AI-driven pharmatech firm agrees $70m partnership with Gates foundation September 8, 2021 AI-driven drug company Exscientia has agreed a $70m partnership with the Bill & Melinda Gates Foundation to develop virus treatments. The Oxford-based company and non-profit foundation will work on coronaviruses at first before expanding to develop therapeutics for influenza and Nipah virus. The partnership will develop small molecule therapeutics that are less susceptible to variants. [...]
Bezos-backed miner invests in Aim-listed Bluejay Mining, sending shares flying August 9, 2021 Bill Gates and Jeff Bezos-backed battery minerals venture KoBold Metals is set to develop a new major nickel, copper and cobalt project with AIM-listed Bluejay Mining. The news sent Bluejay’s shares soaring 20.6 per cent at 11.2p per share in its afternoon trading. KoBold Metals will earn 51 per cent of Bluejay’s licence for the [...]
The Gates Foundation agrees to a backup plan amid Bill and Melinda’s divorce July 8, 2021 The Gates Foundation has a backup plan in place in case Bill and Melinda Gates struggle to work together amidst their divorce. The deal consists of a two-year trial for the former couple, in which Ms. Gates can choose to resign upon its completion. She will also receive ”personal resources’ from her ex-husband for her [...]
Bill Gates left Microsoft board amid investigation into affair May 17, 2021 Microsoft founder Bill Gates had an affair with an employee and stepped down from the company’s board during an investigation into the matter, according to multiple reports. The tech giant today confirmed that it had launched a probe almost two years ago after receiving a complaint about Gates’ behaviour. A spokesperson said the company had [...]
Bill and Melinda Gates to divorce but charitable foundation will continue May 4, 2021 Bill and Melinda Gates, co-founders of the one of the world’s largest private charitable foundations, have pledged to continue their philanthropic work together after filing for divorce after 27 years of marriage. The Bill & Melinda Gates Foundation has become one of the most powerful forces in global public health, spending more than $50bn over [...]
GIP joins forces with Blackstone and Cascade in $4.7bn Signature Aviation bid February 5, 2021 The former owner of Gatwick Airport has teamed up with Blackstone and Cascade to bid for private jet firm Signature Aviation. The offer values the London-based aviation company at $4.7bn, the parties said on Friday. It emerged that Signature was up for sale in December, prompting a bidding war between several investors. Commenting on the [...]
Blackstone secures Bill Gates support in bidding war for Signature Aviation January 8, 2021 The Blackstone Group has the support of a big-name backer – Bill Gates- the largest shareholder in Signature Aviation, strengthening the firms bid to buy the private-jet servicing company. The support comes in opposition to rival bidder Carlyle and strengthens Blackstone’s $4.29bn (£3.16bn) offer alongside Gates’ Cascade Investment. Blackstone and Cascade, which own a near [...]
Bill Gates issues warning over spread of ‘titillating untruths’ on social media October 6, 2020 Bill Gates today took aim at social media platforms for allowing the spread of misinformation relating to the coronavirus pandemic. The business mogul said the Covid-19 crisis had highlighted the “urgent” need to crack down misleading and false information online, which he said spread “so much faster than the truth”. “There’s certainly a human weakness [...]
Architecture firm denies reports that Bill Gates has bought £500m hydrogen yacht February 10, 2020 A Dutch architecture firm has denied reports that Microsoft founder Bill Gates has bought the world’s first hydrogen-powered superyacht after reports that he had went viral. The claim that the billionaire businessman had bought the yacht for an estimated £500m from Sinot Yacht Architecture & Design was published by several national newspapers. However the designer [...]
Extra large order: Beyond Meat hikes offering ahead of float April 30, 2019 A vegan burger startup sent signs of confidence through Wall Street today after raising the price range and size of its initial public offering (IPO). Read more: Vegan startup Beyond Meat brings plant-based burger to the UK In a move that could value the group at almost $1.5bn (£1.15bn), Beyond Meat is set to price [...]