VENTURE CAPITAL POST

An Air Canada Boeing 777 carrying 389 passengers and 13 crew members en route to Paris caught fire in one of its engines but safely landed soon after.

Australian supermarket giant Coles announced that it was limiting the number of eggs that customers could buy after traces of avian influenza were detected in several poultry farms in the state of Victoria.

The New Zealand government of PM Christopher Luxzon announced that it would revoke a ban on drilling for oil and gas passed by the previous government of Jacinda Ardern and Chris Hipkins before they were voted out of power.

Microsoft announced a series of new all-digital versions of its Xbox Series X and S consoles and announced new games for the console in its annual Xbox Games Showcase.

A US District Court judge ruled that online review platform Yelp could pursue a lawsuit against ReviewVio for its alleged fraudulent advertising of its ability to remove “bad” reviews from the Yelp website.

The Food and Drug Administration issued a recall to over 800,000 cream cheese items from the Wisconsin-based Schreiber Foods after the company found that it might contain traces of salmonella in them.

Kia America issued a recall of 463,000 of its Telluride vehicles due to an overheat issue involving a stuck slide knob causing overheat in the front power seat motor, which could lead to a fire hazard.

It was recently revealed that former Vatican employee Alfio Maria Daniele Pergolizzi was arrested in a sting operation for attempting to sell back a manuscript he allegedly pilfered from the archives of St. Peter’s Basilica.

Former Tesla board member and clean technology venture capitalist Steve Westly said that he is siding with current board members plotting a coup against the move to increase Elon Musk’s pay package to $56 billion.

It is understood that Robinhood is planning to acquire London-based cryptocurrency exchange Bitstamp with a value of $200 million in cash in a move to expedite its global cryptocurrency expansion.

The Chinese e-commerce company Alibaba has been fast-tracking its global expansion by launching its ‘Alibaba Guaranteed’ service that would be aiming to target small businesses in the United States and Europe.

Goodwill announced the permanent closure of its Milwaukee commercial laundry and linen services facility, which also meant the redundancy of 136 jobs there.

SpaceX’s Starship successfully completed its fourth flight test, making it one step closer to becoming useful for NASA’s Artemis program, while Boeing’s Starliner reached the International Space Station despite suffering multiple helium leaks.

India’s ruling Bharatiya Janata Party narrowly won the 2024 general elections, forcing it to form a coalition and negotiate some economic policies in the near future.

The US Justice Department and the Federal Trade Commission reached an agreement that allowed them to proceed with antitrust inquiries into the significant roles Microsoft, Nvidia, and OpenAI have been doing in the development of artificial intelligence.