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Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in this new round, Reuters reported, adding that investors are mostly drawn to the startup’s quick traction in the market. Harvey has enjoyed fast growth as lawyers and legal firms around the world find ways to use generative AI tech to simplify research, documentation, and quickly…
Reuters — The leader of a British-based Russian spy ring which prosecutors said carried out surveillance for the Kremlin was sentenced in a London court on Monday to nearly 11 years in jail, as his five team members were jailed for a total of about 40 years. Orlin Roussev, 47, pleaded guilty before trial to one count of conspiracy to spy for Russia after police found thousands of messages between him and Wirecard fugitive Jan Marsalek, who directed the unit of Bulgarian nationals from overseas. Judge Nicholas Hilliard sentenced Roussev to 10 years and eight months in prison, telling Roussev…
Summary Oblivion’s new remastered version looks just as stunning as the original did back in 2006. Using Unreal Engine 5, the remaster has new features, like DLSS and real-time lighting, which make the game look gorgeous in many areas. From Frostcrag Spire in the mountains, to Anvil on the coast, the remaster brings new life to locations all across Cyrodiil. The surprise release of The Elder Scrolls IV: Oblivion Remastered was a delightful treat for both newcomers and longtime fans of the critically-acclaimed series. Unsurprisingly, the remaster quickly found itself high up in Steam’s most played games list during its…
Oil prices fall 4% after Trump raises hopes of a U.S.-Iran nuclear dealCNBC’s Sam Meredith is reporting on falling oil prices, which come amid expectations that the U.S. and Iran could make a nuclear deal.Benchmark Brent crude futures for July delivery were edging toward a 4% drop at around 10:20 a.m. in London.Read Sam’s full story here.Aviva shares rise 3% after earnings reportElsewhere in the insurance industry, Britain’s Aviva reported a 9% annual jump in general insurance premiums in the first quarter of 2025, with the figure coming in at £2.9 billion ($3.85 billion).Aviva said its Protection and Health sales…
Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit.“We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14.He added that the firm has a large balance sheet that can be put to use.The firm revealed in its latest revenue report that its balance sheet has strengthened, ending the first quarter with $9.9 billion in US dollar resources.“Part of the benefit of being a public company is, you have a liquid currency to do that,” he said, adding: “We are looking at acquisition…
BOSTON — Tom Thibodeau is quick to rattle off an entire team’s roster ahead of tipoff. For the reigning champion Celtics, the roster begins with franchise cornerstone Jayson Tatum. And with Tatum out for the foreseeable future after rupturing his Achilles tendon at Madison Square Garden in the fourth quarter of Game 4, Jaylen Brown is next up as the Celtics’ 1A. Then comes Kristaps Porzingis, the former Knicks first-round pick turned-stretch five who the Celtics started in Game 5 alongside Al Horford. But the Celtics are more than just their All-Star names. They are defending champions because they have…
CNN — What began as a festive campaign march quickly turned into a scene of terror in the Mexican state of Veracruz on Sunday night when a mayoral candidate was gunned down alongside three other people. A Facebook live stream captured the horror of that day. It showed Yesenia Lara Gutiérrez greeting residents as she paraded through the streets of Texistepec, surrounded by a caravan of supporters. The crowd was seen smiling and chanting before gunfire suddenly rang out off camera, drowning out their cheers. About 20 gunshots were heard in the video, which was still available on Lara’s Facebook…
Joe Schoen and Brian Daboll carry a .363 winning percentage into their fourth season running the Giants, a humbled organization that owns the NFL’s worst record (40-91, .305) since 2017. So Schoen and Daboll are desperate for a quick start to 2025 after last year’s 3-14 disaster marred the franchise’s 100th season celebration. They skidded to a 1-5 start in 2023 on their way to a 6-11 finish, and last year’s 1-3 stumble in the first four weeks snowballed into the release of Daniel Jones before Thanksgiving. Wednesday’s league-wide schedule reveal, however, signaled that Giants fans probably will need to…
Cassie Ventura, who dated Sean “Diddy” Combs for over a decade until 2018, appeared in court as the star witness during his high-profile sex trafficking trial. The pregnant R&B singer took the stand this week to testify against the disgraced music mogul. Her harrowing testimony revealed graphic details on everything from freak-offs and drug use to the emotional and physical abuse she endured throughout their 11-year relationship. Here’s a roundup of the most shocking bombshell moments of Ventura’s testimony during trial. How Cassie’s relationship with Diddy started The duo met when the Bad Boy Records founder signed then 19-year-old Ventura…
CNBC’s Jim Cramer reviewed why certain stocks that are usually considered safe bets — like pharmaceuticals or consumer packaged goods — weathered losses on Wednesday.”In a very uncertain tape for what used to be called ‘safety stocks,’ I’d rather just own a piece of paper like the 10-year Treasury, where, if worst comes to worst, at least I get my money back,” he said.Cramer pinpointed a few reasons several stocks with solid dividends declined today — namely, rising bond yields, especially the 10-Year Treasury. He also stressed that Robert F. Kennedy Jr., the Health and Human Services secretary, is a…