Morgan Stanley believes China’s equivalent of Spotify is not receiving enough recognition.

Tencent Music Entertainment Hits Record 100 Million Music Subscribers in China Tencent Music Entertainment (TME) is making significant strides in attracting more paying music subscribers in China. The company recently announced that its online music subscribers surpassed 100 million for the first time since TME listed in the U.S. in late 2018, during the July-to-September…

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“The Psychology of Money” author Housel offers guidance for apprehensive investors

Morgan Housel, the author of “The Psychology of Money,” is aiming to ease investor concerns about market downturns by emphasizing their inevitability. In a recent interview on CNBC’s “ETF Edge,” Housel, a behavioral finance expert and partner at the venture capital firm the Collaborative Fund, highlighted this as one of the key themes of his…

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Sources say that the OpenAI tender offer is progressing as planned despite leadership conflicts.

OpenAI’s tender offer for employees to sell shares to outside investors is moving forward despite leadership changes and board shuffling. Thrive Capital, led by Josh Kushner, will value OpenAI at $86 billion, the same as previously reported in October. This round and valuation were put at risk when CEO Sam Altman was ousted temporarily earlier…

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