Andreessen Horowitz Hails 'New Era' in VC With Fresh $7.2 Billion Fund
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Fresh optimism over ether ETF approval that could send prices to new highs — and make way for other crypto funds
It seems more likely that a spot ether exchange-traded fund could arrive as early as this week amid a sudden change of stance by the U.S. Securities and Exchange Commission.MarketWatch - Business -
AstraZeneca kicks off ‘new era of growth’ with aim to hit $80 billion of sales by 2030
The Anglo-Swedish pharmaceutical company’s CEO Pascal Soriot said the announcement marks the start of a “new era of growth”MarketWatch - Business -
Peloton Interactive Gets $1.4 Billion In Fresh Credit
The company will enter a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility.The Wall Street Journal - World -
AstraZeneca targets $80 billion in total revenue by 2030 in 'post-Covid era'
Pharmaceutical company AstraZeneca is planning to increase its total revenue by 75% and release 20 new medicines by 2030, including cancer treatments.CNBC - Business -
In Show of Unity, Putin and Xi Hail ‘New Model’ of Ties Between Powers
At a summit with China’s leader, in Beijing, the Russian president called for stronger economic ties between the countries, as he intensifies his war effort.The New York Times - Top stories -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
Scale AI has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.CNBC - Business -
Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
Artificial intelligence startup Scale AI said Tuesday that it has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.NBC News - Top stories -
Taiwan's New President Serves Up Predictability in Era of Turmoil
Lai Ching-te gave a carefully calibrated inauguration speech that reflected his delicate status at the fulcrum of tensions between the U.S. and China.The Wall Street Journal - World -
The Bezos Earth fund has pumped billions into climate and nature projects. So why are experts uneasy?
Jeff Bezos’s $10bn climate and biodiversity fund has garnered glittering prizes, but concerns have been voiced over the influence it can buy – and its interest in carbon offsets. Late last month, the coronation of Jeff Bezos and his partner Lauren ...The Guardian - World - Climate -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
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Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
New York lawmakers push to block hedge funds’ sovereign bond litigation
Bill seeks to stop ‘vulture fund’ investors from winning high payouts through the state’s courtsFinancial Times - Business - New York -
New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to make defrauded investors whole again.CNBC - Business - New York -
Half of venture firms will ‘fade or fail,’ prominent VC forecasts
As many as half the venture-capital firms will fade or fail, says a prominent player in that space.MarketWatch - Business -
China Vanke Secures Fresh Loan
The major Chinese developer has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of ongoing efforts to temper liquidity pressures as it seeks to finish housing projects.The Wall Street Journal - World - China -
As the AI Gold Rush Barrels Forward, VCs Explain What Kind of AI Startups They Actually Want to Invest In
The key: finding a niche that's hard to replicate.Inc. - Business -
Aegon Backs Guidance, Launches Fresh Buyback
Aegon said it was on track to meet its guidance for a key earnings figure this year after a decline for the first quarter, and launched a new share buyback program of up to €200 million.The Wall Street Journal - Business -
'American Civil Wars' Review: The Era of Continental Divides
In the mid-19th century, Mexico and Canada were both gripped by internal conflicts. The conflagration of war in the U.S. soon followed.The Wall Street Journal - World -
The WNBA enters its Caitlin Clark era
A new generation of stars is boosting the women’s basketball league. Is it ready to capitalise on that success?Financial Times - Business - WNBA -
Liverpool to become 'Taylor Town' for Eras shows
The city will "go all-out with a welcome for Taylor Swift and the Swifties", a councillor says.BBC News - Top stories -
Will the Tatum/Brown-era Celtics finally prove their toughness?
Historically, when the Celtics have been great, they win -- and win fast. All Celtics superstars win titles -- except (so far) the group led by Jayson Tatum and Jaylen Brown.ESPN - Sports -
Pressure is on! Cooper Flagg already being hailed as college basketball's best player, top 2025 NBA Draft pick
College basketball's best incoming prospect has a heavy burden on his shouldersCBS Sports - Sports - NBA -
Weather tracker: Tornado and hail risk as US storm season ramps up again
Low pressure also expected to raise temperatures in eastern Canada and north-east US, while temperatures plummet in west. After a lull in recent weeks, storm season in the US has begun to ramp up again, with 100mph winds and tennis ball-sized hail ...The Guardian - World -
Severe thunderstorms with possible tornadoes, giant hail and high winds forecast to rock the Midwest
Severe thunderstorms are forecast to roll through the Midwest and the upper Great Lakes on Tuesday, bringing possible tornadoes, damaging winds and large hail.NBC News - Top stories -
Meta Faces Fresh Probe Over ‘Addictive’ Effect on Kids
The EU has launched an investigation into Facebook and Instagram’s child protection measures as part of mounting concerns around minors’ use of social media.Wired - Tech -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Vatican makes fresh overture to China, reaffirms that Catholic Church is no threat to sovereignty
The Vatican has made another big overture to ChinaABC News - World -
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RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.The New York Times - Top stories - China -
HP debuts Qualcomm-based laptops/PCs to usher in the personalized AI era
HP unveiled a new class of AI PCs at Microsoft’s AI Vision Event designed for the AI era to empower people to work and create more meaningfully. HP said the way we live and work is no longer confined to a desk; we are creating at home, from the ...VentureBeat - Tech -
Trump campaign deletes video alluding to Nazi Germany era
Republican US presidential candidate had shared social media post saying he would establish ‘unified Reich’Financial Times - Business - Donald Trump -
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.The New York Times - Business - China -
Supreme Court upholds funding structure for CFPB
The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the Constitution's Appropriations Clause.CBS News - Top stories -
Supreme Court Rejects Challenge to CFPB Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.The New York Times - Top stories -
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Water investors have withdrawn billions, says research
A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.BBC News - Top stories -
AstraZeneca Plans $1.5 Billion Manufacturing Facility In Singapore
The Anglo-Swedish pharmaceutical giant plans to build a $1.5 billion manufacturing facility in Singapore to boost its global supply of cancer-killing treatments.The Wall Street Journal - World