By Corinn Gretler
Nestle will pay up to $500 million for a 68 per cent stake in the California-based company.
QIA has also recently cut its stakes in Russian energy giant Rosneft and Swiss bank Credit Suisse.
Milken also said the financial industry will probably face disruption from the digital revolution that’s upended industries globally.
Alphabet is also an Uber shareholder through its GV venture capital arm.
Samsung has set up a strategic business unit for autonomous and advanced driver assistance services (ADAS).
Afterschool noted its token sale would be the first after school program platform to create its own digital currency.
The buyout firm is working with adviser Greenhill & Co. to study offers for the division.
The two funds estimated the offer price would be about 5,700 crowns per share.
Fund will target startups in the areas of AI, IoT, Big Data, cloud computing and AR/VR.
The Zurich-based bank’s Asia hiring spree from last year is paying off in a “very big way”.