Venice’s Controversial Flood Barriers To Rise Today Amid Stormy Weather

Venice will activate its Mose flood barrier system today for the first time, as bad weather and particularly high tides are set to hit the canal city. This will be the first real test of the mobile gates, whose construction has been wildly over budget, years late, and riddled with corruption. 

Venice, in the northern Italian region of the Veneto, is braced for storms over the weekend and is expected to see

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Controversial former Uber exec Emil Michael has registered plans for a $250 million SPAC

SPACs, or special purpose acquisition companies, are all the rage right now, and people are emerging from all corners to raise them.

Among the latest entrants — and someone who might be of interest to Silicon Valley watchers — is Emil Michael, a former Uber executive and top lieutenant to former CEO Travis Kalanick. Earlier today, Micheal registered plans with the SEC to raise $250 million in an IPO for a blank-check company that will broadly acquire a company in the tech sector.

IPO Edge had reported earlier today that the SPAC might be in the works.

The filing lists as special advisors Alphabet’s former executive chairman Eric Schmidt, and Betsy Atkins, a founder of Ascend Communications and investor who has served on so many boards that last year she wrote a book about it. Indeed, among her other roles currently, she’s on the boards of Volvo, Wynn Resorts, and

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Controversial Mauritius Ship Involved In Operation To Tow Broken Sri Lanka Oil Supertanker

The Panama- flag oil supertanker that had an explosion off the coast of Sri Lanka earlier this month, the MT New Diamond, is being helped by a controversial support vessel that led the operation to deliberately  sink a large, Japanese iron ore vessel Wakashio in the coastal waters of Mauritius last month.

Satellite analysis by global maritime analytics firm, Windward has revealed that the Malta-flagged fire-ship, Boka Expedition, sailed from the scene of the controversial scuttling of the Wakashio on 24 August, an event that sparked national protests in Mauritius and outside

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