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Showing posts from January, 2024

Amazon calls off its planned purchase of iRobot, which will now lay off 350 employees

Amazon and iRobot have mutually agreed to call off the planned acquisition of the robot vacuum company by the massive online retailer. The acquisition was first announced in August 2022, but the deal… https://www.neowin.net/news/amazon-calls-off-its-planned-purchase-of-irobot-which-will-now-lay-off-350-employees/

Stock Market Today: Top 10 things to know before the market opens

The benchmark Sensex and Nifty indices are likely to open on a positive note on January 29 as trends in the GIFT Nifty indicate a higher start for the broader index with a gain of 79.50 points. On F… https://www.moneycontrol.com/news/business/markets/stock-market-today-top-10-things-to-know-before-the-market-opens-219-12131751.html

Amazon cancels iRobot vacuum deal after EU challenge

Amazon is scrapping its planned takeover of vacuum maker iRobot following opposition from EU competition authorities. The e-commerce giant said it was "disappointed" but there was no clear regulator… https://www.bbc.co.uk/news/business-68131819

AI spam is already starting to ruin the internet

The internet, once a place where humans posted things.DOUGLAS SACHA Scammers are using AI to spit out web pages and YouTube videos that game Google.Some of those sites run fake obit… [+4191 chars] https://www.businessinsider.com/ai-spam-google-ruin-internet-search-scams-chatgpt-2024-1

Amazon’s $1.4bn acquisition of iRobot is over

Amazon‘s $1.4 billion acquisition of iRobot has been canceled, the two companies announced today. The deal would have allowed the e-commerce giant to “invest in continued innovation by iRobot and su… https://readwrite.com/amazons-14bn-acquisition-of-irobot-is-off/

Sports investing has taken off, but the biggest prize in the industry remains almost untouchable

Ryan Kang/Getty Images This post originally appeared in the Insider Today newsletter.You can sign up for Insider's daily newsletter here.Hi there! Trying to feed a family … [+7534 chars] https://www.businessinsider.com/sports-investing-pga-tour-nfl-2024-1

They Didn’t Plan to Be at the Center of a Civil Rights Battle

Then the Fearless Fund Was Sued Seated under a spotlight in a darkened room, Arian Simone is the main attraction.  Its a Friday afternoon in September at the Brooklyn leg of AfroTech, one of those multicity networking events where… https://time.com/6554929/fearless-fund-lawsuit-arian-simone-ayana-parsons-interview/

Former Blue Ant Execs Solange Attwood & Asha Daniere Set Up Serial Maven Studios

EXCLUSIVE: Former Blue Ant Media execs Solange Attwood and Asha Daniere have launched an “internationally-focused, next generation studio business” out of Canada. Serial Maven Studios has been launc… http://deadline.com/2024/01/former-blue-ant-execs-launch-serial-maven-studios-1235805639/

Individual investors own 24% of Sif Holding N.V

(AMS:SIFG) shares but private equity firms control 47% of the company Si vous cliquez sur « Tout accepter », nos partenaires (y compris 244 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_eadd8f80-32e4-49e9-8480-547d233700c3

Better Together: Consolidation Within The Family Office Industry

Sometimes joining forces can really help to create something much bigger. Redferns From technology and retail to healthcare and financial services, weve seen that as an industry matures it reaches … https://www.forbes.com/sites/francoisbotha/2024/01/28/better-together-consolidation-within-the-family-office-industry/

Should AI play an ever-growing role in tackling crime?

Artificial intelligence (AI) is increasingly being used by police forces around the world, but do the benefits always outweigh the risks? Sarah is a victim of domestic abuse, and she is on the phone… https://www.bbc.co.uk/news/business-68067081

Anthropic confirms it suffered a data leak

Its been an eventful week for AI startup Anthropic, creator of the Claude family of large language models (LLMs) and associated chatbots. The company says that on Monday, January 22nd, it became aw… https://venturebeat.com/ai/anthropic-confirms-it-suffered-a-data-leak/

Individual investors account for 42% of EBR Systems, Inc.'s (ASX:EBR) ownership, while private equity firms account for 41%

Si vous cliquez sur « Tout accepter », nos partenaires (y compris 244 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_337082a3-652e-4216-b060-75a258bc2bb4

