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Politics

The Guardian view on venture capitalism: investor profits are no industrial strategy | Editorial

Higher returns for backers do not guarantee national prosperity. Public investment should develop domestic capabilities and meet urgent social needs Britain keeps selling its most valuable companies. The Financial Times calculates that 300 went to foreign buyers, mostly American, over the past decade. What if innovation were scaled up to serve social needs here rather than US investors’ profits? That is the provocation issued by the thinktank Common Wealth in a paper titled We Aren’t the Champions, which takes aim at the UK’s venture capital (VC) industry. The authors say that as long as the U

The Guardian
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Politics

Spare a thought for poor Nige, clearly missing his podcast chats with Russell Brand

It’s not been a good week for Farage. Aside from that interview and disrespect from the BBC, he’s lost another senior Reform official It’s a day late, but please observe a two-minute silence for Nigel Farage. Lest we forget. Sad to say, but Nige just hasn’t been quite the same since Sunday’s Remembrance service at the Cenotaph. Like me, you might have thought that he had been in Whitehall to honour those who had died in two world wars and subsequent armed conflicts. Only it turns out he was really there to commemorate himself. Through his personal valet, Richard Tice, Nige has let it be known

The Guardian
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Crypto

XRP proposed lending vaults lock deposits and expose holders to risk

Closed-ended vaults would exchange immediate access for borrower-funded income, while optional loss cover and share-sale conditions shape the risk. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

CryptoSlate
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Finance

Jensen Huang was a busted flush at Nvidia – he had to go | Nils Pratley

CEO was viewed as ‘irreplaceable’, but recklessness of affair with a woman regarded by US officials as a Chinese spy made him a political liability Half the tech world made up its mind before the facts could be assessed properly. Jensen Huang was “irreplaceable”, said the chorus at the start of this week. Nvidia would melt without the co-founder’s brilliance, apparently. The chipmaker’s board had to find a way to save its genius for the sake of corporate America and the entire AI universe. It was always nonsense because, after the passage of only a few days since his confession of infidelity,

The Guardian
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Crypto

KPMG Counts Every Gold Bar as Tether’s XAUT Clears $2.24 Billion Audit

Tether announced Thursday, Nov. 12, that KPMG U.S. completed an independent financial audit of XAUT issuer TG Commodities, delivering an unqualified opinion on its 2025 financial statements after verifying more than $2.24 billion in physical gold reserves. Tether’s latest announcement marks another accounting milestone for the stablecoin heavyweight, with KPMG issuing an unqualified opinion on […]

Bitcoin.com News
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