Hints and tips:
...He has recently secured $270mn of new funding from backers including Nvidia, Oracle and Salesforce Ventures, which values Cohere at around $2bn....
...They describe a new love affair between US venture funds and Middle Eastern cash....
...One VC executive said firms were preoccupied with ensuring liquidity of their portfolio companies and that SVB clients at some point may already have established new banking relationships elsewhere....
...Meta has also terminated leases on two of its three offices in Manhattan, New York. “The past few years have brought new possibilities around the role of the office,” Meta said....
...[The long deadline] was to give people time to digest the Scott news,” they said....
...Additional reporting from Tabby Kinder, Richard Waters, Tim Bradshaw and George Hammond. This article has been amended to clarify Mustafa Suleyman’s role at Google....
...Shleifer decided to step back from running the private equity unit when faced with the decision to move back to New York or stay in Florida, it said....
...Additional reporting by Stephen Morris and George Hammond in San Francisco...
Anthropic, Google, Microsoft and OpenAI team up to establish best practices but critics argue they want to avoid regulation
...New York-based Tiger, which has $60bn of assets, started raising money for its 16th private equity fund in October with the intention of making new investments in companies it believes are undervalued....
...Leon Black, the New York billionaire who quit his investment group Apollo Global Management this year, has agreed to buy a £21m home in the lavish London neighbourhood of Belgravia....
...It was not unusual for people who had been successful growing new things to ignore traditional risks, he added: “Risk to them is something that’s separate from what they do in their business.”...
...Tiger halted new investment in Chinese stocks late last year, but signalled it was taking a more positive stance since the start of this year....
...Financial regulator BaFin has this year accused Adler of inflating the value of its balance sheet and the company is yet to appoint a new auditor after KPMG resigned its role earlier this year, having refused...
...As DD’s Tabby Kinder and George Hammond report, Saudi Arabia, and the Middle East more broadly, have emerged as a shimmering oasis for tech investment....
...Lord Philip Hammond, who was chancellor during Theresa May’s government, is a partner at the firm....
...The US investor agreed to take New York-listed housebuilder The New Home Company private in a $338m deal earlier this year and is investing in UK mortgage lender Foundation Home Loans....
...The Silicon Valley giant is making the move even though it is also building a huge new headquarters in nearby King’s Cross because it believes in the office “as a place for in-person collaboration and connection...
...George Hammond, the FT’s property correspondent, tried to find an answer by pulling at a thread that runs from the 16th-century house, through an office in Nicosia, Cyprus, and has tangential links to a...
...Additional reporting by Kaye Wiggins and George Hammond...
...George Hammond reports cloud providers often use data centres in much the same way that co-working companies such as WeWork use offices: leasing whole buildings from owners and then subleasing portions of...
...Their recommendations were prompted by the estate agent and the casual dining chain bypassing so-called pre-emption rights that give existing shareholders first refusal on any new equity fundraising....
...(New York Times) The viral app keeping people sane With most of the world in lockdown, seeing friends and family is not an option....
...Check out the full story from the FT’s George Hammond and Mercedes Ruehl. Wake-up call Give Casper Sleep credit: the one-time unicorn did not pull its IPO like WeWork....
...George Hammond Buying guide During the third quarter of this year the average Manhattan home took 137 days to sell....
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