Hospice Providers Must Be Better Regulated

Everyone deserves a good death—a choice about how they spend their final days, a peaceful, pain-free exit. That is the mission of hospice care. But as corporate profiteers take over end-of-life care … https://www.scientificamerican.com/article/hospice-providers-must-be-better-regulated/

The top 4 ways big corporations are fueling global wealth inequality: report

Occupy Wall Street protesters in 2011.Jason DeCrow, File/AP It could take centuries to address poverty and wealth inequality, reports have found.Meanwhile, many big corporations and… [+2955 chars] https://www.businessinsider.com/the-4-ways-corporations-fueling-wealth-inequality-2024-1

The U.S

The U.S. Just Took a Crucial Step Toward Democratizing AI Access This week, the National Science Foundation (NSF) announced it was launching a pilot program with 10 other federal agencies and 25 private sector and nonprofit organizations that could be a first step… https://time.com/6589134/nairr-ai-resource-access/

Elon Musk's startup is reportedly building up a war chest to take on OpenAI

Elon Musk and Sam AltmanSlaven Vlasic / Andrew Caballero-Reynolds / Getty xAI is reportedly in talks to raise as much as $6 billion in funding.Last week, Elon Musk denied a report t… [+2400 chars] https://www.businessinsider.com/elon-musk-ai-startup-raising-funding-war-chest-openai-report-2024-1

Larry Kudlow Agrees Biden Economy ‘Not as Bad’ as He’s Been Saying

Former Trump economic adviser Larry Kudlow conceded on Thursday that his gloomy forecasts of a looming recession under President Joe Biden were off the mark, admitting that the U.S. economy is not as… https://www.thedailybeast.com/larry-kudlow-agrees-biden-economy-not-as-bad-as-hes-been-saying

As college sports faces more change, is private equity money going to come in?

There are high-stakes lawsuits and labor relations boards, congressional hearings and an NCAA president's controversial overhaul plan. There's an angry school taking its conference to court over a gr… https://www.espn.com/college-football/story/_/id/39394344/future-ncaa-college-athletics-money-private-equity

Private equity faces pressures of growing old

The Scene Private equity firms that were once Wall Streets disruptors have turned into its establishment, and are turning to a solution they know well: deal-making. In the latest move, General Atla… https://www.semafor.com/article/01/25/2024/private-equity-faces-pressures-of-growing-old

Hospice Providers Must Be Better Regulated

Everyone deserves a good death—a choice about how they spend their final days, a peaceful, pain-free exit. That is the mission of hospice care. But as corporate profiteers take over end-of-life care … https://www.scientificamerican.com/article/hospice-providers-must-be-better-regulated/

Billion-dollar financial giant EquiLend hit by cyberattack

EquiLend, a global financial technology, data and analytics firm, suffered a cyberattack - possibly ransomware - that forced parts of its digital infrastructure offline. In a press release, EquiLend… https://www.techradar.com/pro/security/billion-dollar-financial-giant-equilend-hit-by-cyberattack-that-has-knocked-some-systems-offline

The State of Energy Organizations 2024

Institutional and public interest is at an all-time high, driven by the ever increasing need for affordable, reliable, secure, and competitive energy. Against this backdrop, companies must navigate t… https://www.mckinsey.com/industries/oil-and-gas/our-insights/the-state-of-energy-organizations-2024

Stock market today: US futures subdued amid Tesla gloom, GDP countdown

US stock futures were little changed on Thursday as downbeat Tesla (TSLA) earnings and the wait for an update on US economic growth kept the muted market from finding a foothold. Dow Jones Industria… https://finance.yahoo.com/news/stock-market-today-us-futures-subdued-amid-tesla-gloom-gdp-countdown-124503345.html

Daily Spotlight: Biotech Sector Catches Fire

Since 2021, the biotechnology industry has underperformed the broader market, reversing a multi-year trend that had seen superior returns since coming out of the Great Recession. In 2021 and 2022, th… https://finance.yahoo.com/research/reports/ARGUS_38899_MarketOutlook_1706097163000/

Apple @ Work: Acquisitions lead to struggles for Windows and Linux device management

