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Tech Jun 05, 2026

The Token Bill Comes Due: Inside the Industry Scramble to Manage AI’s Runaway Costs

Companies are confronting soaring AI token bills as usage outpaces budgets, prompting a wave of spe…
Across the AI ecosystem, firms from Uber to Priceline are confronting token bills that dwarf their original forecasts, sparking a rush to build visibility, auditability, and guardrails around AI spend. Tokenomics Foundation Aims to Impose Cost Discipline on AI Tokens The Linux Foundation announced the creation of the Tokenomics Foundation, a standards body designed to codify metrics, definitions, and best practices for AI token usage—mirroring the FinOps movement that tamed cloud spend. Executive director J.R. Storment described the climate as an "existential crisis" for many enterprises, with budgets blown out by 3‑fold in early 2026. Escalating Bills Highlight the Scale of the Problem Uber exhausted its entire 2026 AI coding budget by April. Microsoft revoked Claude Code licenses for developers after a rapid cost surge. A Priceline employee reported a routine Cursor contract renewal that was 4‑5× more expensive than prior terms. One unnamed firm allegedly incurred a $500 million Claude bill after failing to set usage limits. Developer surveys from Faros AI show per‑developer token consumption rising 18.6× in nine months. Goldman Sachs projects global token usage to multiply 24‑fold by 2030. Emerging Market of AI Spend Management Tools Start‑ups and established vendors are racing to fill the visibility gap: Pay‑i offers granular tracking, measurement, and optimization of GenAI investments. Paid provides developer‑level cost dashboards and value‑based billing. Platforms such as Jellyfish, Waydev, and Faros AI deliver AI‑agent monitoring to prove ROI. Legacy cloud‑cost players like Ramp, Datadog, and New Relic are adding token‑level observability and GPU monitoring. At the upcoming FinOps X conference, AWS is expected to unveil new financial‑management features for enterprise AI spend. Standardization and Optimization Expected to Shape AI Economics The Tokenomics Foundation plans to release a canonical definition of “tokenomics,” open specifications, and novel metrics such as cost‑per‑intelligence and tokens‑per‑watt. Early adopters like OpenRouter-style model routers already shift queries to cheaper models, a practice that could become industry‑wide. Analysts argue that the greatest ROI will come from moving the broad middle tier of users from low to moderate token consumption rather than encouraging heavy‑use outliers. As Nishant Gupta of Salesforce notes, AI token economics demand a new operational muscle set, and the coming standards may provide the assembly line the industry still lacks.
#OpenAI #Anthropic #Microsoft
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Sports Jun 05, 2026

Tottenham Sign Andy Robertson on Free Transfer Amid Ownership Talks

Tottenham Hotspur have secured Scotland captain Andy Robertson on a free transfer from Liverpool as…
Tottenham Hotspur have completed the free‑transfer signing of Scotland captain Andy Robertson from Liverpool, while an American investment group says it is close to acquiring a 24.99% stake in the club’s parent company, Enic Sports.Tottenham Secure Andy Robertson on a Free TransferRoberto De Zerbi, who guided Spurs to survival on the final day of the season, announced the arrival of Robertson as the first major addition to address the leadership vacuum that plagued last year’s campaign. The left‑back arrives after his Liverpool contract expired following nine highly successful seasons, and De Zerbi praised his “outstanding technical qualities, experience, leadership and mentality”.Financial Details of the Transfer and Stake TransactionTransfer fee: None – Robertson joined on a free transfer after his contract expired.Contract length: Not disclosed, but expected to be a multi‑year deal.Stake sale: Eight Sports Capital claims to have agreed to purchase 24.99% of Enic Sports from former chairman Daniel Levy.Levy’s remaining holding: 29.88% of Enic Sports.Buyer profile: Eight Sports Capital is owned by Triller and led by tech entrepreneur and former DJ Brooklyn Earick.Strategic Impact on Spurs' Rebuilding EffortsThe Robertson signing plugs a key gap in experience and on‑field leadership, allowing De Zerbi to focus on bolstering the back line with targets such as Bournemouth’s Marcos Senesi and Brighton’s Jan Paul van Hecke. With captain Cristian Romero likely to depart and central‑defender Micky Van de Ven attracting suitors, the club’s defensive overhaul is set to accelerate. Off the pitch, the potential stake sale could inject fresh capital, but also introduces uncertainty about future governance.Future Outlook: Squad Evolution and Ownership DynamicsIn the short term, Robertson’s arrival should stabilize the left flank and provide mentorship to younger players ahead of the World Cup. Over the longer term, if Eight Sports Capital finalises the stake purchase, Tottenham may see increased investment in player acquisitions and commercial projects, though a possible power struggle with existing shareholders could affect strategic decisions. Fans can expect a busy summer transfer window as De Zerbi seeks to solidify a squad capable of moving beyond relegation‑avoidance mode.
#Tottenham Hotspur #Andy Robertson #Roberto De Zerbi
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Politics Jun 05, 2026

