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The Genesis of Meridian Ventures Meridian Ventures was born out of a shared experience: deferred MBAs. Now, founders Devon Gethers and Karlton Haney have raised a $35 million fund to back pre-seed and seed-stage companies started by people like them. Founders' Backgrounds and the Idea Gethers, 29, and Haney, 28, met in Harvard’s MBA deferred admission program in 2020. Gethers grew up in poverty in Washington State, while Haney grew up on a farm in Arkansas. They came together in 2023 with the idea of launching a firm that backed people with MBAs, with a tilt toward those who had deferred. Investment Thesis and Strategy The duo's thesis is to go against the common belief in Silicon Valley that MBAs don’t make good founders. To prove this, they raised a $2.5 million proof-of-concept fund to back 45 companies. They then launched their first institutional fund, which was oversubscribed at $35 million. The New Fund The fund will back founders building enterprise technology in the United States. Meridian is agnostic across sectors, with investments in fintech, logistics, healthcare, and AI. The average check size will be $500,000 for pre-seed and $750,000 for seed. The capital hopes to be deployed over the next three years. The Impact Gethers noted that the goal is to “seal the gap” between ambitious founders building frontier technologies and the capital required to help carry those ambitions forward. With this $35 million fund, Meridian Ventures aims to support founders who might have been overlooked in the traditional venture capital landscape. The Future Outlook As Meridian Ventures deploys its new fund, it is poised to make a significant impact on the startup ecosystem, particularly for entrepreneurs who have deferred their MBA studies. The firm's success will depend on its ability to identify and nurture promising companies, ultimately bridging the capital gap for these ambitious founders.

RMT Union Reaches Out for Talks Amid Strike ThreatHopes have been raised that next week's strikes by London Underground drivers could yet be averted, after sources said the RMT union had put out feelers for talks. The RMT members, almost half of London's Tube drivers, are due to strike for two 24-hour periods from midday on Tuesday and Thursday, closing some lines entirely and bringing widespread travel disruption to the capital until the weekend.Background of the DisputeThe action follows a similar wave of strikes in April, with more planned for June in the dispute over a planned four-day week working pattern. No talks have yet taken place and with neither Transport for London (TfL) nor the union apparently willing to alter course, further strikes had appeared inevitable. TfL has warned passengers that many services will not operate next week.Union's Position and Opportunity for ResolutionHowever, a source close to the dispute said that union representatives had now reached out to seek a deal, giving TfL a "window of opportunity" to prevent further strikes. They said that tube drivers were prepared for a long strike campaign of disruption, adding: "It is clear TfL needs to move from its uncompromising position and make some new proposals that do not impose new working conditions that tube drivers will not accept. An opportunity exists for the employer to do the right thing by Londoners and make a reasonable offer to the union."Expected Impact on London's Transport NetworkWith the strike still expected to take place, TfL has urged customers to plan ahead expect significant disruption, with early closures of services on Tuesday and Thursday and late starts on Wednesday and Friday. No trains at all will run on the Circle line, Piccadilly line, and in Zone 1 on the Metropolitan line and the Central line. However, TfL stressed that Londoners and visitors would still be able to travel around the city, with other rail lines and transport modes running, and even some Tube trains during the two 24-hour strike periods.Alternative Transport Usage During Previous StrikesThe Elizabeth line, London Overground and DLR will run as normal, as well as buses, although increased demand and traffic is likely to slow some services. Data from the last strikes in April showed that people continued to travel with patronage across the entire TfL network down only 13-14% overall on most strike days, and approaching normal levels on the Friday. The bike hire firm Lime reported about 20% more trips than average on strike days, while rival Forest said rush hour hires were up between 35% and 50%. Tap-ins to the tube were down between 42% and 48% from Tuesday to Thursday but only 31% on Friday, when travel on TfL services was down 6% overall.TfL's Response and Future OutlookTfL said it was not too late for the RMT to withdraw its planned strike action, and said the objections the union has raised would be resolved with further, more detailed work. The Aslef union, which represents a slight majority of London Underground drivers, has backed the TfL proposals for a four-day week. Claire Mann, TfL's chief operating officer, said: "It is disappointing that the RMT is planning this strike action despite our best efforts to resolve this dispute. We have been clear that our proposals for a four-day week are designed to improve work-life balance and are entirely voluntary."

