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KSL Capital Partners & Soneva Resorts A Cautionary Tale of Due Diligence

KSL Capital Partners, a prominent private equity firm boasting over 165 companies in its portfolio and managing a staggering $21 billion in assets, is known for its keen eye for exceptional businesses. With a focus on operational expertise and collaborative partnerships, one might wonder how such a powerhouse could find itself entangled in the web of controversy surrounding Soneva Resorts and its CEO, Sonu Shivdasani. Soneva, formerly Soneva Resorts and Residences, stands as a testament to luxury hospitality, with its roots tracing back to its founding in the Maldives in

Standard Chartered GBA business confidence survey shows sentiment holding up

Findings highlight sustained growth momentum HONG KONG, July 8, 2024 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the Standard Chartered GBA Business Confidence Index (GBAI) for the second quarter of 2024. The “current performance” index for business activity remained largely unchanged in Q2 at 54.1, compared to 54.3 in Q1, and near its strongest level since Q2 of 2021. The GBAI “expectations” index rose to 54.8 in Q2 from 54.0 in Q1, registering its first rise in five quarters. The figures

How artificial intelligence is revolutionizing online casinos Wazamba casino

When we think about online casinos like Wazamba casino , we often focus on colorful games and potential winnings. Behind the scenes, Wazamba casino platforms use advanced technologies to provide a great experience for its users. Artificial intelligence (AI) is one of the technologies that is increasingly marking its presence in this industry, introducing a number of benefits and innovations. Automation and personalization Artificial intelligence in online casinos like Wazamba enables the automation of many processes that previously required human intervention. From slot machines to customer service to data analysis,

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

TCG World Proudly Announces Partnership With STYNGR & Downtown

In partnership with STYNGR, XRP Ledger, and the iconic Downtown is set to launch music digital collectibles in Q2 2024 featuring artist exclusives, in-world activations, and more LOS ANGELES, April 10, 2024 – The virtual realm will soon pulse to the rhythm of music. TCG World, the fast-growing and immersive Web3 online open world metaverse, today announced a groundbreaking partnership with STYNGR, the premier music integration platform for the gaming ecosystem, and Downtown, one of the most dominant forces in the music industry. In a move set to revolutionize the

OMNIA Protocol Integrates Blockpass to Secure DeFi Trading

HONG KONG, Apr 2, 2024 - (ACN Newswire) - Blockpass is pleased to reveal a new partnership as OMNIA Protocol, a specialized RPC provider for DeFi traders, integrates Blockpass’ regulatory regulatory solutions. Through this integration, OMNIA benefits from compliance measures that include KYC, AML and KYB that will protect its users as they utilize the benefits of DeFi and the crypto space. Created by cybersecurity, privacy and trading experts, OMNIA aims to tackle DeFi issues including front-running and MEV exploitation to create an ecosystem where anyone can enjoy an unparalleled

HDEX Becomes the First UK Company to Participate in the Technological Revolution in Camarines Norte, Philippines

A milestone marking the beginning of a new era of collaboration and innovation for a sustainable future. FOR IMMEDIATE RELEASE [LONDON CITY, UK] - HDEX, the World’s First Hydrogen Exchange, has made history by becoming the first company from the United Kingdom to take part in the groundbreaking technological revolution in Camarines Norte, Philippines. This momentous occasion marks a significant milestone in the economic development of both nations and sets the stage for a new era of collaboration and innovation. "We are thrilled to be the first UK company to

Alvara Protocol Raises $2.4M in Lightning Public Round

  Alvara Protocol is looking set to play a substantial role in redefining how the world invests. Their groundbreaking infrastructure, that is set to be an industry first, leverages the ERC-7621 (BTS or Basket Token Standard) to facilitate the creation of fully decentralized tokenized cryptocurrency investment funds. Now, anyone can now become a fund manager with ease. The responsibility for managing funds is something that has long been gatekept. Reserved for institutions or those already financially established. This is no longer the case. Alvara are poised to empower the next

Revolutionizing Cricket Viewing: myco Secures digital streaming rights for HBL PSL Season 9 & 10

Dubai UAE Highlights: myco Secures PSL Streaming Rights: myco, a global blockchain-based video streaming platform, has obtained digital streaming rights for the HBL PSL Seasons 9 & 10, aiming to transform digital sports streaming. "Watch & Earn" Model: Viewers can watch HBL PSL matches in HD for free on myco and earn from the advertising revenue generated, thanks to the platform's innovative "Watch & Earn" model, which rewards viewers based on their watch time. Easy Earnings Withdrawal: Through integration with Simpaisa, myco's payment partner, users can conveniently withdraw their earnings

[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

Ultimate Led Zeppelin Hosted by Jimmy Rodgers on NEWHD Radio

New York & Los Angeles – This week, NEWHD Radio is thrilled to announce the launch of a groundbreaking feature, "Ultimate Led Zeppelin," hosted exclusively by Jimmy Rodgers. Available on NEWHD Radio in New York and Los Angeles, listeners can tune into this exceptional show via the NEWHD Radio App. "Ultimate Led Zeppelin" is set to present an immersive journey through the history and music of the iconic band, Led Zeppelin. The show will air every day of the week at 1 AM, 7 AM, 12 PM, 4 PM, and