The summary of a study by National Bureau of Economic Research: The past two decades have seen a rapid increase in Private Equity (PE) investment in healthcare, a sector in which intensive government subsidy and market frictions could lead high-powered for-profit incentives to be misaligned with the social goal of affordable, quality care. This paper studies [PDF] the effects of PE…
Tag: acquisition
Roku Plans To Produce Original Shows and Feature Films
Not content anymore with just streaming Hollywood’s old shows and movies, Roku is looking to produce originals: The company published a job listing for a lead production attorney, which spells out plans to build out an “expanding slate of original content.” From a report: This renewed push into originals comes just weeks after Roku acquired Quibi’s content library, for which the…
23andMe Is Going Public As It Pushes Further Into Healthcare
23andMe is becoming a publicly-traded company through a merger with Virgin’s VG Acquisition. Engadget reports: The deal values 23andMe at about $3.5 billion and should give the company the finances it wants to boost its personal healthcare and therapeutics plans. It should have over $900 million in cash, for instance. The merger is expected to close in the second quarter of…
While Recreating CentOS as ‘Rocky Linux’, Gregory Kurtzer Also Launches a Sponsoring Startup
“Gregory Kurtzer, co-founder of the now-defunct CentOS Linux distribution, has founded a new startup company called Ctrl IQ, which will serve in part as a sponsoring company for the upcoming Rocky Linux distribution,” Ars Technica reports:
Kurtzer co-founded CentOS Linux in 2004 with mentor Rocky McGaugh, and it operated independently for 10 years until being acquired by Red Hat in 2014. When…
Google Closes the Fitbit Acquisition, Pledges To Not Use Data For Ads
An anonymous reader quotes a report from Ars Technica: Today Google’s senior VP of Hardware, Rick Osterloh, announced Google has closed its acquisition of Fitbit. The $2.1 billion deal was announced back in November 2019, which kicked off a regulatory review process from governments around the world concerned about Google’s influence over the Internet and the data it can collect on…
Qualcomm To Acquire NUVIA: A CPU Magnitude Shift
Today, Qualcomm has announced they will be acquiring NUVIA for $1.4 billion — acquiring the start-up company consisting of industry veterans which originally were behind the creation of Apple’s high-performance CPU cores. AnandTech reports: NUVIA was originally founded in February 2019 and coming out of stealth-mode in November of that year. The start-up was founded by industry veterans Gerard Williams III,…
China Gives US Tech the Silent Treatment
Patience may be a virtue. For U.S. tech companies looking to do deals that involve China, it is also an expensive necessity. From a report: Cisco Systems and Applied Materials each received different lessons on that score last week. On Friday, Cisco found its $2.6 billion deal to buy Acacia Communications in serious jeopardy after Acaia announced it was terminating the…
Roku Buys Quibi Content For Less Than $100 Million
phalse phace writes: After days of advanced talks to sell Quibi’s content library to Roku, the companies have finally reached a deal. According to Deadline, Roku will acquire most of Quibi’s content for less than $100 million. “The acquisition covers most of the Quibi library, but some daily news shows are not part of the package,” reports Deadline. “A key draw…
Uber Wasted $100 Million On Useless Digital Ad Campaigns
Uber apparently squandered an estimated $100 million on third-party digital advertising campaigns. Input Mag reports: Former Sleeping Giants alum and co-founder of Check My Ads, Nandini Jammi, caught most of us up on the whole situation yesterday in a lengthy Twitter thread detailing just how Uber, the poster child of startup capitalism’s unethical robber baron mentality, managed to recently waste a…
Speculation Grows As AMD Files Patent for GPU Design
Long-time Slashdot reader UnknowingFool writes:
AMD filed a patent on using chiplets for a GPU with hints on why it has waited this long to extend their CPU strategy to GPUs. The latency between chiplets poses more of a performance problem for GPUs, and AMD is attempting to solve the problem with a new interconnect called high bandwidth passive crosslink. This new…