News from October 28, 2025

Technology

US startup Substrate announces chipmaking tool that it says will rival ASML

SAN FRANCISCO :Substrate, a small U.S. startup, said on Tuesday that it had developed a chipmaking tool capable of competing with the most advanced lithography equipment made by Dutch firm ASML. Substrate's tool is the first step in the startup's ambitious plan to build a U.S.-based contract chip-manufacturing business that would compete with Taiwan's TSMC in making the most advanced AI chips, its CEO James Proud told Reuters in an interview. Proud wants to slash the cost of chipmaking by producing the tools needed much more cheaply than rivals. Should the company succeed, it would have economic and national security implications. President Donald Trump has made returning chipmaking to the U.S. a key part of his plans, with the government recently taking a stake in Intel, once a leading chipmaker that has struggled to keep pace with TSMC's advances in manufacturing. Substrate has attracted investments from the Central Intelligence Agency-backed nonprofit firm In-Q-Tel, General Catalyst, Allen & Co, Long Journey Ventures and Valor Equity Partners, raising $100 million at a valuation over $1 billion, Substrate said. What the San Francisco-based company has set out to achieve, though, is hard. An engineering feat that has eluded even large companies, lithography needs extreme precision. ASML is the only company in the world that has been able to make at scale the complex tools that use extreme ultraviolet (EUV) to produce patterns on silicon wafer at a high rate of throughput. "At some point, everyone just gave up on the chip problem, and were just willing to accept the TSMC and ASML duopoly," General Catalyst Managing Director Paul Kwan said. ASML declined to comment. Substrate said that it has developed a version of lithography that uses X-ray light and is capable of printing features at resolutions that are comparable to the most advanced chipmaking tools made by ASML that cost more than $400 million apiece. The company said it has conducted demonstrations at U.S. National Laboratories and at its facilities in San Francisco. The company provided high resolution images that demonstrate the Substrate tool's capabilities. Reuters was unable to independently verify the company's claims about its technology. SLASH MANUFACTURING COSTS "This is an opportunity for the U.S. to recapture this market with a homegrown company," Oak Ridge National Laboratory director Stephen Streiffer, an expert on high-energy x-ray beams, said in an interview. "It’s a nationally important effort and they know what they’re doing." If Substrate succeeds in its plan to drastically reduce the cost of making chips, it will likely have second-order effects, much in the same way SpaceX's drive to reduce the cost of rocket launches has spurred additional space travel, SemiAnalysis analyst Jeff Koch said. But there are many steps ahead of the company's engineers and executives to reach their goal. "They were steadfast that the (lithography) part was the first thing they had to solve on a mission to do their own process," Koch said. "Ultimately that displaces TSMC and ASML." Developing an advance chipmaking process that could rival TSMC's costs billions of dollars and has been a challenge for the likes of Intel and Samsung to perfect. Chip factories today cost more than $15 billion to build and require specialized expertise to build and operate. The company has not received funding from the government directly, but U.S. officials have been interested in Substrate's efforts, Proud said. "I think that it's really important that what we're doing is commercially viable on its own," he said. "Secretary Lutnick and others have been engaged from the very start of the administration," he said, referring to U.S. Secretary of Commerce Howard Lutnick.

Unknown 3 days ago

Technology

Paris St Germain set revenue record of 837 million euros

PARIS :Paris St Germain posted record revenue in the 2024-2025 season of 837 million euros ($976.11 million), the Champions League winners announced in their financial results on Tuesday. PSG, third in the Deloitte Football Money League in January, beat their previous revenue high of 806 million euros. The Ligue 1 club generated 367 million euros of commercial revenues and 175 million euros from matchday income, with the Parc des Princes sold out for 170 consecutive matches. The 2024-2025 season was one for the history books as PSG won their first Champions League title plus the Ligue 1 crown, French Cup and Trophee des Champions before losing in the Club World Cup final. "This performance shows the maturity of the project since the arrival of its main shareholder QSI, and confirms the solidity of the club’s economic model, now among the most successful in the world", PSG said in a statement. Qatar Sports Investments took over the club in 2011. Revenue from the Club World Cup up to the quarter-finals was included in this season's financial report, while the latter stages will be reflected in next year's results. Despite record revenue, PSG registered an annual loss although the club did not disclose the deficit. Last season, PSG reported a loss of approximately 60 million euros. ($1 = 0.8575 euros)

Unknown 3 days ago

$54m to walk: getting fired as a college football coach is a booming industry

Brian Kelly’s departure from LSU is just the latest in a series of big money firings. It’s also a jarring state of affairs for many struggling fans

Andrew Lawrence 3 days ago

I tried out a virtual Halloween festival – and got more than I bargained for

Ghost Town Pumpkin Festival began as a lockdown project and has now become an annual gaming tradition. My children and I paid it a visit

Keza MacDonald 3 days ago

Technology

Experts say broadband should cost no more than £30 a month – how to check if you’re overpaying

Experts have revealed how much you should be paying for your broadband and how to save money in minutes. Martin Lewis and his Money Saving Expert site say the magic number for broadband should be £30 a month and if you are paying more you are overpaying for your internet access. The price should be the upper limit for 500mb/s broadband, which is fast enough for home working and streaming. At lower speeds such as 100mb/s the price should be closer to £20 for customers who do not want to overpay. Broadband customers should also choose full fibre broadband if they want faster, more reliable connection but it can be difficult to find which providers offer broadband in your area when it comes to switching. A broadband comparison service says it is the UK’s first and can not only instantly find you deals under the £30 threshold but also only show you available packages for your specific area across the major providers and cheap independent. Broadband Genie says: “100% independent, unbiased and always on the consumer’s side, new offers are sourced directly from broadband suppliers every day. “With a free and easy-to-use address checker, customers can save stacks of times and money comparing the best options from over 300 deals and over 30 providers. Exclusive deals and gifts are also available to sweeten switching even further.” The site has revealed an offer that gets you 1gb/s of broadband for just £18.99 a month, a huge saving on many of the big providers. The full fibre deal is through Rise Fibre and is available on a 24-month contract with prices rising to £23.99 a month after a year. The deal is one of the cheapest on the market and is an example of how broadband prices can be slashed by using a comparison service. Broadband Genie has also shared a Vodafone deal for its ultra-fast Fibre 2 broadband priced a £25 a month and it comes with a free £75 gift card for Amazon, M&S, Tesco or Sainsbury’s. You can see the deal here. You can check your address to see if you are overpaying for broadband here.

