Wednesday, October 21, 2020

McAfee raises $740M in its IPO at $20 per share in its return to the public market, valuing the company at $8.6B (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
McAfee raises $740M in its IPO at $20 per share in its return to the public market, valuing the company at $8.6B  —  McAfee Corp. and its shareholders priced an initial public offering within a targeted range in the company's return to the stock market, according to people with knowledge of the matter.



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US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (Francesca Maglione/Bloomberg)

Francesca Maglione / Bloomberg : US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech say...