Employees and early investors in French health-care startup Doctolib have sold shares in the company worth about €300 million ($345 million), the company said. The secondary share sale values Doctolib at €3.6 billion, according to a person familiar with the matter, a steep discount compared to its last disclosed valuation of €5.8 billion in 2022 following an equity raise. The valuation drop is lik...
Employees and early investors in French health-care startup Doctolib have sold shares in the company worth about €300 million ($345 million), the company said. The secondary share sale values Doctolib at €3.6 billion, according to a person familiar with the matter, a steep discount compared to its last disclosed valuation of €5.8 billion in 2022 following an equity raise. The valuation drop is likely due to a mix of factors. Such tender offers are an increasingly popular tactic for well-established startups to reward long-time workers who hold stock, and to return money to investors looking for liquidity. Shares in such secondary transactions are sometimes sold at a discount. Doctolib’s earlier, higher valuation may also have been helped by investor enthusiasm for such health care ventures during and after the Covid-19 pandemic, when the startup helped roll out vaccines in France. This was a “small secondary round,” a representative for Doctolib said in a statement, with the goal of providing cash to its angel investors and long-term employees. The valuation drop reflects “broader tech market normalization,” the spokesperson said. The tech heavy Nasdaq index has dropped more than 7% this year. The share sale brings in new investors including family office ATHOS KG , health-care investor GenIM, and Denmark’s A.P Moller Foundation, among others. Doctolib, founded in 2013, handles administrative work for doctors and medical workers and has become a staple for French patients to book appointments. The service is free for patients and doctors pay a monthly subscription fee starting at €139 to use the core products. The full suite of products and services can cost up to €500 per month. The company flourished during Covid-19 when telemedicine became the norm. The company has raised $841.51 million to date and counts General Atlantic , Eurazeo , Accel and Bpifrance as some of its investors. The company said it reached €422 million of annual recurring revenue last year, a me...
jetcityimage/iStock Editorial via Getty Images Jefferies banged the table on Thursday that Ollie's Bargain Outlet Holdings ( OLLI ) is an attractive stock. The firm moved to a Buy rating on Ollie's ( OLLI ) after having it set at Hold. Analyst Randal Konik noted that investors are not appreciating that Ollie's ( OLLI ) scale advantages are real and showing up in results. He also noted that closeou...
jetcityimage/iStock Editorial via Getty Images Jefferies banged the table on Thursday that Ollie's Bargain Outlet Holdings ( OLLI ) is an attractive stock. The firm moved to a Buy rating on Ollie's ( OLLI ) after having it set at Hold. Analyst Randal Konik noted that investors are not appreciating that Ollie's ( OLLI ) scale advantages are real and showing up in results. He also noted that closeout supply is structurally supported, which is a positive for retailer. Konik and his team think one of the biggest reasons to buy Ollie's ( OLLI ) is that there is no real competitor of national scale. "OLLI is now the only closeout retailer with true national reach and distribution. With ~645 stores versus ~159 for the next closest competitor and twice as many DCs, OLLI dominates mixed and clearance inventory that others cannot efficiently absorb. Vendors increasingly prioritize certainty of execution, pushing more volume toward OLLI and away from smaller regional players," updated Konik In terms of valuation, despite improved fundamentals, OLLI was noted to be trading near the low end of its historical range and at a ~6X to 7X P/E discount to Five Below ( FIVE ) vs. ~1X historically. Jefferies has a price target of $130 on OLLI to represent more than 40% upside potential. Shares of Ollie's ( OLLI ) moved 1.8% higher in Thursday morning trading to $92.95. The 52-week high for the stock is $141.74. Short interest stands at 7.0% of the total float. More on Ollie's Bargain Outlet Ollie's Bargain Outlet Holdings, Inc. (OLLI) Q4 2025 Earnings Call Transcript Ollie's Bargain Outlet Holdings: A Great Business At A Lofty Price Ollie's Bargain Outlet: Solid 2026 Outlook, Attractive Valuation Ollie's Bargain Outlet poised for double-digit earnings growth—Wells Fargo Ollie's Bargain Outlet misses top-line and bottom-line estimates; introduces FY26 outlook
Whether it’s a tiered tulle skirt or a hardworking Henley tee, our fashion expert’s Easter basket is brimming with joy • The best women’s spring wardrobe updates for under £100 I am a big fan of Easter, which is an underrated holiday in my opinion: lots of joy and food, but better weather than Christmas (or at least more daylight) and less stress. So my April shopping list starts, naturally, with ...
