Vladimir Putin secured an unprecedented fifth term as president of Russia Monday, as the election commission announced the results of a vote in which he faced no serious challenges and which happened amid the strictest crackdown on opposition and free speech since Soviet times. Putin claimed his overwhelming margin was proof that Russians had placed … Read more
The National Payments Corporation of India, the firm that built the eponymous UPI rail in the country, approved Paytm’s application to participate in the payments ecosystem as a third-party application provider, delivering much-needed relief to the financial services firm that serves more than 300 million users and over 10 million merchants in the South Asian … Read more
Inspired Capital is celebrating its fifth birthday with the closing of its Inspired Capital Fund III with $330M in capital commitments. This new amount brings the firm’s total assets under management to nearly $900 million. The New York-based early-stage venture firm was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker. They went … Read more
Voters in St. Maarten have upheld the Dutch Caribbean territory’s main political party, the National Alliance, in general elections SAN JUAN, Puerto Rico — Voters in St. Maarten have upheld the Dutch Caribbean territory’s main political party, the National Alliance, in general elections. The party of the current prime minister, Silveria Jacobs, won four of … Read more
POLAND – 2023/08/01: In this photo illustration, a Coinbase logo displayed on a smartphone with stock server lights in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way … Read more
CAIRO — Egyptian President Abdel Fattah el-Sissi, who has ruled with an unquestioned grip for the past nine years, won reelection to a third, six-year term in office, election authorities announced Monday. He ran against three virtually unknown opponents. El-Sissi recorded a landslide victory, securing 89.6% of the vote, the National Election Authority said. Turnout … Read more
LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform. The new funding comes nearly a year after LineNext released its browser-only beta service — consumer-to-consumer(C2C) marketplace launched on its … Read more
Sam Altman, chief executive officer (CEO) of OpenAI and inventor of the AI software ChatGPT, joins the Technical University of Munich (TUM) for a panel discussion. Sven Hoppe | Picture Alliance | Getty Images Microsoft will have a non-voting board seat at OpenAI, the company announced on Wednesday. The move quells some of the remaining … Read more
Pre-seed and seed companies have a new bucket of capital to go after today. Twelve Below, a New York-based venture capital firm, closed on $108 million in capital commitments. Taylor Greene and Byron Ling started Twelve Below in 2021 after previous careers at Collaborative Fund and Lerer Hippeau for Greene, and Canaan and Primary Venture … Read more
Serbia’s Novak Djokovic kisses the trophy as ATP world best player at the ATP World Tour Finals, at the Pala Alpitour, in Turin, Italy, Monday, Nov. 13, 2023. Djokovic was presented with the trophy for finishing the year ranked No. 1. (AP Photo/Antonio Calanni) TURIN, Italy— Novak Djokovic received his trophy on Monday after securing … Read more