Kirkland & Ellis advises Warburg Pincus on the acquisition of a majority stake in UVEX WINTER HOLDING GmbH & Co. KG (“uvex”). The owner families Winter and Grau will retain a significant minority stake in uvex and will be actively involved in the future growth of the business.
Founded in 1926, uvex has evolved into a global leader in protective safety and sports equipment. The company develops, manufactures and distributes products and services for the safety and protection of people at work, in sport and for leisure pursuits. uvex is represented by 49 branch offices in 23 countries, has more than 3,000 employees and produces in its own factories.
Read the transaction press release
The Kirkland team included transactional lawyers Benjamin Leyendecker, Philip Goj, Christoph Jerger, Johannes Rowold, Sophia Probst, Friedrich Focke, Maximilian Licht, Sabrina Seitz, Carl Grupe and Pablo Tretow; antitrust & competition lawyer Lara Steinbach; sustainability lawyer Rhys Davies; debt finance lawyers Ian Barratt, Alexander Längsfeld, Thomas Raftery, Barbara Dunkel, Brent Tan and Phil Rigley; and tax lawyer Michael Ehret.
Stephen Spielberg’s original Jurassic Park film (1993) instilled awe and trepidation in his characters and audience alike. As his protagonists wrestled with the unintended consequences and ethical dilemmas of reanimating extinct apex predators, viewers marvelled at the novel use of CGI. At a keystroke it seemed to consign the hand-crafted stop-motion wonders of dinosaur films past to the archive.
Alongside pulse-pounding action set pieces delivered with trademark Spielberg panache, that first film flamboyantly inaugurated a new era in fantasy effects. And it solicited delight and wonder from its audience. On opening day in New York the dinosaurs’ first appearance prompted a spontaneous ovation: I was there and clapped too.
Thirty-two years, six Jurassic iterations and countless monstrous digital apparitions later, that initial wow factor is a distant memory. By Jurassic World: Rebirth (set nearly 35 years after the original film) dinosaurs are treated by their human prey as barely more than inconvenient obstacles. They’re dangerous, of course, but certainly not wondrous.
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Palaeontologist Dr Henry Loomis’s (Jonathan Bailey) delight in coming face-to-face with his objects of study is a pale echo of the giddy euphoria that overtook Sam Neill and Laura Dern’s characters all those years ago.
In fact, early in the film we’re told that the public have since lost all interest in dinosaurs. Wildlife parks and museum displays are closing and the animals themselves have mostly died off outside their quarantined tropical habitat.
As this has information has little bearing for the plot, it’s hard not to sense some ironic commentary from screenwriter David Koepp (returning to the franchise for the first time since 1997) on the exhaustion of the Jurassic Park model. Always incipiently reflexive – as a blockbuster set in a theme park – by this stage in the game, the franchise machinery is inescapably visible.
Almost as ironic is a plot line promoting the open-source sharing of intellectual property for the benefit of the whole world rather than exploitative corporations. I doubt NBCUniversal-Comcast would agree.
The Jurassic World Rebirth trailer.
The Jurassic franchise
The Jurassic Park format is among the most unforgivingly rigid of any current film franchise.
Each instalment (bar to some extent the last, the convoluted 2022 Jurassic World: Dominion, whose characters and story the new release completely ignores) places humans in perilous proximity to genetically rejuvenated sauropods. And generally does so in a remote, photogenic tropical location with minimal contact with the outside world. (Will the franchise ever run out of uncharted Caribbean islands where demented bio-engineers have wreaked evolutionary havoc?)
The human characters in this new film are the usual pick-and-mix of daredevil adventurers, amoral corporate types and idealistic palaeontologists. And there are the mandatory school-age children too – important to keep the interest of younger viewers. The real stars of course, are the primeval leviathans who grow larger and more fearsome – though not more interesting – with each new episode of the franchise.
Mahershala Ali as Duncan Kincaid in Jurassic World Rebirth. Universal Studios
How this human-dino jeopardy comes about tends not to matter very much. Jurassic World: Rebirth produces one of the least interesting MacGuffins in movie history (meaning something that drives the plot and which the charcters care about but the audience does not). Blood drawn from each of the three largest dinosaur species in the aforesaid remote tropical island will produce a serum to cure human heart disease (dinosaur hearts are huge, you see, so … never mind).