The Lead: Summit Concludes Without Iran Breakthrough Donald Trump has claimed that the US and China "feel very similar" about ending the war in Iran but offered no details about a possible breakthrough during the final day of his summit with Xi Jinping in Beijing. The Diplomatic Stance: Shared Goals but No Clear Path "We did discuss Iran," Trump said. "We feel very similar about [how] we want it to end. We don't want them to have a nuclear weapon. We want the straits open." He added: "We want them [Iran] to get it ended because it's a crazy thing there, a little bit crazy. And it's no good, it can't happen." The Strategic Pressure: China's Role in Iran Crisis There is much speculation about how much pressure the US is putting on China, the biggest buyer of Iranian oil, to use its leverage with Iran to encourage the country to reopen the strait of Hormuz. US trade representative Jamieson Greer said in an interview with Bloomberg TV on Friday that the Chinese "don't want to be on the wrong side" on the Iran issue. "It's really important for China to have the strait of Hormuz open," Greer said. The Economic Calculus: China's Energy Security Concerns About half of China's crude oil passes through the waterway, but the bigger threat for the Chinese economy is if the conflict in the Middle East causes a global recession that dents demand for its exports. However, many in Beijing feel that the crisis in Iran is not China's responsibility. The Public Statements: Contradictory Messages US Secretary of State Marco Rubio initially said the US hoped "to convince [China] to play a more active role in getting Iran to walk away from what they're doing now and trying to do now in the Persian Gulf." But later he downplayed the idea that the US was seeking support from Beijing. "We're not asking for China's help. We don't need their help," Rubio said. The Chinese Response: Cautious Diplomacy China's foreign ministry on Friday again called for a ceasefire in Iran and said the strait of Hormuz should be opened "as soon as possible." Zhou Bo, a retired senior army colonel and a senior fellow in the Center for International Security and Strategy at Tsinghua University, said: "On Iran, China definitely wants to help but I read what Rubio said: he actually seems to shift the burden to the Chinese side. In China, we have a saying: it is like, 'Why should I clean your shit?'" The Official Readouts: Diplomatic Language The White House readout of the more than two hours of talks between Trump and Xi on Thursday said the leaders "agreed that the strait of Hormuz must remain open to support the free flow of energy" and that "President Xi also made clear China's opposition to the militarisation of the strait." The Chinese readout of the meeting just made a brief reference to the "situation in the Middle East." The Controversial Remark: Trump's PR Comment Trump raised eyebrows during a TV interview when he suggested that finding Iran's enriched uranium was primarily for show after Israel demanded it as a goal. "I just feel better if I got it, actually, but it's – I think, it's more for public relations than it is for anything else," the US president told Fox News host Sean Hannity. The Trade Deals: Symbolic Gestures Trump told Fox News that China agreed to buy US oil, soybeans and 200 Boeing planes. But on key issues including Taiwan, there seems to have been little by way of concrete agreement. Trump was heard saying on his way into the tea room at the Zhongnanhai garden that Xi was giving him roses for the Rose Garden, according to a White House pool report. The Strategic Balance: Shifting Power Dynamics Julian Gewirtz, a former director for China on the national security council during the Biden administration, said the new Chinese formulation about US-China relations was about "locking in this current phase of strategic stalemate for the remainder of Trump's term and ideally beyond." Wu Xinbo, a professor of international studies at Fudan University and a Chinese government adviser, said the balance of power between the US and China was "shifting towards greater parity." "In the past, it always seemed as though the United States held the upper hand, constantly exerting pressure on China and taking the offensive. Now, however, it's fair to say that the two countries have reached a new point of equilibrium," Wu said.

Executive Overview: A Memoir of Hope Amid SegregationBacktalker by Kimberlé Crenshaw is a candid autobiography that traces her upbringing in Jim Crow Ohio, the loss of family property through eminent‑domain, and the intellectual journey that produced the theory of intersectionality. The Guardian’s review frames the work as both a personal testament and a call to recognize ongoing racial inequities.Crenshaw’s Journey from Segregated Ohio to Intersectionality TheoryThe narrative begins with childhood episodes—being cast as a witch instead of a princess, a Black family’s defiant return to a drained public pool, and her father’s brief legal career—illustrating the daily “backtalk” that forged her resilience. At Cornell she discovered Derrick Bell’s scholarship, and at Harvard Law she confronted the stark absence of Black faculty, prompting protests that foreshadowed her later legal activism. A pivotal case involving Emma DeGraffenreid’s GM lawsuit revealed the limits of Title VII, inspiring Crenshaw to articulate the concept of intersectionality.Publication Details and PricingPublisher: Allen LaneRelease date: 2026Price: £25Available through: guardianbookshop.comWhy Crenshaw’s Story Reshapes Understanding of Race, Law, and Public MemoryThe review underscores that Crenshaw’s personal history mirrors broader systemic patterns—racialized eminent‑domain, under‑representation in elite academia, and the legal blind spot that ignored overlapping discrimination. By linking intimate family anecdotes to national moments such as the Clarence Thomas hearings, the OJ Simpson trial, and Barack Obama’s election, the memoir demonstrates how individual “backtalk” can influence collective legal and cultural narratives.Looking Ahead: The Enduring Relevance of BacktalkerAs debates over voting rights, reparations, and campus diversity intensify, *Backtalker* is positioned to become a staple in both scholarly curricula and public discourse. Readers and educators are likely to cite Crenshaw’s account when arguing for more nuanced anti‑discrimination policies that address the intersecting axes of race and gender.

