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TechCrunchAvendus, India's top venture advisor, confirms it's looking to raise a $350 million fund
Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs, said its managing partner Ritesh Chandra in an interview with TechCrunch. TechCrunch reported in early April that Avendus was putting together a plan to raise a new fund.
- Yahoo News
Trump trial updates: Closing arguments concluded, jury in hush money case will begin deliberations on Wednesday
After more than 10 hours in court on Tuesday hearing closing arguments in former President Donald Trump’s trial on charges he falsified business records to conceal a hush money payment to adult film actress Stormy Daniels, jurors will begin their deliberations on a verdict on Wednesday.
- Yahoo Sports
French Open 2024: How to watch the Coco Gauff vs. Tamara Zidanšek match
It's time for the clay court Grand Slam at Roland Garros. Here's how to tune into Gauff vs. Zidanšek.
- Yahoo Sports
French Open 2024: How to watch the Iga Swiatek vs. Naomi Osaka match
It's time for the clay court Grand Slam at Roland Garros. Here's how to tune into Swiatek vs. Osaka.
- Yahoo Sports
Negro Leagues statistics to be officially integrated into MLB historical record
The move comes more than three years after Major League Baseball announced it would be elevating the Negro Leagues to major-league status.
- Yahoo Sports
As weather plagued the Indy 500 and Coke 600, Kyle Larson learned how tricky double duty can be
Larson never climbed into his Cup Series car after the Indy 500 thanks to the rain-shortened Coca-Cola 600.
- Yahoo Sports
Shohei Ohtani progressing to throwing ball from 60 feet in recovery from elbow surgery
Shohei Ohtani has progressed in his throwing program as he recovers from elbow surgery. He's expected to pitch for the Los Angeles Dodgers next season.
- Yahoo Sports
Christopher Bell wins weather-shortened Coca-Cola 600; rain spoils Kyle Larson's attempt at Indy-Charlotte double
Weather stoppages in Charlotte and Indianapolis spoiled Kyle Larson's ambitious Sunday plans.
- Yahoo News
Trump criminal charges guidebook: Here are all 88 felony counts against the former president across 4 cases
Yahoo News breaks down exactly what Trump is being charged with in each case as well as the judges, prosecutors, co-defendants and key dates.
- Yahoo Sports
Joe Buck's return to MLB broadcasting gets rained out in Cubs-Cardinals
Mother Nature turned out not to be a fan of Joe Buck.
- Yahoo Life Shopping
This luxe Intex float has a removable canopy and it's over 25% off: 'An absolute dream'
Here's your ticket to idyllic idling! There's room for two ... but we say this baby's all for you: 'Like a little vacay.'
- Yahoo Life
The West Nile virus is detected in Houston and other parts of the U.S. Should you be worried about mosquito-borne illnesses?
Experts address West Nile virus, dengue fever and malaria concerns.
- Yahoo Finance
The White House keeps talking up Fed independence. It could be a 'message' to Wall Street.
The White House has made it clear in recent weeks that President Biden and his allies see the independence of the Federal Reserve as a 2024 campaign issue. The audience may not be swing voters.
- TechCrunch
ESA prepares for the post-ISS era, selects The Exploration Company, Thales Alenia to develop cargo spacecraft
The European Space Agency selected two companies on Wednesday to advance designs of a cargo spacecraft that could establish the continent’s first sovereign access to space. The two awardees, major aerospace prime Thales Alenia Space and French startup The Exploration Company, will receive €25 million ($27 million) each to advance concepts for vehicles that can transport cargo to and from stations in low Earth orbit. The aim is to have at least one capsule conducting a demonstration flight to the International Space Station (ISS) in 2028 and to have a cargo transportation service online by the end of the decade.
- Yahoo Finance
Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its dividend and announcing a 10-for-1 stock split.
- Yahoo Sports
Padres place 4-time All-Star Xander Bogaerts on injured list with fractured shoulder
Bogaerts' injury is worse than initially feared.
- TechCrunch
Meta’s new AI council is composed entirely of white men
Meta on Wednesday announced the creation of an AI advisory council with only white men on it. Women and people of color have been speaking out for decades about being ignored and excluded from the world of artificial intelligence despite them being qualified and playing a key role in the evolution of this space. Meta did not immediately respond to our request to comment about the diversity of the advisory board.
- Yahoo Sports
MVP Nikola Jokić headlines All-NBA teams alongside Shai Gilgeous-Alexander, Luka Dončić
The All-NBA selection was the sixth for Jokić, who was awarded his third MVP trophy in four seasons on May 8.
- TechCrunch
FCC proposes all AI-generated content in political ads must be disclosed
The Federal Communications Commission (FCC) has floated a requirement that AI-generated content be disclosed in political ads — but not banned. Chairwoman Jessica Rosenworcel made the official proposal Wednesday that the FCC investigate and seek comment on such a rule. "Consumers have a right to know when AI tools are being used in the political ads they see, and I hope [the commissioners] swiftly act on this issue," she said in a statement accompanying the announcement.
- Yahoo Finance
Volkswagen delays electric sedan launch in US, Canada citing 'market dynamics' as EV demand wanes
After a splashy New York City debut only one year ago, Volkswagen is reversing course and now says its ID.7 EV sedan isn’t coming to North America — at least for now.