Author: bibhuti

Early-stage venture firm A* Capital on Tuesday announced a $450 million Fund III. The firm takes a generalist approach, backing companies across categories including AI applications, fintech, healthcare, and security.The average check size for this fund will be between $3 million and $5 million, with the aim to back at least 30 startups. The capital will be deployed over the next two to three years, as with the firm’s previous funds. Limited partners include nonprofits, foundations, and endowments; Carnegie Mellon University is among the publicly named backers. A* Capital, founded in 2020 and run by Kevin Hartz and Bennet Siegel,…

Littlehampton Road (A2032) in Worthing remains closed following the collision earlier today. A spokesman for Sussex Police said: “We are saddened to report that an 89-year-old woman has died in a collision in Worthing. “The incident happened at about 1.35pm on the A2032 Littlehampton Road today (12 May) and emergency services remain at the scene. “The woman’s next of kin have been informed and our thoughts are with them at this time. “A 21-year-old man was arrested on suspicion of causing death by dangerous driving and remains in custody at this time. “Officers are appealing for witnesses and information.” A…

MIT’s Universal Learning is a new initiative from MIT Open Learning designed to prepare learners everywhere to tackle complex global challenges through boundary-crossing thinking. Universal Learning offerings combine subject matter expertise from MIT faculty and experts and Open Learning’s more than 25 years of innovation in online education to deliver a learning experience centered on real-world stories, practical exercises, and the needs of global learners. It is delivered on the MIT Learn platform, leveraging the capabilities of the AskTIM AI assistant to support learners throughout their educational journey. Universal AI, the first offering from Universal Learning, launched to the public today. Future offerings will…

The Fair Work Agency (FWA) was launched last month to uphold new employment law reforms under the Employment Rights Act 2025, including investigating breaches regarding the National Minimum Wage (NMW), holiday pay, and statutory sick pay (SSP).Its enforcement comes at a time of heightened scrutiny over workplace compliance, with a recent University College London (UCL) study revealing that at least one in seven UK workers has experienced a violation of their employment rights in the last two years.But while some violations aren’t deliberate and can be easily overlooked, it serves as a clear reminder to smaller businesses that employment law…

Key TakeawaysElliptic secured $120 million on May 12, 2026, boosting its valuation to $670 million for onchain analytics.Nasdaq Ventures and Deutsche Bank joined the Series D, signaling deep institutional trust in crypto compliance.Elliptic plans to scale its artificial intelligence (AI)-native platform to monitor $33 trillion in annual stablecoin transaction volume. Elliptic to Advance AI Compliance Following $120M Series D The infusion of capital brings Elliptic’s total valuation to $670 million. This milestone comes at a time when the lines between decentralized finance and legacy banking continue to blur. Elliptic now screens a larger portion of the global onchain economy than…

Tuesday 12 May 2026 6:10 pm The Board of Directors of De’ Longhi S.p.A. approved the consolidated results 1for the first quarter of 2026: In the first quarter the Group achieved: revenues of € 777.7 million, up 3% (+6.6% at constant exchange rates); adjusted 2Ebitda of € 125.9 million, equal to 16.2% of revenues (15.4% in Q1-25); net profit (pertaining to the Group) of € 61.7 million, equal to 7.9% of revenues and up 7.5% compared to the previous year; net financial position at the end of March 2026 of € 720.5 million. CEO Fabio de’ Longhi commented: “The start…

Colin Mitchell, 27, targeted Danielle Crow and Paul Morrice at the property in Glasgow’s Drumchapel. Glasgow Sheriff Court heard that Peking House was initially contacted by Mitchell on July 6 2025. (Image: Newsquest) Miss Crow met Mitchell on the landing of his building. Prosecutor Lauren Aitchison said: “He hit her on the hip and punched her chest. “Mitchell grabbed the food and returned to his flat.” Miss Crow was stated to be “upset and visibly shaken” as a result of the attack. On August 11 2025, Mr Morrice delivered to Mitchell at the same address. Mitchell gave Mr Morrice money…

Belfast City Council officers organised test purchases after a number of complaintsStock image of Belfast’s Laganside Courts.(Image: Justin Kernoghan/Belfast Live)A shop in Belfast city centre has been given a 12-month ban from selling tobacco products after cigarettes and vapes were sold to children.The case was taken by Belfast City Council against Snack City, a shop trading from Unit 3, 104 College Building, College Avenue, Belfast, and was heard at Belfast Magistrates Court today, May 12.After a number of complaints that the shop was selling nicotine inhaling products to children, Belfast City Council officers organised test purchase exercises. They said during…

Trying to get off billionaire-owned social media, but don’t know where to start? A new app called Indigo is launching today to let users explore the open social web across multiple services, all under one roof. Decentralized social media is having a moment, as more people realize they want control over their algorithms, feeds, moderation choices, and other aspects of participating in online communities. However, there are multiple paths to choose from. Users can opt for decentralized servers that make up the social network Mastodon, built on the older ActivityPub protocol (also now used by Meta’s Threads), or they can…

Location : The M11 northbound exit slip at junction J7 . Reason : Congestion. Status : Currently Active. Return To Normal : Normal traffic conditions are expected between 17:15 and 17:30 on 12 May 2026. Delay : There are currently delays of 10 minutes against expected traffic. Source link