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Tag: Venture capital

Brazil’s Supreme Court releases assets of Elon Musk’s Starlink and X

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Brazil’s Supreme Court releases assets of Elon Musk’s Starlink and X

Elon Musk, CEO of Tesla Inc., at the U.S. Capitol in Washington, DC, USA, on Wednesday, July 24, 2024. Samuel Corum | Bloomberg | Brazil’s Supreme Court announced on Friday that it had ordered banks to transfer funds from Starlink and X accounts to pay the fines the court imposed on Elon Musk’s social network. […]

Sale of Darktrace valued at $5.3 billion to be pushed forward despite the tragic death of founding investor Mike Lynch on his yacht

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Sale of Darktrace valued at .3 billion to be pushed forward despite the tragic death of founding investor Mike Lynch on his yacht

The death of British technology entrepreneur Mike Lynch, who died last weekend when his luxury yacht suddenly sank in the Mediterranean, is not expected to impact the sale of cybersecurity company Darktrace, in which he and his wife own a significant stake. Thoma Bravo, a private equity firm specializing in software, agreed in April to […]