Private Equity Using New Technologies, Tactics to Deliver Investor Returns Despite Decrease in Global Dealmaking

PE M&A Professionals Expect Due Diligence to Speed Up in Next Five Years

Despite a decrease in global mergers and acquisitions (M&A) year to date, private equity (PE) professionals, especially in North America, are leaning into new tactics and technologies, including the use of artificial intelligence, to deliver investor returns. This is according to findings from the Invest in Insight: Private Equity Market Brief report from Datasite®, a leading cloud-based technology provider for the M&A industry, and PitchBook, a financial data and software company.

The report, which is based on market data and a survey of over 500 global PE professionals, shows that PE professionals are actively investing by using new tactics, such as providing credit lines, engaging in private investments in public equities (PIPEs) and contributing to special purpose acquisition companies (SPACs) to capitalize on opportunities to buy publicly listed companies. Additionally, the report highlights the potential for emerging

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Analysis: New Apple ‘iPhone 12’ to offer 5G speeds U.S. networks can’t deliver

(Reuters) – 5G will finally get its U.S. closeup with the expected debut of Apple Inc’s next iPhone on Tuesday. But the blazing speeds promised will not materialize for most people.

FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar

The device, dubbed the iPhone 12 by analysts, can tap into 5G, or fifth generation wireless technology, that theoretically operates as much as 10 to 20 times faster than current 4G wireless networks. [nL1N2H0004]

Using the next iPhone or any 5G enabled device on today’s network, however, will be “like having a Ferrari … but using it in your local village and you can’t drive to up to 200 miles per hour, simply because the roads cannot maintain those speeds,” explained Boris Metodiev, associate director

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New Apple ‘iPhone 12’ to offer 5G speeds U.S. networks can’t deliver

By Supantha Mukherjee and Kenneth Li

(Reuters) – 5G will finally get its U.S. closeup with the expected debut of Apple Inc’s next iPhone on Tuesday. But the blazing speeds promised will not materialize for most people.

The device, dubbed the iPhone 12 by analysts, can tap into 5G, or fifth generation wireless technology, that theoretically operates as much as 10 to 20 times faster than current 4G wireless networks.

Using the next iPhone or any 5G enabled device on today’s network, however, will be “like having a Ferrari … but using it in your local village and you can’t drive to up to 200 miles per hour, simply because the roads cannot maintain those speeds,” explained Boris Metodiev, associate director of research firm Strategy Analytics.

Apple, which is expected to unveil the new phone at a virtual event on Tuesday, will need to walk a tightrope between enticing consumers

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Rackspace Technology helps Relay42 deliver up to 500,000 customer data events per second

LONDON, Oct. 08, 2020 (GLOBE NEWSWIRE) — Rackspace Technology ™ (NASDAQ: RXT), the multicloud solutions provider, has today announced that its management of Relay42’s Amazon Web Services (AWS) IT infrastructure is supporting the AI-driven data business to deliver up to 500,000 personalised customer data events per second.

Dutch-headquartered Relay42 turns data into meaningful relationships customers including Air France-KLM, Heineken, Mazda and FedEx. Speed, latency and security are fundamental components in data marketing, all of which AWS provides in its underlying infrastructure, helping Relay42 meet its business objectives of delivering personalised messages and experiences to end users in a matter of seconds.

Rackspace Technology also optimised Relay42’s cloud spend via CloudHealth, which identified cost savings of $8,000 per month in the initial months of the pandemic with zero impact on performance.

The global footprint of Rackspace Technology is enabling Relay42’s global expansion plans as it aims to double the size of

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Internet2, Cisco Team Up To Deliver Advanced Networking Technology in Support of Research and Academic Collaboration

Internet2, Cisco Team Up To Deliver Advanced Networking Technology in Support of Research and Academic Collaboration

PR Newswire

WASHINGTON, Oct. 7, 2020

Cisco’s Internet for the Future routers and software will deliver key services for the Internet2 nationwide research and education network

WASHINGTON, Oct. 7, 2020 /PRNewswire/ — Internet2 today announced a strategic alliance with Cisco to deliver next-generation capabilities and software solutions across the U.S. research and education (R&E) infrastructure that enables scientific collaboration at a global scale. The new agreement between the two organizations focuses on delivering a national R&E network with increased capacity incrementing at 400 gigabits per second, on-demand cloud-connectivity, and a reduced carbon footprint that will remove 6681 metric tons a year of carbon from the environment. The agreement also includes collaborative opportunities for Internet2 and Cisco to support research activities and multi-domain service orchestration with campus and regional partners.

