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Silicon Valley VC firm raises $1.2 billion to find and fund the next Elon Musk

Published Mon, 11 Nov 2024 12:49:38 GMT

By Edward Ludlow | BloombergSilicon Valley investment firm Eclipse has raised $1.2 billion for two new funds, both dedicated to backing startups trying to modernize physical industries.The funds bring the Palo Alto-based firm’s total assets under management to $4 billion, Eclipse announced Monday. One fund, worth $720 million and called Eclipse Fund V, will focus on young companies with an emphasis on manufacturing, supply chain, transportation and electrification businesses. The remainder of the money will go to Early Growth Fund II, which will back more mature companies.“Some of the most amazing founders in the market right now want to be Elon Musk,” Eclipse Founding Partner Lior Susan said in an interview on Bloomberg Television on Monday. “They want to build cars, they want to build rockets, and they understand that the impact of technology can be much more superior in the physical world than what we’ve been trained in Silicon Valley.”Eclipse is raising money at a tumultuous tim...

Katie Cotton, guardian of the Apple brand for 18 years, dies

Published Mon, 11 Nov 2024 12:49:38 GMT

By Mark Gurman | BloombergKatie Cotton, a longtime Apple Inc. communications chief who served as a steward for the company’s iconic brand during the Steve Jobs era and beyond, has died.Cotton, born in 1965, “passed peacefully” on April 6, her family said in an online obituary. Apple confirmed her death in a statement Monday.“We’re deeply saddened by Katie’s passing,” the company said. “She was an extraordinary person and she made countless contributions over the course of her two-decade career at Apple. Our thoughts are with her loved ones and everyone who had the opportunity to work with her.”Cotton was named Apple’s vice president of communications in 1996 and stayed in that role until her retirement in 2014, crafting the company’s media strategy and helping orchestrate its groundbreaking launch events. She worked behind the scenes as a champion of Apple’s brand and famously protected Jobs through his health decline.Related ArticlesObituaries | H-1B spouses court ruling...

Southbound 880 in Fremont shut down due to CHP activity

Published Mon, 11 Nov 2024 12:49:38 GMT

(KRON) -- Southbound I-880 at Auto Mall Parkway in Fremont is shut down due to police activity, according to an alert. All lanes are currently blocked.A severe traffic alert is in effect, according to the California Highway Patrol. Traffic is being diverted at Fremont Boulevard. Motorists are being advised to expect delays and use alternate routes to avoid the area. Mid-Market Whole Foods location closing — just one year after opening Video from a Caltrans camera of the scene shows what appears to be a line of officers walking down the empty section of freeway looking for clues.The area of the 880 that is currently shut down is in the same vicinity as the area where 5-year-old Eliyanah Crisostomo was shot and killed over the weekend. The CHP is investigating the shooting and asking for the public's assistance.No suspects have yet been identified in that shooting, according to the CHP.There is no estimated time to reopen the roadway.This is a developing story. Check back for updates.

Cuántos son los hijos de Joan Sebastian que han fallecido

Published Mon, 11 Nov 2024 12:49:38 GMT

MÉXICO – Tras la muerte de Julián Figueroa, se reavivaron los escándalos que rodearon las muertes de sus hermanos mayores, hijos del cantante Joan Sebastian.Entre los hermanos mayores que ha fallecido se encuentran: Trigo Figueroa, de 27 años, quien apoyaba a su padre en la logística de sus conciertos en EEUU, falleció el 27 de agosto del 2006 luego de que le dispararan durante un concierto en Texas, cuando intentaba contener una trifulca.Cuatro años después, en el 2010, Juan Sebastián Figueroa murió de la misma manera que Trigo, al salir de un bar en México. Tenía 32 años. “Está destrozada”: así se enteró Maribel Guardia de la muerte de su hijo Julián Figueroa ¿Una maldición? Muertes y escándalos que han sacudido a la familia Figueroa Pero no son solo los hijos de Joan Sebastian los que han muerto en estas circunstancias, también un sobrino, el ganadero Hugo Figueroa, fue secuestrado y hallado muerto en Michoacán, México, e...

Biden celebrating diplomacy, ancestry on visit to Ireland

Published Mon, 11 Nov 2024 12:49:38 GMT

BELFAST, Northern Ireland (AP) — President Joe Biden embarked Tuesday on a journey of diplomatic and family celebration, highlighting the U.S. role of 25 years ago in ending deadly bloodshed in Northern Ireland while catching up with distant relatives in the Republic of Ireland. It’s his first trip back as America’s president. Monday marked a quarter-century since the Good Friday Agreement, signed on that day in April 1998, ended decades of violence in Northern Ireland that killed 3,600 people. Northern Ireland, which is part of the United Kingdom, is observing the milestone anniversary with a reunion of key players in the peace process along with Biden’s visit.Deep divisions remain over the conflict’s legacy, and U.K. authorities in March raised the terrorism threat level in Northern Ireland to “severe,” warning of IRA dissidents opposed to the peace process and set on attacks. Youths threw gasoline bombs and set a police vehicle on fire during a dissident march in Londonderr...

