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Private equity firms are on the hunt for a red-hot skill set: wealth managers who can convince the richest 1% to invest in PE funds.
As the flow of capital from pension funds and endowments has slowed, buyout firms are adding to their ranks of rich individual investors to boost assets under management for potential use in buyouts or other investments. That means hiring money managers who have experience with those types of investors.
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The Information
In this article, we discuss how the key to brand success lies in not ‘chasing trends,’ but embracing an agile, data-driven approach that prioritises real-time insights and responsiveness. Connecting with consumers in a meaningful way Today’s brands, in and outside of Southeast Asia, face a constant challenge: Cutting through the noise and connecting with consumers... Read more » Read more ›
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Open world pocket monster survival game Palworld will gain a major new update in December, that adds its largest new landmass yet. Read more Read more ›
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Apple today shared its annual holiday season ad. The video is titled "Heartstrings" and highlights the new hearing aid feature on AirPods Pro 2. "For so many of us, sound and how we hear shape how we connect to the world around us," said Apple, in the video description. "Yet, people with hearing loss wait an average of 10 years before getting their hearing tested and fitted for hearing aids.... Read more ›
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Tote your photo and video gear around in style. We tested more than 80 packs and rounded up our favorites. Read more ›
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I bought Forspoken on PS5 for £5. I didn't want to play Forspoken at all, but I had £5. Forspoken on PS5 has sat on my desk (complete with character cards) sealed since November 17, 2023. Yes, this was a waste of £5. I'm an idiot who does stuff like this (glances over at a shelf full of Mega Drive games I can't play as I don't own a Mega... Read more ›
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Tencent development studio Polaris Quest has announced Light of Motiram, an open-world survival crafting game with mechanised animal-like creatures which - no matter which way you shake it and squint - looks remarkably similar to Guerrilla's Horizon series, but with some additional Palworld elements thrown in for good measure. Read more Read more ›
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US car prices would rise by over $2,000 if President-elect Donald Trump pushed ahead with tariffs on Canada and Mexico, Wells Fargo said in a note. Read more ›
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Fodor's travel guide's 2025 "No List" includes 15 places struggling with tourism, including Venice, Barcelona, and Koh Samui, Thailand. Read more ›
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Catch rare savings on Nintendo Switch hardware as well as major discounts on titles like Super Mario, Pokemon, Zelda and many more. Read more ›
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Typing on the new, revised Clicks Keyboard case for the iPhone 16 has changed my mind about using a physical keyboard with my touchscreen phone. Read more ›
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A Nvidia sales lead said in an email to colleagues that Musk's demand for chips was straining the company's supply chain, per The Wall Street Journal. Read more ›
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The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory in Georgia. Read more ›
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Black Friday is usually the best sale of the year on cameras and accessories and this year there are some particularly great deals this time around. Most of the major manufacturers including Sony, Canon, DJI, Nikon and GoPro are offering substantial discounts across a wide range of products, whether you're looking to spend a couple hundred dollars or several grand. Those include multiple options from our guide to the best... Read more ›
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The crew showed a container of food which they said had smoked turkey, Brussels sprouts, and butternut squash. Read more ›
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Neom is a long-term project, rather than one expected to be "making money in five years," said Saudi Arabia's finance minister. Read more ›
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"And now I look across the table, and I just think, 'When am I going to have to change this guy's diaper?'" Teri Hatcher said. Read more ›
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Zuckerberg enlisted "Pimp My Ride"-famous West Coast Customs owner Ryan Friedlinghaus for Priscilla Chan's custom Porsche Cayenne minivan. Read more ›
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The Information
Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
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Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
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OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
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There’s a lot of excitement around artificial intelligence disrupting search. Consumers and businesses increasingly use AI tools in lieu of traditional search engines such as Google. OpenAI has added search features to ChatGPT, Meta Platforms is crawling and indexing the web for its Meta AI chatbot and the AI search startup Perplexity is nearing a $9 billion valuation. A host of other AI companies provide information about current events in... Read more ›
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If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
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OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
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Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
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Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
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Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›
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Most popular sources
Tech Wire Asia
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28% 22 |
Business Insider
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21% 3 |
CNET
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8% 5 |
Eurogamer.net
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5% 0 |
Gizmodo
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5% 2 |
| View sources » | |
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28.11.2024 09:56
Last update: 09:50 EDT.
News rating updated: 16:52.
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