Apple @ Work is brought to you by Kolide, the device trust solution that ensures that if a device isnt secure, it cant access your cloud apps.  If you have Okta, Kolide can help you get your fleet to… https://9to5mac.com/2024/01/24/fleet-launches-linux-windows/

Stock market today: US futures subdued amid Tesla gloom, GDP countdown

US stocks rose on Thursday despite downbeat earnings from Tesla (TSLA) and following a hotter-than-expected US economic growth reading.Dow Jones Industrial Average (^DJI) opened 0.2% higher, while th… https://biztoc.com/x/31fc229ec1305c90

Stock market today: Asian shares are mixed as Chinese shares resume their upward climb

BANGKOK (AP) Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo declined. U.S. futures and oil prices edged higher. Chinese … https://news.yahoo.com/stock-market-today-asian-shares-072018631.html

The NSA’s Furby Artificial Intelligence Scare: FOIA Documents Provide Insight

For those of us who were paying a modicum of attention to the part of the news around 1999 which did not involve the imminent demise of humanity due to the Y2K issue, a certain toy called a ‘Furby’ w… https://hackaday.com/2024/01/25/the-nsas-furby-artificial-intelligence-scare-foia-documents-provide-insight/

Stock market today: US futures tread water as focus turns to earnings

US stock futures trod water on Tuesday, hitting pause on a record-setting rally as focus turned to the day's stream of earnings for insight into the health of Corporate America and the economy. Dow … https://finance.yahoo.com/news/stock-market-today-us-futures-tread-water-as-focus-turns-to-earnings-124202830.html

Verizon Earnings Meet Estimates; VZ Stock Jumps On Strong Wireless Subscriber Adds

Verizon Communications (VZ) on Tuesday reported fourth-quarter earnings that fell from a year earlier but met Wall Street estimates. VZ stock rose as wireless subscriber additions topped expectations… https://www.investors.com/news/technology/verizon-earnings-vz-stock-wireless-subscriber-adds/

Stock Market today: Sensex, Nifty rebounds after minor cuts

Indian benchmark indices opened with minor cuts on January 24 (Wednesday) amid mixed cues from the global markets. BSE Sensex opened 205.06 points, or 0.29 per cent lower at 70,165.50 and NSE Nifty t… https://indianexpress.com/article/business/market/stock-market-today-sensex-nifty-bank-gift-nifty-9125054/

Industrial tech company Roper plans to buy Procare Solutions, which makes cloud tools for childcare centers, for $1.75B from Warburg Pincus and TA Associates (Akash Sriram/Reuters)

About This Page This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, January 25, 2024. The most current version of the site as always is available at our home page. To v… https://www.techmeme.com/240125/p19

CG Oncology IPO prices above range and boosts share count in bullish move ahead of trading

Cancer drug company CG Oncology Inc. priced its initial public offering above its estimated range and added three million shares to the deal in a bullish sign ahead of its trading debut Thursday on t… https://www.marketwatch.com/story/cg-oncology-ipo-prices-above-range-and-boosts-share-count-in-bullish-move-ahead-of-trading-0b32a66a

Macy's Reportedly In The Shopping List Of This PE Firm; Stock Jumps Why Department Store Chain Macy's (M) Shares Are Rising Today

Macys reportedly faces potential interest from private equity firm Sycamore Partners, which is considering a bid despite the firms recent rejection of another unsolicited offer, The New York Post rep… https://biztoc.com/x/f2c609af2b67aba8

Buyer Beware: China Faces Challenges Bolstering Its Stock Market

Classic-style apartments framed by new high-rise apartment projects, re demolishing hutong ... [+] traditional neighborhood homes to make way for new high-rises. (Photo by Forrest Anderson/Getty Imag… https://www.forbes.com/sites/nicksargen/2024/01/25/buyer-beware-china-faces-challenges-bolstering-its-stock-market/

Sensex, Nifty fall 1.5%, Zee share plunge 33%

After opening on a positive note, domestic equity benchmark indices, Sensex and Nifty, plunged 1.5 per cent on Tuesday due to decline in banking and finance stocks, profit booking and selling by fore… https://indianexpress.com/article/business/market/sensex-nifty-fall-1-5-zee-share-plunge-33-9124631/

Daily Open: Markets upbeat mood

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what yo… https://biztoc.com/x/50ab98db151e9905

