Monthly Archives: December 2025

Kalshi raises $1B at $11B valuation, doubling value in under two months

[ad_1] Prediction market Kalshi, which allows people to bet on future events, announced on Tuesday that it raised a $1 billion funding round at an $11 billion valuation, confirming TechCrunch’s scoop from last month. The round was led by returning investor Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, Capital …

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Diageo Taps ‘Drastic Dave’ as New CEO

[ad_1] Come new year, and Diageo, the UK-based alcohol giant, will toast the arrival of Sir Dave Lewis, its new CEO. After the abrupt departure of Debra Crew in July, Diageo board members looked for the rare candidate who could revive the maker of Guinness beer, Johnnie Walker whisky, Don …

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YouTube releases its first-ever recap of videos you’ve watched

[ad_1] It’s that time of year when companies are rolling out their Spotify Wrapped-like end-of-year recaps, letting users revisit the content they engaged with the most. While YouTube has offered a YouTube Music recap for the past few years, the platform announced on Tuesday that it’s now launching a separate …

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Political Risk Insurance, Revisited | Global Finance Magazine

[ad_1] As the global business landscape grows riskier, the product is no longer just a ‘nice to have.’ Perils can include terrorism, currency inconvertibility, forced divestiture, and expropriation. It’s pricey. It takes several months to iron out the intricate policy details. And it usually requires a broker able to weave …

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