Conditional Ceasefires in the Middle East: Why Strikes Persist Despite Agreements

New conditional ceasefires between Israel and Lebanon, as well as existing truces involving Iran, t…
New Conditional Ceasefire Between Israel and LebanonOn Wednesday, June 5, 2026 the two parties announced a conditional ceasefire, following an earlier truce reached on April 16. The agreement is intended to halt hostilities in the Naqoura and Nabatieh districts, yet strikes have continued.Casualties and Timeline Since the Latest TrucesApril 8, 2026: Iran and the United States formalized a ceasefire.October 10, 2025: Ceasefire between Israel and Hamas in Gaza began.June 5, 2026: At least one death reported in southern Lebanon after strikes on Naqoura and Nabatieh.June 5, 2026: A bomb in Gaza killed nine civilians in a residential building.Legal Ambiguities Undermining Ceasefire EnforcementExperts explain that ceasefires are political agreements rather than binding legal instruments. Mark Kersten describes them as “a pause in fighting designed to create space for negotiations,” while Michael Lynk notes the lack of neutral arbiters to certify violations. The UN Security Council resolution supporting the Gaza ceasefire (Resolution 2803) is subject to the U.S. veto, limiting enforcement.Political Consequences for Regional ActorsThe continuation of strikes highlights the role of the United States as both mediator and guarantor, often shielding allies from accountability. Donald Trump’s recent comment that “a ceasefire is when you’re shooting in a more moderate manner” underscores the selective interpretation of Article 51 of the UN Charter used to justify self‑defence.Outlook: Prospects for Durable CeasefiresWithout an independent enforcement mechanism, future ceasefires are likely to remain fragile. Analysts suggest that any durable agreement will require either a reformed Security Council process or a new multilateral monitoring body with binding authority.
#Israel #Lebanon #Iran
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Politics Jun 05, 2026

Fujimori vs Sanchez: Peru's Presidential Run-off Election

Peruvians are set to vote in a presidential run-off election between right-wing candidate Keiko Fuj…
The Lead-Up to the Run-off Election Peru is set to hold a presidential run-off election on June 7 between Keiko Fujimori, a right-wing candidate, and Roberto Sanchez, a left-wing candidate. The election has been marked by controversy and protests, with many Peruvians expressing concerns about the country's political stability. The Candidates: Keiko Fujimori and Roberto Sanchez Keiko Fujimori, the daughter of former President Alberto Fujimori, has campaigned on a platform of bringing order to the country. Her father was a divisive figure who ruled Peru in the 1990s and was accused of human rights abuses. Roberto Sanchez, a Congress member, has promised anti-poverty measures, police reform, and a new constitution. The First Round of the Election In the first round of the election, held on April 12, 35 candidates competed for the presidency. However, the vote count was delayed, and the results were not announced until mid-May. Keiko Fujimori emerged as the leading candidate, with 17% of the vote, while Roberto Sanchez secured second place with 12%. The Impact of the Election on Peru's Democracy The election has highlighted the country's ongoing political instability, with nine presidents having exited power over the past decade. The winner of the run-off election will face the challenge of restoring stability to the presidential palace and addressing the country's deep-seated corruption and crime issues. The Future Outlook The outcome of the election will have significant implications for Peru's future. If Keiko Fujimori wins, it will continue a trend of right-wing leaders winning the presidency in Latin America. The US has not publicly endorsed either candidate, but 14 former presidents from the region have expressed their support for Fujimori.
#Keiko Fujimori #Roberto Sanchez #Peru
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Sports Jun 05, 2026

