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July 31 (Reuters) - New Relic (NEWR.N) said it has agreed to be taken private by TPG (TPG.O) and Francisco Partners in a $6.5 billion all-cash deal amid stiff competition in the application performance monitoring space from rival software companies Datadog and Dynatrace. New Relic's shares rose about 13% to $83.85 on Monday following the deal involving the private equity firms. New Relic reported annual revenue growth of about 18% compared with Dynatrace's (DT.N) 25% jump. New Relic on Monday reported first-quarter revenue of $242.6 million, compared with analysts' estimates of $239.2 million, according to Refinitiv IBES data. Qatalyst Partners is the company's financial adviser, while Morgan Stanley is the lead financial adviser for Francisco Partners and TPG.
Persons: Kingsley Crane, Genuity, Jana, Morgan Stanley, Akash Sriram, Zaheer Kachwala, Sriraj Kalluvila, Shounak Organizations: TPG, Francisco Partners, Francisco, New, Jana Partners, Eminence Capital, Qatalyst, Thomson Locations: ., Bengaluru
Best Gifts for the Tea Lovers in Your Life
  + stars: | 2023-07-29 | by ( Sarah Rose | ) www.wsj.com   time to read: +8 min
For masterful measuringOMABETA Portable Kitchen Tea Scale $16 at AmazonAs with baking, you will get best results when measuring tea leaves by weight rather than the spoonful. “Some teas are tightly rolled while others are fluffy and light,” explains Ben Marcus-Willers, of Red Blossom Tea Company, a San Francisco-based tea company that sells to consumers as well as Michelin three-star chefs. Desains suggests a porcelain tea pot clad in stainless steel to keep a quality tea warm for hours. Alternately, make a tea concentrate by doubling the amount of tea leaves in hot tea, then pouring it over ice. Tea will always taste best fresh and warm, and its taste will change—“often for the worse,” Kroesen notes—as it cools.
Persons: Sarah Rose, , , Abigail St, Clair, St, Maria Uspenski, Ben Marcus, Willers, Steve Schwartz, Ottilie Cunningham, Fortnum, Mason, Alex Monroe, Franck Desains, Joshua Kaiser, Milwaukee’s Rishi, , Cindy Sherman, Madame de Pompadour, French King Louis XV, Heidi Johannsen Stewart, Van, Brandon Friedman, Obama, ” Friedman, “ Matcha, Catherine Jue, Tekuno, Emeric Harney, Harney, Ravi Kroesen, Smith, Orla Kiely, Jessie Dean Organizations: Amazon, Tea Bella Tea Company, Red, Red Blossom Tea, Michelin, Blossom, Art, Mariages Freres, Desains, MET, Bellocq, Metropolitan Museum of, 187th, Tea, Asheville Tea Company Locations: China, Tampa , Fla, Clair, Darjeeling, it’s, Boulder, Colo, Red Blossom, San Francisco, chai In India, Los Angeles, Paris, Brooklyn, U.S, Iraq, Afghanistan, Dallas, New York, Portland ,, North Carolina
Make It New and Difficult: The Music of Arnold Schoenberg
  + stars: | 2023-07-28 | by ( John Adams | ) www.nytimes.com   time to read: +2 min
SCHOENBERG: Why He Matters, by Harvey SachsIn 1955 Henry Pleasants, a critic of both popular and classical music, issued a cranky screed of a book, “The Agony of Modern Music,” which opened with the implacable verdict that “serious music is a dead art.” Pleasants’s thesis was that the traditional forms of classical music — opera, oratorio, orchestral and chamber music, all constructions of a bygone era — no longer related to the experience of our modern lives. Composers had lost touch with the currents of popular taste, and popular music, with its vitality and its connection to the spirit of the times, had dethroned the classics. One could still love classical music, but only with the awareness that it was a relic of the past and in no way representative of our contemporary experience. While Pleasants’s signaling the ascendance of popular music was right, much of the rest of “The Agony of Modern Music” was fallacious, not least its way of according value to a work of art based on the size of its audience. And for a large part of its public, no composer is more emblematic of that persistent feeling of alienation between composer and listener than Arnold Schoenberg.
