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☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Sam Altman's mission to increase human lifespan with a $180 million shipping container experiment at Retro Biosciences
▼ + stars: | 2024-03-23 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +11 min

Called Retro Biosciences, the startup's goal is simple yet supremely ambitious: Add 10 healthy, enjoyable years onto the back end of our lifetimes. But Retro Biosciences actually fits quite neatly into Altman's futuristic worldview. Retro BiosciencesRetro Biosciences sits about 30 miles south of OpenAI's San Francisco headquarters, where ChatGPT was hatched. Joe Betts-LaCroix is the CEO of Retro Biosciences. There are things we already know work super well to improve human longevity, like exercise, diet, faith, and social support.

Persons: Sam Altman, he's, Elon Musk, Mark Zuckerberg, Altman, Instacart —, Joe Betts, LaCroix, isn't, Betts, Retro's, spry, Yamanaka, Shinya Yamanaka, it's, they've, Sora, Thiel, Jeff Bezos, Bezos, Yuri Milner, Billionaire Peter Thiel, He's, Aubrey de Grey, Christian Angermayer, biogerontologist Daniel Promislow, Altman's, Matt Buckley Organizations: Business, OpenAI, Biosciences, Harvard, MIT, Caltech, Extension, Apple, Stanford University, Retro, Bezos, Labs, Billionaire, Cambrian, Retro Biosciences, Bloomberg Locations: geroscience, Silicon Valley, OpenAI's San Francisco, Meta, Golden City, Retro.bio, Redwood City , California, San Diego

☆ BeReal weighs an uncertain Series C or acquisition as growth stalls and funding is set to run out later this year, insiders say
▼ + stars: | 2024-03-14 | by ( Kali Hays | Callum Burroughs | ) www.businessinsider.com time to read: +5 min

The company is considering raising a Series C before what's left of its $90 million in funding runs out. BeReal closed a $60 million Series B funding round at an around $600 million valuation in late 2022, following a $30 million Series A earlier the same year. Sooner than later, BeReal leadership will be forced to choose between raising another round and maintaining its independence or selling itself outright, running the risk of disappearing. Company leadership holds an all-hands every quarter after they meet with the company's board, which includes investors. As for the possibility of an acquisition, BeReal leadership has told employees there are "offers" that have been made, without giving any specifics.

Persons: Alexis Barreyat, what's, BeReal, Yuri Milner's, Andreessen Horowitz, Barreyat, Romain Salzman, Kali Hays, Callum Burroughs cburroughs@businessinsider.com Organizations: Business, Gas, Yuri Milner's DST, Accel Locations: Paris, Japan, Asia, Pacific, khays@businessinsider.com

SEATTLE (AP) — Inside the ballroom of a swanky downtown Seattle athletic club another small piece to the legacy of Pac-12 football ended Thursday. The Morris Trophy was never a name-brand award handed out following the college football season in part because it honored offensive and defensive linemen, players who sometimes don't get the recognition they deserve. If there’s any other awards like that in the country, we haven’t found one yet,” said Wayne Milner, chairman of the Morris Trophy board. Pro Football Hall of Fame inductees Bruce Matthews, Randall McDaniel, Gary Zimmerman and Tony Boselli have won the award. There’s talk of trying to continue the award in some way, but if it does it won’t be the same.

Persons: it's, “, ”, Vince Goldsmith, Troy Fautanu, Laiatu Latu, Wayne Milner, Traci Morris Drake, Don James, ” Drake, Bruce Matthews, Randall McDaniel, Gary Zimmerman, Tony Boselli, Lincoln Kennedy, Steve Emtman, Terrell Suggs, DeForest Buckner, Vita Vea, Tedy, Kayvon, Tyron Smith, Alex Mack, Penei Sewell, ” Goldsmith, ___ Organizations: SEATTLE, Washington, UCLA, NFL, Trophy, Pro Football Hall of Fame, USC, ACC, Big, AP Locations: Seattle, West, Oregon, Washington, Southern California, Colorado, Washington , Oregon, California, Stanford, Utah , Arizona, Arizona State

☆ Was Peace Ever Possible?
▼ + stars: | 2023-11-20 | by ( Moderated Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +45 min

This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.

Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, —, Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, “, ” Rabin, ” Arafat, ”, Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah

Donations purchased by a Brooklyn synagogue community to aid military and humanitarian relief efforts in Israel are seen being loaded into a car in Brooklyn, New York, U.S. October 10, 2023. Some 5.8 million Jews live in the United States, according to the Pew Research Center. While there is no sign that Israel is short on basic supplies like granola bars, the donations underscore the concern and connection Jews in the United States feel toward Israel. Elan Kornblum, the Brooklyn-based head of Great Kosher Restaurants Foodies, has turned his company's Facebook page of 91,000 members - who usually discuss favorite kosher restaurants - into a forum for coordinating Israel aid efforts. Legacy aid organizations have also leapt to raise money for lifesaving support in Israel and the Palestinian territories in the wake of the attack.

Persons: Rabbi Jonathan Leener, Jonathan Leener, Leener, Yuri Milner, Mike Bloomberg, Magen David Adom, Elan Kornblum, Kornblum, Chayal el, Mordy Botnick, Botnick, el Chayal, Gabriella Borter, Paul Thomasch, Lisa Shumaker Organizations: REUTERS Acquire, Israel Defense Forces, Pew Research Center, Billionaire, Jewish Agency for, Facebook, Newark Liberty International, IDF, Palestine Children's Relief, International Committee, Thomson Locations: Brooklyn, Israel, Brooklyn , New York, U.S, Handout, United States, Jewish Agency for Israel, New York City, Palestine, Gaza, Washington

Orsoni has been crafting colored glass mosaics for 135 years. Today, it's the only historical furnace permitted to operate in the city of Venice.

Persons: Orsoni Locations: Venice

☆ A sunken World War 1-era wooden ship potentially the size of a football field was discovered in a Texas river by a man on a jet ski after severe drought revealed the wreckage
▼ + stars: | 2023-08-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

The wreckage turned out to belong to a large, wooden ship built during World War 1. The Texas Historical Commission said more than two dozen of these sunken ships are in Texas rivers. Milner sent photos of his find to the local Ice House Museum, which then contacted the Texas Historical Commission. AdvertisementAdvertisementTexas Historical Commission sonar data from 2019 showing the submerged hulls of two of the abandoned World War I vessels in the Neches River. The Texas Historical Commission said in a statement on Facebook that "the summer heatwave and low rainfall" revealed the hidden shipwreck.

Persons: Bill Milner, Milner, Sabine Rivers, Amy Borgens, Sabine, Borgens, Susan Kilcrease, Kilcrease Organizations: Texas Historical Commission, Service, Ice House Museum, The, The Texas Historical Commission, US Shipping Board Emergency Fleet Corporation, Facebook, Ice, US Shipping Board, Emergency Fleet Corporation, Texas Standard, . Texas Historical Commission, US Drought Monitor Locations: Texas, Wall, Silicon, The Texas, Sabine, Beaumont , Texas, . Texas, Beaumont

☆ Medical tech firm Danaher to buy Abcam in $5.7 bln deal
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

Aug 28 (Reuters) - Danaher Corp (DHR.N) said on Monday it would buy smaller rival Abcam Plc in an all-cash deal valued at $5.7 billion including debt, as the medical tools supplier expands its services to capture bigger contracts. The deal will help Danaher cushion the hit from sluggish demand for its products such as antibodies and sample preparation equipment from smaller biotech companies that are grappling with a funding crunch. Danaher, one of the world's largest suppliers of medical tools, has already cut its annual sales growth forecast multiple times this year. "This is a nice tuck in deal for Danaher that checks all the boxes. Reuters reported on Friday that Danaher was in the lead to acquire Abcam.

Persons: Vijay Kumar, Danaher, Jonathan Milner, Manas Mishra, Shounak Dasgupta, Sriraj Organizations: Danaher, Abcam Plc, Reuters, Bloomberg, Electric, Thomson Locations: Cambridge, England, Bengaluru

Artisans have been producing traditional olive oil soap at Masbanat Awaida for over 140 years. A century ago, there were dozens of soap factories like this in Tripoli, Lebanon. Today, Masbanat Awaida is the only one remaining.

Persons: Awaida Locations: Tripoli, Lebanon

After six seasons in the Champions League, where Klopp's side reached the final three times and won the trophy in 2019, Liverpool now find themselves back in the Europa League. Premier League clubs sacked 14 managers last season but Klopp, currently the longest-serving coach at a single club in England's top flight, was never in danger of losing his job. Liverpool did not inject fresh blood into an ageing midfield while injuries in the forward line scuppered a title challenge. This year Saudi Arabian clubs have forced Liverpool's hand, with the cash-rich league tearing up the Anfield club's transition plans by luring away their two midfield stalwarts. Returning to the Champions League will be their first priority, which is why a top four finish -- or even winning the Europa League -- will be the bare minimum that is expected of Liverpool.

