Wednesday, January 17, 2024

Lexington, Brookfield and Sequoia Heritage's Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales (Financial Times)

Financial Times:
Lexington, Brookfield and Sequoia Heritage's Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales  —  Buyers return after secondary market for private shares was hit by higher interest rates  —  Investment firms are raising billions …



Filing: Kazakhstan-based mobile app provider Kaspi.kz's CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz's Super App had 13.5M MAUs in 2023 (Bloomberg)

Bloomberg:
Filing: Kazakhstan-based mobile app provider Kaspi.kz's CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz's Super App had 13.5M MAUs in 2023  —  At current prices, the shares would be valued at $873 million, according to the company's filing Tuesday with the US Securities and Exchange Commission.



Omdia: the healthcare sector suffered more cyberattacks than any other sector between January and September 2023, with 241 publicly disclosed attacks (Nick Huber/Financial Times)

Nick Huber / Financial Times:
Omdia: the healthcare sector suffered more cyberattacks than any other sector between January and September 2023, with 241 publicly disclosed attacks  —  The vast amount of information held by health services makes them a prime target for cyber criminals  —  An increase in cyber attacks …



Tuesday, January 16, 2024

Coinbase offering custody, trading, and financing to a majority of bitcoin ETF issuers, including BlackRock, poses concentration risk and may intensify scrutiny (Bloomberg)

Bloomberg:
Coinbase offering custody, trading, and financing to a majority of bitcoin ETF issuers, including BlackRock, poses concentration risk and may intensify scrutiny  —  - Coinbase provides custody, trading, financing for ETF issuers  — Arrangements pose concentration risk, may intensify scrutiny



A PwC survey of 4,702 CEOs ahead of Davos: 25% expect generative AI to lead to up to 5% headcount cuts, 46% expect GenAI to boost profits in 12 months, and more (Sam Fleming/Financial Times)

Sam Fleming / Financial Times:
A PwC survey of 4,702 CEOs ahead of Davos: 25% expect generative AI to lead to up to 5% headcount cuts, 46% expect GenAI to boost profits in 12 months, and more  —  Impact of cutting-edge AI tools on work and society set to dominate discussions at World Economic Forum in Davos



Vodafone and Microsoft agree to a 10-year, $1.5B deal to develop AI, digital payments, IoT, and other businesses; Vodafone will use OpenAI for customer service (Thomas Seal/Bloomberg)

Thomas Seal / Bloomberg:
Vodafone and Microsoft agree to a 10-year, $1.5B deal to develop AI, digital payments, IoT, and other businesses; Vodafone will use OpenAI for customer service  —  - Microsoft also plans to invest in Vodafone's IoT spinout  — Vodafone will also use OpenAI technology in $1.5 billion deal



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...