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    TIM CHEN

    How Databricks’ $2.2 billion Tabular deal helped Tim Chen’s Essence VC nearly return its entire fund

    Tim Chen wasn’t planning to raise a new venture capital fund when investors began approaching him. His investment in Tabular, acquired by Databricks in 2024, helped put Essence VC on the map. The interest eventually helped Chen close a $41 million fourth fund, even before he had prepared a pitch deck.

    US Stock Market: Johny Srouji to lead unified hardware team as Apple prepares for leadership transition

    Apple is restructuring its hardware organisation by merging the engineering and technologies divisions into a unified leadership model. The company will split operations into five core areas, aiming to streamline development across key products. The move also signals major leadership changes, with expanded roles for senior executives and a clearer succession path.

    Apple to focus hardware team on five areas under Johny Srouji

    Apple's hardware division sees a major restructuring under new chief hardware officer Johny Srouji. The combined hardware engineering and technologies teams will now operate across five key areas: hardware engineering, silicon, advanced technologies, platform architecture, and project management. This move aims to simplify operations and boost innovation for key products like the iPhone and Apple Watch.

    Global Markets | Australian shares end largely unchanged as investors remain wary of Mideast risks

    Australian shares saw a modest rise on Monday. Investors remained cautious, awaiting developments in the Middle East conflict. Hopes for a quick resolution faded after Iran rejected talks and blocked the Strait of Hormuz. The U.S. also seized an Iranian cargo ship. This uncertainty kept the market subdued, with gold miners and consumer firms providing some support.

    Apple loses more AI researchers and a Siri executive in latest departure

    Apple has lost at least four more of its artificial intelligence researchers in recent weeks in addition to a top Siri executive, with the staff headed to employers such as Meta Platforms and Google DeepMind.

    The Rookie Season 8 Episode 3 release time and how to watch on ABC and Hulu: When will next episode air? Here's episode title, cast and plot

    The Rookie Season 8 Episode 3 release time and how to watch details when the new episode airs on ABC, when it streams on Hulu, cast details, plot points, schedule changes, and international availability for viewers waiting outside the United States.

    The Economic Times
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