Latest news with #DineshNair
Bloomberg
3 days ago
- Business
- Bloomberg
Middle East Funds Offer a Wall Street Payday Favorite
Hi, it's Alex Dooler in Abu Dhabi and Dinesh Nair in Dubai, reporting on how a growing number of job candidates are asking Middle Eastern SWFs to offer them carried interest awards. Elsewhere, it's a sizzling summer for US IPOs. Today's top stories
Focus Malaysia
4 days ago
- Focus Malaysia
There're bad apples but ain't true racist attitude is prevalent, systemic within Malaysian Chinese
THIS is certainly not a new accusation and smacks of stereotyping. The Chinese community in Malaysia is insular, tightly knit and hold a superiority complex. This was most certainly the contention of technologist Dinesh Nair (@alphaque) on X following the fall-out of the notorious viral video where a trio of Chinese kids feed chicken bones to a homeless Indian man. Claiming this video – alongside long-held prejudices against other communities such as not renting premises to Indians because 'they smell' – is solid proof of that Malaysian Chinese are a racist lot and reflective of prevailing attitudes within the community. From denying rentals to Indians because they 'smell' to feeding bones to a homeless Indian man for the viral clicks and clout. Tell me again the Chinese in Malaysia are not racist. — Dinesh Nair (@alphaque) August 4, 2025 Regardless that the kids responsible for the video have apologised and claimed that the video was staged, the poster argues that this does not disguise a 'prevalent and prolific attitude which views other ethnicities as subhuman or deserving derision'. He pointed to bias in job opportunities and the aforementioned refusal to rent premises to Indians as problems that get swept under the carpet whenever the issue is raised. It was further argued that the offending video was designed to appeal to a demographic with similar racist tendencies. Such toxic and insular chauvinism is prevalent across the board though the poster conceded there are exceptions. This observation led to a lively debate as evident from the 829K views, 2.9K shares and 206 comments garnered at the time of writing with some agreeing while others vehemently opposed to such sweeping generalisations. Frank online exchanges One who agreed with the poster claimed that the older generation of Chinese were able to disguise their racist attitudes. However, the younger generation lack this skill and – as the video highlighted – are thus exposed as bigots. 'Don't demand for equal rights when you own attitudes are racist to the core' seems to be the message here. Such views and attitudes are also prevalent in the business and corporate setting, claimed another commenter, as the higher management are usually dominated by the Chinese. It was also added that many Type C social media influencers were guilty of racist vitriol. A few lay the blame at vernacular education for creating such an insular mindset. However, many took umbrage at the sweeping generalisation. One commenter pointed to crime stats and asked why did Indians make up a disproportionate number of convicted criminals? Would it then be fair to label all Indians as thugs and crooks? Echoing this sentiment, one commenter claimed that racist idiots exist in every society. It was a mindset that leads to lazy stereotyping. Few highlighted personal experiences to prove that the poster was wrong with his observations. One commenter highlighted that the issue is not the 'race' but the 'racists' within each communal group. Urging the poster to stop generalising, it was pointed out that it is 'crucial for us to be the change that we want to see'. As unpleasant and offensive that video was, there can be no justification for making sweeping generalisations. It benefits nobody. However, there must be tacit acknowledgement that such racist attitudes exist and concrete steps need to be taken to eliminate it once and for all. – Aug 7, 2025
Yahoo
22-07-2025
- Automotive
- Yahoo
Ambarella Explores Strategic Options, Including Potential Sale, Amidst Surging Edge AI Demand
Ambarella Inc. (NASDAQ:AMBA) is one of the best small cap AI stocks to buy according to analysts. On June 24, Bloomberg announced that Ambarella is reportedly exploring strategic options, including a potential sale. Bloomberg's Ryan Gould and Dinesh Nair reported that the company is working with bankers and has reached out to potential buyers. Ambarella designs chips primarily used in video recording, streaming, and ADAS for self-driving cars. Its technology focuses on edge AI processing and human vision applications, such as video security, electronic mirrors, drive recorders, driver/cabin monitoring, autonomous driving, and robotics. Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process. Potential buyers could include rival chip companies that are seeking to enhance their automotive portfolios or private equity firms. Ambarella last posted an annual profit in 2017 but is forecasting a 28% revenue growth in FY2025, driven by increasing demand for its edge AI products, which now account for 75% of its sales. Ambarella Inc. (NASDAQ:AMBA) develops semiconductor solutions that enable AI processing, advanced image signal processing, and high-definition/HD and ultra-HD compression. While we acknowledge the potential of AMBA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
03-07-2025
- Business
- Bloomberg
McKinsey & Co. Urges CFOs to ‘Lean Into' Change
Hi, it's Dinesh Nair in London. I recently attended McKinsey & Co.'s annual gathering of global finance chiefs and caught up with some of the consulting firm's top partners. Also today, are SPACs getting their swagger back? Please note, the Deals newsletter will be taking a short break for the July 4 holiday in the US on Friday. We'll be back on Monday.
Bloomberg
03-07-2025
- Business
- Bloomberg
Summit Is in Talks for $15 Billion Partnership With AstraZeneca
By and Dinesh Nair Save AstraZeneca Plc is discussing a partnership deal with Summit Therapeutics Inc. in which it could pay as much as $15 billion over time to license a lung-cancer drug, according to people familiar with the matter. The companies have been holdings talks regarding the potential partnership over Summit's ivonescimab treatment, the people said, asking not to be identified because that matter is private. Summit has also held discussions with other major pharmaceutical firms, the people said.