The Unlikely Miss America Suzette Charles, a 63-year-old singer from Philadelphia, is about to release her self-titled debut album 33 years after it was initially shelved. Charles, who was crowned the first biracial Miss America in 1984, has had a lifetime of adversity, including a distressing tour with Bill Cosby and mistreatment by record labels. Early Life and Career Charles started performing at a young age, singing in commercials for Colgate and Coca-Cola, and appearing on Sesame Street and The Electric Company. At 15, she sang on the soundtrack to the film version of Hair and narrowly missed out on the role of Coco Hernandez in Fame. The Miss America Controversy Charles competed in Miss America 1984 as Miss New Jersey and came first runner-up, but was crowned winner after Vanessa Williams, the original winner, was forced to resign due to a nude photoshoot. Charles says the pageant organisers' reaction was not justifiable and that the contest is a relic of the past. Confronting Bill Cosby Charles was invited to sing on tour with Bill Cosby, but rumours of his vile behaviour were rife even back then. She kept her distance during the tour, refusing late-night requests from Cosby to discuss notes on her show alone. Charles says she was shocked when Cosby's abuse was finally uncovered. The Debut Album Charles had been working on her debut album with Stock Aitken Waterman, but it was shelved when the songwriters split up. She has now reunited with Mike Stock to finally finish the project. Stock says Charles is a talented singer who deserves to be in the same bracket as Paul McCartney and Donna Summer. A New Chapter Charles says she had to start living for herself and that her debut album is a new chapter in her life. She hopes her story will inspire others to pursue their dreams, despite adversity.

Kylian Mbappe confirmed that Alvaro Arbeloa informed him he was the “fourth forward” in the squad, a statement that explained his bench role in Real Madrid’s 2‑0 victory over Real Oviedo on May 15, 2026. The revelation has intensified criticism from supporters and highlighted tension within a season already marked by managerial change and a title loss.Arbeloa Labels Mbappe Fourth-Choice Forward Ahead of Oviedo MatchAfter returning from a thigh issue, Mbappe entered the game as a 69th‑minute substitute, joining Jude Bellingham in the attacking line‑up. Arbeloa started Vinicius Junior, Franco Mastantuono and Gonzalo Garcia, leaving Mbappe out after nearly three weeks without competitive minutes. Mbappe told reporters, “I am very good, at 100 percent, I didn’t play because the coach told me that for him I’m the fourth forward of the squad, behind Mastantuono, Vinicius and Gonzalo.”Mbappe’s Season Stats Highlight the Bench Decision’s Weight41 goals in 42 appearances this season.Provided an assist for the second goal against Oviedo.Missed the Clasico, where Barcelona secured the La Liga title.The stark contrast between his prolific scoring record and his reduced role underscores the strategic gamble Arbeloa is making amid injury concerns.Potential Fallout for Real Madrid’s Title Hopes and Fan RelationsSupporters at the Santiago Bernabeu whistled Mbappe’s substitution, reflecting growing frustration over perceived lack of commitment and a recent holiday trip to Sardinia. The benching comes as Real Madrid faces a second consecutive season without a major trophy and an upcoming presidential election called by Florentino Perez. Arbeloa promised Mbappe a starting role in the next match on Sunday, attempting to quell dissent.What Lies Ahead for Mbappe and Real Madrid’s AttackIf Arbeloa follows through on his promise, Mbappe could reclaim his status as the primary striker, restoring balance to the forward line. However, continued fan pressure and internal scrutiny may force the club to reassess its tactical hierarchy, especially as the season winds down and the board evaluates long‑term plans for the squad.

