Tuesday, April 5, 2022

Tiger Global's hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China's crackdown (Hema Parmar/Bloomberg)

Hema Parmar / Bloomberg:
Tiger Global's hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China's crackdown  —  In his 20s, he was a hedge-fund wunderkind.  By his 40s, a hedge-fund legend.  But suddenly, Chase Coleman is stumbling, and hard.



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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...