Football Super Agent Joorabchian's £24m Derby Gamble

Football super agent Kia Joorabchian faces a pivotal moment as his £24m investment in racehorses, p…
The £24m Gamble at EpsomTwenty months after embarking on a remarkable £24m spending spree on yearlings at Tattersalls' Book 1 sale in Newmarket, football "super-agent" Kia Joorabchian stands at the threshold of potentially the biggest payoff of his career. As the 247th running of the Epsom Derby approaches, Joorabchian will watch two of his high-profile acquisitions, Poker and Ancient Egypt, compete in the premier Classic, with the outcome potentially reshaping his position in the elite world of international horse racing.The Bloodstock Investment BreakdownThe contrasting stories of Joorabchian's two Derby hopefuls illustrate the uncertainties and potential rewards of high-end bloodstock investment. Poker, the most expensive yearling colt ever sold at public auction in Europe, cost 4.3m gns (£4.5m) but has yet to win even a novice event in three attempts, starting as a 200-1 outsider to become the first maiden to win the Derby since 1887.In stark contrast, Ancient Egypt was purchased for 1.1m gns (£1.2m) – approximately a quarter of Poker's price tag – and has already established himself as a serious contender with three wins from four starts. The son of Frankel, out of a full-sister to a Group One-winning mare, represents Joorabchian's more calculated investment, with the Derby being the primary target when the colt was acquired.The Financial Calculus of Racing RoyaltyWhile the total purse for this year's Derby stands at £2m, with approximately half going to the winner's connections, the financial considerations extend far beyond prize money. For Joorabchian, the £24m investment represents an ambitious entry into the exclusive world of international Flat racing, an arena traditionally dominated by individuals with sovereign wealth from Dubai, Qatar, and Saudi Arabia.The true value lies in establishing a virtuous loop between racing success and breeding potential. A Derby-winning son of Frankel would represent an elite stallion prospect, potentially worth many times the original investment through future breeding rights. This strategic approach mirrors the model employed by John Magnier's Coolmore Stud operation, which has dominated European racing for decades.Challenging Establishment in Horse RacingJoorabchian's venture represents a significant shift in the ownership landscape of elite horse racing. For decades, the sport's premier events have been dominated by homebred horses from established operations like Godolphin, Coolmore, and the Aga Khan, as evidenced by last year's Derby where the first nine finishers included multiple homebred champions.Charlie Johnston, Ancient Egypt's trainer, acknowledges the unique position of his high-profile charge: "You try and tell yourself that from the moment they walk through the door, they all get treated the same regardless of price tag or pedigree, but let's say that, as George Orwell would say, all animals are equal but some are more equal than others." The pressure to deliver on such a significant investment is immense, yet Johnston remains focused on the task at hand.The Road to Racing LegacyShould Ancient Egypt triumph at Epsom, it would mark not only a remarkable return on Joorabchian's investment but also a historic achievement for Johnston. The Yorkshire-based trainer would become the first to saddle a Derby winner since 1869, continuing a family legacy built by his record-breaking father, Mark."There would have been time [for another run before the Derby] but I just felt he'd done enough to book his ticket for Epsom," Johnston explains of his decision to bypass additional prep races. With Ancient Egypt's proven pedigree, including connections to six-time Group One-winner Midday, and a developing race record that could complement his breeding potential, the stage is set for what could be a transformative day for both horse and owner in the world of elite horse racing.
#Kia Joorabchian #Epsom Derby #Ancient Egypt
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Sports Jun 05, 2026

FIFA World Cup 2026: Historic North American Edition Brings Unprecedented Changes