Persons: SCHOENBERG, Harvey Sachs, Henry Pleasants, , Composers, Beethoven, Verdi, Wagner, Tchaikovsky, Arnold Schoenberg, “ Schoenberg, ” Sachs, Toscanini, Sachs, Schoenberg, Locations: obscurantism
Wreck of ancient Roman cargo ship found off the coast near Rome
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +1 min
ROME, July 28 (Reuters) - The wreck of an ancient Roman cargo ship from more than 2,000 years ago has been found off the coast near Rome, the arts squad of Italy's Carabinieri police said on Friday. The ship was located off the port of Civitavecchia, about 80 kilometres (50 miles) north-west of the Italian capital, on a sandy seabed at a depth of about 160 metres (525 ft), a statement said. "The exceptional discovery is an important example of the shipwreck of a Roman ship facing the perils of the sea in an attempt to reach the coast, and bears witness to old maritime trading routes," the Carabinieri said. It was not immediately clear whether any attempt would be made to recover it or its cargo from the bottom of the sea. Reporting by Alvise Armellini Editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
Persons: Alvise, Keith Weir Organizations: Thomson Locations: Rome, Civitavecchia
Threads, the newest social-media app from Meta, rocketed past 100 million users less than a week after it went live. The app has since been hailed as the Twitter replacement people have been clamoring for since Elon Musk's takeover — and bungling — of the platform. That's because Meta isn't trying to fill the shoes of its competitor. In other words, Threads isn't targeting the entire Twitter user base, just a segment of it. In its bid for a cash-cow app, Threads is foregoing everything that made Twitter special — no political debate, no train updates, no crowdsourcing breaking news.
Persons: Mark Zuckerberg's, Adam Mosseri, Meta isn't, Donald Trump, , Mosseri, Meta, Musk, it's, Jennifer S, that's, Paris Marx Organizations: Meta, Elon, Twitter, Facebook, Google, Transportation Locations: Australia, Canada, California, Paris
Why Threads will never be the new Twitter
  + stars: | 2023-07-23 | by ( Paris Marx | ) www.businessinsider.com   time to read: +12 min
While Twitter became popular as a place to stay informed and get access to critical information, Meta wants Threads to be a hangout space for lifestyle brands and influencers. Enter: ThreadsIn a Threads post, Mosseri said that the company's goal "isn't to replace Twitter" but "to create a public square for communities on Instagram that never really embraced Twitter and for communities on Twitter (and other platforms) that are interested in a less angry place for conversations." In other words, Threads isn't targeting the entire Twitter user base, just a segment of it. On some level, Threads' aversion to Twitter's free-flowing conversation makes sense — discourse on Twitter can get pretty toxic. In its bid for a cash-cow app, Threads is foregoing everything that made Twitter special — no political debate, no train updates, no crowdsourcing breaking news.
Persons: Mark Zuckerberg's, Adam Mosseri, Meta isn't, Donald Trump, , Mosseri, Meta, Musk, it's, Jennifer S, that's, Paris Marx Organizations: Meta, Elon, Twitter, Facebook, Google, Transportation Locations: Australia, Canada, California, Paris
HONG KONG, July 20 (Reuters) - Fans from Hong Kong and around the world gathered at the feet of a Bruce Lee statue on Thursday to pay tribute to the late kung fu legend on the 50th anniversary of his untimely death. Those who traveled to Hong Kong for the anniversary included people from mainland China, Asia and Europe. "I have loved Bruce Lee since I was very young," said Bruce Shin from South Korea who sported a brush cut and large framed sunglasses, imitating Lee. HKTB2016 REUTERS/Tyrone Siu/File PhotoLee's contributions to martial arts and popular culture have inspired legions of global fans. said Wong Yiu-keung, the chairman of the local Bruce Lee Club.
