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Friday, March 3, 2023
Family office of Nintendo heirs says patience is a super power
The investment firm managing nearly $1.5 billion of assets for members of Nintendo's founding family is willing to play a long game when it comes to portfolio companies and can wait more than a decade to see a turnaround, a top executive said. That timeline helps explain why Yamauchi-No.10 Family Office shows no sign of relenting nearly a year into its quest to take marine construction firm Toyo Construction Co private, a takeover battle that could see a critical turn at an annual shareholder meeting in June. https://ift.tt/YthP2xS
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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)
CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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Top fintech companies are rushing to tap into this new consumer trend, with several of them offering digital solutions to small merchants. h...
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