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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

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