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...We deploy in much more controlled scenarios — specifically, with enterprises where we know exactly what they’re using it for. It’s very high trust, very high visibility into what they’re using it for....
...“I’ve been in the Valley for 20 years and I’m increasingly disappointed with the way we behave,” said one senior banker who handles deals for venture firms....
...“Taking the long-term view, we will be able to service information needs in a deeper way, and I am pretty excited about what’s ahead.”...
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Versions of Gemini will be made available to some developers and enterprise customers throughout December, with access rolled out more broadly next year....
...She’s also vice-chairman of her family’s multibillion-dollar Chow Tai Fook Jewellery Group – one of the largest jewellery companies in the world, by market cap – whose parent, Chow Tai Fook Enterprises,...
...Origin’s board has recommended acceptance, with the deal giving the company an enterprise value of A$19.4bn, which includes $2.9bn of net debt....
...Apollo pays its ‘next generation’ of leaders “Show me the incentive, and I will show you the outcome,” is a memorable line coined by Charlie Munger, the 99-year-old vice-chair of Berkshire Hathaway....
...“I think we will get bigger in this kind of environment. I think those firms that have gotten a lot bigger in credit and mezzanine credit could live to regret that.”...
...During Google’s big I/O showcase event for developers — a protracted, glistening flex of the company’s new AI muscles — one of the keynote speakers dwelt on the risks posed by “bad actors”....
...Many concertgoers now say they are willing to dash expensively to another city to see a favourite act....
...Microsoft’s enterprise software revenue and Amazon’s US retail sales both grew 11 per cent in the first quarter. The business of moving electrons around on silicon wafers is prospering....
...Jessica Berman, the NWSL commissioner, said “when you look at overall sports, I think the way people think about value creation is about enterprise value . . . the kinds of investors that we’re looking for...
...CAW players are also infamous for placing their bets at the last possible second, just before the horses dash out of the gate, to learn as much information as they can about the opinions of the general public...
...But I am not advocating for atomising banking relationships,” he said....
...“I take full responsibility for the decisions that led us here,” he added....
...“It looked like an enterprise software deal in terms of all the metrics,” Bravo said....
...I think some EU SMEs [small and medium-sized enterprises] will be shut out, others will have to move away from ‘just in time’ groupage models (so more lorries, moving fewer goods).”...
...In today’s newsletter: Cerberus turns $2bn into $14bn profit Sovereigns lend buyout firms a hand Musk: Oops I did it again . . ....
...“When an executive in charge of the company’s financing and cash flow says no, that’s the end of the story, so I know the weight of my words when I say no,” he told the FT’s Kana Inagaki....
...“I know lots of successful people from colleges as well as folks who never set foot in a classroom,” Dociu says....
...“I fucked up big,” he said, “and people got hurt.”...
...“I thought it was one of the greatest financial institutions I had ever seen,” he said....
...“More than 25 years ago, I had started to work with the idea that these sports leagues and enterprises, while typically viewed as trophy assets, actually had enormous commercial value, especially given what...
...“That can be an asset when things are going crazy, as I don’t think he feels stress the same way as everyone else....
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