Monday, September 25, 2023
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Keir Starmer aims at repairing ‘bridges Tories have burnt’


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Sir Keir Starmer, the Labour party leader, will pledge on Saturday to boost Britain’s standing in the world and repair “the smouldering cinders of the bridges the Tories have burnt”, as he seeks to establish himself on the world stage.

Starmer will meet a number of world leaders, including Canadian premier Justin Trudeau, at a conference of centre-left politicians in Montreal this weekend before heading to Paris at the invitation of French president Emmanuel Macron next week.

The leader of the UK’s main opposition party will say in Montreal that if he wins the next election he will rebuild Britain’s international partnerships, which he claims have been weakened by the fallout from Brexit and undermined by Rishi Sunak’s Conservative government.

Starmer will challenge Sunak to state categorically that he will face down those Conservative MPs who want Britain to pull out of the European Convention of Human Rights.

He will tell the Global Progress Action Summit that Labour is committed to the ECHR and claim Sunak’s “equivocation” is damaging Britain’s global influence and preventing the country from leading on the world stage.

“Their drum beat of threats to pull out of the ECHR is nothing more than a desperate attempt by a failing government to whip up division in order to cling to power, with the consequences for Britain’s security and prosperity an afterthought,” he will say.

Migrants rescued from a boat crossing the English Channel: Rishi Sunak says the Illegal Migration Act is compatible with the UK’s global obligations © TOLGA AKMEN/EPA-EFE/Shutterstock

Sunak has said his plan to send cross-channel migrants to Rwanda is compatible with Britain’s international obligations, including the ECHR, but the policy is being challenged in the courts.

“Our Illegal Migration Act will deliver the changes necessary to reduce the incentives for people to risk their lives through illegal crossings while remaining party to the ECHR,” Downing Street said on Friday.

The government has previously declined to comment on “speculation” that Sunak might propose leaving the ECHR if the Rwanda policy were ruled to be illegal.

Starmer, who campaigned for Remain in the 2016 Brexit referendum, will say that even a veiled threat to leave the ECHR would leave Britain “floundering in the same grubby waters as Russia and Belarus”.

“Rishi Sunak must now stand up to the wreckers in his own party and — for once — put British security above the narrow interests of the Tory party,” he will say.

Sunak argues that he has already significantly raised Britain’s standing on the world stage, notably by repairing relations with the EU with a remedy for the row over Northern Ireland’s post-Brexit trading arrangements.

The prime minister has also signed a defence pact with the US and Australia and inked political agreements with Macron and US president Joe Biden. In November he will host an international summit on artificial intelligence.

Starmer will paint a less rosy picture, telling delegates the west faces “an axis of instability” from climate change, people-smuggling gangs, terrorism and assaults on democracy.

“After 13 years of narrowing our influence and our strength, the smouldering cinders of the bridges the Tories have burnt now stand between us and the alliances and agreements that will determine the future,” he will say.

Starmer travelled to The Hague this week for talks with Europol, the EU’s crime agency, and announced plans to strike a returns agreement with Brussels to share the burden of migration across the continent if Labour wins the general election expected next year.

That policy was strongly attacked by the Conservatives, with Suella Braverman, the home secretary, saying Starmer would make Britain a “dumping ground” for migrants arriving illegally in EU countries.

Ben Greenfield’s Weekly Roundup: September 8


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Product Of The Week

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Upcoming Events:

Disrupt: September 28th – 30th, 2023

Join me for the Disrupt 2023 Event in Atlanta, Georgia, from September 28th – 30th. This event is oriented toward entrepreneurs and health practitioners alike, centered around the topic of making healthcare truly healthy. This highly practical and immersive workshop will feature live Q&As, my top secrets for career success, and much more! Learn more here.

