Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years, this time to a European publisher looking to expand its coverage of the digital scene. Switzerland-based Keleops didn’t disclose how much it paid for Gizmodo in its Tuesday announcement of the deal. Gizmodo was part of a $135 million deal in 2016 when Univision Communications bought its previous owner, Gawker Media, after that company filed for bankruptcy in the fallout from a losing legal battle with former professional wrestler Hulk Hogan. Univision subsequently sold Gizmodo and the satirical publication The Onion to Boston investment firm…
Author: insighter
Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | ReutersThe election outcome in India has turned out to be a huge political blow for Prime Minister Narendra Modi and his ruling party, and has significant implications on how he intends to govern the country, observers say. Modi did not get the landslide victory that was widely predicted by exit polls ahead of results. Instead, he will enter his third term with a much-weaker mandate than initially anticipated.His Bharatiya Janata Party lost dozens of seats bringing…
Raman Bhatia, incoming chief executive officer of Starling. Bhatia moved over from OVO Energy Ltd., where he was CEO. Zed Jameson | Bloomberg | Getty Images AMSTERDAM — Digital bank Starling will not re-apply for a European Union banking license and instead pursue international expansion through its software business, the incoming CEO said, in a diverging approach to overseas growth from some of its rivals. Starling is among the U.K.’s breed of so-called “neobanks” — digital-only banks that usually have no branches. It started life in 2014, has racked up 4 million customers and was last officially valued at £2.5…
It can be confusing to understand whether you’re a dependent or independent student for FAFSA and financial aid purposes. Given the current cost of higher education, college students need all the help they can get when paying for college. There are a variety of different ways to pay for college, including paying your own way, scholarships, grants, and student loans. Nearly all forms of financial aid start with filling out the Free Application for Federal Student Aid (FAFSA) form that is made available by the U.S. government. And one of the key sections of the FAFSA form is determining whether…
When people visit romantic Paris this summer, the last thing they want to think about is possibly contracting dengue fever. The mosquito-borne disease has been on the uptick in France for several months amid warmer temperatures. The timing isn’t great—it’s a big summer for the country as it’s hosting the Olympics starting late July, which promises to bring in millions of visitors in addition to the usual tourist crowd. So, France has put its “dengue detectives” to task. They’ll track down disease hotspots, seek out mosquito eggs, and help curb the spread of the virus in French cities. “It’s true…
The Texas flag is seen before the game between the Houston Cougars and the Texas Longhorns at TDECU Stadium on Oct. 21, 2023 in Houston. Tim Warner | Getty Images Sport | Getty Images BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas. TXSE Chairman and CEO James Lee said the Dallas-headquartered group has raised $120 million with the support of more than two dozen investors. “Texas’s booming economy and the strong economic and population growth among states in the southeast quadrant of the U.S. present incredible opportunities for…
There’s nothing quite like breezing down a highway with the windows down, the wind in your hair and a cooler full of sodas in the back seat. Whether you’re traveling alone or enjoying a road trip with friends or family, you’ll want to be sure that you’re covered with travel protections on your drive. This is as true whether you’re embarking on a classic American road trip — like U.S. Route 66 — are or braving the roadways in a foreign country, in your own car or a rented vehicle. Let’s take a look at road trip travel insurance,…
India’s markets saw their worst one-day loss in about four years as the electoral performance of Prime Minister Narendra Modi’s ruling Bharatiya Janata Party fell short of expectations. The Nifty 50 plunged 5.93% on Tuesday, while the BSE Sensex lost 5.74%, marking their largest loss since 2020. The All India Market Capitalization index, tracked on the Bombay Stock index, lost over 31.06 trillion rupees, or about $371 billion on June 4 alone. The losses on Tuesday meant the Sensex index erased all its gains this year in a single day, going from a 5.85% year-to-date gain on Monday to a…
Two companies, Boeing and Airbus, have dominated the aviation industry for decades. But Boeing’s recent struggles with safety this year, as well as production shortages for both planemakers, could be pushing carriers to wonder whether it’s time to change up the competitive landscape. “We need more competition in the aerospace business,” United Airlines CEO Scott Kirby said on the Air Show Podcast, according to aviation outlet The Air Current. Kirby said his airline wasn’t ready to splurge on planes from a non-Airbus, non-Boeing manufacturer just yet, but that it has “just started thinking” about cultivating a new supplier. Boeing is…
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A diamond necklace in a Harrods department store in London.Leon Neal | Afp | Getty Images”A diamond is forever,” but perhaps not for the increasing number of consumers spurning the gemstone for lab-grown counterparts, gold and even other colored gemstones.The slogan was coined by diamond giant De Beers in 1948, capturing the impression of security and romance. But not all relationships withstand the test of time.The company’s largest shareholder Anglo American plans to divest De Beers as it restructures its business after rejecting a takeover bid from BHP. Anglo American CEO Duncan Wanblad told the Financial Times that selling De…
SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.After a prolonged period of high inflation — and interest rates — banks in the region are starting to navigate the global trend of lower rates. They’re also facing technological innovation that has the potential to transform the sector, as generative AI gains traction around the world.Against this backdrop, CNBC and market research firm Statista surveyed 22,000 individuals with a checking or savings account in 14 major economies. The report below — the first of its kind — is designed to…