Sequoia’s former Indian arm reaps benefits of investors moving money from China
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FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
X finally moves away from Twitter.com
The social platform X, formerly known as Twitter, has taken the final step to complete it rebrand, ditching Twitter.com. The site’s URL now reads X.com, a pop-up told users. The change comes about a year and a half after billionaire Elon Musk ...The Hill - Politics -
An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
Former Rams, Lions DL Brockers retires from NFL
Veteran defensive lineman Michael Brockers announced his retirement from the NFL on Wednesday.ESPN - Sports - NFL -
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Microsoft offers staff to relocate from China
Offer comes as tensions rise between Washington and Beijing over sensitive technologyFinancial Times - Business - Microsoft -
China must learn from Japan’s ‘lost decades’
The consequences of the world’s second-largest economy being sucked into a deflationary spiral would be severeFinancial Times - World - China -
Source: Chelsea get extra £5m from Hazard move
Chelsea are set to land a bonus in the region of £5 million as part of Eden Hazard's transfer to Real Madrid in 2019, a source has told ESPN.ESPN - Sports - Premier League -
Giants activate Soler from IL in series of roster moves
The Giants activated Jorge Soler from the injured list and recalled Mason Black from Triple-A in a series of roster moves before Friday's game against the Rockies.Yahoo Sports - Sports - MLB -
Dali, Cargo Ship That Crashed Into Baltimore Bridge, Heads Back to Port
The Dali, which had been pinned under wreckage of the Francis Scott Key Bridge since late March, was refloated early Monday and returned to a berth in Baltimore.The New York Times - Top stories -
Ship that destroyed Baltimore bridge is moved from crash site for 1st time
The cargo ship that struck the Francis Scott Key Bridge in Baltimore in March was moved from the crash site on Monday morning.ABC News - Top stories -
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
5 big takeaways from Day 19 of Trump's hush money trial
Prosecutors in the first criminal trial of a former U.S. president rested their historic case Monday after presenting 20 witnesses and more than 200 pieces of evidence.ABC News - Top stories - Donald Trump -
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New Game From Former GTA Boss Will Be Introduced Via An Upcoming Audio Series
Absurd Ventures, the studio created by former GTA boss Dan Houser, has announced that its upcoming video game universe, A Better Paradise, will kick off with an audio series that's scheduled to release on June 10 on all major podcast platforms.The ...GameSpot - Tech -
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Biden Moves to Protect U.S. Solar Panel Makers From Cheap Chinese Imports
Added tariffs and better access to subsidies for domestically made panels will play to voters and could further the U.S. adoption rate for sustainable power equipment.Inc. - Business - Joe Biden -
Dali cargo ship will move from the site of Baltimore bridge collapse ‘within days,’ Gov. Moore says
The Dali cargo ship, which collided with the Francis Scott Key Bridge in Baltimore before the bridge collapsed, will be moved out of the channel “within days,” Maryland Gov. Wes Moore says.NBC News - Politics -
2024 PGA Championship prize money, purse: Payouts for Xander Schauffele, golfers from $18.5 million pool
This year's purse represents the largest in PGA Championship historyCBS Sports - Sports -
Trump trial turns rowdy as defense mounts its case in hush money trial
Former President Trump's hush money trial briefly devolved into a rowdy scene on Monday after the judge admonished a witness brought to the stand by Trump's defense team. The witness, lawyer Robert Costello, elicited a tense exchange with Judge ...The Hill - Politics - Donald Trump -
The Indian film at Cannes made by half a million farmers
Manthan, a film produced by India's farmers, premieres at Cannes almost half a century after it was made.BBC News - Top stories -
Steve Jobs' former intern reflects on working for the tech mogul: 'I worked 20 yards away from him every day'
Steve Jobs' former intern is now a tech CEO who sold his company to Google. He attributes much of his success to his time working at NeXT.CNBC - Business -
Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
‘I see my greedy in-laws as misogynists’: I was a stockbroker in the 1980s and always kept my money separate from my husband’s. Is such self-protection justified?
“The biggest surprise when we got married was that my husband’s family saw me as a paycheck, even though they are all educated.”MarketWatch - Business -
Workplace flexibility is the most used, wanted benefit among caregivers: AARP
A flexible schedule is the workplace benefit most used among family caregivers, according to an S&P Global and AARP survey published Thursday. S&P Global and AARP conducted a survey of 1,200 full-time and part-time employees last fall who said ...The Hill - Politics -
For decades, states have taken foster children's federal benefits. That's starting to change
States have for decades been using foster children's federal Social Security benefits to help cover the costs of state servicesABC News - Health -
U.S. travelers are hungry for international travel. These stocks will likely benefit.
“Airports are bracing for a spike in travelers.”MarketWatch - Business -
Harris says more Indian American representation is needed in government
Addressing a crowd of Indian Americans this week, Vice President Kamala Harris asserted the importance of voting and running. But Biden and Harris approval among the group has fallen.NBC News - Top stories -
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Indian Voters Are Being Bombarded With Millions of Deepfakes. Political Candidates Approve
India’s elections are a glimpse of the AI-driven future of democracy. Politicians are using audio and video deepfakes of themselves to reach voters—who may have no idea they’ve been talking to a clone.Wired - Tech -
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Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
Silicon Valley's Biggest Investor Is Canadian
The geography of investing showed some surprises in the first quarter. But deals remain muted in a high-interest environment.Inc. - Business -
Business locked in expensive AI 'arms race'
Business leaders feel pressure to invest in AI but the costs are formidable.BBC News - Top stories -
Armed robbers hit luxury jewelry store in Paris
French police are hunting for armed robbers who hit a jewelry store on one of Paris' poshest streets.CBS News - Top stories -
Pitcher perfect: These 3 teams have no problem with arms
Also, Shohei Ohtani hit his first walk-off as a Dodger, and Kody Clemens' bat came through for the Phillies.Yahoo Sports - Sports -
Your Social Security benefits won’t disappear after 2035 — even if Congress doesn’t act
The average monthly payment in 2036 will be $2,077 — versus $1,907 now.MarketWatch - Business -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World