Couples Collective: October 25th – 29th, 2023

Couples Collective is an exclusive and immersive way to explore health, wellness, and mindset with your significant other. Jessa and I will be leading a health optimization and relationships workshop, alongside many other awesome couples. This is a small event, and access requires you to interview with event-holder OWN IT to ensure a right fit. However, for those who are said fit, this event is designed to bring you into deeper union within your relationship and onward into greater connection with your life, love, health, and happiness. I’m looking for 6 to 7 power couples to come join me at the event – are you one of them? Learn more here.

Keep up on Ben’s LIVE appearances by following!

Kion Product Of The Week: Kion Protein Bar

You know I’m a huge fan of Kion.

They combine the cleanest natural ingredients into complementing supplements (and foods!) that help you unlock your body’s natural energy.

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Not only that but it is made with only real, whole-food ingredients—giving it balanced macronutrients for clean, stable energy.

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Asking A Quick Favor About My New Book Boundless Parenting: Tools, Tactics & Habits of Great Parents.

Boundless Parenting standing on deskAs you may know, in February of this year I released Boundless Parenting: a labor of love made up of interviews with some of the most incredible parents on the planet and their combined wisdom.

This book is designed to be a guide to, well, guiding your child in a world where navigating the act of raising a family has become a lost art. 

The interviews in Boundless Parenting range from Bryan Johnson of Blueprint to my friends Dr. Dan and Merily Pompa, and many, many more. The text is chock full of all sorts of tools and tactics, from teaching your kids how to fast (and when it would be appropriate) to the ways Jessa and I have invested in the Greenfield family legacy. It has everything you need to go from lost-puppy-without-a-clue to grade-A super parent, and also has plenty of wisdom and actionable information for well-seasoned parents. 

Now Boundless Parenting is available as the ultimate audio experience, as each chapter’s narration comes not just from me and my wife Jessa, but also from each contributing parent’s voice. 

That’s right, you get to hear each parent read their chapter from their own perspective, making this audiobook come to life.

The parents, including my very own mom, my dad, myself, my wife, and many other models of practical parenting wisdom, delve into the fascinating realms of education, discipline, parenting, legacy, and so much more with specifics like:

  • The best methods for developing lifelong immunity, cellular resilience, mental toughness, and overall health in a child
  • How to manage your time, deal with overwhelm, care for yourself, and maintain high levels of productivity and health while raising children
  • Family mission statements to family brands, traditions, and routines that foster pride and a strong identity in children
  • Parents like Naveen Jain reveal how anyone can start a non-profit for their child for generational wealth building
  • The crazy, controversial primal secrets of “tiger dad” parents like The Liver King and Joe Desena
  • Lenore Skenazy on why she’s America’s Worst Mom (and why you should be too!)
  • Joseph Anew and Emilia Run’s advice on respectful parenting, slowing down, and controversial topics like co-sleeping
  • Angie Fletcher on the intriguing traditions she began with her oldest child as a single, divorced mother
  • My own parents Gary and Pat Greenfield on how they raised me and my 4 siblings to approach the world in a far different, outside-the-box way compared to other kids
  • And much more!

I’ve even included a sneak peek just for you in a podcast I recorded, so you can start learning right here, right now!

Listen to me go over my love and logic parenting philosophy, how Boundless Parenting came to be, and other sections directly from the book.

Because parenting isn’t something you have to do alone. Remember the saying “It takes a village”? 

So here’s the favor: Listen to the sneak peek and if it strikes your fancy, let my book and the incredible parents in it be your village. Check out the audiobook release of Boundless Parenting here.

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ARM lifts Nasdaq ahead of NYSE on IPO capital raises By Reuters



© Reuters. Arm CEO Rene Haas looks on, as Softbank’s Arm, chip design firm, holds an initial public offering (IPO) at Nasdaq Market site in New York, U.S., September 14, 2023. REUTERS/Brendan McDermid


By Laura Matthews

NEW YORK (Reuters) -Exchange operator Nasdaq on Thursday edged out the New York Stock Exchange on the measure of capital raised by traditional initial public offerings so far this year following the debut of chip designer Arm, according to Dealogic data.