This feeble contrivance suffices for sneery Big Pharma suit Martin (Rupert Friend) to hire freebooters Zora (Scarlett Johansson) and Duncan (Mahershala Ali) for his expedition. Along the way they encounter a marooned family (dad, two teens, one winsome but plucky grade-schooler) who subsequently have their own largely self-contained adventures before reuniting for the big climax.
Franchise filmmaking is generally an auteur-free zone. Welsh blockbuster specialist Gareth Edwards is no Spielberg (though he pays homage at several point, notably in a waterborne first act studded with Jaws references). But he handles the action with unremarkable competence.
In truth, Jurassic World: Rebirth suggests that the intellectual property so expensively vested in the franchise would benefit from some genetic modification.
Preparing future pilots to operate fourth and fifth generation fighter aircraft through an innovative training model focused on Phase IV of the syllabus – the pre-operational phase – is the mission of the International Flight Training School, Italy’s advanced training centre for military pilots from across the globe.
Spanning over 35,000 square metres of covered space within an area of more than 130,000 square metres, the IFTS campus offers a unique integration of live and virtual training. At the heart of this cutting-edge ecosystem is the M-346 (T-346A), with a fleet of 22 aircraft assigned to the school, and the use of Live, Virtual and Constructive (LVC) technology. State-of-the-art simulators enable dynamic and complex training scenarios, ensuring a high level of operational readiness while reducing environmental impact.
Established in 2018 as a strategic collaboration between the Italian Air Force and Leonardo, IFTS is today a global benchmark in military flight training. It currently trains aviators from twelve countries: Saudi Arabia, Austria, Canada, Germany, Japan, the Netherlands, Qatar, the United Kingdom, Singapore, Spain, Sweden, and Hungary. With around 80 pilots trained annually–and capacity set to grow–the school not only strengthens international cooperation but also brings significant economic and employment benefits to the Sardinian region, positioning itself as a true Italian centre of excellence on the world stage.
Underscoring the strategic importance of IFTS to Italy and international defence, the Decimomannu base hosted the military pilot wings graduation ceremony on 2 July, attended by the President of the Italian Republic, Sergio Mattarella. The event celebrated not only the achievements of the new pilots, but also the critical role played by the academy in shaping the next generation of military aviators.
What is the International Flight Training School and what are the capabilities of the M-346, the centrepiece of Leonardo’s training system? This is explained by Commander Quirino Bucci, Head of Project Test Pilot Trainers at Leonardo’s Aeronautics Division.
Microsoft employed some 228,000 employees worldwide as of the end of fiscal 2024
Microsoft said Wednesday it plans to lay off nearly 4% of its workforce, impacting an estimated 9,000 workers.
The news comes just weeks after a reported 3% cut to its workforce affecting roughly 6,000 people.
Microsoft and its big tech peers are facing pressure to trim headcounts as they ramp up spending on artificial intelligence.
Microsoft (MSFT) plans to make more cuts to its global workforce, affecting thousands of workers.
The tech titan plans to slash its headcount by nearly 4%, Microsoft confirmed to Investopedia Wednesday. The cuts could impact an estimated 9,000 workers, and primarily affect sales teams, according to reporting from Bloomberg.
“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” a Microsoft spokesperson told Investopedia.
The latest cuts come just weeks after a reported 3% workforce reduction affecting roughly 6,000 employees. CFO Amy Hood told analysts during the company’s earnings call in April that Microsoft was “building high-performing teams and increasing our agility by reducing layers with fewer managers.” The company employed some 228,000 employees worldwide as of the end of fiscal 2024, with around 120,000 in the U.S., according to a regulatory filing.
Microsoft, along with many of its big tech peers, faces pressure to lower its headcount as it ramps up investments in AI. D.A. Davidson analyst Gil Luria told Investopedia last month that for every year Microsoft continues to invest at current levels, the company could be pushed to eliminate roughly 10,000 positions or allow them to go unfilled.
