Lightspeed is sharpening its India strategy around AI, targeting $250 million for a new early-stage fund as the venture firm bets the technology will drive the next wave of startups in one of the world’s largest markets. The Silicon Valley venture firm is already a major investor in AI companies including Anthropic, xAI, and Databricks.
Movie theater operators are counting on “Resident Evil” to scare some life into the early fall box office. Sony’s horror-comedy reboot of the zombie-infested property is targeting a strong $40 million to $50 million in its domestic debut. With strong reviews and glowing word-of-mouth, rivals and independent tracking services believe that initial ticket sales will
US forces struck five Iranian tankers on Tuesday, sinking one, in response to Tehran twice targeting an American warship, US Central Command (Centcom) said. Four Iranian oil tankers in the Gulf of Oman linked to Iran’s Revolutionary Guards Corps (IRGC) were targeted, as well as another near Kharg Island, a major oil terminal off Iran’s
President Donald Trump has downplayed his war on Iran as “small potatoes,” but those potatoes are getting bigger as both sides are escalating beyond their stalemate in the Strait of Hormuz. For months, Iran’s military has failed to completely close off the narrow waterway, as U.S. forces shepherd more oil tankers through, eroding Tehran’s geopolitical
Target’s annual shareholder meeting in June was a referendum on the company’s leadership, and the story is bleak: nearly 13% of shareholders opposed the reelection of Executive Chair and former CEO Brian Cornell. Combined with nearly 40% support for a shareholder proposal calling for an independent Board Chair, this level of opposition makes clear that
GRAMADO, Brazil — As the first edition of the Residency for Young Filmmakers wrapped on Aug. 19, the Gramado Film Festival has decided to continue the program with a second edition set to take place at its 2027 edition and that the Residency would become a permanent initiative at Gramado, Rosa Helena Volk, president of
