Tariffs. Politics. Trade wars. It may not be enough. For years, U.S. policymakers have tried everything to stop China from doing something that may just end up being inevitable: Putting Chinese cars on American roads. Indeed, it is going to happen. Here's why. Continue reading
Tariffs. Politics. Trade wars. It may not be enough. For years, U.S. policymakers have tried everything to stop China from doing something that may just end up being inevitable: Putting Chinese cars on American roads. Indeed, it is going to happen. Here's why. Continue reading
Meta Platforms ( META ) is preparing to release the first new AI models developed under Alexandr Wang and plans to eventually offer versions of these models through an open source license, Axios reported. Before openly releasing versions of the new models, the U.S. tech giant intends to keep some pieces proprietary, and to ensure they do not add new levels of safety risk, the report added , citing...
Meta Platforms ( META ) is preparing to release the first new AI models developed under Alexandr Wang and plans to eventually offer versions of these models through an open source license, Axios reported. Before openly releasing versions of the new models, the U.S. tech giant intends to keep some pieces proprietary, and to ensure they do not add new levels of safety risk, the report added , citing sources. Last year in June, Meta announced a $14.3B investment in AI startup Scale, acquiring a 49% stake. Through the deal, Wang joined Meta to head its “superintelligence” team focused on artificial general intelligence, or AGI. Meta has said the first family of models is aimed at helping it catch up to rivals after its last Llama 4 family fell behind, with an aim that future models can lead the industry. AI giants OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) have hinted that their next models are expected soon, the report noted. Meta knows its new models may not be competitive across the board with the coming ones from those companies but believes it will have areas of strength that appeal to consumers, according to the report. Wang has indicated that some of its largest new models will remain proprietary — a shift toward a more hybrid strategy, the report noted. More on Meta Meta Platforms: Time To Double Down If You Missed Meta In 2022, This Might Be Your Second Shot Meta: Here's Why I Believe Market Is Underestimating Meta's AI Monetization Story Meta Platforms and Google face jury setbacks; Section 230 under pressure Sphere Entertainment, EchoStar top communications services stocks in short interest; Alphabet sees the lowest exposure
Deal flow in Japan will likely keep up its brisk pace, thanks in part to regulatory policies that are fueling mergers and acquisitions as well as broader macroeconomic trends, according to Alvarez & Marsal Inc.’s Paul Aversano . The number of deals targeting companies in Japan exceeded 900 in the first three months of the year as it has in each quarter going back to late 2024, according to data co...
Deal flow in Japan will likely keep up its brisk pace, thanks in part to regulatory policies that are fueling mergers and acquisitions as well as broader macroeconomic trends, according to Alvarez & Marsal Inc.’s Paul Aversano . The number of deals targeting companies in Japan exceeded 900 in the first three months of the year as it has in each quarter going back to late 2024, according to data compiled by Bloomberg. Momentum should continue “if not accelerate in the short-to-medium term,” Aversano, global practice leader of A&M’s global transaction advisory group, said in an interview on Wednesday. The conflict in the Middle East is, for now, posing no disruption to M&A in Japan, Aversano said. Instead, country-specific forces are helping drive deals, he said. Deals announced during the first three months of this year include Nippon Sheet Glass Co. ’s plan to be taken private by a fund managed by Apollo Global Management Inc. and KKR & Co Inc. ’s offer to take Taiyo Holdings Co. private. Aversano pointed to efforts to improve the return on equity of listed companies — part of government-led corporate reform initiatives — as a catalyst for M&A. Demographic shifts are also playing a part, as many aging founders of established businesses are more willing to be bought out. The cheap yen is also making valuations attractive for a cross-border investment, Aversano said. Among industries, the aerospace, defense and space sector is expected to lead the pickup in deals this year in Japan as well as around the world, Aversano said. “All of the aerospace and defense industry and sub-industries are benefiting from this boom in government spending,” he said. “You see investors trying to capitalize on that.” His firm is also hiring experts in the area. While transactions in a few sectors have been shelved since the start of hostilities in Iran, such as travel and leisure, the current conflict isn’t stopping or slowing global dealmaking in general, he said. “There is so much weal...
May ICE NY cocoa (CCK26 ) today is down -15 (-0.46%), and May ICE London cocoa #7 (CAK26 ) is not trading today, with UK Markets closed for the Easter Monday holiday. Cocoa prices are under pressure amid signs of weak chocolate demand. According to Bloomberg Intelligence, early estimates for...