(PRNewsfoto/Internet2)
(PRNewsfoto/Internet2)

Cisco’s selection

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Footballer Helps Wife Deliver Their Baby On Pavement Outside Apartment, Incident Caught On Camera

KEY POINTS

  • The incident in the early hours of Thursday and was caught on camera
  • On their way to the car, the wife said she needed to lay on the ground as “she could feel the baby’s head crowning”
  • The mother-daughter duo was expected to be released from hospital later this week

A Brazilian footballer played the role of a midwife and helped his spouse deliver their baby on the pavement outside their apartment block.

Bryan Borges’ wife Myllena’s water broke in the early hours of Thursday. Initially, the contractions were not very strong but the pain slowly increased. Myllena and 24-year-old Borges then rushed to the elevator and reached downstairs. When they were a few feet away from their car, Myllena told her husband she needed to lay on the ground as “she could feel the baby’s head crowning,” Daily Mail reported.

The footballer then helped her deliver their

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Felix & Paul Studios and TIME Studios Partner with Nanoracks to Deliver Customized Space Camera to the International Space Station

Canadarm2 and Nanoracks Deployer to Function Together as “Space Crane” to Capture First Spacewalk Filmed in Immersive Virtual Reality

Space Camera

Space Camera full view. Photo courtesy of Felix & Paul Studios.
Space Camera full view. Photo courtesy of Felix & Paul Studios.
Space Camera full view. Photo courtesy of Felix & Paul Studios.

MONTREAL, NEW YORK and HOUSTON, Oct. 05, 2020 (GLOBE NEWSWIRE) — Felix & Paul Studios, the EMMY-award winning creator of immersive entertainment experiences, TIME Studios, TIME’s EMMY-award winning television and film division, and Nanoracks, the leading provider of commercial access to space, today announced the successful delivery of Felix & Paul Studios’ customized 3D, 360-degree, Space Camera to the International Space Station via the NG-14 Cygnus spacecraft, the S.S. Kalpana Chawla. The Space Camera will be used to capture the first-ever spacewalk filmed in cinematic virtual reality as the culmination of Space Explorers: The ISS Experience, produced by Felix & Paul Studios and TIME Studios.

“An

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Tesla says its battery innovations will deliver its goal of a $25,000 mass market electric car

Tesla held its Battery Day event on Tuesday to discuss a variety of innovations it has developed and is pursuing in battery technology for its vehicles. At the event, Tesla CEO Elon Musk and SVP of Powertrain and Energy Engineering Drew Baglino detailed new anode and cathode technology it’s working on, as well as materials science, in-house mining operations and manufacturing improvements it’s developing to make more more affordable, sustainable batteries — and they said that taken together, these should allow them to make an electric vehicle available to consumers at the $25,000 price point.

“We’re confident we can make a very, very compelling $25,000 electric vehicle, that’s also fully autonomous,” Musk said. “And when you think about the $25,000 price point you have to consider how much less expensive it is to own an electric vehicle. So actually, it becomes even more affordable at that $25,000 price point.”

This

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Starlink starts to deliver on its satellite internet promise

Back in my childhood hometown in Calhoun County, West Virginia, my high school friend Bill Bailey says his DSL connection gives him an “average speed of 27Kbps.” That’s Kilobits per second. He might do better with a modem. It’s not just him. Tens of millions of Americans who live in the country can only dream of having broadband. The answer to their internet dreams may lie in the skies above them, with SpaceX Starlink satellites.

SpaceX has applied for the Federal Communication Commission’s up-to $16 billion Rural Digital Opportunity Fund (RDOF). This is a plan to bring broadband — with download speeds of at least 25Mbps — to six million homes and businesses, which currently have no broadband. As part of its presentation, Starlink showed internet performance tests with download speeds of between 102Mbps to 103Mbps, upload speeds of 40.5Mbps to not quite 42Mbps, and a latency of 18 milliseconds

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