The Mittal family and vaccine billionaire Adar Poonawalla are set to acquire Rajasthan Royals, marking one of the most valuable and extensive franchise deals in cricket history, with international teams included. The Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, has struck a definitive agreement to acquire Rajasthan Royals in partnership with vaccine billionaire Adar Poonawalla, in a transaction valued at about $1.65 billion, according to Mint and corroborating reports from Indian business media. If completed, the deal would give the Mittals roughly 75% of the franchise, with Poonawalla taking about 18%, while the remaining 7% would stay…
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Broad gains across Tel Aviv’s main indices were driven by buoyant construction and technology sectors amid speculation of more aggressive interest rate cuts by the Bank of Israel, boosting trading volumes and sector rotation. Friday’s session on the Tel Aviv Stock Exchange ended with broad gains, as the main benchmarks…
The Supreme Court approaches May 2026 with a docket poised to redefine agency authority and reshape legal landscapes across sectors, impacting regulatory enforcement and corporate risk strategies. The Supreme Court is heading into May 2026 with a docket that is already shaping the legal and commercial landscape well beyond Washington.…
The US Environmental Protection Agency has announced a rolling public list of confidentiality claims under TSCA that are set to expire, prompting companies to review and renew their submissions before the June 2026 deadline to protect sensitive information. The US Environmental Protection Agency has begun publishing a public list of…
London-based biotech BioOrbit has raised £9.8 million in seed funding to develop space-based manufacturing of biologic medicines, aiming to revolutionise drug production and accessibility within the next decade. A London biotech co-founded by Dr Katie King and Dr Leonor Teles has raised £9.8 million in seed funding to pursue an…
Indian equities face a volatile week amid ongoing state assembly elections and rising crude prices, with geopolitical tensions and global cues further shaping short-term market movements. Indian equities are set for a volatile week as investors weigh the results of five state assembly elections against the drag from firmer crude…
The European Central Bank and the Bank of England are re-evaluating their monetary policies amid rising energy costs driven by Middle East tensions, with possible rate hikes on the horizon despite recent market expectations of easing. The European Central Bank and the Bank of England are shifting back towards a…
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Epoch AI’s latest benchmarking roundup highlights how Chinese and open-source AI models are swiftly narrowing the performance gap with top-tier international models, driven by architectural innovations and increased investment, but still face challenges in mathematical reasoning and deployment stability. The year-end benchmarking roundup released by Epoch AI paints a picture…
OpenAI unveils a new feature allowing users to view playful, personalised annual summaries of their ChatGPT conversations, signalling a boost in AI-driven engagement but raising privacy and regulatory considerations amid the platform’s explosive growth. OpenAI’s new “Your Year with ChatGPT” recap, unveiled in late December 2025, packages a user’s conversations…
Salesforce enters 2026 navigating a volatile market with significant growth in agentic AI solutions like Agentforce and Data 360, but faces investor caution over the reliance on large language models and the need for deterministic governance as it integrates new platforms and data capabilities. Salesforce is entering 2026 with its…
Jennifer Rothman, a USC law professor and rights expert, warns that current legislative efforts to regulate AI-generated digital replicas risk creating lasting, transferable property rights over individuals’ voice and likeness, potentially infringing on personal liberty and privacy. There were so many things Jennifer Rothman wanted to ask me before our…
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As UK local authorities adopt AI-driven solutions to modernise services and reduce administrative burdens, they balance early operational gains with the need for robust governance, transparent communication, and safeguarding citizen trust amid ongoing ethical and data protection concerns. At the beginning of 2025 the Department for Science, Innovation and Technology…
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