Spirit Airlines Rejects Second Attempt to Acquire Company
Spirit Airlines has officially rejected a second acquisition bid, reaffirming its commitment to independence despite ongoing turbulence in the airline industry. The decision comes after months of speculation over Spirit’s future, with competing carriers eyeing its budget-friendly business model and valuable market share.
GGD Investor: 2150 Ventures
2150 Ventures is a London-based venture capital firm committed to shaping the future of sustainable cities.
GGD Investor: Thirty Five Ventures
Kevin Durant and Rich Kleiman launched Thirty Five Ventures in 2016, transforming it into a powerhouse that blends venture capital, sports, media, and entertainment.
GGD Startup: Calendly
To create Calendly, Tope Awotona emptied out his personal savings in 2013. The founder was determined to build a scheduling automation tool that was intuitive and simple to use.
Planet Labs Secures $230M Deal to Build Next-Gen Satellites
Planet Labs, a leader in Earth imaging and satellite technology, has secured a $230 million contract to develop and deploy a new generation of satellites. The deal, announced earlier this week, marks a significant milestone in the company’s mission to provide high-resolution, real-time imaging of our planet.
Women’s Venture Capital Summit
Event happening February 4-6th in Half Moon Bay, California.
Apollo Funds Acquires Barnes Group Inc. for $3.6B
Apollo Global Management is making another bold move in the industrial sector, acquiring Barnes Group Inc. for $3.6 billion. The deal, announced this week, positions Apollo to expand its influence in aerospace, manufacturing, and engineered products.
Data Viz 11: Hugging Habits
Hugs are small but powerful acts of connection, and our latest infographic highlights how their frequency varies throughout the week. According to a scientific study published in the Journal of Nonverbal Behavior; adults hug at different frequencies throughout the week.
The NFL OKs New Helmet Tech
The NFL has permitted a new helmet technology called the Guardian Cap for all positions (except for quarterbacks or specialists) during live, regular season games.
World’s Largest EV Producer Agrees to Invest $1B in Turkey
OpenAI has announced the launch of SearchGPT, an AI-powered search engine. Even as Google continues to dominate the search engine market, the tool aims to use AI tech’s conversational models to help users produce faster, more relevant search results.