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



Raspberry Pi CEO Eben Upton says the company is in the early stages of planning a London IPO, appointing two banks, after considering a listing in early 2022 (Swetha Gopinath/Bloomberg)

Swetha Gopinath / Bloomberg:
Raspberry Pi CEO Eben Upton says the company is in the early stages of planning a London IPO, appointing two banks, after considering a listing in early 2022  —  - Peel Hunt, Jefferies are working on possible listing  — Raspberry Pi previously attempted a London listing in 2022



The AI boom has spurred law firms, hospitals, insurance companies, government agencies, and others to create chief AI officer roles to navigate the use of AI (Yiwen Lu/New York Times)

Yiwen Lu / New York Times:
The AI boom has spurred law firms, hospitals, insurance companies, government agencies, and others to create chief AI officer roles to navigate the use of AI  —  Many feared that artificial intelligence would kill jobs.  But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology.



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 ...