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☆ Alphabet-Wiz deal is the tip of the iceberg in broader tidal wave of tech M&A, says Wedbush's Ives
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet-Wiz deal is the tip of the iceberg in broader tidal wave of tech M&A, says Wedbush's IvesDan Ives, Wedbush Securities analyst, joins 'Squawk on the Street' to discuss if the M&A landscape will change if former President Trump is reelected, cybersecurity for the cloud, and what explains Tesla's stock rebound.

Persons: Wedbush's Ives Dan Ives, Trump, cybersecurity Organizations: Wedbush Securities

☆ Google is close to making its biggest acquisition ever
▼ + stars: | 2024-07-15 | by ( Matt Egan | Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN. A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition. Discussions between Google and Wiz began after the startup raised $1 billion from venture capital investors earlier this year, the source said. Google Cloud is central to the company’s efforts to diversity revenue beyond its core search advertising business. Notable customers include BMW, Slack and Salesforce, and it works with major cloud companies including Amazon, Microsoft and Google.

Persons: Wiz, Dan Ives, Biden, Trump, Ives, — Assaf Rappaport, Ami Luttwak, Yinon Costica, Roy Reznik, Slack Organizations: New, New York CNN, Google, CNN, Wiz, Wall Street, Motorola, Microsoft, Wedbush, White, Federal Trade Commission, Big Tech, Israel Defense Forces, Fortune, BMW, Amazon Locations: New York, New York City

☆ Why Google is ready to risk a DC battle to land a potential $23 billion deal
▼ + stars: | 2024-07-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The deal could be worth as much as $23 billion — and would mark an extraordinary moment for Wiz. Wiz, which was valued at $12 billion after announcing a $1 billion fundraising in May, puts "cloud security" front and center. Thomas Kurian is CEO of Google Cloud. Analysts at Wedbush including Dan Ives said in a research note that a Wiz deal "would clearly bolster the Google cloud offering and value proposition to enterprises."

Persons: —, Morgan Stanley, Blackstone, Assaf Rappaport, Harry Murphy, That's, Thomas Kurian, Dan Ives, Sen, Richard Blumenthal Organizations: Service, Street Journal, Israeli military's Unit, Business, Wiz, Google, Amazon, Microsoft, FTC, Big Tech Locations: New York

☆ Google Close to Its Biggest Acquisition Ever, Despite Antitrust Scrutiny
▼ + stars: | 2024-07-14 | by ( Nico Grant | Lauren Hirsch | ) www.nytimes.com time to read: 1 min

Google, which became one of the world’s the most valuable companies through its search engine and other consumer internet services, is nearing its largest-ever acquisition to improve what it can offer to business customers. Google is in talks to buy Wiz, a New York-based cybersecurity start-up, according to three people with knowledge of the discussions, who were not authorized to discuss them. While a deal looks likely, talks could still fall apart, the people said. Google and Wiz did not respond to requests for comment. The Wall Street Journal earlier reported that the companies were discussing a deal.

Persons: Wiz Organizations: Google, Motorola Mobility, Street Locations: New York

☆ Google reportedly in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal
▼ + stars: | 2024-07-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter. It had been eyeing an IPO as recently as May, when the company achieved a valuation of $12 billion. Google has made large cyber acquisitions before: The company acquired cybersecurity firm Mandiant for $5.4 billion two years ago. But its reported talks with Wiz would suggest that the company has developed a fresh appetite for M&A, competitive concerns notwithstanding. Google had been in talks to acquire sales software maker Hubspot, CNBC previously reported, but its pursuit had reportedly cooled.

Persons: Sundar Pichai, Wiz, Assaf Rappaport Organizations: Alphabet Inc, Government, Society, Google, Street, Wiz, Ventures, Insight Partners, Sequoia Capital, CNBC Locations: Stanford , California

☆ Google Readies $23 Billion Deal for Wiz, a Start-Up, Despite Antitrust Scrutiny
▼ + stars: | 2024-07-14 | by ( Nico Grant | Lauren Hirsch | ) www.nytimes.com time to read: 1 min

Google, which became one of the world’s the most valuable companies through its search engine and other consumer internet services, is nearing its largest-ever acquisition to improve what it can offer to business customers. Google is in talks to buy Wiz, a New York-based cybersecurity start-up, according to three people with knowledge of the discussions, who were not authorized to discuss them. Wiz was last valued at $12 billion. While a deal looks likely, talks could still fall apart, the people said. The Wall Street Journal earlier reported that the companies were discussing a deal.

