Brookfield Asset Management is targeting $10B for its new AI infrastructure fund and has already raised $5B from its balance sheet, Nvidia, and other investors
Miriam Gottfried / Wall Street Journal :
Thoma Bravo raised $34.4B across three funds, including $24.3B for its main software company buyout fund and $8.1B for its midsize software company-focused fund
Miriam Gottfried / Wall Street Journal :
State Farm plans to invest $1.2B in ADT for a ~15% stake and up to $300M more for product and tech innovation; Google pledges up to $150M more for new products
Miriam Gottfried / Wall Street Journal :
Thoma Bravo has agreed to buy Anaplan for $10.7B or $66/share, after the maker of cloud-based business planning software closed at $50.59 on Friday
Miriam Gottfried / Wall Street Journal :
Abu Dhabi's Group 42, which offers AI and cloud computing products aimed at digitizing enterprises, raises ~$800M from Silver Lake for a minority stake
Miriam Gottfried / Wall Street Journal :
Sources: Chicago-based Relativity, which law firms use to sift through data during discovery, gets an investment from Silver Lake valuing the company at $3.6B
Miriam Gottfried / Wall Street Journal :
Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers
Jeff Bezos opened his 2016 letter to Amazon shareholders like this: Jon Brodkin / Ars Technica : WSJ: Amazon changed search results to boost profits despite internal dissent Victoria Song / Gizmodo : ...
Alphabet, Sidewalk Labs, and Ontario Teachers' Pension Plan launch a holding company; sources: it will invest in tech-enabled infra projects requiring $100M+
Miriam Gottfried / Wall Street Journal :
Private fundraising widens gap over the public market with $2.4T raised last year in the US, fueling the rise of Silicon Valley unicorns and coin offerings
The boom is transforming how companies grow, concentrating investing in fewer hands and raising concerns about oversight Tweets: @miriamgottfried Tweets: Miriam Gottfried / @miriamgottfried : At least...
Profile of Uber board's pick for CEO Dara Khosrowshahi, who has been Expedia's CEO for 12 years and was CFO at Barry Diller's IAC prior to running Expedia
but he hasn't left yet Cory Weinberg / The Information : How Khosrowshahi Oversaw a Comeback At Expedia Seth Fiegerman / CNNMoney : Uber's new CEO will have to deal with Uber's old CEO Miriam Gottfrie...