Tuesday, January 30, 2024

Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards (Yasemin Craggs Mersinoglu/Financial Times)

Yasemin Craggs Mersinoglu / Financial Times:
Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards  —  Sector has been coming under increasing pressure to demonstrate profitability as cost of capital has risen



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Bill Gates warns about the catastrophic risk posed by "people with ill intent using the latest AI tools", which are powerful enough to "cause a billion deaths" (Herb Scribner/Axios)

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