Persons: Wiz Organizations: Google, Motorola Mobility, Street Locations: New York

And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.

Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, —, John Rechy, ”, Danez Smith, Trump, he’d, “, Jenna Lyons, Avram Finkelstein, Joe Mantello, …, Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, ’, Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, “, Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, “, America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, ’, I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, —, Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles

☆ Wayne Brady and Nichelle Lewis on Striving for Excellence in ‘The Wiz’
▼ + stars: | 2024-05-27 | by ( Salamishah Tillet | ) www.nytimes.com time to read: 1 min

“That show was so Black,” my 8-year-old whispered after we saw “The Wiz” on Broadway. He hadn’t made this observation last fall after seeing a performance of the show in Baltimore, during the national tour that preceded this revival. So I was curious: What had changed, and why was this iteration more culturally resonant for him than even the 1978 movie starring Diana Ross and Michael Jackson or NBC’s 2015 “The Wiz Live!” special that I’d screened for him. I suspected my son was drawn to this version’s colloquial expressions (“All I got to do is stay Black and die,” Evillene tells Dorothy), choreography (ranging from Atlanta street dancing to South African amapiano) and its casting of Wayne Brady as the Wiz, who greets the Scarecrow and the Tinman with a dap. (Brady will depart the production on June 12.)

Persons: hadn’t, Diana Ross, Michael Jackson, Evillene, Dorothy, Wayne Brady, Brady Organizations: Broadway Locations: Baltimore, Atlanta

☆ Opinion | Why Was This Treasure of Musical Theater All but Lost to the Ages?
▼ + stars: | 2024-05-09 | by ( John Mcwhorter | ) www.nytimes.com time to read: +1 min

“Purlie” and “The Wiz” — along with “Dreamgirls,” which landed just past the decade divider in 1981 — have been well attended since the 1970s. “The Wiz” was made into a film that many Black people regard as iconic, and a revival is playing on Broadway now. It ran for over two years, won the Tony for best musical and best actress (Virginia Capers) and Theatre World awards for three other leads. Musical theater historians tend to blow by it with a couple of respectful sentences. It’s had a regional revival or three, but compared with “Purlie,” “The Wiz” and “Dreamgirls,” it is a dead property.

Persons: Lorraine Hansberry’s, Blacker, Purlie, ”, —, “ Purlie ”, “, Hansberry’s, Robert Nemiroff, Charlotte Zaltzberg, Judd Woldin, Robert Brittan, Tony, Virginia Capers, It’s, “ Purlie Organizations: Sun, Broadway, Theatre

☆ The ‘Star Wars’ timeline is confusing. Here’s when ‘The Acolyte,’ ‘Ahsoka’ and more take place
▼ + stars: | 2024-05-04 | by ( Scottie Andrew | ) edition.cnn.com time to read: +17 min

Worry not, padawans: CNN has laid out a comprehensive timeline of the “Star Wars” canon so you can follow all of the franchise’s time-jumps without getting lost in space. These details are pulled from the official “Star Wars” resources “Ultimate Star Wars” and “Star Wars Character Encyclopedia,” as well as a chart of the eras explored throughout the franchise. ‘Star Wars: The Clone Wars’ (animated series)Ahsoka is Anakin's padawan in "The Clone Wars," and he lovingly calls her "Snips." ‘Star Wars Rebels’Kanan Jarrus, Zeb Orrelios and Sabine Wren take on the Empire in "Star Wars Rebels." ‘Rogue One: A Star Wars Story’Heroes attempt to find the plans to blow up the Death Star in "Rogue One."

