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Elon Musk says he was joking about buying Manchester United

Elon Musk says he was joking about buying Manchester United

Aug 17 (Reuters) – Elon Musk, the world’s richest person, said early on Wednesday he was joking when he tweeted hours earlier that he would buy currently struggling English soccer club Manchester United Plc ( MANU.N). “No, that’s a longtime joke on Twitter. I don’t buy any sports teams,” Musk said when asked by a …

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Exclusive: Tencent plans to sell $24 billion stake in Meituan

Exclusive: Tencent plans to sell $24 billion stake in Meituan

Tencent seeks to initiate sale of Meituan stake this year – sources Sale seeks to appease regulators and monetize 8-year-old betting sources Sale of stake likely to be made as a block transaction – sources This decision comes after the sale by Tencent of JD.com and the participations of SEA Meituan shares sink 10%; Tencent …

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Third Point Reveals Nearly $1 Billion Disney Stake, Demands Changes

Third Point Reveals Nearly $1 Billion Disney Stake, Demands Changes

Aug 15 (Reuters) – Hedge fund Third Point on Monday disclosed a roughly $1 billion stake in Walt Disney Co (DIS.N) and said it planned to push the media company to bring a series of changes, ranging from splitting off cable sports channel ESPN to buying back stock and adding new board members. Billionaire investor …

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EXCLUSIVE Tencent seeks to increase stake in 'Assassin's Creed' maker Ubisoft - sources

EXCLUSIVE Tencent seeks to increase stake in ‘Assassin’s Creed’ maker Ubisoft – sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to increase its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots into the global market gambling, four sources with direct knowledge of the matter told Reuters. China’s largest social media and gaming company, which acquired a …

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