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KKR to Sell Audiobook Publisher RBmedia
Business

KKR to Sell Audiobook Publisher RBmedia

H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
Business

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link

Inside Lyft CEO David Risher's Efforts to Stabilize the Company
Business

Inside Lyft CEO David Risher's Efforts to Stabilize the Company

The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form a partnership with an investor.

At Startup That Says Its AI Writes Medical Records, Humans Do a Lot of the Work
Business

At Startup That Says Its AI Writes Medical Records, Humans Do a Lot of the Work

DeepScribe relies on a team of people to review tech-generated reports, listen to medical conversations and revise the records. Source link

Spotify Plans to Raise Price of Premium Plan in U.S.
Business

Spotify Plans to Raise Price of Premium Plan in U.S.

The audio company had avoided raising prices, but faces investor pressure to increase profitability. Source link

Amazon Asking Employees to Return to 'Main Hub' Offices
Business

Amazon Asking Employees to Return to 'Main Hub' Offices

Amazon.com has told staff across the company that they may have to move to locations in bigger cities. Source link

Sergey Brin Is Back in the Trenches at Google
Business

Sergey Brin Is Back in the Trenches at Google

Co-founder is working alongside AI researchers at tech giant’s headquarters, aiding efforts to build powerful Gemini system. Source link

Investor Group Nears $125 Million Deal for CoinDesk
Business

Investor Group Nears $125 Million Deal for CoinDesk

The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link

KKR Nears Deal for Specialty-Chemicals Maker Chase
Finances

KKR Nears Deal for Specialty-Chemicals Maker Chase

The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link