Persons: we’ve, Rey Skywalker, Jin, Anakin Skywalker, Wan, Anakin, who’s, Anakin’s, Darth Maul, Palpatine, Darth Sidious, Obi, “, Padmé, ”, Count Dooku, Warner, Ahsoka Tano, Sidious, Darth Vader, Luke, Leia, Vader, ‘, Han, Chewie, Jonathan Olley, scoundrel Han, Thrillist, frenemy, Lando Calrissian, ‘ Obi, Kanan Jarrus, Zeb Orrelios, Sabine Wren, ‘ Andor, Cassian Andor, Jyn Erso, Jyn, ’ Luke, —, Yoda, batty, Lando, Yikes, Jabba, redeems, VI, VII, Grogu, Mando, Boba Fett, Jango Fett, flitted, Boba, Din, ” It’s, Ahsoka, Jabba the, Suzanne Tenner, Ezra Bridger, Hera Syndulla, Thrawn, Rey, Kylo Ren, ” Rey, stormtrooper Finn, Kylo, ’ Finn, Phasma, Ren, Snoke, MacGuffin, Poe, Emperor Palpatine, she’s, Jude, Kerry Condon, Lee Jung, jae, Amandla, Leslye Headland, James Mangold, Indiana Jones, Dave Filoni, Daisy Ridley Organizations: CNN, “, “ Star, Lucasfilm, Everett, Lucasfilm Ltd, USA, ‘, Warner Bros, Fox, Empire, Tech, Disney, Walt Disney Studios, ‘ Star Wars Rebels, Star Wars Rebels, AV, Pictures, Rebel, Rebels, Galaxy, imperials, Rotten, “ Star Wars Rebels, Force, Rey, C3PO, Jude Law, Variety Locations: Yavin, “, Republic, Hunter, Luke’s, ”, USA, carbonite, New Republic, Endor

Here are our thoughts on this season’s inadvertent (and possibly advertent) snubs, delightful (or mystifying) surprises and other notable anomalies. A melancholy morning for ‘Vanya.’Television stars are considered good box office but not always good Tony bait. This year’s crop, including Sarah Paulson, Jeremy Strong, Steve Carell and William Jackson Harper, complicates that wisdom. Spreading all that love helped take the show to Number One with a Bullet — the most nominated play in Broadway history. On the other hand, the superb ensemble casts of “Jaja’s African Hair Braiding” and “Illinoise” were skunked.

Persons: “, ‘ Vanya, ’, Tony, Sarah Paulson, Jeremy Strong, Steve Carell, William Jackson Harper, Paulson, Carell, Harper, Uncle Vanya, ”, Chekhov, David Adjmi’s, Tom Pecinka, Sarah Pidgeon, Juliana Canfield, Will Brill, Eli Gelb, Illinoise Organizations: Broadway, Lincoln Center Theater

☆ Tish Cyrus-Purcell says she would have been a better mom if she'd started smoking weed while her kids were young
▼ + stars: | 2024-03-04 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Tish Cyrus-Purcell says she'd have been a better parent if she started smoking weed earlier. "My decision-making is so much better now that I smoke weed," Cyrus-Purcell said. AdvertisementTish Cyrus-Purcell says she would've been a "better parent" if she started smoking weed while her kids were still young. Brandi Cyrus, who co-hosts the podcast, also chimed in, saying that her mother would've been "much more tolerant" had she started smoking weed earlier. "My decision-making is so much better now that I smoke weed," Cyrus-Purcell said.

Persons: Tish Cyrus, Purcell, she'd, Wiz Khalifa, Cyrus, —, would've, Brandi Cyrus, — Miley, Braison, Noah —, Billy Ray Cyrus, Brandi, Billy Ray, Dominic Purcell, Khalifa, Alex Cooper Organizations: Service Locations: Instagram

☆ Is Tesla's Cybertruck the new status car?
▼ + stars: | 2024-03-01 | by ( Grace Kay | Madeline Berg | ) www.businessinsider.com time to read: +8 min

Tesla's Cybertruck isn't the kind of car that goes unnoticed. The Cybertruck isn't your average pickupMusk has been hyping up the Cybertruck since it was announced in 2019. AdvertisementFrom the start, it's been clear the Cybertruck isn't geared toward your traditional pickup truck market. But it's not exactly your typical luxury status car, eitherWhile the Cybertruck isn't a traditional pickup, it's not exactly a luxury car. "The finance geeks are just, they're beside themselves of how much they admire" Musk, Chesterfield said.

Persons: Tesla's Cybertruck, Kim Kardashian, Pharrell Williams, Jay, Hayley, Justin Beiber, Wiz Khalifa, Ivan Drury, Edmunds, it's, Tesla, Elon, Winston Chesterfield, Barton, It's, Chesterfield, it's Tesla's, hasn't, Ford, Jim Farley, Brian Moody, Mercedes, Ben Affleck, Cameron Diaz, Will Smith, Oprah Winfrey, Morgan Freeman, Steven Spielberg, Drury, Musk, it'll, Moody, Kyle Conner Organizations: Business, Ford, Royce, Twitter, YouTube Locations: Instagram, London

☆ Reviving ‘The Wiz’ Through ‘the Blackest of Black Lenses’
▼ + stars: | 2024-02-24 | by ( Naveen Kumar | ) www.nytimes.com time to read: +1 min