So far this year, 68 traditional U.S. IPOs on Nasdaq have raised $8.6 billion, surpassing $6.4 billion for NYSE, the data released on Thursday showed.

“Today has been a milestone day for Nasdaq with Arm being the largest IPO of the year. We’re proud to remain the exchange of choice for the most innovative companies in the world,” said Karen Snow, global head of listings at Nasdaq, in a statement.

Shares in SoftBank (TYO:)’s Arm Holdings soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).

NYSE has declined to comment.

A successful showing by Arm, analysts have said, could also help other companies follow its coattails.

“If after IPO, you see the soft pop … then it could induce more companies to go public in the second half. So, it has significance to the market,” said Owen Lau, senior analyst at Oppenheimer & Co.

About 150 companies are waiting to go public on the Nasdaq, a 40% increase from same time last year, a source familiar with the matter said.

This year, Nasdaq has won 87% of U.S. IPOs listings, and has led its rival for 38 consecutive quarters according to its own data. Because the two exchanges have different listings standards, some of Nasdaq’s IPOs may not qualify to list on NYSE.

JKBX goes live, featuring listings to reserve shares in royalties from hits by Beyoncé, Ed Sheeran and more superstars


Song royalties trading platform JKBX is officially live.

The platform’s arrival in the music business has been talked about a lot this year, with the company announcing in a press release last month that it is aiming to “become a transformative force in music and investing”.

The JKBX platform, co-founded by CEO Scott Cohen, (co-founder of The Orchard and formerly Chief Innovation Officer at Warner Music Group), will offer its users the ability to invest in Royalty Shares for compositions and sound recordings of hit songs.

By doing so, JKBX says it is “bringing high-value songs to millions of retail investors and music fans alike”.

Now that it’s officially online (as of Tuesday, September 12), JKBX allows its users to reserve (via non-binding indications of interest) Royalty Shares related to music assets of hit songs. These customers will be the first to be notified when the assets will be ready for purchase.

That’s ‘reserve’ rather than ‘buy’… for now – because JKBX is in the process of seeking regulated approval from the US Securities and Exchange Commission (SEC) to sell music royalty streams to investors as a ‘Regulation A offering’.

In the fall, following SEC qualification, customers will then be able to purchase Royalty Shares of hit songs.

JKBX says that trading will officially begin on the platform later in the year, with final approval from the Financial Industry Regulatory Authority (FINRA).

At launch,  JKBX features listings of hits written and recorded by various superstar songwriters and artists ranging from Beyoncé and Ryan Tedder, to Timbaland, the Jonas Brothers, Camila Cabello, Major Lazer, OneRepublic, Ed Sheeran, Louis Bell and many more.

Listings are organized in alphabetical order, by price per share, market cap, as well as by decade (2000s, 2010s), and genre.

If you wanted to buy shares in the composition of Sucker, for example, the US No.1 hit recorded by The Jonas Brothers and co-written by Ryan Tedder, Louis Bell, Homer Steinweiss and Joe Jonas, one share is priced at $28.41.

There are 97,613 Sucker composition royalty shares being offered with a Market Cap of $2.8 million and an estimated Royalty Share yield of 3.34%. The listing notes that the song has a two-Year Average Revenue of $97,716.00.

Signed-in JKBX account holders will also be able to view streaming metrics for listings from platforms including Spotify, SoundCloud, YouTube, Pandora, as well as total stream counts.

Users will also be able to view additional info such as the composition’s ISWC (International Standard Musical Work Code).

JKBX also announced the launch of its Creator Program ahead of its official rollout this week.

According to JKBX, the program will give artists and songwriters the opportunity to receive ongoing payments for the music they helped make – even if they’ve already sold their rights or no longer own the rights in their catalog.

JKBX says it will pay a portion of revenue to artists and songwriters who sign up for the program.

For creators that join the program, JKBX builds a page showcasing them, their songs, careers, and other creator-centric content (merchandising, charities, etc.).

