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Family offices still bet on AI and health care even as deals slow down

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Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City.Michael M. Santiago | Getty ImagesA 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.Deal-making may have rebounded on Wall Street, but investment firms of the ultra-wealthy are still moving cautiously. Family offices made 54 direct investments in September, down 46%…

AMD and Sony’s PS6 chipset aims to rethink the current graphics pipeline

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It feels like it was just yesterday that Sony hardware architect Mark Cerny was first teasing Sony's "PS4 successor" and its "enhanced ray-tracing capabilities" powered by new AMD chips. Now that we're nearly five full years into the PS5 era, it's time for Sony and AMD to start teasing the new chips that will power what Cerny calls "a future console in a few years' time." In a quick nine-minute video posted Thursday, Cerny sat down with Jack Huynh, the senior VP and general manager of AMD's Computing and Graphics Group, to talk about "Project Amethyst," a co-engineering effort between…

Trump showing ‘no interest’ in negotiating to end shutdown, Jeffries says

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Geoff Bennett: Well, keeping our focus on the shutdown, yesterday, we heard from Republican Senate Majority Leader John Thune.And, today, for a Democratic view, I spoke earlier with House Democratic Leader Hakeem Jeffries.Leader Jeffries, welcome back to the "News Hour." Rep. Hakeem Jeffries (D-NY): Thanks for having me on. Geoff Bennett: When you were on this program nine days ago, you said there'd been no communication from either the White House or Republican leaders in the House or the Senate about ending this shutdown. It doesn't appear that that's changed. Has it? Rep. Hakeem Jeffries: It has not changed, unfortunately.This…

TV tonight: a French psychological thriller about a ‘perfect’ nanny | Television & radio

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The Intruder9pm, BBC FourA claustrophobic “don’t trust the perfect nanny!” psychological French thriller from the creators of Paris Police 1900. When wealthy mother of three Paula (Mélanie Doutey) returns to work, she and her husband hire Tess (Lucie Fagedet) to be a live-in au pair. But too-good-to-be-true Tess soon starts to unsettle Paula, who is left feeling – and looking – like she can’t handle being a working mother. Hollie RichardsonThe Celebrity Inner Circle5.20pm, BBC OneA gameshow in which celebrity-civilian pairings are put through convoluted rounds containing impossible-to-follow rules, while host Amanda Holden screams “You little shafters!” at them. This…

Navan plows ahead with IPO during shutdown, aims for $6.45B valuation

0 CommentsTechnology

Corporate travel management company Navan — once known as TripActions — filed updated IPO documents with the U.S. Securities and Exchange Commission on Friday, even though the federal government is currently shut down. Navan is proceeding under new SEC rules that allows wanna-be public companies that are in limbo during the shutdown to file updated information, including share count and pricing, and have their statements automatically okayed in 20 days without staff scrutiny. Once the filings are declared effective, Navan can kick off its roadshow. The rule, however, doesn’t mean that staff can’t ask questions or require amended filings later. Navan declined to comment to TechCrunch about its updated IPO documents. The going thought was that the shutdown would cool and possibly freeze…

Steven Gerrard Rangers return: Lessons from first spell at Ibrox

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Gerrard did not last a year at Villa Park.Up and down results yielded a 14th-place finish at the end of season 2021-22 before a 3-0 loss at Fulham left them 17th in October 2022 when he was dismissed.Across 2022, he won just eight of his 31 games, losing 15.He moved to Saudi Arabia in July 2023 when he took over at Al-Ettifaq.His most recent job lasted 18 months and he moved on with the club sitting 12th in the Saudi Pro League, just five points above the relegation zone."Overall, I have learned a lot, and it's been a positive experience…

Where you can fly nonstop

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Polignano a Mare in the Region of Puglia. Italy.Artur Debat | Moment | Getty ImagesUnited Airlines' summer 2026 international travel plan is out, and smaller European cities are in.Starting April 30, United plans to fly from its hub at Newark Liberty International Airport in New Jersey to Split on the Croatian coast — its second destination in the country. A day later the carrier is launching Newark to Bari in the popular Puglia region of southern Italy on the Adriatic Sea.May 22 is the scheduled launch of a nonstop from Newark to Santiago de Compostela, in the Galicia region of…

A tangled web of deals stokes AI bubble fears in Silicon Valley

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Lily JamaliTechnology correspondent, San FranciscoGetty ImagesSilicon Valley is home to many major tech firms, including Apple's circular headquartersAt OpenAI's DevDay this week, OpenAI boss Sam Altman did what American tech bosses rarely do these days: he actually answered questions from reporters."I know it's tempting to write the bubble story," Mr Altman told me as he sat flanked by his top lieutenants. "In fact, there are many parts of AI that I think are kind of bubbly right now."In Silicon Valley, the debate over whether AI companies are overvalued has taken on a new urgency. Sceptics are privately - and some…

Candidates in Virginia governor’s debate clash over government shutdown, violent rhetoric

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RICHMOND, Va. (AP) — Virginia gubernatorial candidates Republican Winsome Earle-Sears and Democrat Abigail Spanberger faced off Thursday for the first and only time on the debate stage in a fiery affair that was combative from the very first answer. Earle-Sears, perceived by operatives in both parties to be trailing, went on the offensive throughout the hourlong clash, interrupting almost every one of Spanberger’s answers and referring to the congresswoman only by her first name. Spanberger, who largely avoided addressing her Republican opponent directly, set a more sterile and bipartisan tone. The personal clashes overshadowed the policy fights at times, which focused on violent rhetoric,…

Operation Pope review – hard-bitten thriller about a true-life papal assassination plot | Film

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‘You want me to shoot the pope?” This is undeniably a fab jumping off point for a any film, based on real events or not, and in fact this gritty Polish thriller is a dramatisation of the 1981 attempt to assassinate Pope John Paul II. But you don’t need to be much of a history buff to know that that this particular crime would be on the JFK level of momentousness if it had actually succeeded. As it is, we follow Bogusław Linda as Konstanty “Bruno” Brusicki, a former intelligence agent who is offered a compelling carrot and threatened with…