Occidental/CrownRock: shale deal risks tempting fate again
The pressure is on for Oxy to scale up further in the Permian basin
Shale Oil & Gas, Mergers & Acquisitions
Scientists use brain-like tissue in advance for ‘biocomputing’ research
Organoid helps system recognise speech and solve maths problems showing potential of neuromorphic technology
Artificial intelligence
Regulators must resist banks’ magical thinking
The latest wheeze from lenders is to use ‘credit linked notes’ for capital relief
Financial & markets regulation
Nvidia emerges as leading investor in AI companies
US chipmaker takes stakes in groups that are also its customers in effort to ‘lock up the market’
Artificial intelligence
Sciences Po director steps back over domestic violence allegations
Mathias Vicherat bows to pressure from student groups to ‘temporarily’ withdraw but denies wrongdoing
Business education
German football clubs vote to back private equity investment
Result paves way for deal that would see buyout industry take stake in entity controlling Bundesliga’s commercial rights
Travel & leisure industry, Mergers & Acquisitions
TikTok/GoTo: bargain buy rewrites script for scrolling players
Integrating social media and ecommerce could be transformative for Chinese-owned app
Ecommerce, Social Media
Occidental Petroleum agrees $12bn deal to acquire CrownRock
Warren Buffett-backed group beats rivals in race for sought-after private oil producer
Shale Oil & Gas, Mergers & Acquisitions
Ex-footballer Zlatan Ibrahimović to join AC Milan owner RedBird
Former centre-forward will use his 123mn social media followers to expand club’s international brand
Travel & leisure industry
TikTok takes over Indonesia’s Tokopedia in bid to overcome ecommerce rules
ByteDance’s social media company to invest $1.5bn for controlling stake in GoTo unit
Social Media, Mergers & Acquisitions