Schele Williams first saw “The Wiz” when a tour of the original Broadway production came through Dayton, Ohio. She even used the show’s soaring finale, “Home,” as one of her audition songs. Now, after working on Broadway as an actor (“Aida”) and an associate director (“Motown”), she is directing the first Broadway revival of “The Wiz” in almost 40 years. It’s a chance, Williams said, to celebrate what “The Wiz” has meant to her and to pass the story along to her daughters. Since becoming a Broadway hit in 1975, “The Wiz,” a gospel, soul and R&B take on Dorothy’s adventures in Oz, largely composed by Charlie Smalls, with a book by William F. Brown, has been a vibrant cornerstone of Black culture.

Persons: Schele Williams, Dorothy, ”, Williams, It’s, Charlie Smalls, William F, Brown Organizations: Broadway Locations: Dayton , Ohio

☆ Millennium Has Hired a Top Jane Street Trader
▼ + stars: | 2024-02-08 | by ( Alex Morrell | Bradley Saacks | ) www.businessinsider.com time to read: +3 min

But the spotlight came for Jane Street anyway. Representatives for Jane Street and Millennium declined to comment. Millennium is in many ways the inverse of Jane Street. Six years ago, Schadewald joining Jane Street raised some eyebrows — a testament to the once barely-known firm's ascendance. Today, leaving a juggernaut like Jane Street for the intensity of a high-risk, high-reward hedge fund seat is viewed as the surprise.

Persons: Jane Street, Jane, It's, Sam Bankman, doesn't, Doug Schadewald, Izzy Englander's, Jane Street's, he's, Schadewald Organizations: Bloomberg, Business, Wall Street, Financial Times, Jane Street, Barclays, Management, Star Millennium, Citadel

☆ Stocks making the biggest moves midday: Nvidia, Boeing, Snap, Tyson Foods and more
▼ + stars: | 2024-02-05 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

McDonald's posted adjusted earnings of $2.95 per share on $6.41 billion in revenue. Analysts had expected earnings of $2.82 per share and $6.45 billion in revenue, according to LSEG, formerly known as Refinitiv. Analysts polled by FactSet forecast earnings of $2.30 per share on $8.9 billion in revenue for the fourth quarter. The company posted adjusted earnings of 69 cents per share on revenue of $13.32 billion. Caterpillar reported adjusted earnings of $5.23 per share on revenue of $17.07 billion.

Persons: Goldman Sachs, McDonald's, Eli Lilly, Jim Umpleby, Estée Lauder —, Dali Rajic, —, Macheel, Jesse Pound, Hakyung Kim, Alex Harring, Michelle Fox, Sarah Min, Darla Mercado Organizations: Nvidia, Novo Nordisk —, Novo Holdings, Novo Nordisk, Management, U.S . Food, Boeing —, Boeing, Tyson, Caterpillar, Air Products, Chemicals, Reuters Locations: Novo, U.S

☆ How Do You Make a Weed Empire? Sell It Like Streetwear.
▼ + stars: | 2024-01-30 | by ( Ezra Marcus | ) www.nytimes.com time to read: +1 min

There I met Nikola Pavlovic, a genial salesman wearing a flamingo-patterned bucket hat atop long hair, canvas moccasins and a shirt covered in psychedelic flowers. This expertise eventually took him to Cookies, where his role is to match customers with the ideal strain for their lifestyles. And, of course, hoodies: Cookies clothing plays a key role in both the brand’s origin story and its current marketing strategy. The brand predates any legal marijuana regime — when Cookies was strictly a black-market concern, hoodies and hat sales allowed it to gain a foothold above ground. And the soft goods give buyers a way to signal something specific to the outside world: I smoke lots of weed, but in the cool Wiz Khalifa way, not the lame suburban-mom way.

Persons: Nikola Pavlovic, Pavlovic, Khalifa Organizations: Ferrari Locations: Miami

☆ IPO watchers are pinning hopes for recovery on a strong stock market and the AI boom
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

Yet the main IPO ETF, the Renaissance Capital IPO ETF ( IPO ), has been for sale most of the month. "For the IPO market to open up, it would help not to have our IPO ETF down 9%," he said. Forge Global maintains a Private Market Index , a measure of 75 late-stage pre-IPO companies. "This tells you valuations are getting reset in the private market," Ng told me. Can AI save the IPO market?