Persons: Klopp, Jordan Henderson, James Milner, Naby Keita, Alex Oxlade, Chamberlain, It's, Alexis Mac Allister, Dominik Szoboszlai, Szoboszlai, Fabio Carvalho, Romeo Lavia, Thiago, Curtis Jones, Harvey Elliott, Trent Alexander, Arnold, Diogo Jota, Luis Diaz, Darwin Nunez, Mohamed Salah, Cody Gakpo, Rohith Nair, Pritha Sarkar Organizations: Liverpool, Premier League's, Champions League, Europa League, Premier League, Anfield, Saudi Pro League, RB Leipzig, Thomson Locations: Liverpool, England's, Saudi, Saudi Arabia, Bengaluru

☆ MLB: Chicago White Sox at New York Mets
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +10 min

Cardinals starter Dakota Hudson allowed two runs on five hits in three innings. Marlins starting pitcher Sandy Alcantara (3-9) allowed four runs on eight hits and two walks in six innings. Red Sox starter Brayan Bello (7-6) took the loss, pulled after allowing all six Oakland runs and five hits in four innings. Mets 5, White Sox 1Justin Verlander tossed eight solid innings and Brett Baty homered for a second straight game as host New York beat Chicago. Nick Castellanos hit a solo home run and Kyle Schwarber added a two-run single for the Phillies, who had their four-game winning streak end.

Persons: Chase Silseth, Gary A, Vasquez, Taylor Ward, Luis Rengifo, Carlos Rodon, Giancarlo Stanton, Franchy Cordero, Rodon, Nolan Gorman, Louis, Gorman, Dakota Hudson, Zack Thompson, Chris Stratton, Sandy Alcantara, JJ Bleday, Cody Thomas, Jace Peterson, Lucas Erceg, Angel Felipe, Sam Long, Trevor, Brayan Bello, Yu Darvish, Manny Machado, Steven Wilson, Nick Martinez, Josh Hader, Jose Berrios, Justin Verlander, Brett Baty, Baty, Francisco Alvarez, Luis Guillorme, Brandon Nimmo, Luis Robert Jr, Touki Toussaint, Ryne Nelson, Nick Ahmed, Christian Walker, Marcell Ozuna, Austin Riley, Charlie Morton, Jonah Heim, Jon Gray, Gray, Man Choi, Jared Triolo, Jack Suwinski, Nick Gonzales, Ryan Borucki, Josh Bell, Amed Rosario, Sam Hentges, Ramon Urias, Gunnar Henderson, Urias, Henderson, Danny Coulombe, Felix Bautista, Max Muncy, James Outman, Julio Urias, Chas McCormick, Jake Meyers, Brandon Bielak, C.J . Cron, Austin Gomber, William Contreras, Blake Perkins, Hoby Milner, Nick Castellanos, Kyle Schwarber, Jeff Hoffman, Will Benson, Graham Ashcraft, Ashcraft, Blake Sabol, Ross Stripling, Miguel Cabrera, Eduardo Rodriguez, Cabrera's, Detroit's Javier Baez, Riley Greene, Rodriguez, Jason Foley, Alex Lange, Kansas City's Ryan Yarbrough, Nico Hoerner's, Mike Tauchman, Yan Gomes, Mason Thompson, Cory Abbott, Trevor Williams, Max Kepler, Edouard Julien, Alex Kirilloff, Kenta Maeda, Emilio Pagan, Jhoan Duran, Tom Murphy, Eugenio Suarez, Andres Munoz Organizations: Los Angeles Angels, New York Yankees, Angel, Wednesday, Triple, Angels, Yankees, Cardinals, Marlins, Dakota, Athletics, Red Sox, Oakland, Boston, Padres, Blue Jays, San Diego, Toronto, Jays, Mets, White Sox, New York, Chicago, Atlanta Braves, Diamondbacks, Braves, Atlanta, Arizona, Rangers, Rays, Tampa Bay, The Rangers, American League East, AL West, Pirates, Pittsburgh, Cleveland, Guardians, Orioles, Dodgers, Astros, Rockies, Houston, Colorado, Austin, Brewers, Phillies, Four Brewers, Reds, Giants, Cincinnati, San, The Reds, Milwaukee Brewers, Tigers, Royals, Detroit, Kansas City, cramp, Cubs, Washington, Mariners, Minnesota, Twins, Thomson Locations: Anaheim , California, USA, Anaheim , Calif, Silseth, Miami, Toronto, Arizona, Texas, Baltimore, Los Angeles, Angeles, Denver, Colorado, C.J, Milwaukee, Philadelphia, San Francisco, Kansas, Chicago, Seattle

