Already a billionaire, platform co-founder Stewart Butterfield has been enriched following a landmark deal with Salesforce.
The new venture will allow the UK government and its Indian partner to build a cutting-edge internet constellation.
A consortium of Chinese companies and government bodies will help the telecoms giant to refocus its business under US sanctions.
The Transport Workers Union has expressed worry that new owners Bain Capital will cut more jobs and ignore old promises.
The EG Group founders’ deal with Walmart brings the supermarket giant back under British ownership.