Persons: Matt Kennedy, Homebuilder Smith Douglas, Don Short, Salomon, Wilson, Howe Ng, Ng, Del, Waystar, Kim Kardashian's, Short, Vincent Harrison Organizations: Renaissance Capital, Nasdaq, Amer Sports, Arc'teryx, Forge, SEC, Companies, Reuters, Auto, Turo, CNBC, Microsoft, Gaming, SpaceX, Forge Global Locations: Kazakhstan, IPOs, Pitchbook

☆ Wiz Khalifa says he goes to parent-teacher meetings high because he wants his kids' teachers to connect with the 'real' him
▼ + stars: | 2024-01-11 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Read previewWiz Khalifa has an interesting parenting practice: Showing up to his son's parent-teacher meetings high. "Hell yeah, I'm pulling up stoned. Albert L. Ortega/Getty Images"And yeah, I'm pulling up stoned; I'm pulling up high because I want them to connect with the real me," Khalifa said. The "See You Again" rapper also added that he's almost certain that his son "smells like weed." The rapper is known for his habit of smoking marijuana and even has his own brand of weed, Khalifa Kush.

Persons: —, Khalifa, Alex Cooper, Sebastian, Amber Rose —, Wiz Khalifa, Albert L, Ortega, They're, Kush, Lake Bell, Cann, I'm, Bell, Mark Wahlberg, Wahlberg Organizations: Service, Business, Wiz, Palm Locations: American

☆ Cassie’s Suit Against Sean Combs May Cast Her Career in a New Light
▼ + stars: | 2023-11-17 | by ( Joe Coscarelli | More About Joe Coscarelli | ) www.nytimes.com time to read: +2 min

A second album was routinely teased in the press — with Combs touting her artistic development: “she’s really cocooned into a butterfly” — but never materialized. “I wanted to go all the way and kind of land in punk,” she said at the time. By 2012, with the release of the single “King of Hearts,” Ventura was still touting a comeback. It would be years before Ventura released music again. According to the singer’s lawsuit, on at least two occasions in 2009 and 2015, Combs beat her after seeing her speak to music managers at parties.

Persons: Combs, “ You’ve, Lil Wayne, Akon, Ventura, Cassie, “, ”, ” Ventura, “ I’m, “ It’s, Wiz Khalifa, Rick Ross, Meek, she’s Organizations: MTV, Interscope Records, Bad, Pitchfork

☆ On tour with Burna Boy to Wizkid: How Afrobeats conquered the world
▼ + stars: | 2023-11-14 | by ( Thomas Page | ) edition.cnn.com time to read: +6 min

The following week the two crossed paths again and the photographer let Burna Boy know the photos were his. There was something fresh; it was something that they hadn’t seen before.”Photographer Oliver D. Akinfeleye, aka DrDrummerD, has documented Afrobeats artists in the US and Europe since 2017. Of all the artists Akinfeleye has worked with, he says his bond with Wizkid is the tightest. “Nigerian music – African music – is there to make people feel good no matter what,” he added. The world needs to feel good,” Akinfeleye argues, and that need isn’t disappearing any time soon.

Persons: CNN — Oliver Akinfeleye, Burna Boy’s, Burna, Akinfeleye, Wizkid, Rema, Selena Gomez, Oliver D, Aubrey, Drake, Graham, Mr Eazi, Brandon Boyd, Wiz’s DJ, DJ Tunez, ” Akinfeleye, “, ”, he’s, Afrobeats, it’s Organizations: CNN, Palladium Times, Madison, Citi Field, Tottenham Hotspur, O2, MTV, Washington DC, O2 Arena Locations: New York, American Nigerian, Queens , New York, Nigerian, Citi Field , New York, Glastonbury, London, African, Europe, Runtown, Washington, Akinfeleye, Puerto Rico

☆ GoStudent, the $3 billion edtech darling, scaled fast and partied hard. The result was a mess.
▼ + stars: | 2023-10-24 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +23 min

These people were employees of GoStudent, an Austria-based online-tutoring startup that had quickly become the darling of the European tech scene. But 28 current and former GoStudent employees and tutors said they experienced a poorly run organization with clumsy management. Edtech companies "rarely have any major competitive advantage other than scale," a European venture capitalist who's not affiliated with GoStudent said. A GoStudent employee threatened to track down the petition's author using tutors' IP addresses, according to the German publication Handelsblatt. According to public documents updated in December 2022, GoStudent had shrunk to 15 markets and 1,500 employees, including its acquisitions.

