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Big Business

Big BusinessCEO Insider

Google Restructures Finance Organization to Prioritize AI Investments

In a memo circulated on Wednesday, Chief Financial Officer Ruth Porat unveiled Google's plans to restructure its finance organization, signaling a strategic shift towards prioritizing investments in artificial intelligence (AI). The restructuring, which encompasses layoffs and relocations, reflects the company's commitment to adapting to the evolving landscape of the tech...
Big BusinessCEO ExplainersMoney and Wealth

Backed by Reliance Industries and Asia’s Wealthiest Individual, Viacom18’s Has an Ambitious Vision: Transforming Indian Media Landscape with Uday Shankar at the Helm

Once considered an underdog in the media landscape, Viacom18, along with its JioCinema streaming service, is set to emerge as a dominant force in the $28 billion Indian media market. Backed by Mukesh Ambani, chairman of Reliance Industries and Asia's wealthiest individual, Viacom18 plans to merge with Walt Disney Co.'s...
Big BusinessCEO ExplainersCEO Perspectives

Gina Rinehart: The Wealthiest Individual in Australia Expands Stake in Lynas Rare Earths, Embracing Energy Transition Opportunities

Renowned iron ore billionaire Gina Rinehart has expanded her investment portfolio by amassing a near-6% stake in Lynas Rare Earths Ltd., signaling her strategic focus on critical mineral producers crucial to the energy transition. Through her private company Hancock Prospecting Ltd., Rinehart acquired 6.6 million shares in the Sydney-listed company,...
Big BusinessCEO PerspectivesMoney and Wealth

The Evolution of Social Media Richest Titans: From IPOs to Acquisitions

The meteoric rise of social media platforms in the early 2010s ushered in a new era of digital entrepreneurship, transforming founders into billionaires virtually overnight. Mark Zuckerberg, the visionary behind Facebook, stands as the wealthiest social media entrepreneur globally, with a staggering net worth of $117 billion. Following closely behind...
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