Stephen Hurrell 3 days ago

Technology

One Piece is making its biggest change in 25 years as Elbaf arc is teased for anime

One Piece is making a huge change in 2026. The legendary anime will look different next year. Fans have also been given a sneak peak at the Elbaf arc. One Piece will be making one of its biggest changes in more than 25 years, it has been announced. The legendarily long-running anime will look quite different in 2026. Fans have been given a glimpse at the next major arc in the story - Elbaf. It is the latest chapter in the Final Saga as the finish line draws nearer. Sign up for our daily national newsletter - in your inbox Mon-Fri But watchers of the anime will have to make do with less episodes next year. Here’s all you need to know: One Piece anime announces biggest change in 25 years Since it debuted in 1999, One Piece has followed pretty much the same release schedule over the next quarter of a century. It has come out weekly, baring occasional productions breaks. However, things will look very different in 2026. It has been announced that the anime will have just 26 episodes next year and will be adapting one manga chapter per episode. One Piece will also be taking another big break from January through March. It is set to return in April 2026 and will begin adapting the Elbaf arc. In a post on X (formerly Twitter), the official One Piece staff account wrote: “To enjoy one chapter of the original manga in one anime episode, next year’s TV anime will broadcast up to 26 episodes annually! “January to March will be a recharge period, and the Elbaf Arc will start broadcasting from April.” One Piece is set to wrap up the Egghead Arc by the end of 2025, in order to return with Elbaf in April 2026. The live action anime is also set to return in Spring 2026 for its second season. Remind yourself what time new episodes of One Piece come out each weekend. Plus see why there was a mini-break recently.

Matthew Mohan,Matthew Mohan-Hickson 3 days ago

Technology

Bank of America CEO cautions over middle class feeling the 'pinch' as economy faces new threats

Bank of America Chairman and CEO Brian Moynihan cautioned that while the American consumer remains a powerful force keeping the economy afloat, the middle class is beginning to feel the strain. Joining "Mornings with Maria" on Tuesday, Moynihan shared his outlook on the average U.S. consumer and warned the economy could slow down amid the ongoing government shutdown. "You're still seeing growth among median income households, at up to… 75,000, 100,000. They're still growing, but they're growing at a slower rate than the higher-income households above that. So that shows you some of the pinch," Moynihan said, citing Bank of America research. "Now, inflation's still high and prices still are on people's minds, but they continue to spend," he continued. "What's incongruous is when you really look [at] what the people do, they're actually spending the money. But there is a differential. And so this is where you've got to be careful. From a human being standpoint… that's an issue for American society from the average consumer spending." SEE INSIDE JPMORGAN'S NEW $3B GLOBAL HEADQUARTERS IN NEW YORK CITY Last Friday, the Bureau of Labor Statistics reported that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.3% in September from the prior month and increased 3% year over year, up from 2.9% in August. It was the highest headline CPI reading since January, when it was also 3%. The CPI report was the first government economic release since the federal government shutdown began on Oct. 1. High inflation has created serious financial pressure for most U.S. households in recent years, forcing families to pay more for necessities such as food and rent. Price hikes have hit lower-income Americans the hardest, since they spend a greater share of their income on essentials and have less flexibility to save. "When you think about the American economy, obviously, the U.S. consumer is one of the most powerful engines on Earth. The size of what it does is as big as almost every other economy. So what we see in October so far, so last quarter, we saw about 5, 5.5% of spending, them putting money into the economy out of their accounts in every way they do it – credit card charges, debit card charges, checks written, cash out of the ATM. That's actually growing at a little higher rate in October here. So the consumer continues to spend," Moynihan said. GET FOX BUSINESS ON THE GO BY CLICKING HERE "Now the big worry is, well, will that all hold as the shutdown and tariffs continue on? And that's the question on everybody's mind," he added. "The government shutdown, an argument over the budget and everything, that is a political process. But from an economic perspective, ultimately, it's going to slow down the economy because the need to get approvals from the government to do things, whatever it is, slows down… as it goes on longer, it affects more parts of the economy because activities that need approvals, need things getting done, just can't get done. And so I hope they resolve it." READ MORE FROM FOX BUSINESS FOX Business’ Eric Revell contributed to this report.

Kristen Altus 3 days ago

Technology

Businessman-turned-gubernatorial candidate reveals how Dem regulations destroyed his family's company

