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Bidzina Ivanishvili, Georgia’s billionaire puppet master of the pro-Russia vote

Bidzina Ivanishvili is widely perceived to be the big winner of Georgia’s weekend parliamentary election. Although the results are bitterly contested, with tens of thousands of protesters flooding the streets of Tbilisi on Monday, Georgia’s richest man is credited with – almost single-handedly – having served his country to Russia on a silver platter. Source […]

Billionaire investor David Einhorn says buying HP stock is a cheap way into the AI craze

David Einhorn of Greenlight Capital.Brendan McDermid/ Reuters David Einhorn said computer hardware maker HP could eventually benefit from AI. HP will likely see “high-teens growth” in the years ahead, he said. He said HP stock trading around 10x earnings looks “very reasonable.” Famed hedge fund investor David Einhorn is eyeing a tech stock that could […]

Beijing sanctions Taiwan tech billionaire Robert Tsao and DPP lawmaker Puma Shen

Beijing has sanctioned Taiwanese businessman Robert Tsao Hsing-cheng and Taiwanese lawmaker Puma Shen for supporting what it says are “violent” pro-Taiwan independence sentiment and activities. Under the sanctions, Shen and Tsao, as well as their families, are barred from entering mainland China, Hong Kong or Macau. All businesses associated with them are also prohibited from […]