Commenting on the launch of the Creator Program this week, JKBX CEO Scott Cohen, said: “The JKBX Creator Program was designed to spread the wealth and treat artists and songwriters equitably. We firmly believe that the talent who create this indispensable art form that fuels us deserve that right.”

He added: “When a songwriter or producer sells the rights to their work, they do not need to get the consent from the original recording artists. We wanted to defy this industry norm and actively go out of our way to make the recording artists aware of the listings on our marketplace.”

The songs listed on JKBX – in which investors will potentially be able to buy slices of royalty income streams – will actually be offered by the company’s affiliate, Jukebox Hits Vol. 1 LLC.

This LLC (“Hits Vol. 1”) will work with music rightsholders, says JKBX, to “identify income-generating songs and determine which songs to offer on the [JKBX] platform”.

Willing rightsholders will then sell a percentage of their income interests from these songs to the Hits Vol. 1 LLC – before Hits Vol.1 subsequently sells separate portions of these income streams to fans and investors via JKBX.

Music Business Worldwide

52-Week High Stocks: 8 commodities stocks touched their 52-week high, gaining up to 40% in a month – New Highs!


Tata Consultancy Services. Share Price 3580.80 03:59 PM | 12 Sep 2023 100.16(2.87%) Larsen & Toubro. Share Price 2944.10 04:15 PM | 12 Sep 2023 49.91(1.72%) Infosys. Share Price 1501.10 03:59 PM | 12 Sep 2023 24.65(1.66%) Divi’s Laboratories. Share Price 3787.80 03:58 PM | 12 Sep 2023 51.56(1.37%) UltraTech Cement. Share Price 8571.65 03:56 PM | 12 Sep 2023 109.95(1.29%) ICICI Bank. Share Price 990.50 03:59 PM | 12 Sep 2023 12.25(1.25%) Dr. Reddy’s Laboratories. Share Price 5673.80 03:58 PM | 12 Sep 2023 60.00(1.06%) ITC. Share Price 451.15 03:59 PM | 12 Sep 2023 3.95(0.88%) Nestle India. Share Price 22317.75 03:56 PM | 12 Sep 2023 190.71(0.86%) Sun Pharmaceutical Industries. Share Price 1145.25 03:59 PM | 12 Sep 2023 8.35(0.73%) Bajaj Finance. Share Price 7431.30 03:59 PM | 12 Sep 2023 39.66(0.53%) Grasim Industries. Share Price 1870.95 03:56 PM | 12 Sep 2023 8.61(0.46%) HDFC Bank. Share Price 1636.90 03:59 PM | 12 Sep 2023 5.11(0.31%) Bajaj Auto. Share Price 4820.60 03:59 PM | 12 Sep 2023 14.21(0.29%) Tata Consumer Products. Share Price 864.75 03:59 PM | 12 Sep 2023 2.15(0.24%) Kotak Mahindra Bank. Share Price 1811.20 03:59 PM | 12 Sep 2023 3.30(0.18%) HCL Technologies. Share Price 1282.40 03:59 PM | 12 Sep 2023 0.86(0.06%) Axis Bank. Share Price 1000.90 03:59 PM | 12 Sep 2023 0.50(0.04%) Wipro. Share Price 435.00 04:06 PM | 12 Sep 2023 0.15(0.03%) Britannia Industries. Share Price 4567.15 03:57 PM | 12 Sep 2023 -1.41(-0.03%) Bharti Airtel. Share Price 890.40 03:58 PM | 12 Sep 2023 -0.40(-0.04%) LTIMindtree. Share Price 5505.45 03:59 PM | 12 Sep 2023 -3.20(-0.05%) Asian Paints. Share Price 3256.85 03:59 PM | 12 Sep 2023 -2.56(-0.07%) Tech Mahindra. Share Price 1266.00 03:59 PM | 12 Sep 2023 -2.85(-0.22%) SBI Life Insurance Company. Share Price 1346.50 