The world, in perspective.

<img style="float: right" src="https://i.ds.at/cesUtQ/rs:fill:150:0/plain/lido-images/2026/11/11/c46d40e3-441f-459f-866e-a8f418bbedf2.jpg">Der Börsenwert des Chipkonzerns verringerte sich von fünf auf vier Billionen Dollar. Hintergrund ist eine Affäre des Firmenchefs mit einer mutmaßlichen chinesischen Spionin

In a cruel twist, China's biggest overseas market last year was the United States.

The company, which operates a financial and payments platform for businesses, also opened its expanded office space in Guoco Tower on Wednesday (Nov 11).

<p>A lesson from the US midterms is that electorates are repelled by the arrogant mega-rich buying democracy. This is a fight Labour can afford to pick </p><p>For most people, $224m (£168m) is a lot of money, especially if you spend it and get nothing in return. But Elon Musk is richer than most people. In fact, there is no one richer.</p><p>As the wealthies

Since India embraced market reforms in 1991, family-run enterprises have modernized. Yet one aspect has remained stubbornly feudal: ownership.

At the top of the price range, Anthropic would have a market value of about $1 trillion, based on the shares outstanding listed in the filing.

<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_4633,w_6500/745698' alt='US President Donald Trump speaks in the James S. Brady Press Briefing Room at the White House in Washington, DC, US, November 9, 2026. (photo credit: REUTERS/AARON SCHWARTZ)' title='US President Donald Trump speaks in the Jame

AI infrastructure group turns to asset-backed debt and customer pre-payments for financing

<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_5372,w_8055/745818' alt='Nvidia founder and CEO Jensen Huang speaks with the media ahead of a meeting with the Senate Banking Committee on Capitol Hill in Washington, D.C., U.S., December 3, 2025. (photo credit: REUTERS/EVELYN HOCKSTEIN)' title='Nvidi

The measure would have imposed a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion.

Das KI-Unternehmen Anthropic hat Details seiner Börsenpläne veröffentlicht. Was die Aktien kosten sollen und wie viel Geld der US-Konzern damit erlösen will - trotz wachsender Zweifel an der Rentabilität der Branche.

A wealth tax on billionaires seemed like a political layup. The outcome of a California ballot initiative shows otherwise.

Das KI-Unternehmen Anthropic steuert auf einen der größten Börsengänge der Geschichte zu. Von der einst anvisierten Bewertung von zwei Billionen Dollar ist Konzernchef Dario Amodei aber abgerückt.

The workings of a U.S.-controlled bank account shed light on how Washington manages Venezuelan revenue after capturing the country’s president.

Amid growth of its U.S. exchange, the prediction market platform’s current annual run-rate is $1.8 billion.

NASA's Hubble Space Telescope has revealed surprising new details about a mysterious, 93-billion-mile-long cloud of dark, fluffy dust that may have formed when massive planetary bodies collided. The discovery challenges previous assumptions about the structure and offers new clues about the violent birth of planetary systems.

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Two economists debate what California's vote on Prop 40 means for the wealth tax movement.

Peking setzt weiter voll auf Export - und knackt auch dank umstrittener Subventionen erneut eine Rekordmarke: Der Handelsüberschuss von mehr als einer Billion Dollar wurde vor allem durch Technologiegüter und Elektroautos erzielt.

The proposed measure would have imposed a one-time 5 percent tax on Californian billionaires to fund healthcare.

Analysts on average expected a profit of more than $800 million.

After a 13-year wait, Rockstar Games' highly anticipated sequel returns to Vice City on Nov 19 with two protagonists, a sprawling new setting and plenty of criminal mayhem.

California voters have rejected a one-time tax on billionaires, US media projected, despite growing anger over global wealth disparity.

SoftBank Group announces fiscal second-quarter results for the year ending March 31, 2027.

The tax was introduced in response to steep cuts to California's healthcare funding that resulted from the passage of President Donald Trump's "Big Beautiful Bill."

Measure sought one-time 5 per cent levy on assets of 250 billionaires in US state

California voters rejected Proposition 40, the one-time 5% tax on billionaires, the AP reported Monday. Tech leaders outspent backers roughly 10 to 1 to defeat it, and the founders and economists TechCrunch interviewed before the vote were split on whether it would have driven out wealthy residents or just trimmed their fortunes.

Scott Farquhar and Mike Cannon-Brookes once held equal stakes in the software giant, but Farquhar is now selling shares, while Cannon-Brookes buys up.

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Proposition 40 targeted Californian billionaires with a 5% tax on their total wealth, including assets such as shares as well as income.

The automaker announced on Monday the new plant will start production in 2029 and expand its output by 240,000 vehicles a year.

The novel proposal would have charged billionaires a one-time 5% tax on most of their overall wealth, including their ownership in companies.

Voters in California have rejected a tax on the state's wealthiest residents, CBS News projects, following a campaign that has split traditional allies and shattered spending records for a tax-related measure in California.

The outcome could hinder the wealth tax movement in California and across the country in future years.

NBC News projects that Proposition 40, which split Democrats in the state and nationally, failed after facing a barrage of attack ads.

An Australian billionaire couple has made one of the biggest donations to conservation in Australia's history. An environment group says it could make their "incredible ambition" to manage 5 per cent of Australia's landmass possible.

CERN scientists have finally found evidence of a particle decay so rare that it happens only once in roughly 10 billion decays, ending a search spanning more than 40 years. The breakthrough could help physicists uncover hidden particles and forces that lie beyond the reach of today's most powerful accelerators.

Pre-orders for GTA 6 are still "unprecedented," says the publisher.

The updates came alongside a third-quarter earnings report for the legacy Paramount Skydance.

Nvidia’s board is probing CEO Jensen Huang over an affair with an alleged Chinese spy. The AI billionaire has acknowledged being unfaithful and apologised. Read More: https://punchng.com/who-is-nvidias-jensen-huang-the-ai-billionaire-at-centre-of-spy-scandal/

Paul McCartney has joined the pantheon of billionaires as Forbes has ranked his net worth at approximately $1.4 billion. The publication gave Sir Paul the designation with the launch of its newsletter “The Billie,” citing his catalog, legal maneuvers, tours and art collection as the bulk of his fortune. With $1.4 billion in earnings, he […]

Nvidia CEO Jensen Huang has been one of the poster boys for the AI revolution because his company's chips are essential for the technology. Now his personal life is in the spotlight after revelations of an affair with a purported Chinese spy that triggered an investigation by the board.