☆ Women’s World Cup 2023: Some of the game’s top players are absent. And it’s because of the same injury issue
▼ + stars: | 2023-07-18 | by ( Hannah Ryan | ) edition.cnn.com time to read: +17 min

Fast-forward to the upcoming Women’s World Cup, which starts on July 20 in Australia and New Zealand, and a host of the game’s best players will also be absent because of an injury which appears to be endemic in the women’s game. But why are so many female soccer players suffering from the same injury? “At elite clubs in the men’s game, players have access to exceptional academies and training facilities from a very young age. Beth Mead starred for England in its Euro 2022 victory but will be missing the Women's World Cup. According to the findings, 34% of women players reported discomfort specifically in their heel and the majority use specialized insoles.

Persons: Simone Magill, Magill, “, ” Magill, Leah Williamson, Vivianne Miedema, Beth Mead, Macario, Giulia Gwinn, Iman Beney –, Leah Abucayan Sarah Milner, doesn’t, Féminin, Ballon, Katrine Okholm, Kryger, ” Kryger, that’s, aren’t ‘, they’ve, Rachel Williams, Williams, Jacques Feeney, Kyrger, England, Sarina Wiegman, Luna, Crystal Dunn, we’re, haven’t, –, Miedema, ”, ’ Milner, ” Milner, Catarina Macario, Jeffrey McWhorter, Milner Organizations: CNN, Northern Ireland, CNN Sport, England, US, National, Europe’s, of Sports Medicine, –, St Mary’s University, FIFA, Manchester United, Super, Sports Medicine, European Club Association, Nike, UEFA Locations: Norway, Northern, Australia, New Zealand, Netherlands, Twickenham , London, England, plastering, Europe, Paris, Northern Ireland, France

June 27 (Reuters) - Reka, an AI model startup founded by former researchers from Alphabet's DeepMind (GOOGL.O), has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global Partners and Snowflake (SNOW.N), the companies told Reuters. Reka focuses on building large and specialized AI models for enterprise customers. Snowflake, which invested in the company, also announced a partnership to allow users to run third-party model providers like Reka within their Snowflake account. The partnerships came as Snowflake competitor Databricks acquired AI model training company MosacicML in a $1.3 billion deal on Monday. Yogatama said Reka has built both large models and proprietary model distillation technology to personalize models for specific use cases.

Persons: Alphabet's, Yuri Milner's, Christian Kleinerman, Databricks, Dani Yogatama, Yogatama, Rob Toews, Krystal Hu, Mark Potter, Anna Driver Organizations: Global Partners, Reuters, Nvidia, Radical Ventures, Thomson Locations: Snowflake, Reka, Toronto

June 27 (Reuters) - Reka, an AI model startup founded by former researchers from Alphabet's DeepMind (GOOGL.O), has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global and Snowflake (SNOW.N), the companies told Reuters. Reka focuses on building large and specialized AI models for enterprise customers. Snowflake, which invested in the company, also announced a partnership to allow users to run third-party model providers like Reka within their Snowflake account. The partnerships came as Snowflake competitor Databricks acquired AI model training company MosacicML in a $1.3 billion deal on Monday. Yogatama said Reka differentiated by building both large models and proprietary model distillation technology to downsize models for specific use cases.

Persons: Alphabet's, Yuri Milner's, Christian Kleinerman, Databricks, Dani Yogatama, Yogatama, Rob Toews, Krystal Hu, Mark Potter Organizations: Yuri Milner's DST, Reuters, Nvidia, Radical Ventures, Thomson Locations: Reka, Toronto

☆ MLB roundup: Royals erase 6-run deficit, stun Angels
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +10 min

Bobby Witt Jr. led Kansas City's comeback with two-run hits in both the seventh and eighth innings as the Royals plated three in each frame to tie the game. Aroldis Chapman (2-2) earned the win, striking out three in the ninth as the Royals snapped a 10-game losing streak. Snell (3-6) allowed two hits and three walks while equaling his season high with 12 strikeouts. He worked six innings and allowed one run on four hits, with no walks and four strikeouts. Christian Walker added a two-run homer and Lourdes Gurriel Jr. hit a solo shot for the Diamondbacks, who have won two straight games following a three-game slide.