Leo Zacky and his family ran one of California's most successful poultry businesses for nearly 100 years until, according to Zacky, a deliberate plan by Gov. Gavin Newsom and California Democrats ran his family's company into the ground. California isn't just hurting small businesses because of waste or incompetence, Zacky said while explaining his personal experience running his family-owned business in California that was eventually forced to shutter in 2018 and sell to a bigger conglomerate. Instead, Zacky, who is running for governor in California, pointed to a system that has favored liberal policy priorities at the expense of businesses like his family's, including strict environmental regulations, labor policies, high energy costs, water regulations, permitting bureaucracy and more. "The consistent problem that we're having in politics is these people that get into office and their net worth might not be that exorbitant, but, my gosh, in such a short amount of time on this supposed government salary, how wealthy they become and the people around them," Zacky lamented to FOX Business. "Look at how PG&E made a $350,000 donation to Newsom's wife's charity," Zacky continued, referring to donations over several years from the major utility company that frequently has business before the state. GAVIN NEWSOM MOCKED FOR CLAIMING HIS FAMILY WAS 'HUSTLING' TO PAY THE BILLS Zacky also highlighted a big financial contribution Newsom received from one of the largest franchisees in the country, which was preceded by an exemption that the Panera Bread magnate got from the state's minimum wage increase that was being implemented at the time. Zacky said the minimum wage increases Californians have been subject to was a major contributing factor to his family business going under. "I'm competing on a global market and I have people that are competitors of mine that are producing in Louisiana or Georgia, and it's literally half the price for minimum wage there," Zacky explained. "It got to the point where it was cheaper for them to produce on the other side of the country – put it on a truck, and drive it all the way to California where they could still beat me on price at the grocery store down the street. It's unsustainable." In response to Zacky's claim that California is not supportive of small businesses, Newsom spokesperson Tara Gallegos highlighted that Zacky Farms filed for bankruptcy in 2012, and later closed in 2018 before fully halting operations in early 2019. Newsom, meanwhile, was not sworn in as governor until January 2019. CALIFORNIA USING BACK DOOR TO GET FEDERAL FUNDS FOR ILLEGAL IMMIGRANT HEALTHCARE, GOP SAYS; DEMS SAY NONSENSE "Regardless, claims that California doesn’t support business don’t stand up to the facts," Gallegos said, highlighting data from the U.S. Bureau of Labor Statistics that show between January 2019 and December 2024 California created roughly double the number jobs created in Republican-controlled Florida and Texas. "Our economy is not only booming, but dominating the nation – and we retain one of the most innovative and competitive economies in the world." But Zacky argued that California's high taxes, burdensome environmental regulations and other policies Zacky described as "virtue signaling," are making the state less friendly to small business while benefiting bigger ones. "When you talk about regulations, you don't really have to look further than [the California Environmental Quality Act] or the California Air Resources Board, which are these governing bodies that inhibit people from growing their businesses as needed, or are restricted based on arbitrary findings all in the name of saving the planet," Zacky said. "No matter what we regulate here in the United States, it doesn't mean China or India or the rest of the developing world is going to play ball and abide by those rules. So you're just hurting people here in America from having that ability to continue to create jobs." According to Zacky, before Zacky Farms was forced to shutter, it was the largest private employer in the state for a time. In addition to emissions regulations, water access for farmers has been one of those major environmental-focused regulations that Zacky has said is killing small business owners. He pointed to California officials' decision to remove dams in the northern part of the state, which Zacky said was aimed at bringing back a native fish population in the region "for the 300 Native Americans that inhabit that region." "You're destroying hydroelectric generation, destroying water reserves, and it's all, again, this virtue signaling nonsense," Zacky said, adding that farmers are often forced to cut back on production as a result of the state's water restrictions. CLICK HERE TO GET THE FOX NEWS APP "You see uprooted trees up and down the 99 when you're driving in California, and it's heartbreaking," Zacky added. "It gets to the point where these farmers – you have a lot of small, independent farmers that own 50, 100, 250 acres, who have been there five, six, seven generations, and it becomes unviable for them to sustain their operations so they're forced to sell, and a big conglomerate comes in and buys it up." Zacky, who is running for governor as a Republican, faces a big field ahead of him. He will face former Fox News host Steve Hilton in the primary, among others like former Sheriff of Riverside County Chad Bianco and Republican state legislator Brian Dahle. Meanwhile, former Health and Human Services Secretary Xavier Becerra and former Congresswoman Katie Porter are among the Democratic frontrunners. Newsom has reached his term-limit, so he cannot run for re-election.

Alec Schemmel 3 days ago

Technology

Oversight report: Biden aides exercised presidential authority, so autopen actions are ‘VOID’!

A congressional report has found that Joe Biden’s aides arranged for the autopen signings of executive actions, directed policy and orchestrated his public appearances, literally exercising presidential authorities without his knowledge or consent, as his cognitive decline advanced. The 90-page report, “The Biden Autopen President: Decline, Delusion, and Deception in the White House,” charges that Biden’s close associates actually ran the government during his final months in office. U.S. Rep. James Comer, R-Ky., the chief of the House Oversight Committee, concluded the findings have raised “constitutional and criminal concerns” about actions “Biden” took while in office. A report at Fox News said the committee has demanded a complete investigation into the autopen signatures that Biden’s associates arranged. “Faced with the cognitive decline of President Joe Biden, White House aides — at the direction of the inner circle — hid the truth about the former president’s condition and fitness for office,” charged the report. And there was a “haphazard documentation process” for pardons made by Biden. The committee said those procedures “left room for doubt over whether the former president made those decisions himself,” the report said. In fact, the report simply said those actions now are “void.” “In the absence of sufficient contemporaneous documentation indicating that cognitively deteriorating President Biden himself made a given executive decision, such decisions do not carry the force of law and should be considered void,” committee members concluded. “The Department of Justice should immediately conduct a review of all executive actions taken by President Biden between January 20, 2021, and January 19, 2025. Given the patterns and findings detailed herein, this review should focus particularly on all acts of clemency. However, it should also include all other types of executive actions.” Further, the report raised concerns about Hunter Biden’s influence, since former Biden chief of staff Jeff Zients has told investigators he was in the room for many discussions, including the preemptive pardons issued to Biden’s family. Comer’s report said, “Zients testified that President Biden included his son, Hunter Biden, in the decision-making process for and meetings about pardons. This apparently included the meeting to discuss the pardons of five Biden family members, Dr. Anthony Fauci, General Mark Milley, and the members of Congress who served on the Select Subcommittee to Investigate the January 6th attack on the United States Capitol, and their staff.” A Biden regime spokesperson told Fox News Digital the investigation was “baseless,” even though 14 witnesses testified to Oversight, mostly top Biden aides. Even during that testimony, Comer suggested, the aides were hiding things. “Throughout the Committee’s investigation, senior Biden White House aides presented a perspective of President Biden’s cognitive health completely disconnected from that of the American public,” the report said. “Not one of the Committee’s 14 witnesses was willing to admit that they ever had a concern about President Biden being in cognitive decline. In fact, numerous witnesses could not recall having a single conversation about President Biden’s cognitive health with anyone inside or outside of the White House.” According to a report in the Washington Examiner, Comer’s report found, “Biden’s aides misled the American people and hijacked the powers of the presidency. … Executive actions performed by Biden White House staff and signed by autopen are null and void.” For example, the committee found 32 of 51 clemency warrants were signed by autopen, “without any contemporaneous documentation linking Biden to those discussions,” leaving no evidence the president agreed to the actions. The Examiner explained, “A Jan. 19 episode detailed in the report describes a ‘game of telephone’ in which chief of staff Jeff Zients authorized the autopen for a final batch of pardons, including for his son Hunter Biden and four other family members, as well as Anthony Fauci, and Gen. Mark Milley, based only on secondhand accounts of a meeting he never attended. An aide emailed approval from Zients’s account, initialed ‘JZ,’ without confirming with Biden directly, according to the report.” The report also criticizes ex-White House physician Kevin O’Connor, Biden’s longtime doctor, “noting that he had ‘business dealings with and financial connections to President Biden’s family.’ Investigators said those ties, combined with political incentives to keep Biden viable for reelection, created ‘a motive to conceal the president’s decline while running the government in his stead,'” the Examiner explained. Comer’s report also revealed former aides confirmed an entire system of pre-scripted press cards, controlled questions, teleprompter use, schematics outlining the number of steps he would take and the time he would use during any public appearance. Democrats on the Oversight Committee cited Biden’s own statements rejecting evidence he was unaware of decisions, and said the Republican report is conjecture.

