We need more cash, demands BBC boss as funding cuts bite

Speaking during the Royal Television Society conference in London, he said the broadcaster would not be able to compete due to licence fee cuts. He urged people to support the BBC in an age of “fake news” and “decreasing British content”, as Amazon and Netflix continued to expand their audience share. Lord Hall, 67, said: […]

GOLDMAN SACHS: Chinese tech giants are dominating North America in VC funding for the first time, and it could be the start of an unprecedented boom (BABA, BIDU, JD)

Chinese companies outpaced their American counterparts in venture-capital funding for the first time during the second quarter, according to Goldman Sachs. Tech giants and Softbank contributed the most to this milestone. According to Goldman’s analysts, Chinese tech giants including Alibaba and Baidu are creating ecosystems with unprecedented influence to develop new technologies and business models.  Watch […]

‘Ditch refugee institution, look at real numbers’: Netanyahu praises US for axing UNRWA funding

Israeli Prime Minister Benjamin Netanyahu has thrown his support behind the US decision to pull funding from the UN’s Palestinian refugee agency (UNRWA), accusing the aid group of inflating the number of refugees it assists. Speaking at Yad Binyamin on Sunday, Netanyahu said UNRWA is “perpetuating” the plight of refugees and that by pulling funding, […]

ISIS receives arms, funding ‘under patronage’ of foreign special services & NGOs – Russia’s UN envoy

The remnants of ISIS continue to receive foreign funding and arms supplies, Russian ambassador Vassily Nebenzia told the UN Security Council, adding that the terrorists are seeking to diversify their crippled sources of income. “Evidence continues to amass that weapons are being smuggled [to Islamic State (IS, formerly ISIS/ISIL) terrorist group in Syria] from outside, […]

‘It was, at best, hasty and naive, and, at worst, manipulative’: Experts slam Elon Musk’s confusing defense of why he tweeted ‘funding secured’ (TSLA)

Rebecca Cook / Reuters Tesla CEO Elon Musk released a statement on Monday in which he shed light on some of the questions raised last week by his statements about taking the company private. But Musk’s explanation is incomplete and raises new questions, experts say. Musk’s new statement doesn’t back up his claim last week […]

Great-power competition is growing in the Arctic, but lawmakers want to cut funding for the US’s next icebreaker

Great-power competition is growing in the Arctic, but lawmakers want to cut funding for the US’s next icebreaker NOW WATCH: Watch the incredible moment an iceberg flips out of the water and causes a huge wave See Also: 20 NFL players who lost a ton of weight in retirement and how they did it The […]