Bill Ackman’s latest IPO bundles hedge fund access with a new fund

Pershing Square’s combined IPO gives investors access to Bill Ackman’s hedge fund by pairing it with a new closed-end fund. [...]

Bill Ackman moves into Microsoft, with the size to be disclosed today

Pershing Square has taken a new position in Microsoft, with the size to be disclosed in a 13F filing later on Friday. The stock is down roughly 16% year-to-date. Bill Ackman has bought Microsoft. Pers [...]

Trump’s ‘Big, Beautiful Bill’ is a middle finger to US solar energy

The so-called “Big, Beautiful Bill” will, if passed, make sweeping changes to the US’ clean energy market. While some of the worst provisions affecting the industry were stripped out during Sena [...]

Bill Ackman agrees with Jeff Bezos: the best way to help the world is to build something that works

Bill Ackman has spent close to $1 billion on philanthropy over two decades and concluded that capitalism is better at solving problems. “I’ve spent a fair amount of time on philanthropy, and it’ [...]

Bill Ackman proposes buying Universal Music Group for €56B

Pershing Square’s non-binding proposal values UMG at €30.40 per share, a 78% premium to its last closing price. Ackman argues the world’s largest music label has been undervalued by structural f [...]

Bill Ackman says Trump tariffs will bring 'an economic nuclear winter' — and urges a 'ceasefire'

Bill Ackman has a warning for President Donald Trump: Hit pause on the trade war on risk crashing the economy.Read more... [...]

Engadget Podcast: iPhone 16e review and Amazon's AI-powered Alexa+

The keyword for the iPhone 16e seems to be "compromise." In this episode, Devindra chats with Cherlynn about her iPhone 16e review and try to figure out who this phone is actually for. Also, [...]

Maine governor vetoes bill temporarily banning large data centers in the state

The governor of Maine, Janet Mills, has vetoed a bill that halts the construction of large data centers in the state until the fall of 2027. While the bill passed both houses of the Maine's legis [...]

Trump's 'Big, Beautiful Bill' is bad for American EVs, but it could have been worse

President Trump's "Big Beautiful Bill" has squeaked through the Senate in time for this weekend's pyrotechnic celebrations. The bill festively shoots down a long list of environmen [...]