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Jailed former Malaysian leader apologizes for fund embezzlement scandal, reiterates his innocence

Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology over the looting of a state investment fund worth billions of dollars “under my watch” while reiterating his innocence

World - ABC News - October 24

Tech boom forces US funds to dump shares to avoid breach of tax rules

Asset managers including Fidelity and T Rowe Price are bumping up against limits on size of large holdings

World - Financial Times - October 25

Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.

Business - CNBC - October 25

How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence

Direct investment in long-term international development projects could boost Americans’ well-being for generations

Business - MarketWatch - October 26

Newsom calls for big boost in funding for California's film and TV tax credit, throwing Hollywood a lifeline

Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.

Entertainment - Los Angeles Times - October 27

Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe

Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AI

Business - Financial Times - October 29

OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round

Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.

Business - Inc. - October 29

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - October 29

Bottom Line: Boeing, Lockheed Martin space venture lobbies up for NASA, FAA funding

Aerospace The United Launch Alliance, Boeing and Lockheed Martin's joint space venture, hired IBEX2 Solutions to lobby on civilian and commercial space issues related to policy and funding from ...

Politics - The Hill - October 30

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