paul singer

Billionaire's non-profit launches fundraiser to thank NYPD for being 'a true friend to the Jewish community'

The Paul E. Singer Foundation -- the charitable outfit of hedge fund billionaire Paul Singer -- is looking to raise at least $250,000 for the New York City Police Foundation, and has...

Hyperinflation could cause worst economic crisis since WWII, hedge fund warns

The hedge fund said the Fed, other central banks have been "dishonest" about the cause of inflation.

Nikki Haley accuses NY AG James of leaking donor list, breaking law

“We look at the last page from what Politico provided and it has the New York state attorney general’s office stamp on it. So that office leaked it to the...

AT&T execs roll their eyes as Elliott Management takes victory lap on $43B merger

Some higher ups at AT&T aren't too happy about billionaire Paul Singer's hedge fund's response to their $43 billion media merger on Monday. “Elliott Management is taking a victory lap...

Jeffrey Katzenberg's Quibi takes shot at billionaire's personal life

Quibi, the defunct streaming service founded by Hollywood mogul Jeffrey Katzenberg, wants to know whether Elliott Management's financing of a patent lawsuit against it was motivated by a personal relationship...

Paul Singer looking to cash in on demand for tattoo removals

Paul Singer is betting that when people finally emerge from lockdown they'll be looking to erase a lot of bad decisions -- from their arms, chests, backs and ankles, for...

NYC's golden geese are fleeing

New York’s golden geese are flying south, and not just for the winter. The analytics firm Unacast reports that more than 3 million people have fled the city during the...

Paul Singer's giant hedge fund is leaving NYC for Florida

Billionaire Paul Singer is about to become the latest snowbird of prey to fly out of New York City. The relentless activist investor -- who recently squared off against Twitter...

Matt Drudge rumored to be seeking investors for Drudge Report

Matt Drudge is the latest media mogul rumored to be looking for a cash infusion in the form of a partial sale of his popular news website Drudge Report. The...

Alibaba's Jack Ma quits SoftBank board after $18B Vision Fund loss

Billionaire Alibaba founder Jack Ma on Monday resigned from SoftBank's board in the latest departure by a high-profile ally of CEO Masayoshi Son. SoftBank didn't give a reason for Ma's...

Trump slams Wall Street 'rich guys' who bet against stock market

President Trump lashed out at Wall Street bears Wednesday as the stock market digested fresh warnings about the coronavirus pandemic.

Hedge Fund Elliot Management funds lawsuit against Quibi

Hollywood mogul Jeffrey Katzenberg is under attack from billionaire Paul Singer, whose activist hedge fund has accused his mobile streaming startup Quibi of patent infringement and theft of trade secrets....

Hedge fund warns stocks could drop 50 percent from February highs

Paul Singer’s Elliott Management said global stocks could tumble further, ultimately losing half or more of their value from February’s high, as the world braces for the deepest recession since...

Twitter strikes deal to keep Jack Dorsey on as CEO

Twitter announced a truce with billionaire Paul Singer’s hedge fund Elliott Management that will allow Jack Dorsey to remain chief executive, only a week after a report that the fund...

Twitter CEO cancels Africa move due to coronavirus

Jack Dorsey may not be taking that long trip to Africa, after all. Twitter’s 43-year-old CEO said Thursday he was reconsidering plans to spend as much as six months on...

Twitter takes aim at Snapchat with new feature

Twitter is taking on Snapchat and Instagram on their own turf. The social network on Wednesday announced that it will soon be testing its own version of “stories,” or posts...

Jack Dorsey's days at Twitter may be numbered

Twitter shares spiked nearly 9 percent Monday after reports emerged that activist investor Paul Singer has CEO Jack Dorsey in his crosshairs. Singer’s Elliott Management has nominated four directors to...

Paul Singer looms over Softbank's Goldman Sachs meeting

Goldman Sachs has invited its large trading clients, including hedge funds, to a meeting with SoftBank Chairman and Chief Executive Masayoshi Son in the coming weeks, which is raising eyebrows,...

Elliott Management amasses $2.5B stake in bruised SoftBank

Hedge fund activist Paul Singer has a new target in his crosshairs: the massive investment firm behind WeWork’s bungled stock debut. Singer’s Elliott Management said it’s amassed a $2.5 billion...

AT&T to add new directors, sell up to $10 billion in assets next year

AT&T on Monday unveiled a three-year strategic plan that included adding two new board members, selling off up to $10 billion worth of non-core businesses next year and paying off...