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TECH DEALMAKING
Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...- Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbookSilicon Valley's AI talent war saw tech giants acquire engineers. However, Meta's Mark Zuckerberg broke the mold by investing $900 million ...
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
- US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
- Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo showsBank of America has appointed Richard Hardegree as its new vice chair for mergers and acquisitions. Hardegree, a seasoned banker with over ...
- US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
- AI united Sam Altman and Elon Musk, then drove them apartElon Musk and Sam Altman, co-founders of OpenAI, are set to face off in court over a clash of visions regarding artificial intelligence. Th...
- Big Tech puts financial heft behind next-gen nuclear power as AI demand surgesBig Tech companies are injecting funds into new nuclear technologies. This is to power energy-hungry AI data centers. Firms like Meta, Amaz...
- AI drives Indian IT companies to cut US jobsIndian IT firms are increasing job cuts in the US, with layoffs expected to accelerate due to AI's growing influence and slowing deal-makin...
- Unglamorous world of 'data infrastructure' driving hot tech M&A market in AI raceThe companies that process the data used to build advanced AI models have become highly sought after targets for legacy tech companies like...
- Jefferies hires Credit Suisse banker Gegenheimer for tech dealmaking: SourcesGegenheimer, who was a managing director at Credit Suisse and is based in San Francisco, will report to Cameron Lester and Jason Greenberg,...
- Five facts about missing star Chinese dealmaker and his firmThe dealmaker's disappearance is the latest in a series of cases of high-profile Chinese executives going missing with little explanation d...
- Tech industry dealmaking is back with a bang. Here are the forerunnersResearch analysts from Goldman Sachs have updated the basket of companies the bank thinks could get acquired in the next 12 months.
- Kirk Kerkorian's death signalled the end of an era in dealmakingKerkorian was a perfect example of the American dream: a first-generation American and the son of Armenian immigrants.
- Tech dealmakers are shutting shop due to shrinking deal sizes & feesThe dealmaker is almost signing out with fewer deals, smaller deal-sizes and lower fees taking the zing out of their bread-and-butter busin...
- Twelve NRIs shine on global list of top tech dealmakersAs many as 12 NRIs have made it to a list of 100 dealmakers with 'midas-touch' prepared by a renowned US business magazine. Global CEOs of ...
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