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Peyton Manning on Sunday, February 16, 2025.Theo Wargo | NBCUniversal | Getty ImagesPeyton Manning has a new business partner.A new platform run by Patrick Whitesell, the former executive chairman of Endeavor, has acquired a minority stake in Manning’s Omaha Productions.The stake, which is approximately 10% of the company, values Omaha Productions at more than $750 million, according to people familiar with the matter.Private equity firm Silver Lake announced Whitesell’s new platform, which will invest in sports, media and entertainment companies, earlier this week. Silver Lake is contributing an initial $250 million to the fund. The Omaha Productions deal is the…
Listen to article Seven people were killed in an attack on a house in a village in Sohbat Pur district, where unknown assailants opened fire and then set the house ablaze. The attack, which occurred within the jurisdiction of RD 238 police station, resulted in the deaths of a family head, his wife, four sons, and one daughter. The children’s ages ranged from one to 15 years. The perpetrators, after carrying out the shooting, set the family’s makeshift home on fire before fleeing the scene. Authorities are investigating the matter, and police have vowed to apprehend those responsible for the attack. Earlier, at…
A power-sharing deal between Kiir and Machar is unravelling, threatening a return to South Sudan’s blood civil war.South Sudan’s opposition has said that the overnight arrest of First Vice President Riek Machar, longtime rival to President Salva Kiir, has invalidated their 2018 peace deal and risked plunging the country back into war. A convoy of 20 heavily armed vehicles entered Machar’s residence in the capital, Juba, late on Wednesday and arrested him, according to a statement issued by a member of his party – a dramatic escalation of a conflict that has been building for weeks in the world’s youngest…
One of the most popular acronyms in Silicon Valley these days is SPV.It stands for special purpose vehicle. In tech startup land, it’s a type of investment fund that typically involves concentrating all of its assets in one company. SPVs have blown up in recent years as investors clamor to get a piece of hot startups with valuations often in the tens of billions of dollars.But buyer beware. Investors are warning of hidden fees, unclear rules about ownership, and marketing that’s driven by FOMO, or the fear of missing out.Traditional venture capital funds spread risk across a portfolio of startups,…
US Representative Elise Stefanik, Republican from New York, testifies before the Senate Foreign Relations Committee on her nomination to be Ambassador to the United Nations, on Capitol Hill in Washington, DC, January 21, 2025. Saul Loeb | Afp | Getty ImagesPresident Donald Trump on Thursday withdrew his nomination of Rep. Elise Stefanik as U.S. ambassador to the United Nations.Trump cited the razor-thin majority that Republicans hold in the House of Representatives for his decision to pull Stefanik’s name from consideration by the Senate for the U.N. post.The vote of the New York Republican Stefanik since the beginning of Trump’s term in…
Sam Altman, co-founder and CEO of OpenAI, speaks during the New York Times annual DealBook Summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024.Michael M. Santiago | Getty ImagesOpenAI CEO Sam Altman on Thursday announced that viral use of ChatGPT’s new image-generation AI, introduced earlier this week, is overloading the company’s servers.While it is “super fun seeing people love images” in ChatGPT, “our GPUs are melting,” Altman posted on social media site X on Thursday, adding that the company will temporarily limit the feature’s usage as it works to make it more efficient.The rate limits…
Listen to article A mild earthquake struck the federal capital Islamabad and several districts of Khyber-Pakhtunkhwa (K-P) on Thursday afternoon, prompting fear and panic among residents. The tremors were felt in Peshawar, Batkhela, Takht Bhai, Lower Dir, Buner, and Rustam and their surrounding areas. According to the Pakistan Meteorological Department (PMD), the quake measured 5.2 on the Richter scale. It struck at 1:28pm local time with a depth of 198 kilometres. The epicentre was located in the border region between Afghanistan and Tajikistan, within the Hindu Kush mountain range. A spokesperson for the Provincial Disaster Management Authority (PDMA) said no casualties or…
On Tuesday, US authorities detained and revoked the student visa of Tufts University student, Rumeysa Ozturk, a Turkish national who had voiced her support for Palestinians affected by the Gaza war. Ozturk’s arrest is the latest instance of President Donald Trump’s administration acting against international college students over their support for Palestinians during the Gaza solidarity encampments that erupted across university campuses last year. Students who protested for Palestine are having their legal visas and residence status revoked and are being arrested and detained. Here is more about the US university students who have been detained so far: Why does Trump…
Robert F. Kennedy Jr., US secretary of Health and Human Services (HHS), during a cabinet meeting at the White House in Washington, DC, US, on Monday, March 24, 2025. Samuel Corum | Bloomberg | Getty ImagesHealth and Human Services Secretary Robert F. Kennedy Jr. plans to slash 10,000 full-time employees across different departments, as he works to reshape the nation’s federal health agencies, the department said Thursday.Those job cuts are in addition to about 10,000 employees who opted to leave HHS since President Donald Trump took office, through voluntary separation offers. Combined, they will lead to the federal health department shedding…
Listen to article Pakistan’s Foreign Office has dismissed a bill introduced in the United States Congress targeting Pakistan, calling it an isolated act that does not represent the overall state of bilateral relations. “We are aware of the bill introduced in the US Congress. It reflects the opinion of an individual and not the broader US-Pakistan ties,” Foreign Office spokesperson Shafqat Ali Khan said during a weekly press briefing on Thursday. He expressed hope that the US legislature would take steps to strengthen relations between the two countries, despite the bill. Khan also criticised recent US sanctions on Pakistani commercial entities, terming…