May ICE NY cocoa (CCK26 ) today is down -15 (-0.46%), and May ICE London cocoa #7 (CAK26 ) is not trading today, with UK Markets closed for the Easter Monday holiday. Cocoa prices are under pressure amid signs of weak chocolate demand. According to Bloomberg Intelligence, early estimates for...
Hi, it’s Veena Ali-Khan in New York. Nuclear has been creeping back into dealmakers’ conversations for a while now and it just got louder. Also today, Neurocrine is buying Soleno Therapeutics for $2.9 billion. Today’s top stories Tower operator SBA communications is exploring a potential sale. Neurocrine to buy Soleno Therapeutics for $2.9 billion. Madison Air is seeking to raise as much as $2.2 b...
Hi, it’s Veena Ali-Khan in New York. Nuclear has been creeping back into dealmakers’ conversations for a while now and it just got louder. Also today, Neurocrine is buying Soleno Therapeutics for $2.9 billion. Today’s top stories Tower operator SBA communications is exploring a potential sale. Neurocrine to buy Soleno Therapeutics for $2.9 billion. Madison Air is seeking to raise as much as $2.2 billion in an IPO. SMFG, Nippon Life to set up $3 billion LBO loan fund. Nuclear is hot Last year was a banner one for US nuclear deals and momentum is building. But the interesting shift, on full display in today’s Energy Capital Partners deal, is the pivot away from reactors themselves and toward the infrastructure that supports them. Investors are increasingly looking at the infrastructure that supports nuclear—waste management, plant services, and decommissioning, or as ECP partner Drew Brown puts it, the “picks and shovels” of the industry. The company today announced it’s re- acquiring EnergySolutions, a company focused on nuclear waste transportation and disposal, decommissioning retired plants, and supplying services and equipment to operators and government clients. It sits right in the middle of that lifecycle—from active plants that need maintenance and waste handling, to aging facilities that need to be dismantled and cleaned up. And that’s where the opportunity lies. The deal, first reported by Bloomberg News, values the company at about $2 billion, including debt. When ECP owned the business in 2013, the story was mostly about shutdowns. Weak power prices were pushing plants offline, and decommissioning was the main event. Today, the picture is more balanced. Operators are extending the life of existing nuclear reactors. Interest in new nuclear projects is picking up again, thanks demand generated by the AI-driven data center boom and the development of so-called small modular reactors. That creates demand across the board. Running plants need ongoing services....
SpaceX is preparing for its market debut at a valuation that could top $2 trillion, according to sources. It’s expected to be the first in a bumper crop of mega initial public offerings in the next 12 months. Lise Buyer, founder and partner at IPO advisory firm Class V Group, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
SpaceX is preparing for its market debut at a valuation that could top $2 trillion, according to sources. It’s expected to be the first in a bumper crop of mega initial public offerings in the next 12 months. Lise Buyer, founder and partner at IPO advisory firm Class V Group, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Jonathan Jackson of Illinois calls Cuba ‘most sanctioned part of Earth’ amid US oil blockade causing vast disruptions Sign up for the Breaking News US email to get newsletter alerts in your inbox Two Democratic US lawmakers on Monday called for a permanent solution to crises confronting Cuba after they visited the island to witness the effects of an American energy blockade. US House members Prami...
Jonathan Jackson of Illinois calls Cuba ‘most sanctioned part of Earth’ amid US oil blockade causing vast disruptions Sign up for the Breaking News US email to get newsletter alerts in your inbox Two Democratic US lawmakers on Monday called for a permanent solution to crises confronting Cuba after they visited the island to witness the effects of an American energy blockade. US House members Pramila Jayapal of Washington and Jonathan Jackson of Illinois met with Cuban president Miguel Díaz-Canel and foreign minister Bruno Rodríguez as well as members of Cuba’s parliament during a five-day trip ending on Sunday. “I denounced the criminal damage caused by the blockade, particularly the consequences of the energy siege decreed by the current US government and its threats of even more aggressive actions,” Díaz-Canel wrote on X. Continue reading...
Sounding triumphant following what the White House described as a daring operation to rescue a wounded American pilot from Iran, US President Donald Trump on Monday renewed his warning that the US could strike Iran’s critical infrastructure if negotiations fail to produce the desired results by his deadline of Tuesday, April 7 at 8pm EST. “Their entire country can be taken out in a night and that ...
Sounding triumphant following what the White House described as a daring operation to rescue a wounded American pilot from Iran, US President Donald Trump on Monday renewed his warning that the US could strike Iran’s critical infrastructure if negotiations fail to produce the desired results by his deadline of Tuesday, April 7 at 8pm EST. “Their entire country can be taken out in a night and that night could be tomorrow,” said the US president about Iran. With Trump’s deadline looming, Pakistan...