AT&T sold its stake in America Movil and will now become a competitor following its recent acquisition, but Carlos Slim might get the last laugh.
Forbes released its annual ranking of The World’s Most Powerful People on Wednesday, and it includes several media movers: Warren Buffett, CEO of Berkshire Hathaway, was ranked 12th. Carlos Slim Helu, the Mexican telecoms billionaire who owns a 17 percent stake in The New York Times, came in at no. Show More Summary
He's said it once and he's saying it again: Carlos Slim envisions a world where we work just three days a week and have more time for the things we enjoy. But this isn't some pipe dream. "I am sure it will happen," the Mexican billionaire tells CNN Money. Though...
Carlos Slim — aka the richest man in the world — has a novel idea: instead of working five (or more) days a week, bring it down to three. "You should have more time for you during all of your life, not when you're 65 and retired," he told CNNMoney. Show More Summary
Calling Carlos Slim lazy would be a difficult case to make. The Mexican billionaire vacillates back-and-forth with Microsoft chairman Bill Gates for the title of richest man in the world, give or take a few hundred million of their $80 billion-plus fortunes. Show More Summary
You may not become the next Carlos Slim Heru, Jeff Bezos, or Michael Bloomberg. But you might.
Mobli, a Tel Aviv-based photo- and video-sharing platform that raised a $60 million round led by Carlos Slim almost a year ago, just acquired Pheed to boost its monetization capabilities. Pheed has 5 million registered users, while Mobli has 22 million. Show More Summary
America Movil SAB de CV (ADR) (NYSE:AMX), the dominant telecom in Mexico is looking to sell off some of its Mexican assets as new antitrust regulations force it to divest itself of some its market leading position. Michelle Caruso-Cabrera reported on the news yesterday on CNBC. “I can confirm that America Movil of Mexico is […]
Ronaldinho was unveiled at Liga MX side Queretaro today, where he’s signed for 2 years after being wooed by billionaire Carlos Slim. Dinho told the press that he signed for the love and affection he’s always been shown in Mexico, as well as for the fact that his brother Assis and many friends also played […]
In a thunderous Wednesday speech on the Senate floor, Sen. Sessions (R-AL) blasted Facebook co-founder Mark Zuckerberg for criticizing America and pushing for amnesty legislation on Mexican soil at fellow billionaire Carlos Slim's charity event. Show More Summary
Just days before his company's value topped $200 billion, Facebook co-founder Mark Zuckerberg went to Mexico and pushed for amnesty legislation at billionaire and New York Times minority owner Carlos Slim's charity event. ZuckerbergShow More Summary
Hillary Clinton is following fellow rumored 2016 contender Chris Christie to Mexico. The former Secretary of State will attend an annual charity event hosted by billionaire Carlos Slim on Friday, Bloomberg News reported.
Famed British architect Norman Foster and a son-in-law of Mexican billionaire Carlos Slim were named Wednesday to design a sprawling, new $9.15 billion international airport for Mexico City. The glass-roofed terminal -- shaped like an...Show More Summary
If you’re one of the richest people on the planet, the world should probably trust your judgment on how to make money and be efficient and happy, right? In that case, here’s hoping all of our bosses listen up to … More » BillionaireShow More Summary
HOUSTON (AP) — Mexican billionaire Carlos Slim tells religious and community leaders that increasing workers' earning power and offering Latino-owned companies easier access to funding that can be used for growth and expansion can help improve the social and economic status of Latinos in the U.S. and throughout Latin America.
América Móvil is anxious to shed some of its wireline and wireless assets so it can gain regulatory freedom, but Mexico's Federal Institute of Telecommunications (IFT) told company owner Carlos Slim that the company can't present a plan until it names a buyer.
Carlos Slim, the Mexican billionaire who also owns a minority stake in The New York Times, is reportedly launching an effort to bring every illegal immigrant DREAMer into the workforce. As Bloomberg News noted, Slim is the world’s second-richest...Show More Summary
Wealthy business tycoon, Carlos Slim of Mexico, recently proposed having a three-day workweek while he attended a business conference in Paraguay, as per a piece in The Washington Post. Mentioning this new concept could underscore modern...Show More Summary
With its home turf in Spain still a painful market, Telefonica seems to have decided that its best bet for the future lies in Latin America. Rumors last week had them sniffing around assets in Mexico in the wake of Carlos Slim’s retreat, but this morning they took a more concrete action. Telefonica has bid […]
T he stories, deals, moves and more from the upstart economy that made us take notice in July. Upstart moves for July Washington state follows Colorado as it begins to allow certain, licensed stores to sell marijuana legally for recreational, as opposed to medicinal, use. Show More Summary