Uk Cybersecurity Star Darktrace Agrees £4.3bn Private Equity Takeover | Daily Mail Online
The cybersecurity company has received an offer from US private equity firm Thoma Bravo, which tried to snap up Darktrace two years ago until talks broke down.
Xaira, Anthos, Curevac & More--chutes & Ladders
Chutes & Ladders--Ex-Stanford president will lead new billion-dollar biotech gmasson Thu, 04/25/2024 - 14:04.: Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please send the good word--or the bad--from your shop to Max Bayer or Gabrielle Masson, and we will feature it here at the end of each week. Last year was a difficult one for ex-Stanford president Marc Tessier-Lavigne, Ph.D. An investigation into his prior research from the campus's student newspaper ultimately led to his resignation. But the once-chief scientific officer of Genentech is now back in biotech.
Investors Brace For 5% Treasury Yields As Us Inflation Worries Mount
NEW YORK (Reuters) -- As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode expectations for how deeply the Federal Reserve will be able to cut interest rates without further fueling consumer prices. The yield on the benchmark 10-year note is up 80 basis points this year and last stood at 4.70%, a five-month high. Many investors are betting further weakness lies ahead for bonds.
Solana Sees "dramatic Increase" In Institutional Investment As Altcoin Exposure Grows, Coinshares Says
Solana (SOL) is witnessing a "dramatic increase in allocations" from wealth managers and hedge funds, who are also broadening their exposure to altcoins, Coinshares said. [...]
Is Pierre Poilievre The Canadian Version Of Donald Trump?
Pierre Poilievre speaks at a protest against a Federal Carbon Tax increase on March 27, 2024. | Artur Widak/NurPhoto/Getty Images The rise of an unusually tame right-wing populist reveals how Canadian democracy stays strong -- and why the world should take notes from Ottawa.
Gop Lawmakers Demand Major Donors Pull Funding From Columbia Over 'antisemitic Incidents'
A group of House Republicans are urging donors to Columbia University to withhold funding in protest of its handling of anti-Israel protests on campus.
Future Fund Deputy Cio Jumps To Blue Owl
Blue Owl Capital's hire of a top executive from the Future Fund has generated more interest in US firms vying for institutional business in Australia.
Anglo American Rejects Bhp's 'opportunistic' Takeover Offer - Nikkei Asia
SYDNEY -- U.K. miner Anglo American on Friday rejected a takeover bid from its bigger rival BHP, saying the offer by the Australia-based giant undervalued the company and its prospects. The rejection came a day after the company confirmed it had received an unsolicited, non-binding all-share offer from the world's largest mining firm that was conditional on Anglo American spinning off its platinum and iron ore business in South Africa.
Billionaire 'bond King' Bill Gross Tells Investors To Avoid Tech And Stick To Value Stocks
Billionaire "bond king" Bill Gross told investors to avoid tech stocks and stick to value stocks. In a post on X, the "bond king" said, "Stick to value stocks, avoid tech for now." His message comes as a weaker-than-expected GDP report also showed that consumer prices remained high in the first quarter. Bond yields jumped on the data, and the tech sector dropped, with the Nasdaq Composite down more than 1% Thursday afternoon. Gross said that if investors have to dabble in tech, go with Microsoft: "MSFT best in tech if you must."
How The Overseas Owners Of The Uk's Water Companies Clean Up By Polluting Our Rivers | George Monbiot
Soiled rivers and seas, and huge dividends for shareholders: this is how water companies massage their figures So that's how they do it. I'd been wondering how, when more sewage has been entering our rivers than ever before, some of the water companies have managed to improve the ratio of the sewage they treat v the sewage that pours untreated from their storm overflows into our rivers and the sea. Now we know.It's called "flow trimming". Sounds innocuous, doesn't it? What it means is that sewage is diverted into rivers and ditches upstream of the water treatment works.