Bob Unruh 3 days ago

Technology

Court Rescinds Arrest Order As Chairman Wontumi Finally Appears Before Judge

The High Court has withdrawn the bench warrant it issued earlier for the arrest of the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi. The decision followed his appearance in court shortly after the warrant was issued. The warrant, issued around 9:40 a.m., remained active until Wontumi and his legal team arrived after 10 a.m. to plead with the court for its withdrawal. It was officially rescinded at 11:39 a.m. When the case was recalled, counsel for Chairman Wontumi, Andy Appiah-Kubi, explained that he had informed his client to appear at 10 a.m. under the impression that proceedings were scheduled for a case management conference at that time. The presiding judge, while rescinding the arrest order, cautioned the NPP chairman to be punctual in future appearances. Chairman Wontumi is standing trial alongside Kwame Antwi, a director of Akonta Mining Limited, and the company itself. They are facing charges of assigning mineral rights without lawful authorisation.

Bernard Mensah 3 days ago

Technology

Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations. The deal removes a major constraint on raising capital for OpenAI that has existed since 2019, when it signed a deal with Microsoft that gave the tech giant rights over much of OpenAI's work in exchange for costly cloud computing services needed to carry it out. As its ChatGPT service exploded in popularity, those limitations became a notable source of tension between the two companies. CEO Sam Altman will not get equity in the restructured company, an OpenAI spokesperson said, in a reversal from discussions last year that he would receive equity. The company has no plans to focus on a potential public offering, the spokesperson said. MICROSOFT TO KEEP 27 per cent STAKE Microsoft will still hold a stake of about $135 billion, or 27 per cent, in OpenAI Group PBC, which will be controlled by the OpenAI Foundation, a nonprofit, the companies said. The Redmond, Washington-based firm has invested $13.8 billion in OpenAI, with Tuesday's deal implying that Microsoft had generated a return of nearly 10 times its investment. Microsoft shares rose 2.5 per cent, sending its market value above $4 trillion again. The deal keeps the two firms intertwined until at least 2032, with a massive cloud computing contract and with Microsoft retaining some rights to OpenAI products and AI models until then, even if OpenAI reaches artificial general intelligence (AGI), the point at which AI systems can match a well-educated human adult. With more than 700 million weekly users as of September, ChatGPT has exploded in popularity to become the face of AI for many consumers after OpenAI's founding as a nonprofit AI safety group. As the company grew, the Microsoft deal constrained OpenAI's ability to raise funds from outside investors and secure computing contracts as the crush of ChatGPT users and its research into new models caused its computing needs to skyrocket. "OpenAI has completed its recapitalization, simplifying its corporate structure," Bret Taylor, the OpenAI Foundation's board chair, said in a blog post. "The nonprofit remains in control of the for-profit, and now has a direct path to major resources before AGI arrives." Microsoft's previous 2019 agreement had many provisions that rested on when OpenAI reached that point, and the new deal requires an independent panel to verify OpenAI's claims it has reached AGI. "OpenAI still faces ongoing scrutiny around transparency, data usage, and safety oversight. But overall, this structure should provide a clearer path forward for innovation and accountability," said Adam Sarhan, CEO of 50 Park Investments. Gil Luria, head of technology research at investment firm DA Davidson, said the deal "resolves the longstanding issue of OpenAI being organized as a not-for-profit (organization) and settles the ownership rights of the technology vis-à-vis Microsoft. The new structure should provide more clarity on OpenAI's investment path, thus facilitating further fundraising." Microsoft also said that it has secured a deal with OpenAI where the ChatGPT maker will purchase $250 billion of Azure cloud computing services. In exchange, Microsoft will no longer have the right of first refusal to provide computing services to OpenAI. Microsoft also said that it will not have any rights to hardware produced by OpenAI. In March, OpenAI bought longtime Apple design chief Jony Ive's startup io Products in a $6.5 billion deal.

Unknown 3 days ago

Technology

William 'threatened to strip Eugenie and Beatrice of their titles unless Prince Andrew and Fergie left Royal Lodge'

Prince William threatened to remove the titles of Princesses Beatrice and Eugenie unless they pressured their father Prince Andrew to move out of Royal Lodge, it has been claimed. BBC broadcaster Emily Maitlis, who carried out the infamous 2019 Newsnight interview with Andrew, claimed the Prince of Wales may have met with the princesses last week. Their parents, Andrew and Sarah Ferguson, are understood to have finally agreed to move out of Royal Lodge, the 30-room mansion they have shared since 2008, amid criticism of their ties to paedophile financier Jeffrey Epstein. The divorced couple have already given up their Duke and Duchess of York titles. Speaking on The News Agents podcast, Maitlis said: “There was a question over whether there had been, earlier in the day, a meeting between Prince William and the princesses, Beatrice and Eugenie, saying you guys have to get your dad to move out of Royal Lodge otherwise we will start re-examining the state of your own titles. “They are at the moment allowed to be princesses, but there was a bit of pressure, we understand, being put on the princesses to say this is going to happen. Obviously you can see why Andrew as a father would want to keep their daughters happy and keep their titles in place come what may. “What we learned what was going to happen on Thursday was that [King} Charles, fresh from the Vatican and his audience with the Pope, was going to come via Royal Lodge to be seen in other words reading the riot act to his brother.” The King is reported to have cancelled the meeting. There has been no confirmation of a meeting between William and Beatrice and Eugenie. Buckingham Palace has been contacted for comment. It comes after Andrew reportedly welcomed Epstein, Ghislaine Maxwell and Harvey Weinstein to Royal Lodge. The disgraced royal, 65, allegedly hosted the trio at the Grade II-listed mansion in Windsor, Berkshire for Beatrice’s 18th birthday two decades ago. The invite was extended two months after an arrest warrant had been issued in the United States for Epstein for sexually assaulting a minor. The revelations comesas Andew faces intense pressure to vacate the 30-room country home amid the continuing furore over his past relationship with Epstein and outcry over his “peppercorn rent” on the property. According to the BBC, Epstein was arrested by police in Florida eight days following the celebratory event in Windsor Castle on July 15, 2006. It is understood that Epstein — who died in custody while awaiting trial for trafficking and conspiracy charges in 2019 aged 66 — visited Royal Lodge before the masked ball, alongside Maxwell, 66, and Weinstein, 73. The following year, Epstein pleaded guilty to soliciting prostitution from a minor and was sentenced to 18 months in prison. In 2019, Andrew told Newsnight he “wasn’t aware” that Epstein was a wanted man two months before the party. Maxwell is currently serving a 20-year jail sentence in Texas for recruiting teenage girls to be sexually abused by Epstein, her then boyfriend. Meanwhile, Weinstein is imprisoned in New York after being convicted of sexual assault in New York and Los Angeles, but has secured a retrial on some of his convictions. Earlier this month, Andrew announced he would relinquish his remaining royal honours, including his Duke of York title. But Buckingham Palace is said to be “cranking up the pressure” to try to get Andrew to vacate Royal Lodge, for which he has a private tenancy with the Crown Estate. Andrew and his ex-wife Sarah Ferguson, 66, have reportedly agreed to leave Royal Lodge but are demanding Frogmore and Adelaide cottages in return. In 2003, Andrew took on the lease for Royal Lodge from the Queen Mother and spent £7.5million on renovations, although indignation has mounted in recent weeks over his minimal rental payments.

