CrowdStrike rallies on cybersecurity company’s inclusion in S&P 500

CrowdStrike rallies on cybersecurity company’s inclusion in S&P 500

George Kurtz, chief executive officer of CrowdStrike Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares jumped as much as 10% on Monday after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing financial firm Comerica. S&P Dow Jones Indices said in a statement late Friday that CrowdStrike was being … Read more

Paramount CEO Bob Bakish steps down

Paramount CEO Bob Bakish steps down

Bob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 11, 2023 in Sun Valley, Idaho.  David A. Grogan | CNBC Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish will … Read more

David Ellison’s Skydance Media explores buying Paramount Global

David Ellison’s Skydance Media explores buying Paramount Global

Shari Redstone, president of National Amusements and Vice Chairman, CBS and Viacom speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019.  Mike Blake | Reuters David Ellison’s Skydance Media and its financial backers are exploring a deal to take private all of Paramount Global, people familiar with the matter told … Read more

BlackRock, AIIB among backers of Asia-focused Seraya Partners Fund I

BlackRock, AIIB among backers of Asia-focused Seraya Partners Fund I

Wind turbine blades rotate in the tidal flat in Yancheng city, Jiangsu province, China, November 18, 2023. Nurphoto | Nurphoto | Getty Images Top global asset managers including BlackRock are among investors in an Asia-focused infrastructure private equity fund that raised $800 million, underscoring growing interest in the asset class amid market volatility. The Seraya … Read more