Tootfinder

Sources: Elon Musk's xAI is in talks to raise $4.3B via an equity investment on top of the $5B it has recently been trying to borrow from debt investors (Bloomberg)
https://www.bloomberg.com/news/articles/2025-06-17…

Byron Allen settles with McDonald's over his $10B 2021 lawsuit accusing the fast food chain of racial stereotyping in its ads budget; terms were not disclosed (Jonathan Stempel/Reuters)
https://www.reuters.com/sus…

“Equity will no longer be treated as the responsibility of a single team,” he said. “It will be a shared expectation for every team.”
WA Commerce Department dissolves standalone equity team | The Olympian
https://www.theolympian.com/news/politics-government/article308352160.html

lol this project can go fuck itself
https://www.theregister.com/2025/06/10/xlibre_new_xorg_fork/

Forked-off Xlibre tells Wayland display protocol to DEI in a fire
: Project to modernize the X.org X11 server seems to actively court controversy

Here Lies Hudson’s Bay Company, Murdered by Private Equity https://jacobin.com/2025/06/hudsons-bay-canada-private-equity/

Here Lies Hudson’s Bay Company, Murdered by Private Equity
Hudson’s Bay Company, Canada’s oldest retailer, didn’t die of natural causes — it was gutted by private equity. Stripped of assets and loaded with debt, it leaves behind job losses, endangered pensions, and a hollowed-out legacy reduced to branding rights.

CB Insights: VCs and private equity firms poured $3.1B to fund 144 deals in the LA area in Q1 2025, up from $2.7B in Q1 2024 and $1.4B in Q1 2023 (Los Angeles Times)
https://www.latimes.com/business/story/2025-06-06/venture-capital-…

Venture capital investment rises in L.A., and not just for AI startups
Venture capital investors and private equity firms poured $3.1 billion to fund 144 deals in the L.A. area in the first quarter of this year, up 15% from a year ago.

After the #COS statement on #OpenScience as a reaction to the US crap I'm surprised that they still have a Diversity Equity and Inclusion page up on their website.
Can't say I'm surprised but I'm still disappointed I suppose..

Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of "oversupply" and a bubble (Maureen Farrell/New York Times)
https://www.nytimes.com/2025/06/02/business/ai-da…

Are A.I. Data Centers a Sure Thing or the Next Real Estate Bubble?
Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom.

Nexstar has deleted references to DEI and data on its workforce composition from its site; it is interested in acquisitions that are subject to FCC approval (Matthew Keys/The Desk)
https://thedesk.net/2025/05/nexstar-ends-dei-programs-policies/

Scoop: Nexstar pulls back on DEI programs amid FCC lobbying efforts
The broadcaster removed references to its diversity, equity and inclusiveness programs from its website and social media profiles.

Optimal Coordination of Flexible DERs in Local Energy and Flexibility Markets to Ensure Social Equity
Niloofar Pourghaderi, Milad Kabirifar, Payman Dehghanian
https://arxiv.org/abs/2506.02179

Optimal Coordination of Flexible DERs in Local Energy and Flexibility Markets to Ensure Social Equity
Local electricity markets offer a promising solution for integrating renewable energy sources and other distributed energy resources (DERs) into distribution networks. These markets enable the effective utilization of flexible resources by facilitating coordination among various agents. Beyond technical and economic considerations, addressing social equity within these local communities is critical and requires dedicated attention in market-clearing frameworks. This paper proposes a social equi…

This is why people are sending donations to Luigi's defense lawyers...
https://www.theguardian.com/us-news/ng-interactive/2025/may/27/exactech-tpg-medical-devices-bankruptcy

CapVest-owned Datasite, which offers workflow automation tech for dealmaking, acquires Grata, which helps users with all aspects of the deal process, for $200M (Maria Armental/Wall Street Journal)
https://www.wsj.com/articles/private-equi…

Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt (Bloomberg)
https://www.bloomberg.com/news/articles/2025-0…

Buyout Firm Vista to Acquire EQT’s Acumatica in $2 Billion Deal
Vista Equity Partners agreed to acquire Acumatica Inc., a software company that helps businesses streamline workflows.

London-based Dojo, a payments tech provider to over 140K businesses, raised $190M from Vitruvian Partners in its first equity raise since launching in 2021 (Vishal Singh/Silicon Canals)
https://siliconcanals.com/dojo-secures-investment-of-e168-6m/

UK’s payments tech provider Dojo secures investment of €168.6M
Dojo is a payments technology provider that aims to expand its presence in the payments sector with a focus on supporting in-person commerce.

Thoma Bravo raised $34.4B across three funds, including $24.3B for its main software company buyout fund and $8.1B for its midsize software-focused fund (Miriam Gottfried/Wall Street Journal)
https://www.