Austin Russell acquires majority stake in Forbes magazine

Austin Russell, the Founder and CEO of Luminar

American innovator and automotive tech industry pioneer Austin Russell, the Founder and CEO of Luminar, and Hong-Kong based Integrated Whale Media Investments (IWM) recently announced that they have entered into a definitive agreement for the acquisition of majority ownership in Forbes Global Media Holdings in a transaction valuing the company at nearly $800 million. Mr. […]

Laxman Narasimhan assumes role of Starbucks Chief Executive Officer

Laxman Narasimhan, Starbucks Chief Executive Officer

Starbucks announced, effective on March 20, 2023, Laxman Narasimhan has assumed the role of chief executive officer and will join the company’s board of directors. Narasimhan was named incoming CEO on September 1, 2022, succeeding company founder and now former CEO, Howard Schultz. Following the global search for the new leader of Starbucks, Narasimhan joined the […]