03:56 PM | 12 Sep 2023 -3.66(-0.27%) Maruti Suzuki India. Share Price 10503.60 03:59 PM | 12 Sep 2023 -30.25(-0.28%) Bajaj Finserv. Share Price 1542.45 03:59 PM | 12 Sep 2023 -7.25(-0.46%) State Bank of India Share Price 588.35 03:59 PM | 12 Sep 2023 -3.36(-0.56%) Cipla. Share Price 1239.80 03:57 PM | 12 Sep 2023 -7.55(-0.60%) Titan Company. Share Price 3185.80 03:59 PM | 12 Sep 2023 -27.50(-0.85%) JSW Steel. Share Price 816.20 03:57 PM | 12 Sep 2023 -8.05(-0.97%) Hero MotoCorp. Share Price 3020.05 03:59 PM | 12 Sep 2023 -34.30(-1.12%) HDFC Life Insurance Company. Share Price 660.95 03:59 PM | 12 Sep 2023 -7.70(-1.15%) Oil And Natural Gas Corporation. Share Price 180.90 03:59 PM | 12 Sep 2023 -2.50(-1.36%) Reliance Industries. Share Price 2438.85 04:15 PM | 12 Sep 2023 -35.75(-1.44%) IndusInd Bank. Share Price 1429.15 03:58 PM | 12 Sep 2023 -21.05(-1.45%) Hindalco Industries. Share Price 477.75 03:59 PM | 12 Sep 2023 -7.11(-1.46%) Hindustan Unilever. Share Price 2498.85 03:59 PM | 12 Sep 2023 -37.41(-1.47%) Mahindra & Mahindra. Share Price 1557.95 03:59 PM | 12 Sep 2023 -24.15(-1.52%) Tata Steel. Share Price 129.00 03:59 PM | 12 Sep 2023 -2.16(-1.63%) Eicher Motors. Share Price 3341.25 03:59 PM | 12 Sep 2023 -63.25(-1.85%) UPL. Share Price 604.50 03:59 PM | 12 Sep 2023 -13.46(-2.17%) Tata Motors. Share Price 620.80 03:59 PM | 12 Sep 2023 -14.06(-2.21%) Apollo Hospitals Enterprise. Share Price 4979.20 03:57 PM | 12 Sep 2023 -116.75(-2.29%) Adani Ports & Special Economic Zone. Share Price 858.75 03:59 PM | 12 Sep 2023 -23.71(-2.68%) Coal India. Share Price 270.75 03:59 PM | 12 Sep 2023 -8.20(-2.93%) Adani Enterprises. Share Price 2535.70 03:59 PM | 12 Sep 2023 -79.25(-3.03%) NTPC. Share Price 235.10 03:58 PM | 12 Sep 2023 -8.00(-3.29%) Bharat Petroleum Corporation. Share Price 348.40 03:59 PM | 12 Sep 2023 -15.36(-4.21%) Power Grid Corporation of India. Share Price 191.30 04:15 PM | 12 Sep 2023 -73.20(-27.67%) Load more..

RTX To Take $3B Charge as It Recalls, Inspects More than 600 Pratt & Whitney Engines


Key Takeaways

  • RTX warned it will take a $3 billion charge this quarter as it inspects passenger jet engines with a potential defect.
  • The Pratt & Whitney engines are used on the popular Airbus A320neo planes.
  • Shares of RTX sank to their lowest level in more than two years following the news.

RTX (RTX) shares tumbled close to 8% on Monday after the jet engine manufacturer said it would take a $3 billion charge this quarter because of a recall of jet engines made by its Pratt & Whitney unit.

Approximately 600 to 700 of the GTF engines, which are used on Airbus’s A320neo passenger jets, will be removed for shop inspections between this year and 2026, longer than Pratt & Whitney’s earlier timetable. A majority of the inspections will take place this year and next, according to the company formerly known as Raytheon Technologies.

RTX said the additional costs are related to a previously disclosed “rare condition in powder metal” used to make certain parts for the GTF engines,” which will require inspections sooner than previously thought.

