Venture capital firm based in New York, focused on technology investments.
A wave of open-source AI efforts is decentering power from leading firms. River AI plans to ship trainable AI to households, while Thrive Holdings ramps up funding to push AI into traditional services. The landscape is shifting as investors back open-source and practical AI deployments.
FIFA has proposed selling up to 20% of a new commercial arm, FIFA Forward Enterprise, to raise about $4.2bn and offer one‑off $20m payments to each of its 211 member associations. UEFA and several confederations have threatened boycotts, lodged legal and ethics warnings, and flagged potential arbitration over links to investors including Joshua Kushners firm.
FIFA plans to create FIFA Forward Enterprise (FFE) to run the World Cup and related events, offering up to 20% stake to external investors. The move has drawn swift criticism from UEFA, Concacaf and other bodies for governance concerns and lack of consultation, while FIFA argues the plan would unlock billions for global football development.
FIFA has unveiled a $20 billion subsidiary to run World Cup rights, offering 20% stakes to private investors. UEFA and other confederations decry the move as dangerous for football, with potential funding promises to member associations. The plan has triggered swift political and sporting backlash as the global football community weighs the risks and rewards.
Fifa's proposals to sell stakes in World Cup rights to private investors have triggered a backlash from European football bodies and key advisers. A resignation amid the controversy underscores widespread opposition and questions about governance. Leaders warn the World Cup should remain in football hands as the debate continues.
The Asian Football Confederation, UEFA and CONCACAF have voiced strong opposition to FIFA Forward Enterprise, warning that it cannot win broad consensus. FIFA insists on continuing consultations ahead of a vote, while confederations press for governance reforms. The rhetoric signals a potential World Cup boycott if the plan proceeds.
FIFA has scrapped the Forward Enterprises plan after mounting opposition from UEFA, CONCACAF, AFC and member associations. Infantino’s private venture faced resignations and internal criticism, leading FIFA to terminate the project and reaffirm a commitment to open consultation.
FIFA has withdrawn its $4.2bn private‑investor plan after widespread pushback from UEFA and other stakeholders. Infantino remains under pressure as he seeks a fourth term, while national federations demand greater transparency and governance reforms.
Base Power has secured a $1 billion Series D, valuing the company at $13 billion, and is expanding with home batteries in Texas and Illinois, integrating storage to stabilize grid demand amid surging electricity use driven by electrification and AI data centers.
The Norwegian Football Federation has called for Gianni Infantino to resign amid fallout from his bid to privatize the World Cup via the FIFA Forward Enterprise. UEFA maintains its boycott threat and several European federations have withdrawn support as Infantino seeks re-election next March.
Canada and the United States are negotiating amid looming tariffs that could disrupt auto, goods and jobs. Ottawa is seeking a broad, comprehensive deal, while Washington warns of steep duties on Canadian products. Talks have resumed as both sides weigh the future of North American trade.
FIFA president Gianni Infantino is facing a renewed crisis as multiple football confederations have pulled endorsement ahead of the 2027 re-election. While CAF and CONMEBOL continue to back him, UEFA, CONCACAF and AFC have joined calls for accountability after the aborted plan to privatize World Cup revenues. Trump has publicly backed Infantino, calling replacing him a terrible mistake.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a deal reported to value the franchise at about $12.5 billion. The agreement has been announced this week and still requires NBA Board of Governors approval and due diligence by Kushner's Thrive Eternal.
Confederal leaders clash over Gianni Infantino's leadership as Europe, Asia and Concacaf call for a review of his conduct amid a backlash to FIFA’s private-investment plan. Oceania’s OFC remains divided, while CAF and Conmebol back Infantino. NZF withdraws support and seeks independent review; next steps unfold at upcoming FIFA Congress.