Manhattan DA Bragg sues Rep. Jim Jordan, blasts House Judiciary panel’s ‘unconstitutional attack’ on Trump indictment

Published Mon, 11 Nov 2024 12:49:38 GMT

NEW YORK (AP) — Manhattan DA Bragg sues Rep. Jim Jordan, blasts House Judiciary panel’s ‘unconstitutional attack’ on Trump indictment.Source

Mobile tower could help guide planes at Leesburg Executive Airport after FAA shuts down off-site system in June

Published Mon, 11 Nov 2024 12:49:38 GMT

With a June deadline posing the possibility that the ever-growing number of corporate jets and small planes at Leesburg Executive Airport would have to take off and land without guidance from air traffic controllers, the Federal Aviation Administration and Leesburg, Virginia, officials are considering stopgap measures.The Leesburg Town Council will be briefed Tuesday evening on the latest attempt to help the airport maintain air traffic control operations until it is able to build a traditional brick and mortar tower.Since 2015, the company that works with Leesburg Executive Airport, Saab, has been operating an experimental remote tower system for air traffic control.A remote tower system uses radar and cameras that are located away from the airport to help air traffic controllers direct planes to land and take off. An RTS takes the place of towers built on airport grounds.Recently, however, the FAA has called for stiffer requirements for air traffic control. After a series of decis...

El presidente Biden inicia una gira por Irlanda

Published Mon, 11 Nov 2024 12:49:38 GMT

WASHINGTON – El presidente Joe Biden iniciará este martes su gira de cuatro días por la provincia británica de Irlanda del Norte y la República de Irlanda para celebrar el 25 aniversario del acuerdo del Viernes Santo, que puso fin a tres décadas de conflicto en la isla.La Casa Blanca reveló este lunes las claves del viaje y aseguró que Biden, de origen irlandés por parte materna, está deseando poner rumbo a la tierra de su antepasados.“El presidente está deseando emprender este viaje y celebrar los profundos lazos históricos que unen a nuestros dos países y que nuestros dos pueblos continúan compartiendo”, afirmó en una rueda de prensa John Kirby, uno de los portavoces en la Casa Blanca. Biden planea visita a Irlanda por el aniversario del acuerdo de Viernes Santo El número de muertos sube a 10 por la explosión en una gasolinera en Irlanda Según Kirby, Biden llegará el martes por la noche a Belfast y será recibid...

Premier League to hold summer tournament in United States

Published Mon, 11 Nov 2024 12:49:38 GMT

LONDON (AP) — The Premier League will hold an off-season tournament in the United States this summer featuring six teams.Chelsea, Newcastle, Aston Villa, Fulham, Brighton and Brentford will play in the nine-match “summer series” in July, the league announced Tuesday.“Our clubs have incredible supporters in the U.S., who passionately follow their teams throughout the season,” Premier League chief executive Richard Masters said in a statement.The matches will be played from July 22-30 in Atlanta, Orlando, Philadelphia, as well as in Harrison, New Jersey, and Landover, Maryland.Chelsea and Brighton will kick off the tournament at Lincoln Financial Field in Philadelphia on July 22.While a number of English top-flight clubs have held off-season tours in the U.S. it is the first time the league has staged a tournament there.The league said it was part of an “ongoing commitment to its U.S.-based fans.”___More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_SportsS...

Napoli forward Osimhen out of Champions League game vs Milan

Published Mon, 11 Nov 2024 12:49:38 GMT

MILAN (AP) — Napoli heads into one of its biggest-ever matches without star player Victor Osimhen.Osimhen has missed the last two matches for Napoli after injuring the adductor muscle in his left leg while on international duty with Nigeria.The club hoped the forward would be fit for the first leg of the Champions League quarterfinals against AC Milan at the San Siro on Wednesday but he failed to recover in time and was not included in the matchday squad.Osimhen is the top scorer in the Italian league this season and his 21 goals have played a crucial role in Napoli’s seemingly unstoppable march to a first Serie A title since Diego Maradona led the club to its only two Italian league championships in 1987 and 1990. Napoli has a 16-point lead at the top of the table with the team also featuring dribbling wizard Khvicha Kvaratskhelia and influential midfielder Stanislav Lobotka.Osimhen has netted four times in the Champions League this season, including three goals in the victory over...