Private equity is about to get a whole lot smaller
Private equity leaders warn the industry faces massive consolidation, with 80% of firms potentially becoming zombies. Only the largest, most disciplined players will survive the coming shakeout.
Private equity leaders warn the industry faces massive consolidation, with 80% of firms potentially becoming zombies. Only the largest, most disciplined players will survive the coming shakeout.
People Inc has inked its second major AI licensing deal, this time with Microsoft, as the publisher reveals Google’s AI Overviews have devastated its search traffic. The company is using aggressive crawler blocking to force AI companies to negotiate content deals rather than scraping for free.
The Department of Energy is consolidating its six specialized science advisory committees into a single panel. Researchers fear this move will reduce their influence and could politicize scientific guidance. The change affects the nation’s largest funder of physical sciences with an $8.24 billion bu
For the first time, scientists have demonstrated true one-dimensional electronic behavior in phosphorus atom chains. The discovery opens up entirely new possibilities for ultra-compact electronic devices and quantum materials research.
The tension between big banks and private credit giants is escalating. UBS’s chair warns of “systemic risk” from rating agency arbitrage, while Apollo’s CEO says the real issue lies elsewhere entirely.
Apple is reportedly developing its first budget Mac laptop for early 2026. The device would target Chromebook and cheap Windows PC users with a lower-cost design. But hitting the right price while maintaining Apple’s premium feel presents serious challenges.
Xbox Game Pass is getting a major November lineup including Call of Duty: Black Ops 7 on its November 14 release date. The service adds ten other titles throughout the month, but requires the recently price-hiked $30/month Ultimate tier for day-one access. Games start arriving November 5 with Dead S
Shopify’s aggressive AI push is delivering massive results, with traffic from AI tools to its stores increasing sevenfold since January. The company reported AI-powered purchases have jumped 11 times as it partners with OpenAI, Perplexity, and Microsoft Copilot. Despite strong Q3 revenue growth, the
OpenAI has launched its Sora video generation app on Android devices after a successful iOS debut. The app hit 1 million downloads in less than five days and topped Apple’s App Store charts for weeks. It’s now available in several countries with European expansion planned.
The RQI Australian Value Fund is beating its benchmark by using ESG credentials to identify more efficient and profitable companies. Senior portfolio manager Joanna Nash says factors like corporate culture and climate impact serve as key indicators in their quantitative strategy.