No-frills airline EasyJet says it has accepted in principle a £5.7bn takeover proposal from US firm Apollo Management, just days after accepting an offer from a rival suitor. The Luton-based airline said Apollo’s bid delivered “a superior result” to investors than the previous offer from US investment firm Castlelake which EasyJet had also accepted in
Crypto VC firm Paradigm has raised $1.2 billion (its third venture fund and fourth overall) with the goal of investing in the “technical frontier,” company founder Matt Huang announced Wednesday. For Paradigm, the technical frontier will extend beyond its cryptocurrency investing roots. This fund is expected to expand its investment focus to include robotics and
Early-stage company Magnify Ventures has raised $46.6 million for its second LP fund, including Melinda French Gates’ Pivotal Ventures. Founded in 2021 by Joanna Drake and Julie Wroblewski, Magnify invests in companies focused on the care economy, such as those creating assistive robotics, family cybersecurity, and artificial intelligence for home use. The firm said Fund
McKinsey candidates can now practice their problem-solving for interviews with AI before they face the real thing. In April, the global consulting firm launched an AI tool to help candidates prepare for interviews — and, ideally, keep them from feeling they need to pay for pricey consulting coaches. The tool is available globally to those