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Artificial intelligence
European AI start-ups race to improve chatbots’ language skills
...The Finnish company joins other groups working to improve the technology behind chatbots, which give realistic answers to written prompts, with languages such as German, Hebrew and Arabic....
April 5, 2023
Workplace diversity & equality
Deloitte tops Big Four for racial diversity of US workforce
...Big Four have touted progress towards diversity goals as they engage in a war for new recruits, but their latest reports continue to show significant underrepresentation of women and people from minority groups...
October 17, 2022
FT Live
Future of Business Education: Spotlight on Executive MBA
Enhancing your leadership skills
Wednesday, 16 OctoberDigital Conference
Byju's
Edtech group Byju’s faces shrinking empire with creditors at the gates
...Those spoils could include Byju’s subsidiary Great Learning, which offers online higher education courses....
October 29, 2023
VinFast LLC
How a Vietnamese tycoon built a carmaker worth more than General Motors
...He later expanded into entertainment, retail, healthcare, education and technology, businesses with names including Vinhomes, Vinschool, VinAI and VinBrain....
August 31, 2023
Byju's
Byju’s cuts further 1,000 jobs amid financial and legal woes
...The online learning group, which says it has 150mn students, made fresh staff cuts in recent days, two people close to the company said....
June 20, 2023
IPOs
US stock exchanges seek new listings as Chinese companies retreat
...Bangalore-based online education start-up Byju’s is also in talks to combine with a US-listed Spac....
December 22, 2021
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Banks in turmoil
Start-ups learn the hard way how to manage cash after SVB’s collapse
...A week after Silicon Valley Bank collapsed, a group of venture capital firms wrote to the shell-shocked start-ups they had put their money into....
March 19, 2023
General Atlantic LLC
Kahoot shares surge after General Atlantic buys 15% stake
...Kahoot shares surged on Friday after private equity group General Atlantic agreed to buy a 15 per cent stake in the online education provider....
September 16, 2022
Due Diligence
Carl Icahn goes from activist to Hindenburg target Premium content
...In today’s newsletter Hindenburg goes after Icahn Private equity, spyware and the US establishment Education groups learn a lesson in AI Hindenburg or Carl Icahn: choose your fighter For fans of investor...
May 3, 2023
LexSoftBank Group Corp
Kahoot: faltering edtech investment sends SoftBank to back of the class Premium content
...Son has kept his vow to cut the losses of his Japanese tech investment group....
September 25, 2022
The Top LineHarriet Agnew
The lessons to learn from Julian Robertson and Tiger Management
...On one occasion in the 1990s, he listened to the boss of a French conglomerate outline his transformation strategy for the group....
September 2, 2022
Google LLC
Google agrees $118mn settlement over claim it underpaid women
...Google has also agreed to have a third-party expert analyse the group’s hiring practices and for a labour economist to review its pay equity studies....
June 12, 2022
Leon Black
The downfall of Wall Street billionaire Leon Black
...Her son was completing his education at a $40,000-a-year high school....
November 22, 2023
Pearson PLC
Apollo drops plans to buy Pearson after £7bn bid rejected
...Apollo has dropped plans to buy the UK education publisher Pearson after the private equity group’s £7bn takeover offer was rejected....
March 30, 2022
Pearson PLC
Pearson rejected £7bn takeover bid from Apollo
...UK education publisher Pearson has rejected a £7bn takeover bid from private equity group Apollo, sending shares in the FTSE 100 group soaring....
March 11, 2022
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Due Diligence
The mystery of Sutton Place Premium content
...Berg is leading the deal to take private the London-based education group, which sold the FT to Japan’s Nikkei in 2015, alongside a team of Apollo dealmakers, DD hears....
March 15, 2022
Due Diligence
Meet Blackstone, your new roommate Premium content
...About 2.1mn students embarked on a US university education last autumn, down 22 per cent since 2015. On the other hand, did we mention Princeton?...
April 20, 2022
Cat Rutter Pooley
Pearson would have been a textbook take-private deal
...Pearson has done a couple of deals, buying workforce analytics company Faethm and digital credentials group Credly....
March 30, 2022
Electric vehicles
Vietnam’s VinFast plans push into US car market with electric SUVs
...The group is controlled by the country’s richest man, Pham Nhat Vuong, who got his start in business in 1993 with a pot noodle business in Ukraine....
November 17, 2021
News in-depthChinese business & finance
Star China investor Boyu seeks to navigate Xi’s tech crackdown
...Boyu was also hit by a government crackdown on private education companies in July — the firm was an early investor in online tutorial provider Yuanfudao....
January 4, 2022
News in-depthThoma Bravo LLC
Buyout firm Thoma Bravo goes from niche to big league
...In the case of Instructure, an education tech company, the strategy eliminated jobs and curtailed sales incentives....
December 7, 2021
News in-depthEducation
Companies head to the classroom as demand for virtual education grows in pandemic
...Some groups are addressing concerns by offering a hybrid option....
May 17, 2021
ARK Investment Management LLC
Cathie Wood’s Ark cuts China positions ‘dramatically’
...The education directives banned for-profit companies from teaching school subjects, effectively wiping out the country’s multibillion-dollar listed tutoring sector overnight....
September 9, 2021
Chinese equities
Chinese tech shares rebound after JD.com earnings defy crackdown
...Tuesday marked the second day of strong buying for Chinese tech stocks, which have shed billions of dollars in value in recent weeks after Beijing clamped down on parts of the market ranging from education...
August 24, 2021
#techFT
Data centres are the new offices
...The US-based buyout group, which specialises in software deals, will acquire the firm at a hefty valuation of 37 times the $100m that Calypso generated in profits last year. 5....
March 19, 2021

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