Author: Press Room

The Indian Premier League is no longer being valued like a cricket tournament.It is being priced like a scarce, cash-generating media franchise with a captive audience, limited supply and growing institutional demand.That shift became unmistakable in 2026. Royal Challengers Bengaluru changed hands in a $1.78 billion deal in March, while Rajasthan Royals agreed to a $1.65 billion sale in May, with both transactions awaiting regulatory approvals.Together, the deals signal how rapidly IPL ownership has evolved from promoter-driven franchise holding into a global contest for premium sports assets.Why the IPL has become investableThe attraction for private equity, family offices and strategic…

NEWYou can now listen to Fox News articles! Secretary of War Pete Hegseth on Sunday suggested Sen. Mark Kelly, D-Ariz., may have violated his oath with comments he made to a news outlet following a classified briefing.Kelly told Margaret Brennan on Face the Nation that it is “shocking how deep we have gone into these magazines” when asked if the Pentagon has updated lawmakers on the Iran war’s impact on U.S. weapons stockpiles. The senator told Brennan the Tomahawks, Army Tactical Missile System (ATACMS), RIM-161 Standard Missile 3 (SM-3), Terminal High Altitude Area Defense (THAAD) rounds and Patriot rounds used to…

Lionel Bonaventure | Afp | Getty ImagesCoinbase became the latest tech company to announce a round of layoffs Tuesday morning, blaming artificial intelligence for altering the company’s operations. Prediction markets traders think the fintech company is yet another sign of what’s to come among technology providers. Traders on Kalshi give a 92% chance to more tech layoffs in 2026 than in 2025, when they job losses totaled 447,000. Already in 2026, the Bureau of Labor Statistics has reported 178,000 layoffs in the information sector through March, according to data from the Job Openings and Labor Turnover Survey. For its part, Coinbase is cutting…

Antony Catalano: Accused media boss excused from court appearance due to ‘potentially detrimental’ impact of media reporting | The West Australian Close navigation menuSubscribeLog In

SEOUL: South Korean shares hit record highs on Monday (May 11), as chipmakers extended gains amid optimism over artificial intelligence, bolstered by a rally in US peers and upbeat data.The benchmark Kospi rose as much as 5.05 per cent in early trade to an all-time high of 7,876.60 in morning trade. During the session, a trading curb was activated by sharp gains in the index.Samsung Electronics rose more than 5 per cent and SK Hynix gained more than 10 per cent, with both chipmakers hitting record levels.Last week, the Kospi rose 13.6 per cent, the biggest weekly jump since late…

NewsFeedDemonstrators rallied across the Somali capital in support of families displaced by a wave of government-led home demolitions. Opposition figures, who organised the protests, say security forces shot and killed one person while trying to disperse the crowds.Published On 11 May 202611 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

A logo of Cloudflare sits outside the company’s house on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 20, 2025.Yves Herman | ReutersCloudflare reported first-quarter earnings Thursday that beat analysts’ expectations, but the company announced a 20% reduction in its workforce. Shares sank 24% Friday.Here’s how the cloud company did versus LSEG estimates:Earnings per share: 25 cents vs. 23 cents expectedRevenue: $640 million vs. $622 million expectedIn a blog post, the company announced that it is cutting over 1,100 employees, writing that agentic artificial intelligence has “fundamentally changed” the company’s work.”This…

When President Trump arrives in Beijing aboard Air Force One for a high-stakes summit with President Xi Jinping, the top issue on the Chinese leader’s mind won’t be the global impacts from the Iran war and bottlenecked Strait of Hormuz.Instead, Xi will be focused on Taiwan, the tiny island democracy in the western Pacific Ocean that China claims as its own.Ownership of the island is the top issue in the U.S.-Chinese relationship. The U.S. has maintained a policy of “strategic ambiguity towards” Taiwan for decades, refusing to state whether or not it would intervene militarily if China attacked Taiwan. At…

In this web exclusive, correspondent Tracy Smith sits down with comedian Martin Short, star of “SCTV,” “Saturday Night Live” and “Only Murders in the Building,” to talk about how director Lawrence Kasdan convinced him to become the subject of the documentary, “Martin: Life Is Short.” They also discuss applying his childhood fantasies in show business; experiencing grief and loss as a young man; his first professional job on “Godspell” with Gilda Radner; and the value of reading his own reviews. He also describes his treasured characters like Ed Grimley, Nathan Thurm and Jiminy Glick.

UFC’s Michael Chandler preps for the America 250 White House fight UFC fighter Michael Chandler invites Fox News meteorologist Adam Klotz to his Nashville, Tennessee gym for an intense MMA training session. Chandler discusses his historic upcoming fight at the White House for America’s 250th anniversary, UFC Freedom 250, and his passion for supporting veterans through Folds of Honor and Phorm Energy drinks. He emphasizes resilience and faith in his journey from a college walk-on to the White House. NEWYou can now listen to Fox News articles! Sean Strickland left everything in the octagon at the Prudential Center in Newark,…