Persons: Samad Taylor, Salvador Perez, Taylor, Scott Sewell, Read, Samad Taylor's, Bobby Witt Jr, Brandon Drury, Shohei Ohtani, Aroldis Chapman, Zach Remillard, Elvis Andrus, Ty France snared Andrus, grounder, Jake Burger, Andrew Benintendi, Andrus, Tayler Saucedo, Paul Sewald, Remillard, J.P, Crawford, Blake Snell, Josh Hader, LaMonte Wade Jr, Davis, Brandon Crawford, Alex Wood, Bobby Miller, Miller, Alex Kirilloff, Ryan Jeffers, Brent Headrick, Joey Wentz, Zack Short, Justin Steele, Nico Hoerner, Mike Tauchman's, Steele, Josh Jung, Dane Dunning, Jonah Heim, Corey Seager, Dunning, Trevor Richards, Daulton Varsho, Joey Wendle, Bryan De La Cruz, Luis Garcia, Jeimer, Chad Kuhl, Kyle Schwarber, Cristian Pache, Andrew Vasquez, Jeff Hoffman, Ken Waldichuk, Wade Miley, Joey Wiemer, Miley, Peter Strzelecki, Hoby Milner, Elvis Peguero, Trevor Megill, Blake Perkins, Rowdy Tellez, Carlos Santana, Matt Olson, Bryce Elder, Ryan McMahon, Albies, Elder, Connor Seabold, Mike Moustakas, Will Benson, Jonathan India slugged, Hunter Greene, Yainer Diaz, Jose Altuve, Altuve, Paul Goldschmidt, Louis, Brendan Donovan, Jordan Walker, Dylan Carlson, Donovan, Brandon Nimmo, Luis Guillorme, Brett Baty, Jake McCarthy, Corbin Carroll, Christian Walker, Lourdes Gurriel Jr, Andres Gimenez, Steven Kwan, Amed Rosario Organizations: Kansas City Royals, Los Angeles Angels, Kauffman, Royals, Kansas, Angels, White Sox, Mariners, Chicago, Seattle, nab, Padres, Rays, San Diego, Tampa Bay, Giants, Dodgers, Los, longtime National League West, Los Angeles, Tigers, Minnesota, Twins, Detroit, Cubs, Orioles, Baltimore, Rangers, Blue Jays, Texas, Toronto, Marlins, Miami, National League East, Washington, Phillies, Athletics, Philadelphia, Oakland, Brewers, Pirates, Milwaukee, Pittsburgh, Braves, Rockies, Atlanta, Colorado ., Reds, Astros, Houston, The Reds, Cardinals, Mets, Diamondbacks, Cleveland, Guardians, Thomson Locations: Kansas City , Missouri, USA, Snell, Tampa, Francisco, Los Angeles, Minneapolis, Arlington , Texas, Colorado, Cincinnati, New York, Arizona, Phoenix

☆ Roberto Firmino: Liverpool great in tears after final match at Anfield
▼ + stars: | 2023-05-21 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

But even a draw couldn’t dampen the emotion of the occasion as Firmino was reduced to tears by the crowd’s tribute to him. Liverpool fans waved jerseys and cries of “Si Senor” reverberated around Anfield while Firmino’s teammates formed a guard of honor for him and other departing players, including James Milner, Alex Oxlade-Chamberlain and Naby Keita. Peter Byrne/PA Images/Getty Images“Unfortunately, we didn’t get the win, it wasn’t the result that you want,” Firmino said afterwards, according to Liverpool’s official website. As for every player, it’s the same,” Firmino said, according to the club’s website. Without my teammates, my family, the manager, you cannot do this.

☆ Firmino scores late goal to keep Liverpool's slim Champions League hopes alive
▼ + stars: | 2023-05-20 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

Juergen Klopp's side are fifth with 66 points with one game remaining, but three points adrift of fourth-place Manchester United who have a game in hand. The home side dominated a frenzied final few minutes as chants of "Si Senor" rang out in the stadium. Liverpool's hopes of qualifying for next season's Champions League appear all but over. Liverpool were missing Darwin Nunez due to a toe injury, while Aston Villa were without injured Philippe Coutinho. Gakpo pulled up his shirt to show the referee the mark, but after a VAR review, Mings was shown a yellow card.

