FIFA scraps private investment plan

FIFA President Gianni Infantino says the global football governing body is scrapping a controversial proposal to allow private investment in marquee events. Photo: AFP/File PARIS: FIFA president Gianni Infantino said on Saturday he has scrapped a plan to allow private investment in the World Cup following fierce backlash from football officials worldwide. “Our purpose has…

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Samsung expects reminiscence scarcity to worsen via 2027 and final till 2028

Samsung expects reminiscence scarcity to worsen via 2027 and final till 2028

The continued scarcity of RAM chips will not be solely anticipated to persist into the following 12 months, however will probably intensify in 2027, with tight provide situations lasting till not less than 2028, in accordance with Samsung, which manufactures and provides roughly a 3rd of the world’s reminiscence chips. Samsung mentioned in its Q2…

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VC-backed startups commit more fraud, and researchers think they know why  

A new report from the U.K.’s Imperial College and France’s Emlyon Business School has mapped out the ways Silicon Valley’s VC-backed founders commit fraud — and the role investors play. For the report, published online in June, researchers built a database of tech founders and companies who faced civil and criminal securities fraud prosecutions from…

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Arshad Nadeem crashes out of CWG

Arshad Nadeem crashes out of CWG

Nadeem appeared fully off-colour as he bowed out early within the 12-man ultimate, leaving followers shell-shocked KARACHI: In a stunning flip of occasions, Pakistan’s Olympic gold medalist Arshad Nadeem failed miserably to defend his Commonwealth Video games crown, delivering a dismal efficiency on the Scotstoun Stadium in Glasgow on Friday night time. The javelin famous…

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Contemporary off its Wiz payout, Index Ventures raises B throughout three funds

Contemporary off its Wiz payout, Index Ventures raises $2B throughout three funds

Index Ventures has raised $2 billion in contemporary capital throughout three funds, the agency introduced on Friday. The 30-year-old agency raised $400 million for its new seed-focused fund and $900 million for its enterprise fund. Index additionally added $700 million to a $1.5 billion progress fund raised in 2024, bringing its complete accessible capital to…

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