Netflix Is Not Interested in ‘Linear Assets,’ Says More Mergers and Acquisitions Won’t Help

Netflix is not interested in acquiring linear assets. The streaming giant declared as much during its 2023 fourth quarter letter to shareholders on Tuesday. In addition to announcing that the company… https://biztoc.com/x/196c6abf7f482751

Scaling Up Through PReMs: Venture Capitalists’ Strategy For Expansion

NEW YORK, NY - NOVEMBER 22: People stand near the broker's booth for 500.com Limited (NYSE: WBAI) as ... [+] it's IPO is set on the floor of the New York Stock Exchange on November 22, 2013 in New Yo… https://www.forbes.com/sites/josipamajic/2024/01/23/scaling-up-through-prems-venture-capitalists-strategy-for-expansion/

Netflix Says It’s Not Interested In Buying ‘Declining’ Linear TV Assets

Netflix said in its earnings report Tuesday that it has no interest in acquiring linear assets and that further mergers and acquisitions in the entertainment industry wont materially change the compe… https://www.forbes.com/sites/antoniopequenoiv/2024/01/23/netflix-says-its-not-interested-in-buying-declining-linear-tv-assets/

Stock market today: Chinese shares lead gains in Asia on report of market rescue plan

BANGKOK (AP) World shares were mixed Tuesday, while Hong Kong and Shanghai advanced after a report said Beijing plans to put about 2 trillion yuan ($278 billion) into supporting ailing Chinese market… https://www.aol.com/finance/stock-market-today-chinese-shares-065615741.html

US Oil Business Posts Record Merger Action In 4th Quarter

NEW YORK, NEW YORK - SEPTEMBER 18: Host Dana Perino with Chevron CEO Mike Wirth visits "America's ... [+] Newsroom" with hosts Bill Hemmer and Dana Perino at Fox News Channel Studios on September 18,… https://www.forbes.com/sites/davidblackmon/2024/01/23/us-oil-business-posts-record-merger-action-in-4th-quarter/

Pentagon says it created more hoops to jump through on AI weapons to calm fears it was 'building killer robots in the basement'

Unmanned aerial vehicles equipped with specialized software and sensors fly during the Technical Concept Experiment at Marine Corps Base Camp Pendleton, Calif., Jan. 19, 2024.Michael Walls, Navy https://www.businessinsider.com/stricter-ai-rules-fears-pentagon-building-killer-robots-in-basement-2024-1

Stock market today: Chinese shares lead gains in Asia on report of market rescue plan

BANGKOK (AP) Shares were mostly higher in Asia on Tuesday, led by sharp gains in Hong Kong and Shanghai after a report said Beijing plans to put about 2 trillion yuan ($278 billion) into support to s… https://finance.yahoo.com/news/stock-market-today-chinese-shares-065615192.html

Five Trends Driving The Booming Data Center Economy In 2024 (And Why Investors Are Taking Notice)

Andrew Schaap is CEO and Board Member of Aligned Data Centers. getty AI's rapid rise keeps on grabbing headlinesand rightly so. However, there's an often-overlooked corner of the tech sector that's… https://www.forbes.com/sites/forbestechcouncil/2024/01/22/five-trends-driving-the-booming-data-center-economy-in-2024-and-why-investors-are-taking-notice/

Why Is Congress Giving Business Retroactive Tax Breaks?

BRAZIL - 2022/02/05: Photo illustration of the Meta Platforms logo. (Photo Illustration by Rafael ... [+] Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images … https://www.forbes.com/sites/howardgleckman/2024/01/23/why-is-congress-giving-business-retroactive-tax-breaks/

China, Warren Buffett Winning In Japan

Workers, Not So Much Investors who followed Warren Buffetts lead are making a killing on Tokyo shares. Meanwhile, workers are seeing inflation rise more than their wages. getty As this new year gets underway, Japan Inc… https://www.forbes.com/sites/williampesek/2024/01/18/china-warren-buffett-winning-in-japan-workers-not-so-much/

Ora Banda Mining Limited's (ASX:OBM) stock price dropped 13% last week; private equity firms would not be happy

Si vous cliquez sur « Tout accepter », nos partenaires (y compris 244 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_7247c8ce-5746-43fb-aa80-3e7d0765abe5

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