229 place 0
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
"I think the license should be taken away from ABC," Trump told an ABC reporter. "Because your news is so fake, and it's so wrong." Read more āŗ
4,406 fresh
Cloudflare has confirmed that a bug in one of its core services caused a major outage on Tuesday, taking large portions of the internet offline. Read more āŗ
4,084 fresh
Writer and executive producer Henry Gilroy says that Sabine's 'Ahsoka' arc was something consideredāand dismissedāduring 'Rebels'. Read more āŗ
3,872 fresh
The Department of Education announced plans to move a portion of its work to other agencies. Shutting down the department still requires Congress. Read more āŗ
1,385 fresh
If you're experiencing internet issues this morning, you're far from alone. Infrastructure company Cloudflare has been hit with what it calls "widespread 500 errors, [with] Dashboard and API also failing." The company said that services are starting recover, but customers may continue to see "higher-than-normal errors rates" is it continues to work on the problem.Ā Cloudflare is a key internet hub, as it provides network and security products for internet... Read more āŗ
1,277 fresh
Android phone owners are finding their handsets are less desirable to thieves. Read more āŗ
868 fresh
Elon Musk claims Tesla may need 100 ā 200 billion AI chips per year, a volume far beyond what TSMC and Samsung can supply, which is why he is considering building Tesla's own fab, as he believes existing foundries cannot scale fast enough for him. Read more āŗ
826 fresh
Cloudflare, a networking company that provides DDoS protection and delivery services for many companies around the globe, is experiencing a major outage thatās taking down sites across the web. Users are running into an error message when they try to access X, ChatGPT, and even the outage-tracking website DownDetector has an error message saying āPlease [ā¦] Read more āŗ
662 fresh
An anonymous reader shares a report: The IRS accessed a database of hundreds of millions of travel records, which show when and where a specific person flew and the credit card they used, without obtaining a warrant, according to a letter signed by a bipartisan group of lawmakers and shared with 404 Media. The country's major airlines, including Delta, United Airlines, American Airlines, and Southwest, funnel customer records to a... Read more āŗ
601 fresh
For months, the Social Security Administration was quietly sharing sensitive data about immigrants with DHS. Now itās official. Read more āŗ
591
Cloudflare confirmed that an "internal service degradation" was causing issues for users across the internet. Read more āŗ
588 fresh
A federal judge ruled that the FTC failed to prove Meta formed a monopoly through its acquisitions of WhatsApp and Instagram. Read more āŗ
553 fresh
Google shipped out a new Pixel Feature Drop last week that included at least 8 new features or improvements to your Pixel phone, foldable, or tablet. There are new features in Google Photos, Messages, within Magic Cue, and to notifications (summaries!). One of the more noteworthy of the bunch is in this new Pixel Themes ā¦ Continued Read the original post: Pixel Themes is a Great Idea That Kicked Off... Read more āŗ
547 fresh
Phelan said it's hard to entice workers for hard jobs like welding when the pay is comparable to a job at a Buc-ees truck stop or a job at Amazon. Read more āŗ
529 fresh
The Information
Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubinās startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more āŗ
69
At Teslaās annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Muskās other companies, xAI. But Muskās revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more āŗ
49
Appleās succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely wonāt happen until after late January when ... Read more āŗ
39
Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharpĀ slump atĀ most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disneyās entertainment ... Read more āŗ
31
OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Timesā copyright infringement lawsuit against the ChatGPT creator, the Times has asked for access to 20 million conversations between users and ChatGPT, a request OpenAI said Wednesday was ā ... Read more āŗ
30
Welcome, Weekenders! In this newsletter:ā¢ The Big Read: Inside Grindrās boardroom feudĀ ā¢ Plus, our Recommendations: āHarry Potter and the Sorcererās Stone,ā āA Biography of a Mountainā and āMaterialistsāA bit of housekeeping: The Informationās Weekend section is looking for a reporter for a beat weāre calling ātech wealth and culture.ā This person will cover how Silicon Valleyās moguls live largeātheir pursuits, their pastimesāand how they spend their money. Hereās a... Read more āŗ
27
TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more āŗ
23
Investors are rushing to back a new generation of research-focused AI startups. In just over a month, theyāve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startupsā founders say they hope to exploit new approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked. Read more āŗ
12
Anthropic plans to invest $50 billion building its own data centers, the first time it has done so, in Texas and New York, the AI startup announced in a blog post on Wednesday. Anthropic said it would partner with London-based cloud startup Fluidstack on the data centers. Anthropic said that the ... Read more āŗ
12
Blockchain.com, a crypto brokerage and wallet provider, is planning to go public next year, the companyās newly named co-chief executive revealed, aiming to list after several volatile years. The company said it promoted its president Lane Kasselman to be co-CEO, alongside its founder and CEO Peter Smith, as part of its listing efforts. Kasselman isĀ a former Uber executive who has worked for the crypto firm for five years. The... Read more āŗ
9
Most popular sources
Tom's Hardware
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20% 14 |
Business Insider
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19% 4 |
TechRadar
|
13% 11 |
Android Authority
|
7% 9 |
Engadget
|
6% 1 |
| View sources » | |
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18.11.2025 15:33
Last update: 15:25 EDT.
News rating updated: 22:20.
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