Many of Microsoft’s big tech peers, including Google parent Alphabet (GOOGL) and Amazon (AMZN), have also made recent cuts. In June, Google extended buyout offers to U.S. employees across the company, expanding the scope of buyout offers earlier in the year.
Shares of Microsoft were little changed in recent trading. They have gained about 17% in 2025 so far.
This week, the 2025 Wimbledon tournament kicked off in London. Just a few days in, a number of celebrity tennis enthusiasts are already sitting courtside in their VIP seats while taking in the matches—including Cate Blanchett, David Beckham, Priyanka Chopra, and Nick Jonas, to name a few. This morning, A-list couple Olivia Rodrigo and Louis Partridge were also spotted at the All England Lawn Tennis and Croquet Club.
While the American singer and English actor typically have a grungier style sensibility, they both played into the signature preppy Wimbledon aesthetic for the outing. (For attendees, dressing up in a country club vibe is half the fun, after all.) Rodrigo traded in her love of mini lace and slip dresses—which she loves pairing with combat boots—in favor of a buttoned-up gingham shirt dress. She added itty-bitty shades. Partridge, meanwhile—who can often be spotted off-duty in baggy trousers or athleisure—went the snazzy route in a navy blazer, khaki trousers, and striped shirt-and-tie combo.
Photo: Getty Images
While there is no official Wimbledon dress code that is enforced, it goes without saying that attendees are encouraged to wear smart-casual pieces—including elegant dresses and smart tailoring. Clearly, Rodrigo and Partridge did their homework before attending the event. While it proved to be a total style-180 for them, their complementary preppy outfits totally work for them. Should this be their new summer fashion mood? Something tells us they will be going back to their downtown-cool wardrobes very soon. But, for now, it’s fun to see them cosplay as posh tennis lovers.
Influenza hemagglutinin subunit vaccines are more effective and offer better cross protection against various influenza virus challenges when combined with a mucosal adjuvant that enhances the body’s immune response, according to a study by researchers in the Institute for Biomedical Sciences at Georgia State University.
The study published in the journal ACS Nano shows that immune cell-derived extracellular vesicles, specifically those from mature bone marrow-derived dendritic cells (which are crucial for immune responses), rather than those from immature dendritic cells, are potent mucosal adjuvants for influenza hemagglutinin vaccines.
The influenza hemagglutinin subunit vaccine is a type of influenza vaccine that primarily contains the surface protein hemagglutinin of the influenza virus. Mucosal adjuvants are substances that can enhance the body’s immune response to foreign materials in the mucosa, such as the surface of the respiratory tract, study authors explained.
Existing seasonal influenza vaccines have limited effectiveness against evolved virus strains, so next-generation, cross-protective influenza vaccines are urgently needed. Recombinant protein subunit vaccines have gained attention in vaccine development due to their safety, ease of large-scale manufacturing and affordability. Protein subunit vaccines can be designed to target specific pathogen components, leading to more focused immune responses.
Studies have found that mucosal immunization is a promising strategy against respiratory infectious diseases because it helps prevent the infection and transmission of respiratory pathogens and exhibits potential cross protection. However, the effectiveness of protein vaccines administered mucosally is limited, so there’s a need for safe and effective mucosal adjuvants. This study investigated the potential of extracellular vesicles derived from mature dendritic cells as mucosal adjuvants for influenza hemagglutinin vaccines.
Prior to this study, the mucosal adjuvant potential of extracellular vesicles derived from mature dendritic cells and the underlying mechanisms of action have been unknown.
Immune cell-derived extracellular vesicles, which play crucial roles in intercellular communication and modulating biological responses, are potent mucosal adjuvants for influenza hemagglutinin vaccines.”
Bao-Zhong Wang, senior author of the study and a Distinguished University Professor in the Institute for Biomedical Sciences at Georgia State
“These vesicles exhibit intriguing immunostimulatory activity both in vitro and in vivo,” Wang said. “Specifically, they effectively activated antigen-presenting cells, macrophages and B cells in vitro, and promoted enhanced recruitment of airway immune cells, early lymphocyte activation and robust germinal center formation in mice.”
