Latest in Venture Capital Industry’s
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Omnicom to Acquire Interpublic in Deal That Will Reshape Advertising Industry
The Wall Street Journal reported Sunday that the companies were in advanced merger talks.The Wall Street Journal - Dec. 9 -
A new benchmark for AI investment: Swift Ventures unveils system to separate talk from action
Swift Ventures launches an index of public companies truly investing in AI, showing 37% annual growth and outperforming the Nasdaq and S&P.VentureBeat - Dec. 9 -
BP spins off offshore-wind business in joint venture with JERA, in pullback from renewables
BP has agreed to spin off its its offshore-wind into a newly formed joint venture with Japan’s JERA.MarketWatch - Dec. 9 -
Crypto industry prepares for Trump's second term
The crypto companies that invested in the 2024 elections are hoping to win big returns on their investment as President-elect Donald Trump prepares for his second term in office. Axio's crypto ...CBS News - Dec. 9 -
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BP shifts offshore wind to joint venture amid retreat from renewables
Energy company’s deal with Japan’s Jera will allow it to focus on exploiting oil and gas assets. Business live – latest updates BP has agreed a deal worth up to £4.5bn to build offshore ...The Guardian - Dec. 9 -
BP moves offshore wind business into joint venture with Japan’s Jera
British major is pulling back from renewables to refocus on oil and gasFinancial Times - Dec. 9 -
Lina Sinjab finds people in the capital seizing the moment to enjoy victory
Lina Sinjab in Damascus says people find it hard to believe that 54 years of the Assad dynasty have ended.BBC News - Dec. 9 -
Bain Capital-Backed Kioxia Sets Offering Price for $800 Million IPO
The Japanese chip maker produces NAND flash-memory chips used in smartphones, computer servers and other devices.The Wall Street Journal - Dec. 9 -
Syrian government collapses after rebels take control of country's capital
The Syrian government fell early Sunday after rebels entered the capital of Damascus, ending the Assad family’s 50-year rule in the war-torn country. The rebels’ victory concluded a 10-day ...The Hill - Dec. 8 -
Insurgents reach gates of Syria’s capital, threatening to end decades of Assad rule
The insurgents’ stunning march across Syria is gaining speed.ABC News - Dec. 7 -
Assad regime in peril as insurgents near Syria's capital: What to know
Syrian rebels on Saturday battled government forces in an effort to take control of the crucial city of Homs as they advanced toward the country's capital, Damascus -- moves that catapulted ...The Hill - Dec. 7 -
Hospital founded by Spanish conqueror persists 500 years later in Mexico's capital
The Hospital de Jesus in Mexico City’s bustling historic center covers most of a city blockABC News - Dec. 6 -
Hospital founded by Spanish conqueror persists 500 years later in Mexico's capital
The Hospital de Jesus in Mexico City’s bustling historic center covers most of a city blockABC News - Dec. 6 -
Syrian rebels advance in push to take capital city of Damascus
Syrian rebel forces were approaching the country's third largest city of Homs, raising the prospect of the country's capital city Damascus being cut off from coastal areas that are a stronghold of ...CBS News - Dec. 6 -
Chinese entrepreneur sued for fraud invests $30 million in Trump crypto venture
A $30 million investment in Donald Trump's new crypto venture made by a Chinese billionaire accused of fraud by the SEC is sparking concerns from government watchdogs.ABC News - Dec. 6 -
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After UnitedHealthcare CEO Shooting, Americans Express Frustration With Health Insurance Industry
The shooting death of a UnitedHealthcare executive in Manhattan has unleashed Americans’ frustrations with an industry that often denies coverage and reimbursement for medical claims.The New York Times - Dec. 6 -
Trump says venture capitalist David Sacks will be AI and crypto 'czar'
David Sacks spoke at the Republican National Convention in Milwaukee in July and hosted a fundraiser for Trump in San Francisco.CNBC - Dec. 6 -
My secret corner of Paris: readers’ favourite places to visit in the French capital
From a traditional bonbon shop to a hidden jazz club, our tipsters share their favourite haunts in the City of Light. Of all the chocolatiers’ windows in Paris , Au Chat Bleu at 85 Boulevard ...The Guardian - Dec. 6 -
Greek capital imposes tough security measures on anniversary of fatal police shooting
Athens is bracing for protests marking 16 years since the police shooting of a 15-year-old high school student, whose death sparked riots and has led to annual demonstrationsABC News - Dec. 6 -
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Trump picks venture capitalist David Sacks as AI and crypto ‘czar’
Top donor with links to Musk to offer leadership on ‘two areas critical to the future of American competitiveness’. Donald Trump announced on Thursday that he was nominating podcaster and former ...The Guardian - Dec. 6 -
Trump says venture capitalist David Sacks will be AI and crypto ‘czar’
Venture investor and podcaster David Sacks will join the Trump administration as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced on Truth Social on Thursday.NBC News - Dec. 6 -
Bernie Sanders says RFK Jr. "exactly correct" about food industry
Independent Sen. Bernie Sanders of Vermont spoke to CBS News on Thursday about Robert F. Kennedy Jr., President-elect Donald Trump's pick to run the Department of Health and Human Services. Sanders ...CBS News - Dec. 5 -
Yuval Sharon to step down as artistic director of the Industry opera company
Visionary opera leader Yuval Sharon will step down as co-artistic director of the Industry, the groundbreaking L.A. company he established a decade ago.Los Angeles Times - Dec. 5 -
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The UC Berkeley Project That Is the AI Industry's Obsession
Chatbot Arena ranks the world’s best AI models on a leaderboard based on user voting in head-to-head competitions between bots.The Wall Street Journal - Dec. 5 -
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.CNBC - Dec. 5 -
AI Hits a Wall: What This Means for the Tech Industry
AI commercialization is a game of musical chairs and the music has stopped. For now.Inc. - Dec. 5 -
Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
Black Friday and Cyber Monday Shopping Exceeds Industry Estimates
An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.The New York Times - Dec. 3 -
Nursing Home Industry Wants Trump to Rescind Staffing Mandate
A Biden administration rule that imposed minimum rules on nursing levels may not survive, even though many homes lack enough workers to maintain residents’ care.The New York Times - Dec. 3 -
Europe must make a choice on the steel industry
There is considerable investment into the green transition waiting to be activated, once policy clarity is achievedFinancial Times - Dec. 3 -
Smilegate invests in GTA leader Dan Houser’s Absurd Ventures
Smilegate has made a strategic investment in Absurd Ventures, a game studio founded by Rockstar Games cofounder Dan Houser.VentureBeat - Dec. 3 -
Why Europe's Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.The Wall Street Journal - Dec. 3 -
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U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2