Persons: Felix Ohswald, Gregor Müller, GoStudent, who'd, I'm, Heinz, Peter Meidinger, cofounders, Ferdinand von Hagen, Prada, GoStudent's, Dave Benett, Müller, —, Ohswald, Anthony Canavan, Canavan, Brutkasten, Norbert Wess, Harry Murphy, Duncan McIntyre, McIntyre, Neel Gupta, Anna Tuchy, Patrick Nadler, Nadler, Sarah Heuberger, Ross Slater Organizations: German Teachers ' Association, Employees, GoStudent, Conseil, prud'hommes, DBS, Safety Officers, Web, Getty, JP Morgan, Barclays, Deutsche Bank, TechCrunch, Organisation for Economic Cooperation Locations: Vienna, Austria, Silicon Valley, North America, South America, Europe, London, France, Soho , London, Dock, DACH, Germany, Switzerland, Spanish, Sweden, Swedish, GoStudent, Ukraine, Ibiza, GoStudent's, Deliveroo

☆ Web Summit CEO apologises for comments on Israeli conflict
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Oct 17 (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Tuesday apologised for comments he made on the Israeli-Hamas conflict that prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. Web Summit, one of the world's largest tech conferences, will take place in Lisbon from Nov. 13-16, with attendees from companies such as Meta (META.O) and Microsoft (MSFT.O) to investors such as Atomico. "War crimes are war crimes even when committed by allies, and should be called out for what they are," wrote Cosgrave, who was born in Ireland. Among executives to have cancelled their participation at Web Summit are AI21 Labs' Ori Goshen; Tome's Keith Peiris; Sequoia Capital partner Ravi Gupta; Yinon Costica, co-founder of Israeli cybersecurity unicorn Wiz; and Y Combinator’s Garry Tan, according to LinkedIn and X posts. Philippe Botteri, CEO of tech investor Accel, said in a LinkedIn post on Monday he would no longer speak at Web Summit.

Persons: Paddy Cosgrave, Cosgrave, I’m, Leo Varadkar's, Israel, Cosgrove, Goshen, Tome's Keith Peiris, Ravi Gupta, Yinon Costica, Y, Garry Tan, Philippe Botteri, Portugal Dor Shapira, Steven Scheer, Supantha Mukherjee, Josephine Mason, Alison Williams, Mark Potter Organizations: Web, Microsoft, Palestinian, Hamas, Irish, AI21 Labs, Sequoia Capital, Thomson Locations: Portugal, Lisbon, Gaza, Israel, Ireland, Jerusalem, Stockholm, London

☆ It's clear Trump played the debates perfectly, and by avoiding them entirely he's turned them into a pointless spectacle
▼ + stars: | 2023-09-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Trump made the right decision by skipping the GOP primary debates. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Now, one of his senior advisors is calling for the Republican National Committee to cancel any future debates. Now, it looks clear that by staying away Trump deprived the debates of the spectacle that surrounds him. Chris Christie quipped the debate that Trump would be known as "Donald Duck" if he continued to skip out.

Persons: Trump, —, Donald Trump, Ronald Reagan's, Fox, Mark Burnett, Joe Biden, Ron DeSantis, DeSantis, Chris Christie, Donald Duck, Nikki Haley, Sen, Tim Scott, Haley, Scott Organizations: Service, GOP, Republican National Committee, wiz, Disney, . New, . New Jersey Gov Locations: Iowa, Florida, ., . New Jersey

☆ Boards Still Lack Cybersecurity Expertise
▼ + stars: | 2023-09-25 | by ( James Rundle | ) www.wsj.com time to read: +4 min

Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. This includes people who sit on the boards of cyber companies or have an affiliation with a cybersecurity-related professional organization. Heath, a former security chief at United Airlines and tech provider DocuSign, sits on the boards of cyber companies Wiz and Gen Digital. Board work demands wide business experience that many security chiefs lack, said Myrna Soto, founder and chief executive of consulting firm Apogee Executive Advisors. Solving this problem will take effort from boards and cybersecurity professionals, said NightDragon’s DeWalt.

Persons: ”, Dave DeWalt, Emily Heath, Heath, “, Myrna Soto, Patrick T, Soto, NightDragon’s DeWalt, James Rundle Organizations: Delta Air Lines, United Airlines, Gen Digital, Wall Street, U.S . Securities, Exchange, Apogee, Fallon, Bloomberg, Directors, Spirit Airlines, Popular, TriNet Locations: U.S, NightDragon, cybersecurity, Heath

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