Whether it’s a tiered tulle skirt or a hardworking Henley tee, our fashion expert’s Easter basket is brimming with joy • The best women’s spring wardrobe updates for under £100 I am a big fan of Easter, which is an underrated holiday in my opinion: lots of joy and food, but better weather than Christmas (or at least more daylight) and less stress. So my April shopping list starts, naturally, with a chocolate egg. More goodies include not one but two stormingly gorgeous new-season high-street skirts. Also, an umbrella to keep you smiling through the inevitable spring rain – and the shades you’ll want when the sun comes out. Because that’s April for you! Continue reading...
If I can trust my boyfriend with my dog, the most important thing in my life, then I guess I can trust him again with my bruised and idiotic heart Recently I got down on one knee and presented my boyfriend with some jewellery, and asked if he would commit to caring for a very long, cute, stinky boy. While this is an apt description of me, I was not asking him to marry me and I was not presenting a...
If I can trust my boyfriend with my dog, the most important thing in my life, then I guess I can trust him again with my bruised and idiotic heart Recently I got down on one knee and presented my boyfriend with some jewellery, and asked if he would commit to caring for a very long, cute, stinky boy. While this is an apt description of me, I was not asking him to marry me and I was not presenting a ring – I was asking him an even more important question: would he consent to having his phone number engraved next to mine on my long stinky dog’s collar, complete with a cute little heart tag featuring our digits? Continue reading...
The author’s father-in-law died just nine days after his cancer diagnosis, inspiring this moving and sharply observed account of his last days Novelist Sarah Perry’s memoir of her late father-in-law, David, chronicles the period from his first signs of illness, when he began to have trouble swallowing, to his diagnosis of oesophageal cancer, to his death at the age of 77 just nine days later. We f...
The author’s father-in-law died just nine days after his cancer diagnosis, inspiring this moving and sharply observed account of his last days Novelist Sarah Perry’s memoir of her late father-in-law, David, chronicles the period from his first signs of illness, when he began to have trouble swallowing, to his diagnosis of oesophageal cancer, to his death at the age of 77 just nine days later. We first meet David, a retired chemist from Norwich, on a day trip with Perry and her husband in the summer of 2022. The three of them have gone to Great Yarmouth where, seemingly in good health, David gleefully eats four hot doughnuts. She reveals him as an unassuming man who lives in a bungalow, drinks Yorkshire Tea, delights in telling bad jokes, and likes doing sudoku and watching Antiques Roadshow on TV. But right at the start, Perry notes that David’s death was only weeks away. Though his illness was mercifully short, the speed at which it progressed caught his family unawares, leaving precious little time to prepare. Continue reading...
It sounds like you are so concerned about losing him, you are considering losing yourself, writes advice columnist Eleanor Gordon-Smith. This bit is the mistake Read more Leading questions I just discovered by chance, and to my complete surprise, after more than 20 years of what I thought was a happy and faithful marriage, that my husband has had a year-long and passionate affair with an accomplis...
It sounds like you are so concerned about losing him, you are considering losing yourself, writes advice columnist Eleanor Gordon-Smith. This bit is the mistake Read more Leading questions I just discovered by chance, and to my complete surprise, after more than 20 years of what I thought was a happy and faithful marriage, that my husband has had a year-long and passionate affair with an accomplished, charming, brilliant career woman whom I also regarded as a friend. I am accomplished too, but not nearly at her level, and I am also a bit older and I have less panache than her. I don’t think I can compete with her, and in any case I feel too proud to try. Here is the thing: he says he doesn’t want to give her up, though he also says he does not want to marry her (she is in any case married though, it seems, in an open marriage). He also says he loves me and wants to remain married to me. I think if I demand he gives her up, he will end up unable to love me. I also think I will barely, or possibly not at all, be able to bear the pain of him continuing to see her. I am so unsure what to do or indeed what I can bear doing. I so don’t want to lose him. I have been deeply in love with him ever since we first met. Do I give him the world in return for half his heart? Continue reading...
Of course the vice-president is obsessed with extraterrestrials – look how bad things have gotten on Earth I can’t fault anyone for looking around at the state of things on the planet Earth and pondering the existence of aliens. Who wouldn’t want to hop on the Starship Get-Me-The-Hell-Out-Of-Here right now? It costs me a vital organ to fill up my gas tank, everyone I know is unemployed and the cas...
