U.K.-based limited partners Venrex and Samos Investments are this week backing the launch of a new VC primarily aimed at investing in startups led by Ukrainians inside and outside the war-torn country. The LPs are better known for being early institutional investors in the successful early stage startup funds Seedcamp and Entrepreneur First. 1991 Ventures is the … Read more
On home turf Apple has enjoyed many years of relatively light regulatory scrutiny compared to Big Tech peers. The US Department of Justice (DOJ) opened a monopoly case against Google back in October 2020, for instance. It followed with a second antitrust case at the start of last year, targeting Google’s adtech. While the FTC … Read more
BEIJING — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years. “This … Read more
WASHINGTON (AP) — President Joe Biden ‘s growing frustration with Israeli Prime Minister Benjamin Netanyahu continues to mount, with the Democrat captured on a hot mic saying that he and the Israeli leader will need to have a “come to Jesus meeting.” The comments by Biden came as he spoke with Sen. Michael Bennet, D-Colo., … Read more
A new One Piece card game shop has opened in Brighton, and represents an “evolution”, Bandai Namco has said to NME. The store opened on North Street in Brighton on February 23. Brighton was chosen due to the city being a “thriving cultural hub” and the One Piece Card Game shop being a “perfect fit and addition for … Read more
A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years. Weighed down by investors’ concern about the broader Chinese economy, shares of Yum … Read more
IMF Executive Director and former Chief Economic Advisor of India, Dr Krishnamurthy V. Subramanian addresses a press conference. Hindustan Times | Hindustan Times | Getty Images India is ‘easily’ the fastest growing economy in the world, IMF executive director Krishnamurthy Subramanian said, as the country’s third-quarter GDP growth blew past analysts’ estimates. At 8.4%, India’s … Read more
Chinese automaker Geely unveils first model of its new Lynk & Co brand in Berlin. Ullstein Bild Dtl. | Ullstein Bild | Getty Images BEIJING — Companies from Nvidia to Huawei are chasing the market for in-vehicle tech as the electric car industry booms, with Ecarx emerging as a new contender. Since 2017, Chinese car … Read more
Olivia Rodrigo is officially an adult! The actress and singer turned 21 years old this past week, on Tuesday (February 20), and she kicked off her Guts World Tour just three days later on Friday night (February 23). At the opening night of her tour, she revealed a couple things she recently purchased since turning … Read more
If Ed Brubaker is getting tired by now, he isn’t showing it. Twenty-three years after he first teamed up with artist Sean Phillips (on an out-of-continuity Batman noir story called Gotham Noir), the comic writer has been around the block more than few times. Dave Bautista Opens Up About His Relationship With Denis Villeneuve He … Read more