Persons: Bruce Lee, Hong, Lee, Bruce Shin, Shin, Mei Zhiyong, HKTB2016, Tyrone Siu, Chun, Kung Fu, Ip, Wong Yiu, Bruce Lee Club, Sophie Uekawa, James Pomfret, Emma Rumney Organizations: Harbour, South Korea, HKTB2016 REUTERS, Thomson Locations: HONG KONG, Hong Kong, China, Asia, Europe, South, San Francisco, British, Japan
Almost 90% of classic video games are critically endangered, according to a new study. My first video game console was the Game Boy, a portal to many hours of adventure and excitement. The study was conducted by checking the availability of 1,500 randomly selected video games released before 2010 across every type of console and PC. The study's author says the availability of these classic video games is even worse than the survival rate of silent-era films. The next discussion over video games' copyright law is slated for 2024, and the clock is ticking.
Persons: I'm, Organizations: Software Preservation Network, Federal Trade Commission
CNN —Ancient Buddhist murals and statues in caves along China’s Silk Road are under “direct threat” from extreme rainfall brought by climate change, researchers have found. Zhangye Cultural Heritage Administration/GreenpeaceThe report comes as China is conducting its fourth nationwide cultural heritage survey to log the state of the country’s historical artifacts. “The sites we looked at include some of the most well-funded, best-staffed cultural heritage sites in China. Li said Chinese officials and academics are increasingly aware of the threats of the climate crisis on the country’s cultural heritage sites. Unlike Dunhuang, many historical sites lack long-term monitoring data to research the impacts of climate change, Li said.
Persons: , Li Zhao, Li, we’re, they’re, ” Li, Tianlongshan grottoes Organizations: CNN, UNESCO, Heritage, Greenpeace, Greenpeace East Asia’s, Spikes, Heritage Administration, Dunhuang Academy Locations: Gansu, Greenpeace East, Greenpeace East Asia’s Beijing, Jinta, China, Shanxi, Jinci, Dunhuang
CNN —Construction workers have unearthed a white marble head in the historic center of Rome, the city’s mayor has revealed on social media. It said that the head was found on the eastern side of the area currently being worked on. “The newly found head, of elegant craftsmanship, sculpted in Greek marble, probably belongs to a statue of a female divinity, perhaps Aphrodite, of natural dimensions. He explained that the head was unearthed, intact, in the foundation of a late antique wall. The head was found to be in the foundations of this wall.
Persons: Roberto Gualtieri, Roma, Piazza Augusto Imperatore, ” Gualtieri, Augustus, Aphrodite, , Claudio Parisi Presicce, Parisi Presicce, conservators Organizations: CNN, Roma Press, Roma Locations: Rome, Piazza,
The adtech company held panel sessions and meetings at the "MediaMath Penthouse." But behind the scenes, MediaMath CEO Neil Nguyen had barely been sleeping, according to three people familiar with the matter. "We collectively believed as a company, board, and advisors that we had a deal in hand," the statement continued. When advertisers or agencies buy ads through a platform like MediaMath, the adtech company must pay publishers immediately for their ad space. But the adtech company must wait — often 90 days or more — to be paid by the advertiser or agency.