CEO Greg Hayes said the company was “focused on the challenges” related to the powder metal problem, and recognizes that “this is an extremely difficult situation for our customers, and we are proactively taking steps to support and mitigate the operational impact to them.”

RTX also said that while the issue isn’t expected to affect sales and margins in 2025, free cash flow will be impacted by approximately $1.5 billion, resulting in a 2025 free cash flow of about $7.5 billion.

Shares of RTX fell 7.9% to their lowest level since March 2021 following the news.


‘Delhi is at its prettiest’: Ashneer Grover takes evening joyride in a Porsche amid G20 Summit in Delhi


Ashneer Grover, the former Co-founder of BharatPe, has become the subject of social media attention after he was spotted taking a late-night Porsche ride on the streets of Delhi amid the G20 summit.

Grover was awestruck by Delhi’s exquisite makeover on the eve of an illustrious event, as he cruised down the city’s streets. He took to Instagram to share a video that vividly captured the stunning transformation of the city.

In his Instagram post, Grover wrote, “G20 – Late evening Porsche drives in Delhi! Spend some time on the roads. Delhi is at its prettiest!”

The video showcasing the deserted streets of Delhi became the talk of social media, underscoring the heightened security measures that were put in place during an important summit.

Grover, who was earlier the judge of the famous reality show, “Shark Tank India” has an eclectic collection of luxurious vehicles. He has a collection of high-end luxury cars that comprises the likes of an Audi A6, a Mercedes Maybach S650 and an eye-catching green Porsche Cayman.

The 18th G20 Summit is taking place at the state-of-the-art Bharat Mandapam Convention Centre in New Delhi on September 9 and 10. The theme for this year’s summit, presided over by India, is “Vasudhaiva Kutumbakam” or “One Earth – One Family – One Future”, a phrase derived from the ancient Sanskrit scripture, the Maha Upanishad.

To ensure the summit runs smoothly, rigorous traffic restrictions have been established around the venue and the hotels housing the attendees. Several foreign leaders, including US President Joe Biden, UK Prime Minister Rishi Sunak, Australia’s Prime Minister Anthony Albanese, Japan’s Prime Minister Fumio Kishida, Germany’s Chancellor Olaf Scholz, and South Korean President Yoon Suk Yeol, are attending the meeting.

Also Read: G20 Summit: ‘I’m the perfect example of Made in India,’ says World Bank chief Ajay Banga

A 7-Minute Yoga Session to Help Loosen Tight Muscles


A 7-Minute Yoga Session to Help Loosen Tight Muscles

(This will help us personalize your experience so that you can get the best advice possible from us!)

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India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4: When and where to watch IND VS PAK match live on TV, Mobile Apps


India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4: As the Super 4 for the ongoing Asia Cup kicks off, fans are anxiously awaiting the ultimate clash between arch-rivals India and Pakistan that will be played this Sunday, September 10, at the R. Premadasa International Cricket Stadium in Colombo. The match is set to start at 3:00 PM IST. 

Pakistan has already won its first match of the Super 4 against Bangladesh on Wednesday, September 6. They easily chased down a target of 194 in 39.3 overs, winning the match by 7 wickets. Babar Azam’s men are in stellar form, showing their prowess with both bat and ball during the whole tournament.

Team India, on the other hand, are in a shaky situation. The collapse of the top-order during the first match against Pakistan and the comparatively poor bowling performance in the match against Nepal have created concerns regarding the overall performance of the squad.

However, the middle-order bolstered by the keeper-batsman Ishan Kishan and vice captain Hardik Pandya during the game against Pakistan, and the top-order performances by the talented Shubman Gill and skipper Rohit Sharma against Nepal, have given hopes that India can put up a great fight against their arch-rivals.

The group stage match between India and Pakistan was washed off due to the rain, leaving fans disappointed. However, the officials have mentioned that the weather conditions in Colombo will improve and the rain will not hamper the proceedings during the business end of the tournament. 