Bill Bowkett 3 days ago

Technology

A newly discovered Dr. Seuss manuscript will celebrate America’s 250th anniversary

NEW YORK (AP) — A newly discovered Dr. Seuss manuscript featuring the Cat in the Hat and celebrating the United States will be published next year, just in time for America’s 250th anniversary. “Sing the 50 United States” is the first full manuscript written by Dr. Seuss — born Theodor Geisel — to be discovered since the posthumous release of “What Pet Should I Get?” in 2015. The new book aims to teach readers the names of the states. “To sing the 50 United States, you have to use your brain,” the Cat in the Hat advises. “Massachusetts. Minnesota. Missouri and Montana. M-i-s-s-Mississippi. Maryland! Michigan and Maine!” “Uncovering a new work from Ted is like finding a time capsule of his imagination,” says Susan Brandt, president and CEO of Dr. Seuss Enterprises. “‘Sing the 50 United States’ celebrates his boundless creativity, genius with words, and enduring ability to inspire young readers everywhere. We’re honored to share this new Dr. Seuss treasure with readers across America during such a meaningful milestone year.” The manuscript was found earlier this year in archival materials at the Geisel Library at The University California San Diego. Geisel also left behind a cover sketch and notes on the overall art direction. New illustrations were done by artist Tom Brannon, in the style of Dr. Seuss. Random House Children’s Books will publish the book on June 2, 2026, with a first printing of 500,000 copies. This story corrects the title name.

Mark Kennedy The Associated Press 3 days ago

Technology

Chase RCMP investigating after suspects in stolen truck fuelled and fled

Chase RCMP are investigating after suspects in a stolen vehicle fueled and fled from a gas station in the North Shuswap. While on patrol near Squilax Anglemont Road at approximately 11:48 a.m. on Oct. 16, an officer noticed a dark green Ford F-250 with no front licence plate fuelling up at a gas station. Police database queries indicated the truck had been reported stolen from the Kamloops area. “As police approached, a man threw the fuel nozzle to the ground, jumped in the driver’s seat and fled, heading westbound on the Trans-Canada Highway,” Const. Sarah Van Wilgenburg said in a media release. “Video surveillance was obtained, and two suspects were identified.” Read more: Stolen vehicle evades logging equipment blockade in the Shuswap Read more: Chase RCMP respond to altercation involving man, girlfriend, lizards

Heather Black 3 days ago

Technology

Man killed by deputies during traffic stop in San Jose

SAN JOSE, Calif. (KRON) -- A man who authorities said was armed with a knife was shot and killed by Santa Clara County Sheriff’s Office deputies Monday night during a traffic stop, according to San Jose police. The shooting occurred just after 7:30 p.m. in the area of College Drive and Fruitdale Avenue, just east of San Jose City College and Sherman Oaks Elementary School. Police have not given any details as to what led to deputies opening fire, or why the man’s vehicle was stopped. Following the shooting, the man, who has not been publicly identified, was transported to a hospital where he was pronounced deceased. Roadways in the area of the fatal deputy shooting remain closed Tuesday morning as the investigation remains active. Three patrol vehicles are seen surrounding a red car, with one of the patrol vehicles blocking the driver's side door. This is a developing story. Check back for updates.

Ryan Mense 3 days ago

Technology

More delays in Kelowna woman’s 2021 murder trial

The murder trial for a Kelowna woman has been delayed once again. Gabriella Sears, a transgender woman, is facing charges of second-degree murder and interference with human remains in the June 2021 death of Darren Middleton. The court previously heard during proceedings in 2023 that Middleton was found dead on the bathroom floor in Sears’ home on Sycamore Road in Kelowna. Throughout past proceedings, the crime scene has been described as “horrifying,” as Middleton’s body had been beaten and his genitals mutilated with a knife, according to forensic evidence. Following Sears’ arrest, she confessed to police that she had killed Middleton. After a voir dire, however, the judge ruled the confessions may not be used as evidence in the trial on the grounds that Sears’ rights were violated by police. The trial has faced various delays with Sears’ unexpectedly firing her defence lawyers mid-trial in December 2023. Then, in June 2024, her new counsel filed an application to withdraw from the case, making them the third set of lawyers to represent Sears in the trial. In response to the unusual decision, Justice Carol Ross ordered that Sears undergo a month-long psychiatric assessment. After it was determined that Sears was fit to stand trial, defence lawyer Mark Swartz was assigned to the case. Shortly after taking over the case, a management hearing was held, and Swartz told the court that he would no longer be representing Sears due to a conflict. Defence counsel Frances Mahon was then appointed to represent Sears, but has since also withdrawn. The trial was set to start on Oct. 28, but after about an hour of discussions, the case was adjourned. A hearing on a voir dire is scheduled to take place next week, while the trial isn’t expected to move forward until Dec. 8. Sears has remained in custody since the time of her arrest. The case is subject to publication bans.

