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Business May 12, 2026

Robinhood Prepares Second Retail Venture IPO Amid AI Rally

Robinhood is preparing to launch its second retail venture fund IPO, RVII, which will invest in gro…
The Next Phase of Robinhood's Retail Venture Strategy Robinhood is gearing up to launch its second retail venture fund IPO, RVII, just two months after listing its first venture fund on the stock market. The company has filed a confidential registration, a standard regulatory step that allows it to work through the approval process before making details public. Expanding Investment Scope Unlike its first fund, which currently holds stakes in 10 late-stage companies — Airwallex, Boom, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, and Stripe — RVII will cast a wider net, investing in growth-stage and early-stage startups. This distinction is meaningful, given that early-stage startups are younger and carry more risk but also offer the potential for greater returns. Fundraising and Performance The fundraising target for RVII has not yet been set. For its inaugural fund, Robinhood sought to raise $1 billion but ultimately fell several hundred million short of that goal. Despite the shortfall, the first fund has performed strongly, with its stock price more than doubling since its debut on the NYSE at $21 a share in early March. Democratizing Startup Investing The premise behind both funds addresses a longstanding gap in who gets to invest in startups. Under federal rules, only 'accredited' investors — those with a net worth exceeding $1 million or annual income above $200,000 — can put money into private companies. RVI and RVII are designed to change that, letting anyone invest in a portfolio of private startups through a regular brokerage account. The Future of Retail Investing in Startups Robinhood CEO Vlad Tenev envisions a future where retail investors can participate in the earliest stages of startup growth. 'The aspiration is, if you're a company raising a seed round and a Series A round — so, just first capital — retail should be a big chunk of that round, much like it now is in the public markets,' Tenev said. The Potential Impact If Tenev's vision takes hold, it could fundamentally change how startups raise their earliest capital, with retail investors eventually sitting alongside venture firms, including in the earliest rounds, where the biggest returns are often made.
#Robinhood #IPO #AI
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Sports May 12, 2026

Hull City Breaks Millwall’s Playoff Curse with Belloumi’s Decisive Goal

Hull City overturned a 10‑point deficit to defeat Millwall 2‑1 in the Championship semi‑final secon…
Hull City Stuns Millwall to Advance to Playoff FinalHull City secured a 2‑1 victory over Millwall in the second leg of the Championship semi‑final, sending the Tigers to the playoff final for the first time since 2019. The decisive moment came when substitute Mohamed Belloumi scored a curling opener, followed by a late finish from Joe Gelhardt.Belloumi’s Opening Strike Ends Millwall’s Semi‑Final HopesThe Algerian winger, introduced early in the second half, received the ball on the left flank and unleashed a shot from the edge of the area that left goalkeeper Anthony Patterson helpless. The goal broke Millwall’s rhythm and set the tone for Hull’s dominance, despite Millwall’s earlier attempts to claw back.Numbers Behind the Upset: Points Gap, Historical Semi‑Final Failures, and Hull’s Rare Sixth‑Place RunMillwall finished the regular season 10 points ahead of Hull, missing automatic promotion on the final day.This marks Millwall’s fourth semi‑final defeat (1991, 1994, 2002, 2026), reinforcing a long‑standing playoff curse.Hull became the first team to finish sixth and reach the playoff final since Frank Lampard’s Derby County in 2019.Belloumi’s goal arrived in the 5th minute of the second half, giving Hull an early psychological edge.What the Result Means for Hull, Millwall and the Championship LandscapeHull’s triumph showcases the impact of strategic managerial changes by Sergej Jakirovic, who shifted to a back‑five and maximised the squad’s limited budget. For Millwall, the loss deepens a psychological barrier that may affect future playoff campaigns, despite a strong league performance. The broader Championship sees a resurgence of lower‑placed clubs challenging traditional powerhouses, hinting at increased competitiveness.Looking Ahead: Hull’s Chances in the Final and Millwall’s Future Playoff ProspectsHull will face the winner of the other semi‑final, likely a team with a higher league finish, but their tactical flexibility and momentum suggest they can pull off another upset. Millwall must address both tactical rigidity and the mental weight of past semi‑final defeats if they aim to convert future league success into promotion.
#Millwall #Hull City #Mohamed Belloumi
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Sports May 12, 2026

