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☆ How private equity giants like Apollo and EQT are using the cloud to improve dealmaking, boost portfolio companies, and tap into AI
▼ + stars: | 2023-09-05 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Here's how Apollo and EQT use Google Cloud to improve themselves and their portfolio companies. The cloud represents big cost savings and efficiency gains among portfolio companies; for example, buyout firm THL migrated one of its portfolio companies to the cloud to save 50% on annual IT infrastructure costs. PE firms benefit from having their data — and their portfolio companies' data — in one place to gain better business insights and check out opportunities. Using cloud to improve portfolio companies and investment firms themselvesBoosting employee productivity with the cloud and AI is top of mind for Apollo's Mahidhar. Google Cloud's tech talent has also helped Swedish PE giant EQT speed up cloud projects among portfolio companies.

Persons: Vikram Mahidhar, THL, Mahidhar, Carl, Magnus Hallberg, execs, Adaire Fox, Martin, Hallberg, Apollo's Mahidhar, it's, —, Zac Maufe, Maufe, it'll, Fox Organizations: Apollo Global Management, Apollo, Google, KKR Locations: EQT, Swedish

☆ David Hallberg’s New Job: Decision Maker
▼ + stars: | 2023-08-01 | by ( Roslyn Sulcas | ) www.nytimes.com time to read: +1 min

One of the biggest adjustments for me was how everyone looks to you for decision making about even very minor things. I always want things to be collaborative, and often people don’t want that — they want you to lead. The other big thing was trying to balance my time and learning what and how to prioritize. Part of your job involves talking to artists who can feel vulnerable and anxious about their careers. When we are having difficult conversations, I want them to feel they are getting an honest answer, not just being calmed down.

Locations: New York

☆ In ‘City on Fire,’ the New York of the Early 2000s Burns Bright
▼ + stars: | 2023-05-04 | by ( Austin Considine | ) www.nytimes.com time to read: +1 min

To the younger actors there to help recreate the night of Aug. 14, 2003, what they “saw” required a leap of imagination. But thanks to postproduction wizardry, viewers of the new series “City on Fire,” debuting May 12 on Apple TV+, will see what for New Yorkers during the regionwide blackout that night was so extraordinary: a night sky dotted with stars. The 2003 blackout had a distinctly communal energy compared with the blackout of 1977, which features prominently in the Garth Risk Hallberg novel “City on Fire,” on which the Apple series is based. As in the late ’70s, New York City’s future then seemed uncertain and its underground rock scene was vital. The Yeah Yeah Yeahs and the beginning of Mayor Bloomberg’s controversial rezoning efforts.

☆ At one of Earth's most remote research stations, Covid is still a problem
▼ + stars: | 2022-11-04 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +3 min

An outbreak of Covid at the McMurdo Station in Antarctica has disrupted life for researchers and support staffers at the southern end of the world. The research station has a population of 885, the statement said, meaning more than 8% of those have tested positive for the coronavirus so far. The outbreak is a reminder that Covid is still a threat to close-knit workplaces and that the virus is still roiling scientific research in remote sites. Because McMurdo is such a remote location, stringent measures were implemented during past field seasons to keep Covid from circulating. “As COVID cases and population at McMurdo Station continue to increase, individuals may be assigned to rooms with COVID positive roommates.”The email encouraged physical distancing and the use of masks.

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