Brittany Webster 3 days ago

Technology

Lower Mainland businessman identified as shooting victim

The identity of the victim in one of the two Abbotsford shootings on Monday (Oct. 27) has been revealed, with the community now mourning local businessman Darshan Sahsi. The 68-year-old Abbotsford resident was fatally shot inside his truck at 9:22 a.m. outside of his home in the 31300 block of Ridgeview Drive. Despite life-saving measures from first responders, Sahsi was pronounced dead at the scene, with the Integrated Homicide Investigation Team (IHIT) taking over control of the investigation. Footage of the murder was captured by the CCTV system of a nearby home, showing the masked killer exiting a silver Toyota Corolla, crossing the road, walking right up to the driver’s side window of Sahsi’s truck and shooting him. The murderer then lingers by the truck, appearing to confirm Sahsi had been fatally injured, before running back to the Corolla and driving away. IHIT media relations officer Sgt. Freda Fong released an image of the getaway vehicle, saying that anyone with information relevant to this investigation should call 1-877-551-4448 or email ihitinfo@rcmp-grc.gc.ca. “You can expect investigators in the area canvassing for witnesses and processing the crime scene,” said Fong. “As we continue to build a timeline of events, it is important for anyone with information to contact IHIT immediately.” Sahsi was the president of Canam International, which is a textile recycling business that has locations in both Abbotsford and Maple Ridge. According to the company website, Sahsi grew up in Punjab, India, and came to Canada in 1991. “His commendable work ethic and business acumen has allowed him to establish a successful textile recycling corporation which employs over 1,000 people and has redirected over two billion pounds of clothing away from landfills,” said Sahsi’s biography. Canam International purchases textiles in bulk from thrift stores and charities across North America, Japan, Australia, and other countries. They sort, grade, and pack the clothing and ship it to more than 40 countries worldwide, including India. Condolences have been pouring in online from those who knew Sahsi. “Very sad to hear about the shooting of Darshan Singh Sahsi of Abbotsford. Great guy. He was very helpful every which way, thorough gentleman. His death means that our community lost a great businessman plus a very helpful gentleman,” Harry Dhaliwal wrote in a Facebook post. “Heartfelt condolences on the passing of Mr. Sahsi. A true inspiration and respected figure in our community. May his soul rest in peace,” said Hardeep Grewal. – with files from Colleen Flanagan

none 3 days ago

Technology

Vernon author’s kids book falls short of Canadian honour

Chad Soon nearly fell out of his chair when he saw his book on the computer screen. Soon, from Vernon, a Grade 5 teacher at Mission Hill Elementary, was watching the live streaming of the Canadian Children’s Book Centre’s seven major awards for 2025, celebrating Canadian books for young people. When it came time to announce the finalists for the Sharon Fitzhenry Award for Canadian Children’s Non-Fiction, Soon’s book The Longest Shot – How Larry Kwong Changed the Face of Hockey – was among those read out by the narrator. The book was published by Orca Book Publishers. “It’s super exciting,” said Soon of the nomination. He co-authored the book with Stouffville, Ont.’s George Chiang while Amy Qi of Markham, Ont. provided the illustrations. While the book did not end up earning the award, it is still an honour to be short listed. “It’s Larry’s book. It’s Larry’s story. His daughter said he would have been thrilled and happy with the way his story is told.” The Longest Shot is the story of Vernon’s Larry Kwong, who left the family home in downtown Vernon to become the first player of Asian descent to play in the National Hockey League when he took a one-minute shift for the New York Rangers in the third period of a game in March 1948 at the old Forum against the Montreal Canadiens. Soon’s book impressed the nomination panel, who wrote of the book: “With a wonderful narrative style and a mix of bright illustrations and photographs, this is an incredibly compelling and enlightening story of the amazing Larry Kwong — the first NHLer of Asian descent… Larry’s story is important in making young readers aware of the shameful history of racism that the NHL is only slowly beginning to redress… Despite the racism and discrimination that he had to fight every step of his career, Larry Kwong never gave up and was an amazing hockey superstar… This is a story of resilience and an important chapter in Canadian hockey history; Larry Kwong’s story will educate and warm hearts of readers young and old.” The book was among five finalists for the Fitzhenry award, which carried with it a $10,000 first prize. Soon’s book is also a non-fiction finalist for the 2025-2026 Red Cedar Book Awards, which “encourages kids, families, and educators from across B.C. to read the nominated non-fiction and fiction books, talk about, and vote for their favourite titles.” The Longest Shot is up against 12 other non-fiction works. Kwong, who died in 2018 at the age of 94, was inducted this past summer into the B.C. Hockey Hall of Fame in Penticton. Soon has been championing for Kwong’s induction into the Hockey Hall of Fame. “I feel hockey fans should know more about Larry, and I think the league (NHL) could do more to highlight his impact,” said Soon. “Not just beyond that one-minute shift, but what a big deal it was for Chinese-Canadians. “I just hope Larry gets the recognition he deserves.” Kwong was a star in senior hockey leagues after his lone NHL shift, and finished his playing career in Europe.