Of course the vice-president is obsessed with extraterrestrials – look how bad things have gotten on Earth I can’t fault anyone for looking around at the state of things on the planet Earth and pondering the existence of aliens. Who wouldn’t want to hop on the Starship Get-Me-The-Hell-Out-Of-Here right now? It costs me a vital organ to fill up my gas tank, everyone I know is unemployed and the cast of Bravo’s Summer House is crumbling before our eyes. Unfortunately, for alien observer JD Vance, he’s partially responsible for two of the three. Pretty sure the vice-president isn’t hooking up with Amanda Batula , so he’s off the hook for that one. On a recent appearance on The Benny Show, a conservative podcast you’ve never heard of, Vance outlined his “obsession” with UFOs . He might not be fully read into the current state of extraterrestrial discourse, but he does have a theory. Vance said: “I don’t think they’re aliens, I think they’re demons anyway, but that’s a longer discussion.” Dave Schilling is a Los Angeles-based writer and humorist Continue reading...
Azim Premji, Founder Chairman of Wipro, speaks during the inauguration of the Wipro Hydraulic Plant in Jaipur, Rajasthan, India, on Aug. 22, 2024. Vishal Bhatnagar | Nurphoto | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your in...
Azim Premji, Founder Chairman of Wipro, speaks during the inauguration of the Wipro Hydraulic Plant in Jaipur, Rajasthan, India, on Aug. 22, 2024. Vishal Bhatnagar | Nurphoto | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Investment firms of ultra-wealthy families dialed back their deal-making in March as the Iran conflict rattled the market. Family offices made 39 direct investments in companies last month, a 25% drop from February when adjusted for month length, according to data provided exclusively to CNBC by Fintrx, a private wealth intelligence platform. That said, the family offices that are still inking deals are making bold bets. A quarter of last month's investments were part of mega-rounds, or fundraises in excess of $100 million, according to Fintrx. In March, Jeff Bezos ' namesake family office co-led a $1.03 billion seed round for Advanced Machine Intelligence . Also known as AMI Labs, the new startup is training artificial intelligence models on real-world sensory data, rather than text. Other boldface-name billionaires such as ex-Google CEO Eric Schmidt and serial entrepreneur Mark Cuban also participated in the fundraise. This trend of making fewer but larger deals is also playing out with corporate investors. This past quarter, the total value of global mergers and acquisitions activity rose by 26% compared with the same quarter last year to $1.2 trillion, but the number of deals fell by 17%, according to data from LSEG. The second week of March was the worst week for global M&A in over a year, falling below $33 billion, LSEG found. However, some family offices continue to be prolific dealmakers. In March, Indian billionaire Azim Premji's family office made at least four direct investments in companies, according to Fintrx. Premji Invest's largest round, which it also ...
To get Industrial Strength delivered directly to your inbox, sign up here . Significant exposure to oil and gas markets was an albatross for manufacturers for the better part of the past decade amid a pullback in spending, prompting many companies to get out of the market altogether. But for those who stuck around, the war in Iran may represent an opportunity. The five-week-old conflict in Iran ha...
To get Industrial Strength delivered directly to your inbox, sign up here . Significant exposure to oil and gas markets was an albatross for manufacturers for the better part of the past decade amid a pullback in spending, prompting many companies to get out of the market altogether. But for those who stuck around, the war in Iran may represent an opportunity. The five-week-old conflict in Iran has resulted in an effective blockade of oil traffic through the crucial Strait of Hormuz and extensive energy infrastructure damage in neighboring Middle Eastern countries. The disruption risks crippling supplies of key materials including aluminum , helium , petrochemicals and fertilizers and triggering a bruising resurgence in inflation, kneecapping a broader industrial recovery that was only just beginning. Read More: Oil Spike Risks Stifling Factory Recovery But all that damaged infrastructure in the Middle East will eventually need to be fixed. Maintenance work elsewhere in the world will likely become more of a priority, while lessons from the conflict will inspire investments that build more resilience to future shocks. That’s the flip side to a sustained spike in oil prices and increased concerns about energy security, Luca Savi, chief executive officer of ITT Inc., said in an interview at the company’s headquarters in Stamford, Connecticut. The geopolitical situation is “messy, it’s a pity, it’s a disaster from a human front,” Savi said. “From a company point of view, it generates challenges in one geography, but it might well be generating opportunity in another.” ITT has one of the higher exposures to the oil and gas industry among multi-industrial companies, according to Melius Research analyst Scott Davis. Others include automation companies Honeywell International Inc., Emerson Electric Co. and Rockwell Automation Inc. Investment in service work and spare parts by oil and gas companies was “very low” in the US in the fourth quarter and early this year as oil pr...
