Keywords: Bill Ackman


Ackman’s Pershing Square takes new stake in Microsoft, citing attractive valuation

Hedge fund manager Bill Ackman has announced that his firm Pershing Square Capital Management is taking a new investment position in Microsoft, describing the tech giant’s valuation as “highly compelling.” The disclosure was made ahead of a formal announcement by the fund, with Ackman......

Pershing Square proposes $65 billion deal to acquire Universal Music Group

Investment firm Pershing Square, led by billionaire investor Bill Ackman, has put forward a proposal to acquire Universal Music Group (UMG) in a deal valued at nearly $65 billion, combining cash and stock. According to the offer, the transaction would value the world’s largest music company at......

South Korea accuses DeepSeek of sharing user data with TikTok owner

South Korea has raised allegations against the Chinese AI company DeepSeek for allegedly sharing user data with ByteDance, the parent company of TikTok. According to the Yonhap news agency, the South Korean data regulator revealed that DeepSeek had been in communication with ByteDance, though the specific......