The FIFA World Cup 2026 marks a historic first as the tournament spans three North American nations…
The Historic North American World CupWith less than a week to go until the FIFA World Cup 2026 begins, football's most prestigious tournament is set to make history. The monthlong spectacle will be the longest and biggest edition in the tournament's 96-year history, featuring 48 teams competing across 104 matches in 39 days.The First Three-Nation TournamentAll men's World Cup editions between 1930 and 2022 were held in a single host nation, with the exception of 2002 when Japan and South Korea cohosted. This year marks the first time a FIFA World Cup – men's or women's – will be played across three countries: the United States, Mexico and Canada. Sixteen stadiums in 16 cities across North America will host matches, with the 2030 World Cup also spanning three nations: Spain, Portugal and Morocco.Expanded Format and CompetitionThe upcoming World Cup will be the most diverse edition so far, featuring 48 teams. Among those, nations from UEFA (Europe) had the most direct slots (16), followed by CAF (Africa) with nine and AFC (Asia) with eight. More teams mean more matches, and thus the addition of an extra phase. For the first time in World Cup history, teams that make it past the group stage will begin the knockouts with a round of 32 clash. The World Cup winners will have to go through eight games en route to title victory – one more than the seven games Argentina won to lift the World Cup in Qatar four years ago.North American Spectacle: NFL-Style Half-Time ShowThis year's World Cup has a distinctly North American touch. For the first time in history, a football World Cup final will feature a half-time show inspired by the NFL's Super Bowl. Expect fireworks to light up the New York skyline when a pop party kicks off during the July 19 final at MetLife Stadium. K-pop supergroup BTS, Madonna, and Colombian star Shakira will co-headline the programme, while British rock band Coldplay's lead singer Chris Martin will curate the 11-minute half-time show.Design Revolution: The Beautiful KitsThe hype around the World Cup this year first started when the teams' kits dropped in late March. Jerseys by sportswear giant Adidas emerged as the people's favourite, featuring beautiful designs: from the concentric ribbed pattern spreading across Japan's bright blue home kit to the lemon yellow away shirt of Curacao, inspired by the colourful buildings found in the island's capital, Willemstad. Other notable designs include Argentina's black and blue away kit featuring Fileteado folk art style, France's dark blue home kit with a pristine white collar, and South Africa's lush gold and forest green away kit adorned with vertical stripes made up of triangular hand-drawn tile patterns.Fan Experience Evolution: New Pre-Game CeremonyFIFA has announced a new pre-game ceremony that will take place before every World Cup match. All players in the matchday squad – not just the starting 11 – will line up around the centre circle before the national anthems are played. The ceremony, which FIFA said "transforms the stadium into a shared stage", will include extra-large country flag banners and will see players enter the pitch through a dedicated arch closest to the tunnel. This innovation aims to provide "each [fan] with a distinct and engaging perspective, with extra-large country flag banners and on-pitch elements carefully positioned to involve the crowd in an authentic and meaningful way."
#FIFA #World Cup 2026 #USA
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Sports Jun 05, 2026

