Tag results for: Business

ACME Raises An Impressive $300 Million

ACME Capital, an early-stage venture firm that’s run by industry insiders Scott Stanford and Hany Nada, has just closed two funds totaling $300 million in capital commitments, including a $240 million early-stage fund and a $60 million vehicle for later-stage bets. The money is significant given that the outfit’s last fund closed with $181 million in commitments in 2019 —...

DirectTV and Dish Network In Merger Talks…Again.

DirecTV and Dish Network are in fresh talks to merge after years of on-again, off-again wrangling and multiple clampdowns from federal antitrust officials, according to multiple sources close to both firms. The satellite-TV giants attempted a merger nearly two decades ago but the Federal Communications Commission and the Justice Department’s antitrust division stopped it. Two years ago, the DOJ also...

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Ukrainian National Sentenced for Role in REvil Ransomware Operation

A Ukrainian man was sentenced to 13 years and seven months in prison on Wednesday for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the U.S....

Lithuania Presidential Election: Key Issues and Expected Results

May 12 2024 will witness the first turn of Lithuania's presidential election. The outgoing President, Gitanas Nauseda, is running for a second term, while the opposition faces difficulties in gathering votes. Political and electoral system In...

Russian Troops Breach Chasiv Yar, Ukrainian Defenses Struggling

According to both Russian and Ukrainian military bloggers, Ukrainian defenses have been breached in Chasiv Yar and Russian shock troops have entered the city. Elite Russian Troops Spearheading Thrust At approximately 2250 EST on April 30th,...