85% of the vote at SpaceX through special shares (and will ...

Steel tycoon Andrew Carnegie, in called it a disgrace to die rich. The robber barons were ruthless, but they also endowed universities, charities, and civic institutions that endure today. How will tech billionaires of the AI age be remembered? Jeff Bezos used his CNBC interview yesterday to pan philanthropy, arguing ...

Generic versions of Ozempic went on sale this week in Canada — somehow the world’s second-largest GLP-1 market — raising questions about whether Novo Nordisk’s failure to renew its Canadian patent and prevent the entry of generic companies into the country was a bit of cunning corporate strategy or an ...

Qatar Investment Authority and Spain’s state-backed investor COFIDES will establish a €300 million ($349 million) joint fund to back Spanish companies involved in the green transition and digital transformation. The new vehicle will be managed by Madrid-based private equity firm Portobello Capital, which oversees about €4.5 billion in assets and ...

Qatar Airways reported a decline of more than 7% in annual net profit, in a sign of how Gulf airlines are struggling to cope with the biggest disruption to their operations since the pandemic. The state-owned carrier posted a $1.9 billion profit for the year to the end of March, ...

Israel’s far-right national security minister, Itamar Ben-Gvir, has triggered global outrage after sharing footage of himself taunting bound activists who had been detained as they tried to sail to Gaza with aid. The video has been widely condemned by world leaders, including the Italian prime minister, Giorgia Meloni, and by ...

On a school night in early December, a freshman at Radnor High School in Pennsylvania wrote in Snapchat messages to his friends that his parents took his phone away. “why,” one replied. “the app,” he answered. “o shi. did you admit to what it was or just the money,” another ...

I have been playing Magic: The Gathering on and off since I was a child and in that time I’ve read countless articles and websites about the game. Much of it is lost to time and internet churn. Sites are deleted and even the strongest hobby writing vanishes if it ...

Scientists have discovered the oldest fossilized evidence of sexual reproduction and locomotion in animals at a remote site in Canada’s Northwest Territories that dates back 567 million years to the Ediacaran period, according to a study published on Wednesday in Science Advances. According to researchers, the finding pushes the origins ...

The guidance was published on Thursday following the landmark Supreme Court ruling last year. ...