none 3 days ago

Technology

Former Dodger Mike Davis wants to be remembered for more than a well-timed walk

The fifth in an occasional series of profiles on Southern California athletes who have flourished in their post-playing careers. Mike Davis spent 10 seasons in the major leagues, where he played for Billy Martin and next to Rickey Henderson. He topped 20 home runs twice and stole more than 20 bases three times. He was, by all measures, an exceptional player. Yet in Los Angeles he’s remembered — when he’s remembered at all — for just one plate appearance. “One thing in 10 years,” Davis sighs, more in acceptance than disappointment. “That’s boiling your career down.” That trip to the plate ended in a two-out walk. Yet without that walk, Kirk Gibson doesn’t hobble out of the dugout to hit one of the most memorable home runs in Dodger history. Without that walk, the Dodgers don’t win Game 1 of the 1988 World Series — and maybe they don’t win the World Series at all. And without that walk Vin Scully never utters one of his memorable calls: “In a year that has been so improbable, the impossible has happened!" “A lot of things had to go right for us,” Davis said. “And it turns out that it was so historic, that's all they've talked about for the last 30, 35, years.” For Davis, 66, that was half a lifetime ago. Since then he’s made and lost more than one small fortune, got divorced, cycled through a number of careers, reconnected with his father and seen his deep relationship with God challenged by a politician. “It’s happened that way,” Davis said over a late breakfast of French toast and bacon at a diner not far from the Las Vegas strip. “I’ve made mistakes in my life,” he added quietly. “I’ve made mistakes, yeah.” Before he became a Dodger, he and Oakland teammate Dwayne Murphy each agreed to loan a budding hip-hop musician and former A’s batboy named Stanley Burrell $20,000 to produce his debut album. Burrell would release that album under his stage name, MC Hammer, and go on to win three Grammys and sell more than 50 million records worldwide. But the singer failed to honor his agreement with Davis and Murphy, forcing them to sue. That wasn’t the only dispute Davis would have with Burrell and his team over money, nor the only bump on the road from World Series stardom to the rest of his life. He owned a condominium complex for a while before selling at a loss when he had trouble collecting rents. Then he and Murphy opened a modest nine-store chain of clothing outlets that also closed at a loss. “That was a nightmare,” Davis said. He coached at a high school in San Ramon, Calif., where Davis managed the baseball team and Murphy the football team. Davis was then a minor league hitting instructor for four teams and two organizations, tried online sales, currency trading and even sold insurance — first life insurance, then burial insurance. “It was sad because you would prey on people that lost somebody, and you'd come in and try, with the guilt trip, to get them to to make sure their kids weren't paying for their burial,” he said. “I felt like the Grim Reaper.” Nothing worked. And soon Davis’ marriage was crumbling as well. But if he’s made mistakes he’s also made amends, eventually finding peace and purpose in Sin City, first by supporting his father in his final days and then by returning to the start of baseball’s circle of life to mentor the players taking their first awkward steps on the road that led him to riches, then ruin. “The kids absolutely love him,” said Justen Grenier, who has coached alongside Davis for seven years. “And he just loves the kids. He loves giving back. I think it just goes back to who he is.” One plate appearance may be all most people remember him for, but Davis refuses to let that define a life and a career that has hardly been a walk in the park. “He was down and out until he went to Vegas to help his dad. And he’s probably as happy as I’ve seen him in the last 10, 15 years,” said Murphy, a close friend since he and Davis played together for the first time in 1980. “Things just turned around for him. “And every time I went down to Vegas and talked to him, he never really said why.” Davis knew he was going to do something memorable in his first and only World Series. He was in prayer, he said, when God told him he would hit a home run. And if heaven tells someone in the Davis family something good is about to happen, it’s probably best to listen. When young Mike was still in grade school, his grandmother lifted him onto her lap, gave him a fielder’s glove and told him she’d gotten word from on high that he’d be a big-league baseball player someday. And, she added, you’re going to play for her hometown Oakland A’s. Ten years later, he was selected in the third round of the amateur draft by the Oakland A’s. Then, midway into Davis’ rookie season, grandma Lena told him he was going to start that night’s game, something he had done just three times in three months. “She was into prayer all the time. She spent a lot of time talking to Jesus,” Davis said. “And my answer was ‘I know you know Jesus, but you don’t know Billy Martin.’” But that night, 10 minutes before the first pitch, another player was pulled from the lineup with back spasms and Martin, the A’s irascible manager, wrote Davis’ name in his place. Six innings later, Davis hit his first major league homer — just as his grandma had predicted in the note she left in Davis’ pants pocket. That history of divine intervention did little to persuade his Dodgers teammates when Davis told them of the World Series prophecy he’d received — partly because Martin was a pussycat next to Dodger manager Tommy Lasorda. And Davis was deep in Lasorda’s doghouse after a career-worse season in which he slashed .196/.260/.270 with two homers and more strikeouts than hits in 108 games. The year before, he had hit .265 with 22 homers and 72 RBIs for Oakland, earning a two-year $1.975-million free-agent contract from the Dodgers, who saw Davis as the missing piece in their outfield. However, just before spring training the Dodgers added Gibson, who became available when he was declared a free agent by an arbitrator in a collusion case brought against MLB owners. That signing created a logjam in the outfield. And things got worse for Davis when he stepped into a pothole and injured an ankle during a farcical spring training visit to Puerto Rico. Playing on one leg, Davis hit just .188 in the first month of the season and didn’t get his first home run until late June. But he made the World Series roster just the same and with the Dodgers trailing 4-3 and down to their final out in Game 1, Lasorda was out of options. So he called Davis out of the doghouse and sent him to the plate to hit for shortstop Alfredo Griffin. “When opportunity showed itself, and I'm coming up in the bottom of the ninth, all I could think about is the word that I received from God,” Davis said. “Oh, here it is.” Dennis Eckersley’s first pitch was the only one close enough to hit and Davis just missed it, fouling if off. With light-hitting Dave Anderson scheduled to hit next, Eckersley, respecting Davis’ power and unaware Gibson had spent the last two innings in the batting cage getting ready to hit, pitched around his former teammate, throwing four straight balls to put the tying run on base. Gibson then limped gingerly to the plate. With a torn medial collateral ligament in his right leg and a strained knee and torn hamstring in his left, it was unlikely he’d be able to drive the ball. That meant Davis had to get into scoring position to give his team a chance. After spending the first couple of pitches timing Eckersley’s move to first, Davis tugged at his uniform pants, signaling third base coach, Joey Amalfitano, that he was ready to go. Amalfitano signaled back the OK and on a 2-2 pitch, Davis stole second without a throw. “If I would have got thrown out with Kirk Gibson at the plate, you would have had to bury me at second,” Davis said. It was a gutsy play that completely changed Gibson’s at-bat. He no longer needed an extra-base hit to tie the game; a blooper to the outfield would be enough. “I wanted to hit the ball over the shortstop’s head,” Gibson would say later. “I just visualized it, and when you do that, it slows you down. It put me in a good mindset.” What happened next hasn’t been forgotten nearly four decades later. Eckersley threw the back-door slider Gibson was waiting for and he reached out with an awkward swing to line the full-count pitch into the right-field pavilion for the biggest home run in franchise history. “A lot of people talk about the home run only,” said Steve Sax, who was in the on-deck circle when Gibson homered. “But the preemptive strike in the whole thing was Mike and the walk, which was huge. He set the whole table for us.” And while the Gibson’s homer has become the stuff of legend, what’s become forgotten is the home run Davis hit five days later. Given the green light to swing at a 3-0 pitch, he hit a fourth-inning homer that drove in the winning run in Game 5, giving the Dodgers their final championship of the 20th century and making good on the prophecy he had received in prayer before the World Series started. For Davis, in a season that had been so improbable, the impossible had happened. “That’s something that isn’t talked about a lot,” said Mike Scioscia, the Dodgers starting catcher that season. “But it was important.” Davis played just one more season in the majors before retiring at 32, following unsuccessful league trials with the Yankees, Giants and Expos. The spring training ankle injury with Dodgers and a knee injury sustained when he kicked a door in frustration halfway through his final season in Oakland conspired to bring his once-promising career to a premature close. What followed still remains a blur. Few of the jobs he tried made much money and, with the exception of the coaching gigs, none of them brought much happiness or fulfillment. That didn’t come until 2009, when he moved to Las Vegas to take care of his ailing father, John, a former Marine and San Diego police officer who attended high school with baseball Hall of Famer Frank Robinson and played playground basketball in Oakland with basketball Hall of Famer Bill Russell. “My mother had passed and my father was going through dialysis and had fallen a couple of times. He needed help,” Davis said of his father, who died five years later of renal failure. He was 78. And while Davis wouldn’t have admitted it then, he needed help too. He found that when when he reconnected with his dad in his final days. “During that time we got know each other,” said Davis, who left home to play ball when he was teenager. “It was awesome.” The dark mustache he wore in his playing days has expanded into a neat salt-and-pepper beard and his body, well, it’s expanded too. Less than a year ago Davis, who played at 190 pounds, had ballooned to more than 300. He’s lost about 50 pounds in the last six months. The athletic grace Davis had as a player is mostly gone and he moves stiffly when he walks, a souvenir from the knee and ankle injuries that ended his career. Still, after moving from Arizona to Nevada, he tried trading on his baseball resume by joining a burgeoning group of former big leaguers — one which includes four-time batting champion Bill Madlock; former American League MVP Jason Giambi; and José Canseco’s brother, Ozzie, who spent parts of three seasons with Oakland and St. Louis — in coaching kids. “The coaching really keeps me busy, keeps me doing stuff,” Davis said. “I stopped doing anybody under 12, under 13 years old, in private lessons, because I don't want to babysit. You can get that from a minor league player, a high school kid. “I think what I give you is something special.” Many of his players agree. “Other coaches, they really just care about winning the game. Mike cares about me individually,” said Anthony Syzdek, 15, who has been with Davis more than half his life. “He's probably the friendliest coach you'll ever meet. He knows a lot about baseball. So like any question I have, he'll answer for me.” But his teachings don’t stop at baseball. He gives life lessons as well. “Mike's always teaching,” said Terra Pashales, who pays nearly $400 a month for her two boys, Jackson and Jameson, to play on Davis’ under-16 travel-ball team. “He talks to them about everything. He talks to them about their manners and everything baseball. He just goes above and beyond.” When Davis arrived for a recent midweek practice at the west Las Vegas Christian academy his team calls home, the gate to the field is locked. By the time he finds somebody with a key, the sky is already growing dark so Davis and Grenier rush the players through a number of fielding drills, stressing fundamentals, not flash. About halfway through the two-hour workout a weary Davis, wearing shorts and a gray T-shirt with 6-4-3 — the scoring sequence for a double play — stenciled across the front, takes a seat in a plastic chair near the plate. But the encouragement, delivered in a peppy, upbeat cadence, never stopped. “Keep those feet moving! C’mon guys!,” he shouts at one point. “How are you feeling?” he asks of a player coming off a slight injury. “You moving OK?” Away from the field Davis, who is decidedly old school, admits it’s getting harder and harder to get young players to play the game the right way. But he hasn’t given up — and not just in Las Vegas. For the past decade, Davis has also returned to Vero Beach, Fla., the Dodgers’ former spring training base, each summer for the Hank Aaron Invitational, a diversity-focused baseball development experience for as many as 250 high school-age players. There he has coached alongside dozens of other ex-major leaguers, part of what he sees as his responsibility to give back to the game by giving opportunities to Black and Hispanic players. “A lot of these guys have been told how good they’ve been since they’re been 10 years old,” he said. “I’m saying the same stuff over and over again, so it goes in one ear, out the other. They see major leaguers, they see Derek Jeter doing that jump throw from shortstop and everybody wants to do the jump throw instead of setting their feet and throwing it over there. “There’s a cool gene that’s out there where everybody’s got to be so cool. I become the bad guy a lot of times because I’m screaming at them to do it the right way.” Baseball isn’t Davis’ only passion — nor is it the only thing that has recently tested some of his most deeply-held precepts. For Davis, his Christian beliefs have long been the foundation of everything he does and his faith has taken him around the globe to share the Gospel. “One of the things my dad will say is ‘I know the Bible and I know baseball,’” said Davis’ daughter, Niki, who works in the modeling industry in Los Angeles. “Getting back into coaching and doing things that he is passionate about, that he loves and that he knows like the back of his hand, that did kind of help him find something that he feels comfortable and good about again.” Recently, however, Davis felt forced to choose between his community of faith and faith in his community when the conservative, Pentecostal church he attended lined up behind a politician, Donald Trump, instead of Jesus. “I heard the pastor say they picked their tribe with who they’re going to follow,” said Davis. who speaks in a slow, quiet voice that gives his words extra weight. “I couldn’t believe it. I got thrown for a loop.” “The investment that God has made in me as I’ve traveled around the world and watch[ed] him do amazing things in people’s lives; that’s what I programmed myself with,” he continued. “I consider myself a warrior ready to defend the Gospel at the drop of a hat. “I wasn’t planning on defending it against my fellow Christians.” So Davis left that congregation, his faith in the Gospel strengthened even as his faith in the church wavered. Because if nothing else, Davis has learned the power of a well-timed walk.