The study found that intranasal immunization of mice with the influenza hemagglutinin vaccine plus the extracellular vesicle adjuvant from mature bone marrow-derived dendritic cells elicited significant, cross-reactive, and multifaceted humoral and cellular immune responses at both systemic and mucosal sites, conferring complete protection against homologous and heterologous influenza virus challenges.
The researchers pointed out that extracellular vesicles derived from mature dendritic cells have gained significant attention in immunotherapy and vaccine development because they have a variety of immunologically active molecules crucial for effective presentation of antigens (foreign substances that induces an immune response in the body), as well as cell adhesion and fusion.
“These findings underscore the potential of extracellular vesicles from mature bone marrow-derived dendritic cells as a promising adjuvant or immunomodulatory target for the development of mucosal vaccines,” said Chunhong Dong, first author of the study and a postdoctoral fellow in the Institute for Biomedical Sciences at Georgia State. “Given their biocompatibility and solid adjuvanticity, mature bone marrow-derived dendritic cells represent a promising adjuvant candidate for mucosal vaccine development.”
Additional authors of the study include Lai Wei, Wandi Zhu, Joo Kyung Kim, Ye Wang, Priscilla Omotara and Arini Arsana of the Institute for Biomedical Sciences at Georgia State.
The study is funded by the National Institutes of Health (NIH)/National Institute of Allergy and Infectious Diseases (NIAID).
Source:
Journal reference:
Dong, C., et al. (2025). Mature Dendritic Cell-Derived Extracellular Vesicles are Potent Mucosal Adjuvants for Influenza Hemagglutinin Vaccines. ACS Nano. doi.org/10.1021/acsnano.5c08831.
Metallica makes major moves as ‘Back to the Beginning’ gig nears
Metallica just landed in Birmingham, the venue for this weekend’s Back to the Beginning concert.
The metal titans, who would be performing at the show which would also mark the iconic Black Sabbath’s final live comeback, wasted no time in taking in some of the Paranoid hitmakers’ landmarks.
Taking to their official Instagram, the Fade To Black hitmakers posted a photo featuring their bassist Robert Trujillo standing in front of the Black Sabbath logo on Mr Murals’ astonishing Sabbath mural on Navigation bridge.
They captioned the image: “The kids have landed in Birmingham.”
A second photo was uploaded minutes later, where the legendary front man, James Hetfield, could be seen throwing the devil horns while sitting between Ozzy Osbourne and Tony Iommi on the Black Sabbath Bench on Black Sabbath Bridge.
The rock band’s guitarist and co-founder, Iommi replied to both these posts with the devil horns emoji.
Back to the Beginning, which will be hosted by actor, Jason Mamoa, is set to take place at Villa Park on Saturday, a place where all four original band members of Black Sabbath grew up.
The upcoming concert also boasts arguably the greatest line-up in metal history where alongside Sabbath, Ozzy and Metallica, sets from Guns N’ Roses, Slayer, Pantera, Gojira, Halestorm, Alice in Chains, Lamb of God, Tool, Rival Sons, Anthrax and Mastodon, would all be featured in the show.
Additionally, the Back to the Beginning promoter and producer, Andy Copping, confirmed to Planet Rock that there will be an additional “two or three” surprise acts as well as a revolving stage.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
There’s something bewitching about a glimpse of near-tranquillity, a feathery ripple of emotion or a chuckle in a dark room. Vermeer died young, broken by catastrophe on an enormous scale. Yet we revere him now for the way he savoured instants that would otherwise have gone unnoticed, the skill with which he chronicled flickers of deep but inconspicuous feeling.
For the first exhibition in its freshly refurbished home, the Frick has assembled a trio of blazing, murmuring Vermeers, composed of the simplest ingredients: a pair of women, a pen, a table, a sheet of paper, a ray of light. Each of these scenes of letters being written or delivered provides a tantalising peek into an inner life. We don’t know who is using what words to communicate what thoughts, but we can easily imagine how envious the painter must have been of the serenity he depicted. His own home was deluged with children — 11 of them — and his wife Catharina was surely too busy rousting, feeding, bathing and herding them to enjoy much contemplative hush.
