Abcam founder to vote against proposed $5.7bn acquisition by US Danaher
Jonathan Milner says deal materially undervalues Cambridge-based life sciences company
Mergers & Acquisitions
Autumn menswear in the City of Light
The streets of Paris provide the backdrop for the season’s smartest styles
Luxury goods
French car battery start-up Verkor secures €2bn for first plant
Funding includes €650mn in state subsidies as well as investments from Macquarie Asset Management and Renault
Batteries
China attacks EU’s ‘naked protectionist act’ on electric cars
Beijing warns anti-subsidies investigation will have negative impact on relations
Electric vehicles
MGM casinos’ cyber attack blamed on western hacking group
Breach that caused chaos for hotel and resorts operator attributed to ransom-seeking ‘Scattered Spider’ gang
Travel & leisure industry
Private funds prepare to spend billions on compliance after SEC rule
New regulations on disclosure and expenses are ‘keeping general counsels up at night’
Financial & markets regulation
AI and the next great tech shift
From technology containment to political power and digital regulation, three books about the artificial intelligence revolution
Artificial intelligence
Al Gore hits out at fossil fuel industry’s ‘capture’ of UN climate negotiations
Former US vice-president calls for overhaul of COP process to abolish single-country veto
Renewable energy
UK start-up Wayve unveils self-driving system that explains its actions
Company says use of AI gives vehicle owners more confidence in the technology but accepts model needs ‘more training’
Driverless vehicles, Artificial intelligence
SoftBank’s go-to banker makes it Raine
Plus, the fallout at BP and the latest drama to play out at ed-tech start-up Byju’s
Mergers & Acquisitions