Persons: MediaMath, Goldman Sachs, MediaMath execs, Neil Nguyen, Nguyen, Olivier Anrigo, Xandr, Joe Zawadzki, Ernest Hemingway, Searchlight wasn't, Neil, Houlihan Lokey, Zeta, Viant, Chris Vanderhook, Tim Vanderhook, Frederick M, Brown, MGI, Lionel Hahn, Remco Westermann, Gary Hershorn, MGI's, Westermann, they'll, Zawadzki, he'd Organizations: Cannes Lions, Cannes, Goldman, Searchlight Capital, Carlton Hotel, Google, IBM, Bain Capital —, Aperiam, Searchlight, Silicon, Zeta Global, Media, Games Invest, Verve, MGI's Verve Group, Getty, Verve Group, Trade, World Trade, Trade Center Locations: France, Cannes, hobnobbing, Delaware, Japan, Manhattan, New York City, MediaMath, AperiamVentures
Ancient Greek altar unearthed at archaeological site in Sicily
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +1 min
[1/3] An ancient Greek altar for family worship dating back at least 2,000 years is pictured after it was found in the Sicilian archaeological site of Segesta, Italy, June 29, 2023. Flavio Leone Sisilab CoopCulture Sicilia/Handout via REUTERSROME, June 30 (Reuters) - An ancient Greek altar for family worship dating back more than 2,000 years has been found in the archaeological site of Segesta on the Italian island of Sicily, local authorities said on Friday. It had been buried for centuries by a few centimetres of earth and vegetation in the area of ​​the Southern Acropolis at the Segesta site, which is in the western part of the island. "The Segesta site never ceases to amaze us," said Sicily's regional culture minister Francesco Paolo Scarpinato. Segesta, renowned for its 5th-century-BC temple, was an ancient Greek city nestled between mountains.
Persons: Flavio Leone Sisilab CoopCulture, Francesco Paolo Scarpinato, Segesta, Federica Urso, Gavin Jones, Gareth Jones Organizations: REUTERS, Southern Acropolis, Thomson Locations: Segesta, Italy, Flavio Leone Sisilab CoopCulture Sicilia, Handout, REUTERS ROME, Sicily, , Southern
Premiere of Lucasfilm's "Indiana Jones and the Dial of Destiny" in Hollywood, Los Angeles, California, U.S., June 14, 2023. REUTERS/Mike Blake/File PhotoLOS ANGELES, June 28 (Reuters) - Harrison Ford is bidding farewell to one of his most famous roles with new film "Indiana Jones and the Dial of Destiny," which heads to theaters on Friday. The film starts with a digitally de-aged Ford, created with help from artificial intelligence, fighting Nazis to secure one half of classical inventor Archimedes' dial of destiny. For the remainder of "Dial of Destiny," the older Jones pursues the other half of the dial with help from goddaughter Helena (Phoebe Waller-Bridge) and her sidekick, Teddy (Ethan Isidore). The pair found Ford not dissimilar to his character, with Isidore saying he was "making these edgy jokes, like Indiana Jones, actually."
Persons: Harrison Ford, Indiana Jones, Mike Blake, Ford, Archimedes, You've, Jones, goddaughter Helena, Phoebe Waller, Teddy, Ethan Isidore, Isidore, Lisa Richwine Organizations: U.S, REUTERS, Reuters, Ford, Thomson Locations: Hollywood, Los Angeles , California, U.S, goddaughter
A Reuters journalist explores his ancestors’ ties to slavery
  + stars: | 2023-06-28 | by ( ) www.reuters.com   time to read: +38 min
It took me a few minutes of research to figure out why I was losing track of the descendants of the people George Julian enslaved. If the racial cleansing of Forsyth County was mentioned, I didn’t notice. Still hopeful that I might be able to somehow identify and locate living descendants of the people my family enslaved, I flew to Georgia last November. Her father was also a butler for a wealthy white family, her mother a cook. In 1860, Osby’s ancestors were enslaved and working the fields of Forsyth County.