Tottenham's Survival Hopes Dented by Calvert-Lewin Equaliser

Tottenham's Premier League survival hopes were dented as Dominic Calvert-Lewin equalised for Leeds …
The Shock Equaliser Tottenham's hopes of securing Premier League survival were dealt a significant blow as they were held to a 1-1 draw by Leeds United at home. Mathys Tel had given Tottenham the lead with a stunning strike in the second half, but his wild challenge on Ethan Ampadu led to a penalty being awarded to Leeds. Dominic Calvert-Lewin stepped up and emphatically equalised from the spot. The Missed Opportunities Tottenham had dominated large periods of the game but failed to capitalise on their chances. Richarlison and João Palhinha both spurned opportunities to put the hosts ahead, and the team's lack of creativity in midfield was evident. Richarlison had a chance to put Tottenham ahead but his touch was heavy and allowed Rodon to mop up. Palhinha earned a booking for catching the Leeds substitute Lukas Nmecha, highlighting Tottenham's growing frustration. The Impact on Survival The draw leaves Tottenham's survival hopes in the balance, with the London club still in danger of relegation. The result means that West Ham United, who are currently 18th, still have a chance to catch up. Tottenham's final game of the season is against Everton, and they will need to secure a win to guarantee their Premier League status. The Future Outlook The draw has kept Leeds United's relegation battle alive, and they will be looking to secure a win in their final game to ensure their survival. Tottenham, on the other hand, will be hoping to bounce back from this disappointing result and secure a vital win in their final game of the season.
#Tottenham Hotspur #Leeds United #Premier League
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Sports May 12, 2026

Lamine Yamal Sparks Controversy Waving Palestine Flag During Barcelona's La Liga Win Celebrations

Barcelona's 18-year-old star Lamine Yamal waved a Palestine flag during the team's La Liga title ce…
The Unprecedented Gesture Spanish teenage superstar Lamine Yamal has garnered praise from football fans for expressing solidarity with Palestine during Barcelona’s celebrations for winning the La Liga title. In several clips widely shared online, the 18-year-old could be seen waving a Palestinian flag from inside an open-top bus to cheers from jubilant crowds. Barcelona's La Liga Victory Tens of thousands of people lined the streets of Barcelona to greet their heroes during the parade around the Spanish city. Barca won their 29th La Liga title with a 2-0 victory over bitter rivals Real Madrid on Sunday, marking the second time the league’s outcome has been decided by the result of an El Clasico match. The Significance of Barcelona's Pro-Palestinian Stance Since the start of Israel’s genocidal war on Gaza in October 2023, the city of Barcelona has served as a major hub for pro-Palestinian activism in Spain. It has also been the site of large regular pro-Palestine protests and served as a departure point for aid flotillas attempting to break the blockade of the besieged and bombarded territory. The Impact of Yamal's Gesture Yamal's gesture has sparked widespread attention and praise, highlighting the intersection of sports and politics. The incident has resonated with fans and supporters of Palestine, further solidifying Barcelona's reputation as a champion of social and political causes. The Future of Football and Social Activism As football continues to evolve, it is likely that players and teams will increasingly use their platforms to raise awareness about social and political issues. Yamal's gesture serves as a powerful example of the impact that athletes can have on promoting solidarity and support for marginalized communities.
#Lamine Yamal #Barcelona #Palestine
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Sports May 12, 2026

The End of the 76ers’ ‘Process’: Why Philly Must Rebuild Now

The Philadelphia 76ers were swept by the New York Knicks, a loss the author frames as the final dea…
The 76ers’ four‑game sweep at the hands of the New York Knicks has been described as the death of “The Process,” a philosophy that began with Sam Hinkie’s 2013 rebuild and now appears irretrievably broken.The Final Sweep: Knicks Dismantle the 76ers’ ‘Process’In the second round of the 2026 playoffs, the Knicks stormed the Xfinity Mobile Arena, winning each game by an average margin of 30 points and finishing the series with a 4‑0 sweep. The loss was not just a defeat; it was a visual of a franchise that has been “walking dead” for years, finally laid out on the hardwood.Contract Burdens: Embiid’s $60 M Deal and George’s Four‑Year MaxThe roster’s financial structure is a core obstacle. Key figures include:Joel Embiid – $60 million per year on a contract extending through 2029.Paul George – four‑year maximum contract signed in 2024 at age 34.Multiple veteran minimum contracts and buy‑out‑bin players that limit cap flexibility.These high‑value, injury‑prone deals anchor a team built for a 2006‑style, iso‑heavy game, not the switch‑heavy, perimeter‑oriented NBA of 2026.Strategic Fallout: Why the Current Roster Misses Modern NBA TrendsThe modern NBA rewards athleticism, versatile defenders who can guard multiple positions, and a deep bench of shooters. The Sixers’ current core—centered on an aging Embiid and a declining George—lacks the speed and defensive switchability that the Knicks displayed throughout the series. The article notes that the team’s “big‑man‑centric” approach is out of sync with league evolution.Road Ahead: Rebuilding Around Maxey, Edgecombe, and Draft CapitalDespite the collapse, the franchise retains two promising young pieces:Tyrese Maxey (25) – a dynamic scorer capable of 25‑28 points per game when surrounded by shooters.VJ Edgecombe (20) – a high‑upside wing who debuted with 34 points and showed flashes of Dwyane Wade‑level explosiveness.The Sixers also own a wealth of draft assets, including first‑round picks in 2027, 2029‑2032 and the Clippers’ 2028 pick. The author argues that a new front office must unload the “albatross” contracts of Embiid and George, acquire youth, speed, and shooting, and hire a developmental coach to maximize Maxey and Edgecombe’s potential.
#Philadelphia 76ers #Joel Embiid #Daryl Morey
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Sports May 11, 2026