Today on Decoder , we’re talking about the landmark social media addiction trials that just resulted in two major verdicts against Big Tech. There’s one case in New Mexico against Meta, and another in California against both companies , which have said they plan to appeal. These are complicated cases with some huge repercussions for both how these platforms work and the very nature of speech in Am...
Today on Decoder , we’re talking about the landmark social media addiction trials that just resulted in two major verdicts against Big Tech. There’s one case in New Mexico against Meta, and another in California against both companies , which have said they plan to appeal. These are complicated cases with some huge repercussions for both how these platforms work and the very nature of speech in America, so to help us work through it all, I’ve brought on two heavy hitters: my friend Casey Newton, who is founder and editor of the excellent newsletter Platformer and co-host of the Hard Fork podcast, as well as Verge senior policy reporter Lauren Feiner. Lauren was actually in that Los Angeles courtroom where executives like Mark Zuckerberg took the stand in the case of a 20-year-old woman named Kaley, who successfully argued Meta and Google negligently designed their platforms in ways that contributed to her mental health issues. These cases, the first in a wave of injury lawsuits targeting tech companies, are about the design decisions of platforms like Instagram and YouTube. They argue that the platforms have fundamental flaws that harm users, especially teenagers, and that these companies knew about these problems and were negligent in shipping these features anyway. These cases are part of much larger set of moves that aim to fundamentally change the legal mechanisms that exist that might regulate social media platforms. Verge subscribers, don’t forget you get exclusive access to ad-free Decoder wherever you get your podcasts. Head here . Not a subscriber? You can sign up here . When we say harm, we’re not just talking about addictive design that brings users back compulsively. It’s also about features like algorithmic recommendations and camera filters that make issues like anxiety, depression, and body dysmorphia worse. This emphasis on how the platforms work, as opposed to focusing solely on the content, is part of a movement that’s been building for years. It f...
A screenshot from Echoes of the Plum Grove, which will be available on Indie Pass. Indie.io , which offers a platform to help independent game developers publish their titles, is launching a new subscription service called Indie Pass. The service will cost $6.99 per month and have more than 70 titles, including indie.io's Echoes of the Plum Grove and games from the Fire Emblem -like Dark Deity ser...
A screenshot from Echoes of the Plum Grove, which will be available on Indie Pass. Indie.io , which offers a platform to help independent game developers publish their titles, is launching a new subscription service called Indie Pass. The service will cost $6.99 per month and have more than 70 titles, including indie.io's Echoes of the Plum Grove and games from the Fire Emblem -like Dark Deity series. Indie Pass launches on PC on April 13th. Of course, there are a lot of subscription services that have already made a point of bringing attention to indies, like Xbox Game Pass, Apple Arcade, and Netflix's gaming library. Those subscriptions haven't had quite the same kind of uptake as streaming services for things like TV sho … Read the full story at The Verge.
Mustafa Suleyman has been preparing for his new job description for a long time. Suleyman is Microsoft's inaugural CEO of AI, but after the company underwent a large-scale restructuring in mid-March, he's handed off some duties and shifted focus to chasing superintelligence. Though the news was only made public last month, he tells The Verge , he'd been preparing for the transition for as many as ...
Mustafa Suleyman has been preparing for his new job description for a long time. Suleyman is Microsoft's inaugural CEO of AI, but after the company underwent a large-scale restructuring in mid-March, he's handed off some duties and shifted focus to chasing superintelligence. Though the news was only made public last month, he tells The Verge , he'd been preparing for the transition for as many as nine months - and though renegotiating Microsoft's contract with OpenAI is the thing that officially "unlocked [Microsoft's] ability to pursue superintelligence," he'd been planning even before the ink was dry. "This has been a long-held plan," he … Read the full story at The Verge.
Microsoft Corp. aims to develop large, cutting-edge artificial intelligence models by next year, part of a push to build in-house alternatives to the most powerful AI tools from OpenAI and Anthropic. “We must deliver the absolute frontier,” said Mustafa Suleyman , chief executive officer of Microsoft AI, said in an interview. “Certainly by 2027, the objective is to really get to state-of-the-art” ...