☆ 'I will cry 100%': Firmino braces for emotional Anfield farewell
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +2 min

May 20 (Reuters) - Liverpool forward Roberto Firmino expects his final game at Anfield to be an emotional affair and the Brazilian said he is bracing for a flood of tears as he prepares to leave the Premier League club after eight trophy-laden years. Firmino, who has scored 109 goals since his move from Hoffenheim in 2015, has won every major trophy with Liverpool including the Premier League, Champions League, FA Cup and League Cup. "I am trying to focus on the game, but after it I will cry 100%," Firmino told reporters ahead of Saturday's game against Aston Villa, Liverpool's last home game of the season. "I will miss everything -- my teammates, the club, the fans, especially the fans. At his peak, Firmino was the fulcrum in Liverpool's three-pronged attack, forming a devastating partnership with Mohamed Salah and Sadio Mane.

☆ MLB roundup: Jorge Soler's walk-off HR pushes Marlins past Nats
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +12 min

Washington's Josiah Gray threw 104 pitches in seven innings, allowing two runs (one earned) and striking out five. Miami's Jesus Luzardo, who threw 93 pitches in six innings, allowed one run and struck out seven. Blue Jays right-hander Kevin Gausman allowed three runs (two earned), five hits and two walks while striking out 10 in seven innings. Pirates starter Luis Ortiz (0-2) allowed four runs (three earned) and seven hits in three-plus innings. White Sox right-hander Lance Lynn (2-5) allowed three runs (one earned) and seven hits in seven-plus innings.

☆ Top-four finish not in Liverpool's hands, says Klopp
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +2 min

"Other teams are in much better positions, as long as they win games we have no chance," Klopp told reporters ahead of Saturday's clash against ninth-placed Brentford. We have 59 points and United has 63, so we can get 71 maximum (at the end of the season). The way they played over this season, the top four teams, no one looks like losing more games than they win, Klopp said. James Milner is expected to leave Liverpool after eight years at the end of the season and Klopp described how highly he valued the 37-year-old midfielder. Klopp said Diogo Jota and captain Jordan Henderson will be assessed ahead of the match while Roberto Firmino remains sidelined.

☆ From TikTok to partnerships, the best ways fintechs can attract quality customers amid a downturn, according to experts
▼ + stars: | 2023-05-01 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Balancing customer acquisition cost and customer lifetime value is difficult. Despite the market downturn, experts say startups need to be more savvy about going after new users. Fintechs need to take a quality over quantity approach when it comes to attracting new customers in a tightening market. One solution is to target customers who will offer greater lifetime value, Ron Shevlin, chief research officer at Cornerstone Advisors, said at the conference. Lifetime value is the amount of revenue a business will generate from a single customer.

☆ Despite a tightening market, fintechs need to be more savvy and selective in how they attract new customers, experts say
▼ + stars: | 2023-04-27 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Balancing customer acquisition cost and customer lifetime value is difficult. Despite the market downturn, experts say startups need to be more savvy about going after new users. Fintechs need to take a quality over quantity approach when it comes to attracting new customers in a tightening market. But despite the difficult market, experts say fintechs shouldn't simply be looking to grow their market share by any means necessary. Lifetime value is the amount of revenue a business will generate from a single customer.

Russia has 110 official billionaires in the list, up 22 from last year, according to Forbes' Russian edition, which said their total wealth increased to $505 billion from $353 billion when the 2022 list was announced. "Last year's rating results were also influenced by apocalyptic predictions about the Russian economy," Forbes said, adding that the total wealth of Russia's billionaires was $606 billion in 2021, before the war began. The price of Urals oil, the lifeblood of the Russian economy, averaged $76.09 per barrel in 2022, up from $69 in 2021. Many Russian billionaires cast Western sanctions as a clumsy, and even racist, tool. New Russian names in the Forbes list include billionaires who made their money in snacks, supermarkets, chemicals, building and pharmaceuticals, indicating that Russian domestic demand has remained strong despite the sanctions.

☆ MLB roundup: Rays beat A's to stay undefeated
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +10 min

Stroman has allowed two runs and 17 hits over 32 innings while winning each of his last five home starts. Ji Hwan Bae, Ke'Bryan Hayes and Connor Joe each had an RBI double, and Oneil Cruz and Jason Delay hit RBI singles for the Pirates. Pittsburgh starter Rich Hill allowed seven runs and eight hits in four innings. Alex Cobb (0-1) was the hard-luck loser for the Giants after holding the Royals to two runs on seven hits in seven innings. Kershaw (1-1) took the loss after allowing four runs on seven hits in six innings.

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