Benfica Eye Marco Silva as Backup Plan if Mourinho Joins Real Madrid

Benfica are preparing a contingency plan to replace José Mourinho should he accept Real Madrid’s of…
Benfica’s Contingency Plan Amid Mourinho‑Real Madrid RumoursReports indicate that Benfica will move quickly to secure Marco Silva if José Mourinho departs for Real Madrid. Mourinho, aged 63, is Madrid’s preferred choice and talks are reportedly underway for a second spell at the Bernabéu, 13 years after his first tenure.Potential Shift: Marco Silva as Benfica’s Next Head CoachSilva, aged 48, has guided Fulham into the Premier League in 2022 and kept them there, though European qualification has remained elusive. Benfica, currently second to Porto in Portugal, view the Champions League as a lure for Silva, offering a step up from Fulham’s ambitions.Managerial Market Dynamics: Contractual and Financial ConsiderationsFulham have offered Silva a new contract to retain him.Chelsea are also short‑listing Silva for the vacancy left by Liam Rosenior, while keeping Xabi Alonso as their ideal candidate.Silva’s potential move would involve negotiating release clauses and compensation with Fulham, a common practice in cross‑border managerial transfers.Strategic Implications for Portuguese and English ClubsBenfica securing Silva would reinforce their push for Champions League football and signal a willingness to attract proven Premier League talent. In England, Chelsea’s interest in both Silva and Andoni Iraola highlights the club’s broader strategy of targeting experienced European managers to replace Rosenior, while also monitoring Oliver Glasner and former left‑back Filipe Luís for future roles.What Comes Next: Possible Moves for Silva, Mourinho and ChelseaIf Mourinho confirms a move to Madrid, Benfica are expected to make a formal approach to Silva within weeks. Silva’s decision will hinge on the balance between a Champions League platform at Benfica and the allure of remaining in the Premier League, possibly with Chelsea. Meanwhile, Chelsea will continue to evaluate multiple candidates, keeping the managerial market fluid through the end of the season.
#Benfica #Marco Silva #José Mourinho
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Sports May 11, 2026

Millwall v Hull: Championship playoff semi-final, second leg – live updates

Millwall are set to face Hull in the Championship playoff semi-final second leg, with a home win po…
Millwall's Biggest Game in Generations Millwall are on the brink of a crucial match against Hull in the Championship playoff semi-final second leg. The London club has not been part of the elite tier of English football since 1988-89 and 1989-90, when they played in Football League Division 1. Since then, they have mostly been in the second and third tiers. The Current Form Alex Neil's Millwall outfit are favourites going into the game, having won three and drawn two of their last five league games. They finished 10 points above Hull, who only made it to the playoff spot by a narrow margin. A goalless draw in the first leg means Millwall are now a home win away from Wembley. The Key Players Hull's Sergej Jakirovic's men are known for not being shut out easily, with top scorers Oli McBurnie and Joe Gelhardt. However, Millwall have a strong defence, having conceded fewer goals than most teams in the Championship. The home side will look to push forward with in-form attacker Femi Azeez. The Prediction The clash of styles between Millwall's direct approach and Hull's expansive style, combined with a passionate home crowd, promises an intense match. A win for Millwall could significantly boost their future prospects, similar to how Leeds and Sunderland have performed after their promotions.
#Millwall #Hull City #Championship
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Sports May 11, 2026