India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4: When will IND vs PAK will be played? Timings in IST

IND vs PAK Asia Cup Super 4 match will be played on Sunday, September 10 at 3:00 PM (IST).

India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4:Where to watch IND vs PAK Super 4 broadcast on TV?

IND vs PAK Asia Cup Super 4 match will be broadcast on the Star Sports Network.

India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4: Where to watch IND vs PAK Super 4 Free live streaming

Fans can watch the live streaming of the IND vs PAK Asia Cup Super 4 match on the Disney+ Hotstar app and website.

India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4: Head-to-Head in the Asia Cup

India has faced Pakistan 18 times in the Asia Cup. India has won nine matches out of the 18 played, and Pakistan has won six.

India vs Pakistan Free Live Streaming, Asia Cup 2023 Super 4: Squad Details, Probable XIs

India Squad: Rohit Sharma (Captain), Shubman Gill, Virat Kohli, Shreyas Iyer, Suryakumar Yadav, Tilak Varma, KL Rahul, Ishan Kishan, Hardik Pandya (Vice Captain), Ravindra Jadeja, Shardul Thakur, Axar Patel, Kuldeep Yadav, Jasprit Bumrah, Mohd. Shami, Mohd. Siraj, Prasidh Krishna

Travelling stand-by player: Sanju Samson

Probable XI: Rohit Sharma (captain), Hardik Pandya, Shubman Gill, Virat Kohli, Suryakumar Yadav, Ishan Kishan, Ravindra Jadeja, Kuldeep Yadav, Jasprit Bumrah, Mohd. Shami, Mohd. Siraj

Pakistan Squad: Babar Azam (captain), Abdullah Shafique, Fakhar Zaman, Imam-ul-Haq, Salman Ali Agha, Iftikhar Ahmed, Tayyab Tahir, Mohammad Rizwan, Mohammad Haris, Shadab Khan, Mohammad Nawaz, Usama Mir, Faheem Ashraf, Haris Rauf, Mohammad Wasim Jr, Naseem Shah, Shaheen Afridi.

Probable XI: Fakhar Zaman, Imam-ul-Haq, Babar Azam (captain), Mohammad Rizwan, Agha Salman, Iftikhar Ahmed, Mohammad Nawaz, Naseem Shah, Shaheen Shah Afridi, Haris Rauf 

Tenable confirms acquisition of Israeli cloud security co Ermetic


US cybersecurity company Tenable (Nasdaq: TENB) today announced that it has signed a definitive agreement to acquire Israeli cloud security company Ermetic for $265 million – $240 million in cash and $25 million in shares. “Globes” reported on Tuesday that the two companies were in the advanced stages of negotiations. The acquisition is expected to close early in the fourth quarter 2023,

Ermetic has developed a fully integrated cloud-native application protection platform, and provides cloud infrastructure entitlement management. Tenable says it will integrate these capabilities into its One Exposure Management Platform to deliver contextual risk visibility, prioritization and remediation across infrastructure and identities, both on-premises and in the cloud.

Ermetic, which was founded in 2019 by CEO Shai Morag, Sivan Krigsman, Arick Goomanovsky and Michael Dolinsky, was placed second in “Globes” top ten most promising startups for 2022. The company has raised $97 million to date and has 140 employees, including 80 in Israel, according to IVC Research. Investors in Ermetic include Glilot Capital Partners, Qumra Capital, Target Global, and Accel.

Tenable chairman and CEO Amit Yoran said, “We will have an opportunity to put additional market-leading cloud security capabilities into the hands of tens of thousands of customers. Together, we will be able to deliver a holistic view of the modern attack surface and help organizations reduce exposure

Morag said, “The combination of Tenable’s rich exposure management data and Ermetic’s cloud solutions will provide unprecedented levels of actionable visibility and value. It will remove the complexity that makes managing cloud environments so challenging. Tenable’s massive install base of customers will enable us to introduce more organizations to the benefits of context-aware risk prioritization to solve problems before they manifest.”

Published by Globes, Israel business news – – on September 7, 2023.

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