Investing in Europe’s future – how private equity and venture capital is building European resilience A report by Invest Europe reveals that €130bn was invested by private equity and venture capital in 2022, marking the second-highest year for investment. More than 9000 companies were backed, helping ... 05/1/2024 - 10:33 am | View Link
Purchase of major West Des Moines insurance firm American Equity Life set to be finalized Brookfield Reinsurance will close on multi-billion-dollar purchase of West Des Moines' American Equity Life, employer of 1,000 workers as of December. 05/1/2024 - 5:57 am | View Link
A&O Shearman Launch Tests Firm’s Ability to Crack Big Law Elite A&O Shearman is Big Law’s newest player, but the transatlantic firm still faces challenges to truly join the legal industry’s elite. 04/30/2024 - 10:01 pm | View Link
A&O Shearman Merger Shock Waves Ripple Through UK’s Magic Circle The Magic Circle, once shorthand for a select group of elite UK-founded law firms, has lost some of its sparkle in recent years as its five firms have been battered by competition from larger, more ... 04/30/2024 - 10:01 pm | View Link
Growth equity in healthcare: new opportunities for private equity Kevin Sullivan and Michael Nowicki of McDermott Will & Emery discuss growth equity as a strategic focus in the healthcare space with unique returns, strategies and risks for both sponsors and the ... 04/30/2024 - 2:00 am | View Link
Enlarge / The Claude AI iOS app running on an iPhone. (credit: Anthropic)
On Wednesday, Anthropic announced the launch of an iOS mobile app for its Claude 3 AI language models that are similar to OpenAI's ChatGPT. It also introduced a new subscription tier designed for group collaboration. Before the app launch, Claude was only available through a website, an API, and other apps that integrated Claude through API.
Like the ChatGPT app, Claude's new mobile app serves as a gateway to chatbot interactions, and it also allows uploading photos for analysis.
Enlarge (credit: Getty Images | Yuichiro Chino)
The Federal Communications Commission chair today made a final plea to Congress, asking for money to continue a broadband-affordability program that gave out its last round of $30 discounts to people with low incomes in April.
The Affordable Connectivity Program (ACP) has lowered monthly Internet bills for people who qualify for benefits, but Congress allowed funding to run out.
Enlarge / It's a good thing this kid is too young to bet on Skee-Ball, because his dad is getting beat. (credit: Getty Images)
Anyone who's been to a Dave & Buster's location in recent years knows the arcade's heavy reliance on so-called redemption games makes the experience more like an ersatz casino than the quarter-munching video game halls of the '70s and '80s.
Enlarge / A dog gets examined by veterinary technicians in Texas. (credit: Getty | Michael Paulsen)
Two separately owned dogs in New Jersey tested positive last year for a dreaded, extensively drug resistant bacterial strain spread in the US by contaminated artificial eye drops manufactured in India. Those drops caused a deadly multi-state outbreak in humans over many months last year, with at least 81 people ultimately infected across 18 states.
Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus)
In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella received a rude awakening in an email warning that Google had officially gotten too far ahead on AI and that Microsoft may never catch up without investing in OpenAI.
With the subject line "Thoughts on OpenAI," the email came from Microsoft's chief technology officer, Kevin Scott, who is also the company’s executive vice president of AI.
Enlarge / Congress provides government support for other industries, so why not AM radio? (credit: Getty Images)
A controversial bill that would require all new cars to be fitted with AM radios looks set to become a law in the near future. Yesterday, Senator Edward Markey (D-Mass) revealed that the "AM Radio for Every Vehicle Act" now has the support of 60 US Senators, as well as 246 co-sponsors in the House of Representatives, making its passage an almost sure thing.