The Magical History of Baseball's Superstitions and Curses

A new book explores baseball's rich history of superstitions, rituals, and curses, examining why Am…
The Enduring Magic of Baseball Baseball's relationship with superstitions and curses stretches back to its earliest days, with the infamous Curse of the Billy Goat being just one example. When Chicago bar owner William Sianis was denied entry to the 1945 World Series with his pet goat Murphy, he allegedly cursed the team, which then went 71 years without winning another championship. This story, along with countless other rituals and beliefs, forms the foundation of baseball's unique relationship with the magical and supernatural. A New Book Explores Baseball's Mystical Side Author, journalist, and New York Mets fan Addy Baird has chronicled baseball's rich tradition of superstitions in her new book, "The Magical Game: The Spirit and History of Baseball's Superstitions, Rituals, and Curses." Baird became fascinated with baseball's magical elements while cheering for the Mets, finding herself becoming increasingly superstitious as the team had successful stretches. "I changed the way I acted, things I did, wore, watched, said, ate," she admits, trying to influence the team's performance through her own rituals. Legendary Superstitions and Rituals The book documents numerous baseball superstitions throughout history. Turn-of-the-century managers like Connie Mack and John McGraw relied on human mascots to bring their teams good luck. Wade Boggs famously ate chicken before every game during his career in the 1980s and 1990s. More recently, a Seattle Mariners fan believes that holding a pair of slippers somehow negatively affected his team's performance, while a Tampa Bay Rays fan plays Middle Earth music during difficult innings despite having no interest in Lord of the Rings. Even in softball, superstitions persist—this week it was revealed that a top college player eats ladybugs in the dugout for good luck. The Psychology Behind Baseball's Magic When asked what makes baseball particularly prone to magical thinking, Baird identifies several factors: the presence of luck, the game's unique structure, and its repetitive nature. "Basically, when a sport has fewer instances of scoring, luck is a bigger factor," she explains. Baseball's structure is also distinctive as "one of the only games we play, and the only major North American sport, where the defense has the ball," creating an uncertain environment. The repetitive nature of the game—with batters facing dozens of pitches over a 162-game season—further compounds the uncertainty, creating what Baird calls "a perfect environment for magic to thrive." Baseball's Mythological Foundations Baird connects baseball's structure to ancient mythological patterns, noting that MLB's official historian John Thorn observed that "the form of the game itself mirrors that of the Odyssey." The nine innings represent the hero's journey: starting at home, facing potential failure, and embarking on a journey with the goal of returning home. "The story of this myth is embedded in the game itself. Magic is in its very structure," Baird concludes. This connection helps explain why baseball has developed such rich traditions and superstitions throughout its history. Evolution of Baseball's Magic The book also examines how recent changes to baseball, including sabermetrics and new rules like the pitch clock, might affect the game's magical elements. Initially, Baird believed these changes were killing baseball's magic, but her research revealed a long tradition of people claiming "baseball is dying" since the 1860s. She now believes "the game should evolve, an unchanging thing is a dead thing." Interestingly, she finds that sabermetrics actually "help us to see what makes [baseball] unique, what makes it special, what makes players exceptionally good... Those numbers reveal to us the magic." Baseball's Appeal Beyond the Field Through her research, Baird not only completed a manuscript but also discovered a new career path. In addition to her journalism work, she has become a practicing astrologer. "It was one of my really interesting side quests," she says. "I do readings for people, reading charts." Whether you're a baseball enthusiast or someone interested in magic and ritual, "The Magical Game" offers something for everyone. As Baird explains, "it's a book for people who love baseball, also for those who do not care about baseball at all" and "for the people who love magic, looking at it through a lens they may never have considered before."
#Baseball #MLB #Superstitions
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Sports Jun 05, 2026