Microsoft Corp. aims to develop large, cutting-edge artificial intelligence models by next year, part of a push to build in-house alternatives to the most powerful AI tools from OpenAI and Anthropic. “We must deliver the absolute frontier,” said Mustafa Suleyman , chief executive officer of Microsoft AI, said in an interview. “Certainly by 2027, the objective is to really get to state-of-the-art” across models that can respond to or generate text, images and audio. Suleyman’s unit on Thursday rolled out a speech transcription model that Microsoft says is more accurate than rival products in benchmark testing on 11 of the 25 most widely spoken languages. But as with the voice and image-generation models released by the Microsoft AI group to date, it’s a specialized tool built for efficiency and trained on fewer data points than general-purpose workhorses like Claude 3 Opus or OpenAI’s GPT-4. Microsoft is assembling the computing horsepower to build more broadly capable models, Suleyman said. The company in October started using a cluster of Nvidia GB200 chips, expanding the computing resources at its disposal. “From there, we’re sort of ramping over the next sort of 12 to 18 months to get to frontier-scale compute,” he said. The flexibility and prowess of AI models is determined in part by the number of servers used to teach them to parse relationships between words, images or audio. Microsoft’s work had long been constrained by contract terms with close partner OpenAI. In exchange for the license to incorporate ChatGPT into its products, Microsoft was prohibited from developing its own broadly capable models. That clause disappeared as part of a renegotiated deal the two companies agreed to last year. Suleyman, who joined Microsoft in 2024 to lead the company’s efforts to infuse AI into its consumer products, saw his remit narrow last month to model development. A reorganization gave Jacob Andreou , a former Snap executive, oversight of Microsoft’s Copilot assistant...
Chicago, April 02, 2026 (GLOBE NEWSWIRE) -- Circana LLC today announced that Hélène Bouffard has been appointed Chief People Officer, where she will lead the company’s global people strategy and guide organizational evolution during a period of accelerated growth and increasing AI adoption. Bouffard brings more than 25 years of human resources leadership experience to Circana. Most recently, she s...
Chicago, April 02, 2026 (GLOBE NEWSWIRE) -- Circana LLC today announced that Hélène Bouffard has been appointed Chief People Officer, where she will lead the company’s global people strategy and guide organizational evolution during a period of accelerated growth and increasing AI adoption. Bouffard brings more than 25 years of human resources leadership experience to Circana. Most recently, she served as Director of Human Resources and Artificial General Intelligence (AGI) at Amazon.com, Inc.,
10am: Tech and travel drop at open US stocks have started firmly in the red but as has often been the case of late, are quickly trimming losses. The Dow Jones is down just over 1% and the S&P 500 off 0.9%, while the Nasdaq is worst affected, falling 1.4%. Losses on the Nasdaq 100...
10am: Tech and travel drop at open US stocks have started firmly in the red but as has often been the case of late, are quickly trimming losses. The Dow Jones is down just over 1% and the S&P 500 off 0.9%, while the Nasdaq is worst affected, falling 1.4%. Losses on the Nasdaq 100...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Oracle Corporation of Class Action Lawsuit and Upcoming Deadlines - ORCL PR Newswire
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Oracle Corporation of Class Action Lawsuit and Upcoming Deadlines - ORCL PR Newswire
Reciprocal tariffs were announced a year ago, on what President Trump referred to as " Liberation Day" for the country. Tariffs were imposed on many countries that the president believed were being unfair to the U.S., and the initial market reaction was one of panic, with the S&P 500 proceeding to fall. In many ways, it was reminiscent of the 2020 crash during the early stages of the pandemic. Sto...
Reciprocal tariffs were announced a year ago, on what President Trump referred to as " Liberation Day" for the country. Tariffs were imposed on many countries that the president believed were being unfair to the U.S., and the initial market reaction was one of panic, with the S&P 500 proceeding to fall. In many ways, it was reminiscent of the 2020 crash during the early stages of the pandemic. Stocks tanked quickly but then would go on impressive runs. While the S&P 500 has been struggling in the early part of 2026, it's still up around 16% over the past 12 months, as investors who stayed the course and remained invested in funds tracking the index would have done fairly well. And one stock within the index that's been downright amazing over the past year is Sandisk (NASDAQ: SNDK) . It's up a mesmerizing 1,200%, making it easily the top-performing stock on the index since Liberation Day. The big question is whether it's still a buy right now. Image source: Getty Images. Continue reading