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KKR has agreed to acquire a minority stake in Indian ticketing and entertainment platform BookMyShow, backing the company's expansion in live events and experiences.
The post Deal Roundup: KKR takes minority stake in BookMyShow, Rockbridge exits CheckedUp to Providence Equity Partners appeared first on AltAssets Private Equity News.
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Unitree is first humanoid robot firm to list in mainland China
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The vaccine candidate pairs an mRNA therapy with the cancer drug Keytruda.
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Popular daily drinking habit could nearly triple risk of deadly cancer, major study finds Fox NewsMost Americans drink at least one soda a day. It's associated with this type of cancer USA TodaySugar-Sweetened Beverages Linked to Stomach Cancer For The First Time ScienceAlertMetabolic Dysfunction May Explain Sugar-Sweetened Beverage-Gastric Cancer Link, With Andrew Chan, MD, MP
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China's backflipping robot maker Unitree pops 542% in Shanghai debut cnbc.comUnitree IPO's Massive 629% Pop Makes Agility Robotics Look Super Cheap ForbesChinese humanoid robot maker surges 600% in trading debut Financial TimesWhy China's First Humanoid Robot IPO Has Investors in a Frenzy Bloomberg.com
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Five Standout Claims In ABC's First Amendment Lawsuit Against The FCC DeadlineABC and Disney sue FCC, alleging First Amendment violations NPRABC Sues Trump Administration Over F.C.C. Threat to Its TV Licenses The New York TimesABC more cautious of booking candidates on 'The View' amid FCC pressure, Disney's First Amendment lawsuit says Fox News
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Great Hill Partners has hired former Bain & Company exec Sam Liu as director of AI, adding a second senior artificial intelligence specialist this year as the buyout major looks to embed the technology across both its investment process and portfolio company value creation.
The post Great Hill Partners hires Bain & Co AI specialist to boost dealmaking, portfolio value creation appeared first on AltAssets Private Equity News.
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Microsoft today unveiled a generative AI chatbot for business users that will draft email responses to customers, create textual summaries of Teams meetings, and generate marketing and sales email campaigns.
Based on OpenAI's GPT-3, Microsoft's new Dynamics 365 Copilot is an extension to its existing CRM and ERP software, working alongside those applications to assist in answering questions, creating content, and summarizing conversations and notes. The announcement furthers Microsoft's ongoing AI push in its business-centric apps.
To read this article in full, please click here
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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