Kevin Baxter 3 days ago

Business

Nuvini Group Appoints Roberto Otero as Chief Financial Officer

~ Seasoned Financial Executive Bolsters Leadership Team to Drive Strategic Growth and M&A Execution ~~ Current CFO Luiz Busnello to continue as Board Member at Nuvini ~NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Nuvini Group Limited (NASDAQ:NVNI) ("Nuvini" or the "Company"), a leading serial acquirer in the Latin American SaaS sector, today announced the appointment of Roberto Otero as Chief Financial Officer, effective November 3rd, 2025. Otero will succeed Luiz Busnello who will transition from his current role as CFO and remain actively involved with Nuvini as a board member.Otero brings more than two decades of experience across global capital markets and corporate finance. He spent over a decade at Bank of America Merrill Lynch, where he served as a Director in Equity Research, leading coverage of the healthcare, education, technology, and transportation sectors. Most recently, he was CFO of Eurofarma's International Operations, where he oversaw financial strategy, cash flow, and treasury across 23 countries. Eurofarma Group generated more than $2 billion in revenue and $300 million in EBITDA in 2024. Previously, he served as CFO of Arco Educação (NASDAQ:ARCE), a leading education-technology platform, whose free-float was acquired by a consortium led by Dragoneer Investment Group and General Atlantic valuing the company at approximately $1.5 billion."As we continue to build Nuvini into a SaaS consolidator modeled after Roper Technologies and Constellation Software, Roberto's proven track record and ...Full story available on Benzinga.com

Globe Newswire 3 days ago