Startups and venture capital
Democrats Win Senate and House Majorities in US Midterms
Democrats are projected to take control of both chambers of Congress, with wins in Ohio, Kansas and Texas. They also flipped a Republican House seat in New Jersey.
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TV and streaming
Xavier Becerra Wins California Governor’s Race, Leaving Hollywood Tax Credit Debate to His Administration
Democrat Xavier Becerra has been declared the winner over Republican Steve Hilton. He has backed efforts to enhance California’s film and TV tax credit but has not specified how he would expand it.
Startups and venture capital
EloElo raises $80 million to expand India’s microdrama business
The Series C, led by Hornbill Capital and NBCUniversal, brings the company’s total funding to $130 million and values it at $500 million.
Gaming: industry and releases
GTA 5’s Mount Chiliad Mystery Kept Fans Guessing for 13 Years
Theories about Mount Chiliad’s mural, UFOs and a possible jetpack have kept a dedicated community investigating GTA 5 for years. The mystery’s lasting appeal is why GTA 6 should offer players something similarly open-ended.