Prem Team of the Season: From Teen with Sky-High Ceiling to Stat-Topping No 8

The Guardian has revealed their 2025-26 Premiership Rugby team of the season, featuring standout pe…
The Guardian's 2025-26 Premiership Team of the Season The final round of the regular Premiership season is approaching, with playoffs yet to come. The Guardian has unveiled their team of the season for 2025-26, with players required to have appeared in at least nine league fixtures to be eligible for selection. The XV features a mix of established stars and emerging talents, with Northampton Saints particularly well-represented in the lineup. Backline Brilliance: Standout Performers in the Three-Quarters The backline showcases some of the league's most exciting talents. At fullback, George Furbank of Northampton has overcome an injury-disrupted start to re-emerge as a key cog in Saints' slick backline and is positioned to regain the England No. 15 jersey. On the wing, 19-year-old Noah Caluori of Saracens has impressed with his aerial ability, contributing 14 tries in just three games against Sale (twice) and Newcastle, and finishing the season with 18 tries in 12 Premiership matches. Midfield Mastery: Tactical Versatility and Strike Power The midfield features players who have demonstrated both tactical intelligence and finishing ability. Tommy Freeman shifts to outside center to accommodate Caluori on the wing, boasting an impressive 16 tries in 13 league matches. At inside center, Rory narrowly edges out competitors like Len Ikitau and Max Ojomoh with his ability to cut smart angles and inject vital pace at crucial moments. On the left wing, Immanuel Feyi-Waboso's return after injury has highlighted his dangerous ability when given space, with five tries in the opening two rounds and consistent ability to leave defenders behind. Halfback Excellence: Vision and Control The halfback pairing features two players who control the tempo of their respective teams. At fly-half, Billy Searle of Leicester has been a revelation this season, with his confidence and skillset underpinned by a competitive edge that has put him on England's radar. At scrum-half, Ben Spencer of Bath edges out Northampton's Archie McParland with his exceptional kicking out of hand and expert game management, though potentially feeling the effects of a long campaign after 27 matches for club and country. Forward Dominance: Power and Versatility in the Pack The forward pack features players who have consistently delivered throughout the season. At loosehead prop, Nicky Smith of Leicester has started every regular season game, earning him a long-term deal with Sale Sharks. At hooker, Gabriel Oghre of Bristol stands out for his multi-dimensional skills, including a remarkable 45-meter kick to touch from a lineout throw. In the second row, Thomas du Toit of Bath provides the power and stability that has been crucial to Bath's success. At blindside flanker, the stat-topping No. 8 has been instrumental in driving his team forward with consistent performances. Statistical Standouts and Impact Analysis The selection is backed by impressive statistics that highlight the players' contributions. Caluori's 18 tries in 12 games places him at the top of the scoring charts, while Freeman's 16 tries in 13 matches demonstrates his exceptional strike rate. Northampton's dominance is evident with four players selected, reflecting their consistent performances throughout the season. The selection also recognizes the impact of returning from injury, with Feyi-Waboso's comeback proving particularly influential for Exeter's resurgence. Future Implications for England and Club Rugby This team of the season provides insight into potential England selections for upcoming international fixtures. Furbank's return to form strengthens the fullback position, while Searle's emergence at fly-half offers an alternative to established internationals. The selection of young talents like Caluori and Feyi-Waboso suggests a bright future for English rugby, with these players expected to develop further. For clubs, the recognition of players like Smith, who has been consistently selected despite modern rotation trends, highlights the value of reliability and durability in the modern game. Looking Ahead: Playoffs and International Rugby As the playoffs approach, this team of the season provides a benchmark against which performances will be measured. Several selected players will be crucial to their teams' playoff hopes, particularly Spencer for Bath and Hutchinson for Northampton. Looking further ahead, the Six Nations and Rugby World Cup preparations will benefit from the form shown by these players, with England likely to draw heavily from this pool of in-form performers. The balance of experience and youth in this selection suggests England will be competitive on multiple fronts in the coming season.
#Premiership Rugby #Northampton Saints #Noah Caluori
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Sports Jun 05, 2026

India Fast-Tracks 15-Year-Old Cricket Sensation Sooryavanshi to T20 Squad

India is set to fast-track 15-year-old batting sensation Vaibhav Sooryavanshi to the national T20 s…
The Fast-Track to International Cricket The 15-year-old batting sensation Vaibhav Sooryavanshi is likely to be named in India's T20 squad, while skipper Suryakumar Yadav could get the axe when selectors meet on Saturday. Sooryavanshi had a stellar Indian Premier League (IPL) for Rajasthan Royals, finishing top of the batting charts with 776 runs, including a hundred and five half-centuries. It is understood that the left-handed opener is in line to be picked for two T20 matches in Ireland, followed by five games in England. He would be the youngest debutant for India in history. Batting great Sachin Tendulkar played his first Test for India at 16 years and 205 days in 1989. Sooryavanshi has also been included in a 30-member of probables for the Asian Games in September-October in Japan, Indian media says. He was named most valuable player in the IPL, despite his team narrowly failing to reach the final. He also scooped the Orange Cap for leading the batting charts, and was named emerging player of the season, among other prizes. Leadership Shake-Up in Indian Cricket The India T20 team is expecting a leadership change, with Suryakumar likely to be removed from the captaincy nearly three months after he led the country to World Cup glory at home. Suryakumar has struggled with the bat, scoring just 242 runs in nine World Cup innings, with his unbeaten 84 against the United States the only significant knock. Playing for Mumbai Indians in the IPL, the 35-year-old managed only 270 runs in 13 innings at an average of 20.76. His team ended ninth in the 10-team table. Indian media have predicted Suryakumar will lose his place in the T20 squad, with insiders calling it a "tough call". Suryakumar is likely to be replaced by Shreyas Iyer, who last played a T20 for India in December 2023 but has been an IPL-winning captain. He led Kolkata Knight Riders to the title in 2024 and then captained Punjab Kings to a runners-up finish in 2025 and into the playoffs this year. Ishan Kishan and Tilak Varma are also in contention for the captaincy, with selectors set to name the squad over the weekend in Mumbai.
#Vaibhav Sooryavanshi #India Cricket #IPL
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