Persons: Julian, Abijah’s, George Julian, George, , Adaline, , Abijah, Dick, Lott, Aggy, Henry, Lewis, Ellick, Jim, Josiah, Reuben, Woodrow Wilson, Rob Edwards, Black, Oprah Winfrey, Forsyth, , Cumming, who’d, Abijah Julian, ” Gov, Joseph Mackey Brown, ‘ Dick, I’d, Grandma Horseyfeather, Brice gesturing, ” I’d, Grandma Horseyfeather’s, – I’ve, “ Lott, Abijah Julian’s, Richard Julian, Charlotte Julian, Richard, Charlotte, George Julian’s, She’d, “ I’m, That’s, Martin Luther King, wasn’t, Sophia Dodd, Dodd, Elon Osby, – Dodd, Osby, Bailey, George H, Julian ” –, – “, ” Osby, ” Dodd, Ida Julian ., Ida Julian’s, Ida ., Ida hadn’t, Ida Julian, Bagley, Willie M, Willie Mae Bagley, Willie Mae Butts, Elon Butts Osby, Osby’s, , Elon Osby’s, Ida Bagley, William Bagley, Adaline Julian, Richard Julian –, Abijah Julian –, she’d, we’ve, you’ve, ELON, crunched underfoot, could’ve, Abijah John Julian ”, Webster, I’ve, weren’t, “ We’re, – we’re, , Horseyfeather, gesturing, “ You’re, Tom Lasseter, Corinne Perkins, Wong, Jeremy Schultz, Catherine Tai Design, John Emerson, Blake Morrison Organizations: ., Reuters, , Black, Charlotte, Toyota, Atlanta History, Elon, Lockheed, Tiffany, Atlanta Housing Authority, Task Force, Mazda, American Legion, United, Confederacy Locations: Forsyth, Negros, negros, Virginia, . Civil, Georgia, Cumming, U.S, Forsyth ., Dawson, Atlanta, Tulsa , Oklahoma, Jefferson County , Georgia, Forsyth County, Charlotte, Thai, Macedonia, Buckhead, Bagley, America, Fulton County, Fulton, Bagley Park, Iraq, Afghanistan, Osby, England, Juneteenth, Brooks County
Lawmakers and federal regulators are contemplating changing the definition of "accredited investor." There's a philosophical debate raging in Washington that could transform the multitrillion-dollar capital markets and change the way startups raise money. The origins of the definition of "accredited investor" trace back to the Great Depression and the Securities Act of 1933. And since the Reg D exemption's creation, private markets have become the dominant way for most issuers to access capital markets. According to analysis from the Brookings Institution, in 2020, 13.85% of US households qualified as accredited investors, compared with just 1.8% in 1983.
Persons: Gary Gensler, Elizabeth Holmes, Sam Bankman, Ronald Reagan, Reg D, Maxine Waters, Elizabeth Warren of Massachusetts, Micah Hauptman, Hauptman, haven't, Marcia Dawood, Dawood, Tyler Gellasch, Gellasch, Theranos Organizations: Securities and Exchange Commission, SEC, Apple, Securities, Financial Services, Politico, Consumer Federation of America, Yale Endowments, Brookings Institution, Angel Capital Association, ACA, Healthy Markets Association Locations: Washington, of Arkansas, California
“When we started the program with the Bermuda snails at the zoo, we were just on the edge of extinction of the species,” says Garcia. The greater Bermuda land snail, whose shell measures up to 2.5 centimeters in diameter, shown alongside the lesser Bermuda snail. The hope is that the lesser land snail will follow the greater’s slimy trail. “We’ve been using the greater Bermuda land snail as the surrogate, or the research proxy, assuming that if they do well, the lesser Bermuda land snail will do as well,” says Outerbridge. Scientists have been reintroduced the greater and lesser Bermuda land snails across different islands in the archipelago.
Persons: Gerardo Garcia, Mark Outerbridge, CNN Garcia, , Garcia, , , Outerbridge, Garcia –, CNN “ They’re, We’ve, Pepper Organizations: CNN, Chester Zoo, , Bermuda’s Department of Environment Locations: England, Bermuda, Lesser Bermuda, Port, Hamilton, , Chester, Trunk, Brazil, palmetto
But Midwestern cities are also facing a crisis of their own — struggling to attract workers, residents, and visitors to their downtowns. Nine of the 13 Midwestern cities tracked in the study were in the bottom half of the rankings. In the early part of the 20th century, Midwestern cities boomed — attracting workers and families seeking out manufacturing jobs and education. Many Midwestern cities relied on a single industry or even a single company to buttress its economy. "If office workers are coming downtown less, but college students are willing to come downtown more, what about literally putting a college in your downtown?"
