Friday, March 3, 2023

Family office of Nintendo heirs says patience is a super power

The investment firm managing nearly $1.5 billion of assets for members of Nintendo's founding family is willing to play a long game when it comes to portfolio companies and can wait more than a decade to see a turnaround, a top executive said. That timeline helps explain why Yamauchi-No.10 Family Office shows no sign of relenting nearly a year into its quest to take marine construction firm Toyo Construction Co private, a takeover battle that could see a critical turn at an annual shareholder meeting in June. https://ift.tt/YthP2xS

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India faces a shortage of agentic AI professionals, with executives estimating fewer than 100,000 available against a projected need of 200,000 by 2026 (Prachi Verma/The Economic Times)

Prachi Verma / The Economic Times : India faces a shortage of agentic AI professionals, with executives estimating fewer than 100,000 ava...