UN Security Council resolution calls for Gaza ceasefire

The body had been at an impasse since the war began in October, repeatedly failing to agree on a ceasefire call. The move by the US signals growing divergence between it and its ally Israel over Israel’s offensive in Gaza. This breaking news story is being updated and more details will be published shortly. Please […]

Baseball star Ohtani 'shocked' by alleged theft

By Brandon Drenon and Madeline Halpert Los Angeles Dodgers pitcher Shohei Ohtani says he is “beyond shocked” that his translator allegedly stole his money for illegal sports betting. The Japanese baseball star’s long-time interpreter, Ippei Mizuhara, was fired by the Los Angeles Dodgers last week after allegations of theft connected to illegal gambling. Ohtani said […]

Jim Harbaugh continues to gush over J.J. McCarthy as possible draft suitors emerge

Jim Harbaugh continued his praise of J.J. McCarthy at the NFL‘s league meetings on Monday, with a division rival hinting that they might be in on the Michigan quarterback. The Los Angeles Chargers head coach doubled down on his take on McCarthy’s standing among the quarterbacks in the 2024 NFL Draft, telling reporters he believes […]

Lucid Motors raises another $1 billion from Saudi Arabia as it searches for luxury EV buyers

Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The company announced in a Monday morning regulatory filing that Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund, has agreed to […]

Spotify throws its hat in the edtech ring

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we look back at the weekend what’s ahead in the week before us. Today on the show we had a lot of ground to cover: […]

Match appoints two board directors after talks with activist investor Elliott Management

Tinder-owner Match Group has appointed two new members to its board of directors and signed an agreement with Elliott Management, the company announced on Monday. Chief marketing officer at Instacart, Laura Jones, and Zillow co-founder Spencer Rascoff, will be joining the board, effective immediately. Match said in a press release that the appointments followed a […]

Fisker loses potential Nissan deal, putting rescue funds at risk

The negotiations between Fisker and a large automaker — reported to be Nissan — over a potential investment and collaboration have been terminated, a development that puts a separate near-term rescue funding effort in danger. Fisker revealed in a Monday morning regulatory filing that the automaker terminated the negotiations March 22. It did not explain […]

FabCuro launches first store in Bengaluru

Home décor and accessories brand FabCuro has opened its first brick-and-mortar outlet in Bengaluru. Located in the metro’s Indira Nagar neighbourhood, the spacious outlet marks the brand’s offline debut.  Inside FabCuro’s first Bengaluru store – FabCuro “The architecture is designed to give every person who walks into the store the complete art connoisseur experience,” said FabCuro’s […]