Premier League Blocks VAR Expansion: Clubs Reject Corner and Card Review Powers

The Premier League is set to block the implementation of expanded VAR powers for the upcoming seaso…
The Strategic Rejection of VAR ExpansionThe Premier League is set to block the implementation of expanded VAR powers for the upcoming season, signaling a decisive shift in how the league manages the technology. After discussions with the refereeing body PGMO, the league's clubs are preparing to reject the new regulation approved by the International Football Association Board (Ifab) in February. This decision comes despite the technology being permitted to rule on the award of corners and second yellow cards, a move initially requested by FIFA for the World Cup.Operational and Broadcast ConcernsThe primary driver behind this rejection is the potential impact on the game's flow and the broadcast experience. PGMO has advised against extending VAR's scope, citing significant concerns that reviewing corners and bookings could drastically increase match duration. This is viewed as a critical risk to the league's relationship with its broadcast partners, who prioritize a seamless viewing experience over perfect officiating in every instance.PGMO Guidance: The refereeing body explicitly advised against the change due to the burden it places on officials.Match Length: Prolonged games risk alienating fans and broadcasters.Club Appetite: There is little desire among clubs to add to VAR's responsibilities.FIFA's World Cup Mandate vs. League RealityWhile the Premier League prioritizes efficiency, FIFA is pushing for stricter officiating, particularly for the World Cup. Chair of FIFA's referees committee Pierluigi Collina and President Gianni Infantino have expressed concern that an incorrect corner decision could be decisive in knockout stages. However, the Premier League argues that the stakes differ from a 38-match season, where a single corner is statistically less likely to determine the final outcome compared to a single World Cup knockout game.Looking Ahead: The Grappling ProblemDespite rejecting the new powers, the league acknowledges the need for reform in specific areas. Ifab is expected to discuss the issue of grappling at corners after the World Cup, a problem that has been particularly pronounced this season. The focus will likely remain on on-field management rather than further technological intervention for the time being.
#Premier League #VAR #FIFA
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Sports May 11, 2026

Flick turned Barcelona into a family – and runaway La Liga champions

Barcelona secured the La Liga title with a 2-0 victory over Real Madrid in the clásico, despite coa…
The LeadBarcelona clinched the La Liga title with a commanding 2-0 victory over Real Madrid in the first clásico back at the Camp Nou, ending the season as runaway champions. The triumph was particularly poignant for coach Hansi Flick, who revealed he had informed his players about his father's death hours before the match, treating them as a family during his personal tragedy.The Emotional VictoryEarly on Sunday morning, Flick received the devastating news that his father had died overnight. At a time when most coaches might have kept such personal matters private, Flick chose to share his grief with his players. "I [thought]: 'should I hide it or should I speak with my team, because for me it is like a family?'" he recalled. "I said 'OK, I want to get the information to my players, and what they did is unbelievable. I will never forget this moment."The players responded with remarkable support, celebrating the title together with their coach after the match. They held Flick close, gave him the traditional "bumps" (throwing him in the air), and led a lap of honor with Ronald Araújo. The emotional connection between Flick and his squad was evident throughout the celebrations, with players taking turns with the megaphone, drum, and Catalan flag in a display of unity.The Barcelona TransformationFlick's arrival in the summer of 2024 marked a turning point for Barcelona. Coming during a period of economic weakness, his appointment was a bold move by president Joan Laporta. Despite challenges—including the inability to register Dani Olmo and playing home games in three different grounds—Flick instilled a new identity and intensity.The team's average age of 24.25 made them the youngest in the league, led by teenage sensation Lamine Yamal. Flick emphasized collective ego over individual stardom, famously warning after a draw with Rayo Vallecano that "ego kills success." This philosophy helped the team navigate injuries to key players including Raphinha, Robert Lewandowski, Pedri, and Gavi throughout the season.The Clásico DecisivenessThe victory over Real Madrid was particularly significant as it was the first time in 94 years that the clásico decided the La Liga title. Barcelona's superiority was incontestable, with Real Madrid's players withdrawing swiftly after the final whistle, relieved that the season was finally over.The match also highlighted the contrasting approaches of the two clubs. While Barcelona celebrated as a united family under Flick, Real Madrid had been undermined by internal divisions following their first clásico defeat in October. Vinícius Júnior's reaction to being substituted in that match revealed deeper faultlines that would contribute to their downfall under Xabi Alonso.The Future OutlookWith this title, Flick has firmly established himself as the architect of Barcelona's resurgence. Having won the league in his first season, he successfully navigated the challenges of a second campaign marked by injuries and transition. The team's young core, featuring talents like Yamal, Pau Cubarsí, and Marc Casadó, suggests continued success is possible.For La Liga, Barcelona's dominance under Flick has set a new standard. The combination of young talent, tactical discipline, and a strong team culture has created a formidable squad that will likely remain the team to beat in Spanish football for the foreseeable future.
#Hansi Flick #Barcelona #La Liga
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