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Oracle NetSuite Open Attracts World’s Best Squash Players to Bay Area

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India’s Dipika Pallikal Karthik was defeated by Malaysia’s Nicol David in semi-final competition in the 2017 Oracle NetSuite Open Squash Championships held in San Francisco.

SAN FRANCISCO (Diya TV) — Featuring the highest-caliber professional men’s and women’s squash athletes ever hosted in the San Francisco Bay Area, the 2017 Oracle NetSuite Open Squash Championships were recently held at Justin Herman Plaza on the Embarcadero.

India’s Dipika Pallikal Karthik was defeated by Malaysia’s Nicol David in semi-final competition. David is lauded as the sport’s most decorated female with eight world championship titles.

“Long-time fans will get an opportunity to see the top squash players compete at the highest level, while we continue to raise awareness of the game of squash and the importance of academics throughout local schools,” said Evan Goldberg, Executive Vice President of Development for Oracle NetSuite.

Among those competing in the event included France’s Gregory Gaultier of France, the current world No. 1 and three-time Oracle NetSuite Open champion and England’s Laura Massaro, a former world No. 1.

Reigning men’s world champion and world No. 2, Karim Abdel Gawad of Egypy and two men’s former world No. 1 competitors Nick Matthew and Mohamed Elshorbagy also competed. Elshorbagy held the world No. 1 ranking from 2015-2017.

“It is a terrific testament to the city, the tournament and the local community that the Oracle NetSuite Open gets a better draw every year,” said tournament promoter John Nimick of Squash Engine.

In addition to attracting the World’s best players, the event benefits the local community through its official charity, SquashDrive, a National Urban Squash and Education Association program. According to the non-profit’s website, “SquashDrive is an intensive after school, weekend and summer program that uses the unique combination of squash instruction, academic tutoring and community service to help Bay Area public school students reach their full potential.”

Last year, the Oracle NetSuite Open helped SquashDrive reach its $50,000 fundraising goal during the tournament to launch a new College Prep program.

The event also hosted the Latitude 38 Group Open Singles adult tournament and Oracle NetSuite US Squash Junior Gold tournament.

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FTX’s Nishad Singh got $543 million loan

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More fallout from the FTX cryptocurrency platform collapse. Court documents show its affiliate Alameda Research loaned executives like Sam Bankman Fried $1 billion and more than $500 million to Indian American Nishad Singh, FTX’s top engineer. FTX’s interim CEO says never in his career has he seen such complete failure of corporate controls and a complete absence of trustworthy financial information. The company filed for Chapter 11 bankruptcy after it was unable to come up with customer funds.

Elizabeth Holmes was sentenced to more than 11 years in prison after her conviction in January for defrauding investors while running the failed blood testing start up Theranos.In her trial, Holmes alleged she was in the midst of a decade-long abusive relationship with her then-boyfriend and Theranos COO Ramesh “Sunny” Balwani. The Indian American was also found guilty for his role in this fraud and will be sentenced later.

Starting next month, India will assume the G20 presidency for a year and chair more than 200 meetings, leading the way for global economic growth. Prime Minister Narendra Modi said his country’s leadership here will be inclusive, ambitious, and decisive.

Ravi Kapur contributed to this report.

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Arvind Venkat & Tarik Khan win Pennsylvania State seats

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WASHINGTON D.C. (Diya TV) – Looking back at the midterm elections, Arvind Venkat and Tarik Khan made history as the first South Asian Americans elected to the Pennsylvania State Legislature. Advocacy group Indian American Impact played a major role on the ground, saying it trained and mobilized 200 volunteers to go door-to-door, to engage voters and provide info they needed to elect new leadership.

After 35 years, the Nancy Pelosi era is officially coming to an end. The speaker from San Francisco announced she’s bowing out of leadership, but will retain her House seat. The midterms cost Pelosi’s Democratic party the House and effectively ended her speakership.

Two former Indian American executives at Meta Platforms will launch a new non fungible token start up for creators. Kirthiga Reddy and Saurabh Doshi have raised more than $8 million for their new company called Virtualness. But they are facing headwinds as the FTX cryptocurrency exchange collapse is putting pressure on the entire industry.

Ravi Kapur contributed to this report.

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Meet FTX insider Nishad Singh

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SAN FRANCISCO (Diya TV) – The controversy around failed cryptocurrency exchange FTX continues to captivate the world. Part of the scrutiny is now on the people involved, including Indian American Nishad Singh. According to new reports, this techie was part of FTX’s inner circle, which lived together and ran the cryptocurrency empire from the Bahamas. The software engineer was also reportedly aware that FTX secretly transferred customer funds worth billions of dollars to its sister firm Alameda Research. Currently, no one is facing any criminal charges. Diya TV featured Singh more than a decade ago for running ultra marathons as a 17 year old getting ready for college. 

Former President Donald Trump has officially announced he is running for president in 2024, marking his third bid for the White House. Trump had been hinting at this announcement for months, as the embattled former president faces multiple criminal and civil litigations and as his party is grappling with a worse than expected showing in the midterm elections. 

At the G20 Summit in Bali, world leaders including Indian Prime Minister Narendra Modi and U.S. President Joe Biden are coming together to condemn the rising threat of nuclear weapons as Russia’s war against Ukraine continues to raise tension and anxiety around the world.

Ravi Kapur contributed to this report.

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