Persons: COVID, Michael Hicks, Jacob Frey, Salesforce, Karen Chapple, Hicks, Michael Siluk, Amanda Weinstein, Weinstein, weren't, it's, Tracy Hadden Loh, Hadden Loh, It's, they've, you've, Chapple, Edwin Remsberg, downtowns, I've, , Columbus, Keyvan Esfarjani, Eliza Relman Organizations: metros —, metros, Ball State University, University of Toronto, St, of Cities, Midwest, University of Akron, Brookings Institution, Institution, Arizona State University, Cleveland, Housing, While Ohio, Ohio State University's, Intel Locations: San Francisco, Seattle, Indiana, Midwest, Louis, Indianapolis, Minneapolis, Cleveland, Kansas City , Missouri, Detroit, Akron, leafier, downtowns, Lake Erie, Burke, Downtown, Kansas, Chicago, Columbus, While, Ohio
In an interview, Mr. Kim said that the renovation was ultimately an opportunity to grow employment. Not all of the casino’s workers, however, are in the union. I welcome change.”The looming stadium deal is not the first time the Tropicana has been threatened. By the 1970s, the resort was already struggling to compete with larger operations like Caesars Palace, and at the end of that decade, the F.B.I. The Tropicana has since changed hands several times.
Persons: Kim, Mr, , Ted Pappageorge, “ They’re, Pappageorge, Tawana Moore, , Ms, Moore, we’ve, Frank Costello Organizations: Culinary Workers Union Local, Tropicana Locations: Nevada
The Dad Canon (Circa Now)
  + stars: | 2023-06-16 | by ( Joseph Bernstein | June | ) www.nytimes.com   time to read: +6 min
But to be honest, it didn’t really make me feel like a dad, let alone the number one dad. Neither had I), I’ve come to see the old dad ways a little more sympathetically, and with some measure of recognition. Still, the touchstones of Boomer dad culture have outlived their descriptive usefulness for younger generations. What, we might ask, is dad culture in 2023? Finally, the new dad culture has definitely not found it necessary to put away childish things.
Persons: gamely, didn’t, I’m, George W.S, Trow, I’ve, Boomer, , There’s Organizations: Father’s, Star Locations: American
The average bank savings rate as of June 7 was a mere 0.25%, according to Bankrate.com. But that’s because the savings rates at the biggest US banks pay very little — see, for instance, 0.01% at JPMorgan Chase (JPM). Currently, the average credit card rate is at a record high of 20.44% as of June 7, according to Bankrate.com. [And] home equity rates are the highest in more than 20 years,” McBride said. The average rate on a 30-year mortgage was 6.71% in the week ending June 8, down from 6.79% the week before.
Persons: , Greg McBride, Sara Kalsman, Schwab, you’ll, That’s, ” McBride, Bankrate, McBride, Anna Bahney Organizations: New, New York CNN, Federal Reserve, JPMorgan Chase, Fidelity, Fed, Locations: New York, Boston, Detroit
BEJUCAL, Cuba, June 14 (Reuters) - Just outside the sleepy Cuban village of Bejucal, a winding track, rutted with potholes and losing ground to the jungle, ends at a barbed wire fence. The question of Chinese spying from Cuba was renewed last week following a Wall Street Journal report. China, Washington’s top geopolitical rival, on Monday denied it was using Cuba as a spy base. [1/5] A truck passes by a sign at the entrance of Bejucal, Cuba, June 12, 2023. Onelvis Despaigne, 36, a farm worker who lives just outside the base, told Reuters on Monday he had not heard the recent foreign media reports on Chinese spying.
