The Independent

Indian conglomerate Bharti Global is poised to become a 24.5% shareholder in BT, buying French media giant Altice’s stake in the firm, it said on Monday.The business giant said it has entered into a binding agreement with Altice to buy a 9.99% stake in BT.A further 14.51% stake is pending national security clearance from the UK Government, it said, adding that it has “no intention of making an offer to acquire the company”.Bharti Global said the investment is “a vote of confidence in the UK as an attractive global destination for investment, with a stable business and policy environment attractive...

Indian telecoms giant Bharti to take 24.5% stake in BT

Chicago-based Valor Equity Partners closed its latest flagship fund at $2.35 billion, showcasing investors’ appetite for more high growth opportunities. Another $1 billion in commitments came in from Valor Siren Ventures II, a venture strategy, and the Valor Opportunity Fund, a later stage growth fund -- bringing the committed capital tally to $3.4 billion. Valor […]

Valor Equity Partners raises $2.35bn for flagship strategy

Artificial intelligence (AI) firm Groq has raised $640 million in a funding round led by BlackRock Private Equity Partners. Other existing and new investors included Neuberger Berman, Type One Ventures, and strategic investors, including Cisco Investments, Global Brain’s KDDI Open Innovation Fund III, and Samsung Catalyst Fund. Online investment platform OurCrowd also claims Groq as a portfolio company, although it does not appear they participated in this round. The valuation of the funding round was not made avaiable.

OurCrowd Portfolio Company Groq Raises $640 Million in New Funding Round

Port Richey, FL

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Akeena

Florida’s buffet lovers are in for a shocker as the popular Royal Sushi Buffet & Hibachi in Port Richey has been temporarily shut down following a state inspection. This isn’t the first time the eatery has faced such trouble, but the recent closure has sparked quite a buzz among its loyal patrons and food enthusiasts alike.

Live roaches, flying objects in the kitchen and soiled shelves- Buffet closed again in Florida

Los Angeles, CA

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L.A. TACO

In which L.A. TACO's Hadley Tomicki fills you in on the most exciting new restaurants, pop-ups, and food events cracking in and around Los Angeles. Razo's Fish Tacos set ups on the streets of North Hollywood from 6-10 PM every Wednesday through Saturday. The stand makes fresh seafood tacos on the spot, from a simple and short menu offering tacos with battered and fried lobster, Baja-style fish, shrimp, and octopus, as well as a taco mixta with shrimp-and-fish, served on flour tortillas.

What To Eat This Weekend In L.A.: Colombian Ceviche De Chorizo, Knafeh Chocolate Bars, Lobster Tacos, and $11 Steak Frites

All of the investments made this year by Bezos' family office — called Bezos Expeditions — have been in artificial intelligence, according to data provided to CNBC by FINTRX, a private wealth intelligence platform. Bezos Expeditions has always tilted heavily toward tech. Fully 70% of the family office's...

Jeff Bezos' family office is making big investments in AI

Raleigh, NC

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Town Talks

Big cities are known for their hustle and bustle, drawing people in who crave excitement, variety, and entertainment. But bigger isn’t always better, or at least not for Raleigh, North Carolina.

North Carolina City Named The Most Boring Town in the State

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Chinese startup Human Horizons, the company behind the HiPhi performance EV brand, has filed for pre-bankruptcy restructuring, Bloomberg reported on Friday. Human Horizons filed an application for restructuring with a court in Yancheng, the eastern Chinese city where its factory is located, saying its assets could no longer cover debt as of April, according to the report, which cited court documents dated Aug. 9. This comes after failed attempts by Human Horizons to seek additional funding, according to Chinese media reports.

Chinese EV startup Human Horizons files for bankruptcy

Janus Henderson announced plans to buy a majority stake in Victory Park Capital Advisors, a global private credit manager. Chicago-based Victory Park boasts a track record spanning almost two decades of offering customized credit solutions to both established and emerging businesses. The acquisition, scheduled to close in the fourth quarter of 2024, is thought to […]

Janus Henderson to buy private credit firm Victory Park

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Tuesday, August 13th

Business Insider

Ten Dell employees told Business Insider that they are bracing for further rounds of layoffs as the company rolls out its new AI strategy.

Dell staff say they aren't surprised about layoffs following its AI pivot

Entrepreneur

Alexandr Wang dropped out of MIT to create his own AI startup. His net worth is now $2 billion.

These Are the AI Skills You Should Learn Right Now, According to the World's Youngest Self-Made Billionaire

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

Indian telecom and tech giant Bharti, the parent company of Airtel, has announced an acquisition in the global telecommunications sector. As reported by Techcrunch, Bharti will purchase a 24.5% stake in British Telecom (BT) from Altice, a deal valued at approximately $4 billion. This acquisition will make Bharti the largest shareholder in BT, the U.K.'s former incumbent telecoms carrier.

Bharti Acquires 24.5% Stake in BT for $4 Billion, Strengthening 5G, AI Collaboration

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue organization in Massachusetts, recently shared their furry friends who have been waiting the longest to find their forever homes. From a puppy who is housebroken and loves toys to a little five-year-old dog who is a great snuggle buddy and loves other dogs, each dog is unique but has one thing in common- they need a family who will love them. Get to know these five great dogs below, and don't forget to leave a comment to let me know which pup stole your heart!

Local Animal Rescue Shares Dogs Who've Been Looking For Love The Longest

Texas State

Austin, TX

The Teacher Retirement System of Texas in Austin added to its infrastructure exposure with a new allocation last month, according to recently released information. Trustees of the $192 billion fund also approved changes to the fund’s asset allocation, including a reduction of the pension fund’s private equity target to 12% from 14% of asset. The […]

Texas Teachers assign $75m to infrastructure fund

North Carolina State

The 82nd anniversary of one of World War II’s strangest sagas — the sinking of the USS Cythera off North Carolina — passed unnoticed in 2024, largely because the mystery remains unresolved.

WWII mystery turns 82: Torpedo-struck ship and its crew vanished off NC coast in 1942

Florida State

Jacksonville Today

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

NewsBreak

London VC firm Balderton Capital raises $1.3bn for European tech investments

Balderton Capital, a leading European venture capital firm, has announced two new funds totaling $1.3 billion to support ambitious tech entrepreneurs across the continent. The firm...

London VC firm Balderton Capital raises $1.3bn for European tech investments

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