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Starbucks fumbled in China. Now it's getting private equity bids in the billions

Firms including Carlyle, KKR, Hillhouse, and Centurium are competing for a piece of the coffee giant’s China unit. [...]

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Destination
Private Internet Access VPN review: Both more and less than a budget VPN

I came into this review thinking of Private Internet Access (PIA) as one of the better VPNs. It's in the Kape Technologies portfolio, along with the top-tier ExpressVPN and the generally reliable [...]

Match Score: 177.52

venturebeat
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China

China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]

Match Score: 80.29

Destination
Vimeo lays off most of its staff just months after being bought by private equity firm

Vimeo just got hit by a brutal round of layoffs, according to a report by Business Insider. Staffers are posting on various social media sites that the layoffs have impacted most of the company, inclu [...]

Match Score: 51.42

venturebeat
Ascentra Labs raises $2 million to help consultants use AI instead of all-night Excel marathons

While artificial intelligence has stormed into law firms and accounting practices with billion-dollar startups like Harvey leading the charge, the global consulting industry—a $250 billion behemoth [...]

Match Score: 49.20

Destination
Trump administration official says some CHIPS Act companies won't need to give up equity

Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, n [...]

Match Score: 45.51

venturebeat
Google’s Gemini can now run on a single air-gapped server — and vanish when you pull the plug

Cirrascale Cloud Services today announced it has expanded its partnership with Google Cloud to deliver the Gemini model on-premises through Google Distributed Cloud, making it the first neocloud provi [...]

Match Score: 44.69

Destination
Starbucks has to pay California driver $50 million over hot tea spill

Starbucks has been ordered to pay $50 million to a California delivery driver who suffered severe burns when a hot drink spilled onto his lap at a Los Angeles drive-through in Feb. 2020.Read more... [...]

Match Score: 43.11

Destination
Starbucks' CEO wants you to sit and stay awhile. His college coffeehouse could be the answer

In Starbucks (SBUX)’ most recent earnings call, CEO Brian Niccol hit on the company’s “Back to Starbucks” theme, an effort to return the chain to its roots.Read more... [...]

Match Score: 43.11

Destination
Starbucks stock sinks 7% because this earnings report was brutal

Starbucks (SBUX) has a “grande” problem: It disappointed across the board in its second-quarter earnings report, sending its stock falling as it missed key revenue and earnings estimates.Read more [...]

Match Score: 43.11