Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the fund is around half the amount the company had initially planned, but a sign that tech investors are returning to the VC market. Insight won’t close on its fund until early 2025 but at least $10 billion has been committed, sources told the FT, adding that the final figure could be close to $12 billion. PYMNTS has contacted Insight for comment but has not yet gotten a reply. The VC market has been on a…
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Beyoncé opened up about her three kids like never before in a rare and candid interview published by GQ this Tuesday.The superstar offered some insight into the personalities of her three children—Blue Ivy, 12, and six-year-old twins Rumi and Sir—whom she shares with husband Jay-Z.“Raising three kids isn’t easy. The older they get, the more they become their own individuals with unique needs, hobbies, and social lives,” she said. “My twins are God-sent. Parenting constantly teaches you about yourself. It takes a lot of prayer and patience. I love it. It’s grounding and fulfilling.”Of her eldest child, the “16 Carriages”…
CINCINNATI — Contract discussions between Ja’Marr Chase and the Bengals are reportedly off for the rest of the season. ESPN’s Adam Schefter reported the wide receiver does not want to continue talks right now after he feels he was “misled” by the team. Our own James Rapien reported a deal stalled over guarantee structuring, with Schefter reporting a similar snafu. The latest report also noted Chase took out a $50 million insurance policy to save himself in case of major injury this season.”According to sources, the star wide receiver believes the Bengals misled him when they told him at the end of last season and again…
Consumer Tech News (Sep 8-Sep 14): Gaming Industry Biggies Facing Accusations For Decieving Players, Apple Launches iPhone 16 & MoreAccording to investors and recent financial reports, the technology sector is experiencing broad weakness despite the buzz around artificial intelligence (AI). Many companies are still struggling with the recession that started in 2022.Gaming, Streaming Platform & TVSeven of the gaming industry’s biggest names—Epic Games, Electronic Arts Inc. (NASDAQ:EA), Roblox Corporation (NYSE:RBLX), Microsoft Corp.‘s (NASDAQ:MSFT) Activision Blizzard, Mojang Studios, Tencent Holding Ltd. (OTC:TCEHY) Supercell, and UbiSoft Entertainment Inc. (OTC:UBSFF) —are facing new accusations from the European Consumer Organisation (BEUC) of deceiving players into…
WEST PALM BEACH, Fla. – Republican presidential candidate Donald Trump is safe following gunshots near his golf course in Florida, his campaign and U.S. Secret Service announced on Sunday. The incident appears to be an assassination attempt on the former president, the second one in two months.The incident took place at Trump International Golf Course where the former president was golfing, according to officials.”The Secret Service, in conjunction with the Palm Beach County Sheriff’s Office, is investigating a protective incident involving former President Donald Trump that occurred shortly before 2 p.m.,” Secret Service spokesman Anthony Guglielmi said in a statement.The…
CAPE CANAVERAL, Fla. — A billionaire spacewalker returned to Earth with his crew on Sunday, ending a five-day trip that lifted them higher than anyone has traveled since NASA’s moonwalkers. SpaceX’s capsule splashed down in the Gulf of Mexico near Florida’s Dry Tortugas in the predawn darkness, carrying tech entrepreneur Jared Isaacman, two SpaceX engineers and a former Air Force Thunderbird pilot. They pulled off the first private spacewalk while orbiting nearly 460 miles above Earth, higher than the International Space Station and Hubble Space Telescope. Their spacecraft hit a peak altitude of 875 miles following Tuesday’s liftoff. Isaacman became…
CLYDE — A change is coming here for clients of the Food Bank of West Central Texas.On Wednesday, food sourcing manager Brandon Forrest was directing a crew of 15 volunteers and four staff members as a line of cars stood by to receive the monthly disbursement. Stretching about three blocks, drivers were directed to turn onto Cedar Street from North First Street to receive their allotment.Brandon Forrest, the food sourcing manager for the Food Bank of West Central Texas, signals for another vehicle during the monthly food distribution in Clyde Wednesday. A group of volunteers and staff members loaded the…
A conservative and a faith-based film landed at nos. 4 and 10 at the domestic box office this weekend, with a solid showing for anime Dan Dan Dan: First Encounter and a nice limited opening for My Old Ass. Am I Racist?, the first theatrical release from Jeremy Boreing and Ben Shapiro’s The Daily Wire, had a phenomenal opening weekend grossing $4.75 million on 1,517 screens for the no. 4 spot at the domestic box office and one of the top documentary bows of the past decade. The anti-DEI film is distributed by SDG Releasing, which also handled Walsh’s previous…
A spokesperson for Turkey’s ruling party said that a process was “underway” for Turkey to join BRICS.The current BRICS bloc of emerging-market nations includes countries such as Russia, China, and Iran.Turkey would be the first NATO country to join the group.Earlier this month, a spokesperson for Turkey’s ruling AK Party said that a process was “underway” for Turkey to join the BRICS group of emerging-market nations.”Our president has stated at various times that we want to be a member (of BRICS)… Our request on this issue is clear. This process is underway in this framework, but there is no concrete…
1ST Source Bank reduced its position in BlackRock, Inc. (NYSE:BLK – Free Report) by 2.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,059 shares of the asset manager’s stock after selling 29 shares during the quarter. 1ST Source Bank’s holdings in BlackRock were worth $834,000 at the end of the most recent quarter. Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in BlackRock by 2.3% in the first quarter. Vanguard Group Inc. now owns 13,182,262 shares…