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Intel and TPG in talks to sell McAfee to Thoma Bravo for significantly more than $4.2 billion

Intel and TPG in talks to sell McAfee to Thoma Bravo for significantly more than $4.2 billion

Finance
Private equity firm Thoma Bravo is in early discussions to acquire security software company McAfee from TPG and Intel for a significant premium over the company's 2016 $ 4.2 billion valuation, according to people familiar with the matter. Talks may still fall apart and a deal announcement isn't expected soon, said the people, who asked not to be named because the discussions are private. McAfee, founded by John McAfee in 1987, historically developed cybersecurity software for personal computers and servers, protecting users from malware and other viruses. This type of computer security prevented attacks on personal devices. ...
Money talks! Jack and Dani accused of dating for 'commercial reasons' after break-up drama

Money talks! Jack and Dani accused of dating for 'commercial reasons' after break-up drama

Entertainment
The TV duo, who met on the hit ITV2 series earlier this year, split last week amid claims filming their upcoming reality show added strain to their relationship.Despite confirming the break-up via a statement on her official Instagram account, it seems Dani has suddenly taken Jack back.Now claims have emerged that the couple are only together for "commercial reasons".A source said: "Jack and Dani’s break-up caused massive headaches for producers. Related Articles “They’ve filmed a number of shows together, including the Love Island Christmas Reunion and their own reality series, and they are ruined if they don’t stay together.“Jack and Dani: Life After Love Island is all about their love story.“They were also just weeks away from presenting the red ca...
Climate change: 'World at crossroads' warning as key talks begin

Climate change: 'World at crossroads' warning as key talks begin

Science
Media playback is unsupported on your device Four senior figures behind efforts to limit climate change have warned that the planet "is at a crossroads" as key talks opened a day early in Poland. In a rare move, four former presidents of the United Nations-sponsored talks called for decisive action.The meeting in Katowice is the most critical on climate change since the 2015 Paris agreement. Experts say that drastic cuts in emissions will be needed if the world is to reach targets agreed in Paris. Negotiators at the COP24 conference convened a day early because they are under pressure to make progress. What's so different about this meeting?This Conference of the Parties (COP) is the first to be held since the landmark Intergovernmental Panel...
Yes Bank's Rana Kapoor in talks with Madhu Kapur for truce

Yes Bank's Rana Kapoor in talks with Madhu Kapur for truce

Finance
MUMBAI: Yes Bank's managing director and chief executive Rana Kapoor Tuesday said he is in talks with co-promoter Madhu Kapur to reach a truce. The confirmation on the speculation comes three months ahead of the January 31, 2019 deadline by which Kapoor is supposed to leave office as per an order of RBI curtailing his tenure. "...efforts are underway for mutual resolution with Madhu Kapur and family, the Co-promoter of the Bank. This is intended to ensure better support and coordination by the two promoter groups with the Board of Directors of the Bank," the bank said in a late evening statement. It can be noted that following the RBI orders curtailing Kapoor's term, there were reports saying he is trying to reach a truce with Kapur, which can give the promoter group owning over 20 per ...
South Korean president to fly to North Korea for 1st time to continue nuclear talks

South Korean president to fly to North Korea for 1st time to continue nuclear talks

World
South Korea's President Moon Jae-in is expected to fly to Pyongyang for the first time next week in the hopes of accelerating international efforts to denuclearize North Korea. "At this stage, I believe it is most important to put a complete end to military tensions between North and South, or possibility of military conflict, or war threat," Moon told reporters Thursday. It will be the third summit this year between Moon and North Korean leader Kim Jong Un. The first two meetings -- in April and May -- took place at Panmunjom, which separates the two Koreas. Moon and South Korean delegation will fly directly to Pyongyang using the Western air route, Moon's office said, adding that an advance team will take the land route to Pyongyang Sunday for preparations. Next week's summit is ...