The three paintings are deceptively alike. A splendidly clad woman sits, a maid dressed in practical brown stands, and a letter passes between them, or is about to, on its way to or from the outside world. These works give off the poetic emanations of life’s ordinary prose, the grandeur of stilled actions, half thoughts and interrupted daydreams. The act of writing takes on a numinous halo; even a few seconds of nothing much seem saturated with significance. When you’ve come in off the boiling, roiling, stinking Manhattan streets, these immaculate domestic vignettes, hanging in the Frick’s sort-of-domestic setting, offer an interval of private grace.
In the most characteristic of the three, “Woman Writing a Letter with Her Maid” (on loan from the National Gallery of Ireland, Dublin), an elegant, bejewelled lady in a lace-trimmed bonnet and a bodice of pale-gold silk bends over her correspondence. She is focused on the task, her concentration heightened by the sunshine that spills through stained glass, spotlighting the hand that draws the quill across the gleaming page.
The other character has something else on her mind. She turns towards the window, watching out of the corner of her eye, her lips parted in mute curiosity. The writer’s absorption and the attendant’s distraction are both encapsulated in the stick of sealing wax that’s tumbled to the floor, a lone flourish of messiness that neither of them notices.
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While the maid looks out, we look in, observing from our position on this side of a curtain that now reads as a muted brown but that in Vermeer’s time shone a bright shade of green. The drape pulls back to reveal a tableau that casts viewers as voyeurs — or detectives. We can’t tell what kind of letter the woman is writing (to a shopkeeper? a lover? a family member far away?), what event in the street has caught her maid’s attention, or what hidden meaning lies in the painting on the wall depicting baby Moses being snatched from the Nile. Vermeer doles out information in drops of mystery.
The Frick’s larger “Mistress and Maid” treats the same subject in a contrasting manner. The action glows against a background so dark that it verges on the crypt-like. Vermeer first adorned the wall with a tapestry and then painted over it to keep attention on the human drama. There’s no visible window, yet light shoots in from the left, glinting off the protagonist’s globular earring and the pearls around her neck.
You can see a trace of Caravaggio in the battle between sunshine and shadow and in the theatrical composition that pushes the figures forward into the viewers’ space. And yet there’s no violence or strain, no bolt of revelation, just a polite encounter across class lines. A maid opens her mouth to speak and passes the letter to her employer, who’s sumptuously dressed in yellow and ermine. The wealthy woman has been writing, but she lays down her pen and glances up, fingers thoughtfully grazing her chin. Perhaps her life is about to change, or maybe the moment will be immediately forgotten. What remains is the exquisiteness of not knowing.
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In the “The Love Letter”, which comes from the Rijksmuseum in Amsterdam, we have been exiled from the room entirely. By accident or in secret, we peer through a darkened anteroom, spying on an intimate exchange. The fur-trimmed yellow outfit is familiar and maybe we’ve seen the model before, too, but now she’s playing the cittern — or was, until her maid popped in with a note. Vermeer charges the scene with urgency and hope. The servant reassures the mistress with a soothing smile. A fair-weather seascape on the wall signals smooth sailing ahead.
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That was wishful thinking on Vermeer’s part. In 1672, two years after he painted “The Love Letter”, harsher news arrived in the form of a French invasion of the Netherlands. Suddenly unable to sell his own paintings, saddled with those of other artists that he had on consignment, and burdened with a gaggle of children, he fell apart. “He lapsed into such decay and decadence, which he had so taken to heart that, as if he had fallen into a frenzy, in a day and a half he went from being healthy to being dead,” his widow recounted. He was 43 years old.
Catharina soldiered on by trading art for bread. “The Love Letter” was one of two paintings she handed over to a local baker, hoping to redeem them later. She never did. And so this gently optimistic interior became a form of sustenance in a war zone, the instrument of physical as well as spiritual nourishment. Its survival seems like a miracle, but then man-made beauty, even the quiet kind, turns out to be a sturdy shield against desperation.
To August 31, frick.org
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