Intel will invest $253 million for a stake in Indian billionaire Mukesh Ambani’s Jio Platforms, joining a roster of big tech and private equity firms, including Facebook and Silver Lake Partners, investing billions into India’s largest wireless carrier. Jio, which is part of Mukesh’s oil-to-groceries conglomerate Reliance Industries, has sold about 25% of itself to investors as Reliance sought...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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