Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | Afp | Getty Images Billionaire Masimo founder Joe Kiani, best known for his successful legal fight against Apple and his friendship with President Joe Biden, has borrowed against half of his $660 million stake in … Read more
A handful of American finance and tech tycoons are gearing up for multi-billion bids to buy TikTok after President Joe Biden signed an act which will force its Chinese owners to sell the app. The Wall Street and Silicon Valley figures are led by Steven Mnuchin, the former treasury secretary who has openly said he … Read more
Documents obtained by The Post indicate that Kamala Harris ignored calls from her staff to investigate Herbalife for pyramid-scheme behavior while serving as Attorney General of California — all while her husband, Douglas Emhoff, worked for the law firm representing Herbalife. According to the documents, Harris’s staff recommended she investigate the Los Angeles-based company, which … Read more
Jamie Dimon, CEO of America’s largest bank JP Morgan Chase, has been iced out of the White House’s good graces after apparently endorsing Republican policies and calling Donald Trump “kind of right,” The Post has learned. The self-identified Democrat has been labeled “MAGA curious” by White House insiders after telling Democrats to “respect” Trump’s supporters … Read more
Billionaire investor Bill Ackman, who led a campaign criticizing Harvard University as it has been rocked by turmoil over practices related to antisemitism, plagiarism and financial management, on Friday failed in a bid to get four candidates on the ballot for a governing board of the Ivy League school. One other candidate backed by Facebook founder Mark … Read more
Three members of the group behind the highbrow “TED Talks” lecture series resigned, claiming that the group took an anti-Palestinian stance for naming Bill Ackman as a 2024 main stage speaker. Astronomer Lucianne Walkowicz, filmmaker Saeed Taji Farouky and entrepreneur Ayah Bdeir co-signed a resignation letter on Wednesday, saying they are “no longer willing to … Read more
Bill Ackman’s Pershing Square Capital Management has reclaimed a spot on the list of the world’s 20 best-performing hedge funds nine years after falling out of the ranking. Pershing Square claimed the 20th spot after edging out Louis Bacon’s Moore Capital Management, according to research by LCH Investments. LCH said that the New York-based fund, … Read more
Business Insider’s top executive and parent company said Sunday they were satisfied with the fairness and accuracy of stories that made plagiarism accusations against a former MIT professor who is married to a prominent critic of former Harvard President Claudine Gay. “We stand by Business Insider and its newsroom,” said a spokesman for Axel Springer, … Read more
Neri Oxman, an architect and former MIT professor, as well as the wife of billionaire Bill Ackman, apologized Thursday for multiple instances of plagiarism in her 2010 dissertation that were reported by Business Insider. In the article, reporters Katherine Long and Jack Newsham wrote that Oxman had cited two authors, but did not use quotation … Read more
Billionaire hedge fund manager Bill Ackman called out the New York Times for publishing a “false and misleading” story about why he’s been outspoken about on-campus antisemitism at Harvard. The Times article published Tuesday, headlined “Bill Ackman’s Campaign Against Harvard Followed Years of Resentment,” reported that Ackman’s campaign to oust university President Claudine Gay has … Read more