Persons: Biden, Bejucal, Arnaldo Perez, Dave Sherwood, Perez, motioning, Marco Rubio, Havana “, Fulton Armstrong, , Armstrong, Vladimir Putin, Onelvis Despaigne, Matt Spetalnick, Adam Jourdan, Don Durfee, Bill Berkrot Organizations: Reuters, Federal Communications Commission, Communist Party, FCC, Security, Commission, ARCOS, U.S . Department of Homeland Security, Justice Department ., Guantanamo, Base, White House National Security Council, REUTERS, Cuban Missile, Soviet Union, U.S, Cuban, CIA, Thomson Locations: BEJUCAL, Cuba, Cuban, Bejucal, China, Beijing, States, Key West , Florida, U.S, United States, Justice Department . China, Havana, Soviet, Moscow, Marco Rubio of Florida, Caribbean, Taiwan Strait, South China, Russia, Ukraine, Lourdes, Washington
Inflation trading has gone from a backwater to a $4 billion business as consumer prices careen. It's led to a rush of hiring by banks and hedge funds eager to tap top talent. Insider breaks down the biggest departures, promotions, and hires in inflation trading. Inflation trading isn't new, but up until the last two years, it was a bit of a backwater. It's Winkworth's second move since the renaissance in inflation trading — he joined Deutsche from Morgan Stanley in 2021.
Persons: It's, Jimmy Carter, Joaquin de Soto, Goldman Sachs, Jordan Lange, Carrington Fox, Igor Cashyn, Guy Winkworth, Sukhjeet Atwal, Morgan Stanley, we'll Organizations: Citadel, Barclays, May, JPMorgan, Deutsche Bank, Deutsche
The story behind this playful rooftop portrait
  + stars: | 2023-06-09 | by ( Rebecca Cairns | ) edition.cnn.com   time to read: +8 min
Hong Kong’s humidity – already oppressive – was intensified in the dark, maze-like alleyways of an unruly enclave known as Kowloon Walled City. Greg Girard, courtesy of Blue Lotus GalleryA ‘strange, vertical village’Girard first visited Kowloon Walled City in 1986 while on a shoot at the nearby airport. As such, the Walled City remained technically subject to Chinese rule, though this was never enforced. The site of the Walled City has since been transformed into a public park, which opened in 1995. Ongoing interest in the Walled City is, Girard suggests, because of the spirit it encapsulates: the aptitude for survival even in the harshest of circumstances.
Persons: , Greg Girard, wasn’t, ” Girard, , Girard, Greg Girard ., ’ Girard, , Ian Lambot, Lambot, Girard — Organizations: CNN, Kai Tek International, Lotus Locations: Hong, Kowloon Walled City, Walled City, Walled, Tung, Hong Kong, British, , , City, Girard
Apple is on the cusp of revealing its future post-iPhone with a big bet on the metaverse. Tim Cook is expected to unveil a new mixed reality headset at WWDC in his riskiest move yet. Apple has the tough task of convincing the world the metaverse is still the future as interest dips. But emerging signs suggest Apple would have a seriously tough time shipping units for its metaverse bet. "If you believe there's something beyond a smartphone then it's probably the metaverse," Munster said.
Persons: Tim Cook, that's, Mark Zuckerberg's Meta, it's, Zuckerberg, Palmer Luckey, , ChatGPT, Gene Munster, he's, Siri, That's, Apple, Munster, Bill Gates, Apple's Cook Organizations: Apple, Developers, Bloomberg, Meta, Deepwater Asset Management, Microsoft Locations: Cupertino
The demise of the deal negotiations underscores the challenges facing private equity firms seeking to put together leveraged buyouts. New Relic has been negotiating with potential acquirers since last year, Reuters has reported, and it's possible that deal talks resume some time in the future, the sources added. New Relic and Francisco Partners did not immediately respond to requests for comment, while TPG declined to comment. San Francisco-based New Relic develops cloud-based software to help websites and application owners track the performance of their services. New Relic has previously been targeted by several activist hedge funds including Jana Partners, Engaged Capital and Eminence Capital.
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