DEIR AL-BALAH, Gaza Strip — Brazil’s president alleged Saturday that Israel is committing genocide against Palestinians, doubling down on harsh rhetoric after stirring controversy a week earlier by comparing Israel’s military offensive in Gaza to the Nazi Holocaust. Israel has vehemently pushed back against genocide claims, saying its war is targeting the militant group Hamas, … Read more
STORY: Adidas is getting over its breakup with Kanye West. The German sportswear giant parted ways with the rapper after he made antisemitic comments. That cost it big sales of his Yeezy line of sneakers. But on Wednesday the firm said its earnings were on the mend. It forecast a near-doubling in operating profit to … Read more
Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022 raise. Eldridge and existing backers … Read more
FTX’s multibillion-dollar cryptocurrency blowup hasn’t destroyed all faith in the industry. In a new documentary premiering Monday, FTX customers, insiders and investors tell CNBC that despite not receiving a single dollar’s worth of cryptocurrency back, they’re optimistic on the industry and plan to keep investing. Evan Luthra, an app developer, entrepreneur and angel investor, told … Read more
Making protein out of mushrooms is just not a brand new idea; nevertheless, Sufficient believes its expertise — and the power to scale manufacturing rapidly — will set it aside. The Scotland-based firm grabbed €40 million ($43.5 million in right this moment’s {dollars}) in new development funding to check out that concept. Sufficient is pumping … Read more