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KKR’s .4 billion sports bet started with a decade-old relationship

KKR’s $1.4 billion acquisition of Arctos Partners traces back more than a decade to a relationship that began long before Arctos even existed. Loading audio narration… “We have known Ian Charles, the founder, for a long time: a decade plus,” Nuttall said at Bloomberg’s Invest conference on Wednesday as he…

The billionaire founder of Palo Alto Networks started a new cybersecurity company. Here’s why many people are calling it ‘crazy.’

After more than 25 years building Palo Alto Networks into a $125 billion security giant, billionaire Nir Zuk is making a contrarian bet again.His new startup, Cylake, is rejecting the cloud-based model he once championed, instead building an AI-powered, hardware-based security system for governments, defense contractors, and other highly regulated…