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Exclusive: San Francisco Police Department investigating Zoox collision with a parked car | TechCrunch
Officers responded to the crash, which occurred at around 2 p.m. local time on January 17 near the intersection of 15th and Mission Streets, according to the department. The Zoox robotaxi was traveling along 15th street when a street ambassador named Jamel Durden opened the driver's-side door of his 1977 Cadillac Coupe DeVille, according to Mission Local, which first reported the crash. Durden's hand was reportedly smashed during the crash, and the Zoox vehicle suffered damage to its glass doors. The San Francisco Police Department (SFPD) told TechCrunch the Zoox vehicle was carrying a passenger at the time, which has not been previously reported. That passenger was an employee of Zoox, according to the company, and was not injured, which the SFPD confirmed. The police department declined to provide TechCrunch with an incident report '[d]ue to the fact it is still an open investigation.' Zoox filed its own police report about the incident, the company told TechCrunch, but said no additional details have been requested. In a statement on January 20, Zoox said it was 'cooperating with local authorities to provide an accurate account of the incident.'...
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KKR emerges as frontrunner in $3bn deal for CVC sports investment vehicle ' Private Equity Insights
The vehicle owns stakes in major sports properties including Six Nations Rugby, women's professional tennis, and top-tier football leagues in Spain and France. City sources said KKR has emerged as the leading candidate, although other investors, including Ares Management, remain in the frame. A debt-only financing alternative has also been explored in recent weeks. Any transaction would bolster Global Sport Group's capital base and allow CVC to remain invested in its sports portfolio for longer. CVC has built the platform following the success of its Formula One investment and has continued to expand into premium sports leagues with long-term media and sponsorship revenues. A deal could eventually pave the way for the sale of a minority stake in Global Sport Group or a future IPO. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
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AI chatbots are infiltrating social-science surveys ' and getting better at avoiding detection
A tool that has helped to transform modern social-science research is under threat thanks to artificial intelligence. Researchers are warning that a wave of chatbots impersonating people could corrupt or invalidate the online surveys that power thousands of studies every year. They are urging the companies that run the surveys to do more to address the problem. Since the early 2000s, online surveys that allow people to participate in research studies from the comfort of their own desktops have been used in fields such as ecology, psychology, economics and politics. They have become 'essential infrastructure' of the social sciences, says Felix Chopra, a behavioural economist at the Frankfurt School of Finance and Management in Germany, who uses such surveys in his research. People get paid to participate in online surveys ' anywhere from pennies to US$100 or more per hour. And an industry was created to administer the surveys and manage vast pools of potential respondents. Between 2015 and 2024, the use of online surveys in published studies increased four-fold, and with that explosion came people trying to game the system, from simply giving fake answers to deploying bots that impersonate individuals; the industry has had to build in checks and tools to root out fraud....
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ANTA makes $1.6bn strategic bet on PUMA with 29% stake purchase ' Private Equity Insights
The stake is being acquired from Groupe Artemis, the investment company of the Pinault family, and will make ANTA the largest shareholder in the German-listed sportswear group. The transaction is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions. ANTA said the investment will be fully financed using internal cash resources and confirmed that it has no current plans to launch a takeover offer for PUMA. Instead, the Chinese sportswear group intends to support PUMA's existing management, strategy, and independent brand identity. 'This acquisition makes ANTA Sports the largest shareholder of PUMA and marks a major step forward in our 'single-focus, multi-brand, globalisation' strategy,' said Ding Shizhong, board chairman of ANTA Sports. 'PUMA is an iconic global brand with substantial heritage. Working with PUMA, we look forward to learning from each other and joining hands to fully unlock the brand's full potential.' ANTA said it intends to seek appropriate representation on PUMA's supervisory board, while respecting the company's governance structure as a German-listed business. The group added that any further deepening of the partnership would be carefully assessed over time....
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