Veteran prop Jake Woolmore is on the brink of eclipsing the Bristol Bears' Premiership appearance record in a crucial fixture against Northampton, while still hunting for his first try after 142 league outings.Breaking the Bristol Premiership Appearance RecordWoolmore, 35, will surpass the club’s previous benchmark set by fellow prop Darren Crompton if he takes the field on Friday night. The milestone comes as Bristol sit fifth in the table, chasing a win over league leaders to keep their playoff hopes alive.Current tally: 142 Premiership games, 184 in all competitions.Target: Become the most‑capped Bristol player in top‑flight history.Team context: Five points behind fourth‑placed Exeter with three regular‑season games remaining.Try‑less Streak: Numbers Behind the RecordDespite his durability, Woolmore remains one of the league’s most prolific non‑scorers. The all‑time Premiership record for games without a try belongs to Kieran Brookes at 158 matches, with former Newcastle forward Mark Sorenson second at 144. Woolmore sits just 16 games shy of Brookes’ mark.Current try‑less count: 142 league appearances.All‑time leader: Kieran Brookes – 158 games.Second place: Mark Sorenson – 144 games.What Woolmore’s Longevity Means for the Bears and Rugby CultureWoolmore’s career underscores the value of consistency, professionalism, and off‑field balance. He runs an award‑winning sauna and ice‑bath business with teammate Harry Thacker, promoting mental and physical wellbeing for younger players. His approach—emphasising fitness, resilience, and a life beyond rugby—offers a template for aspiring pros in a sport increasingly focused on holistic development.Off‑field venture: Sivo Wellness – saunas and ice baths for athletes.Mentorship: Encourages younger players to engage in activities like yoga, citing lower injury rates.Team impact: Provides leadership and a steady presence in the front row, complementing star players such as England’s Ellis Genge.Future Outlook: Can the Try‑less Record Hold?With Bristol’s season hanging in the balance, Woolmore’s immediate focus is helping the Bears secure a win against Northampton and later fixtures against Bath, Sale Sharks, and Saracens. While the try‑less record may eventually be broken, his durability and off‑field contributions suggest he will remain a pivotal figure for Bristol and a role model for the next generation of front‑row forwards.

The Return of Smoggie QueensPhil Dunning's Middlesbrough-set LGBTQ+ comedy returns to BBC Three tonight at 10pm, promising more endearingly lo-fi hijinks at Keith's World of Carpets. The gang are throwing a coming-out party for Stewart, but after Keith busts out his terrifying homebrew ("fermented for 37 years"), everything gets a bit psychedelic. The timing isn't great for Dickie (Dunning) when his ex turns up. While the show never quite manages to be uproarious, viewers can expect to snigger happily throughout.Other Notable TV TonightBeyond Smoggie Queens, tonight's television lineup offers a diverse range of programming:Unreported World (7.30pm, Channel 4) - Explores faith-based treatments in the Philippines amid soaring healthcare costsHidden Treasures of the National Trust (9pm, BBC Two) - A literary-themed opener exploring Agatha Christie's Greenway Estate in DevonHacks (9pm, Sky Atlantic) - Final season focuses on legacy and the stories celebrities tell about themselvesFirst Dates (10pm, Channel 4) - Fred Sirieix hosts another batch of hopeful romanticsSt Denis Medical (10.40pm, BBC One) - Nurse Pam takes temporary charge with surprising consequencesThe Running Man (7am, 8pm, Sky Cinema Premiere) - Edgar Wright's new adaptation of Stephen King's dystopian thrillerThe Cultural Significance of LGBTQ+ RepresentationSmoggie Queens represents an important example of authentic LGBTQ+ representation in mainstream television. The show's setting in Middlesbrough, a working-class northern English town, provides a refreshing counterpoint to the more common metropolitan portrayals of LGBTQ+ life. Its return to BBC Three demonstrates the channel's continued commitment to diverse programming that reflects the full spectrum of British experience.The Evolution of Drag Comedy on TelevisionDrag comedy has evolved significantly from its early appearances on television, moving from novelty acts to nuanced character studies. Shows like Smoggie Queens contribute to this evolution by placing drag performers at the center of narratives that explore identity, community, and belonging. The show's lo-fi aesthetic and focus on character-driven comedy rather than spectacle represents a maturation of the genre.The Future of Regional Comedy ProgrammingThe return of Smoggie Queens highlights a growing trend toward regionally specific comedy programming that moves beyond London-centric narratives. By setting the show in Middlesbrough and embracing local dialects, cultural references, and landscapes, the program offers viewers an authentic representation of northern English life. This approach not only provides refreshing diversity but also challenges the traditional power dynamics in British television production.

Podcast Overview: Chalmers Responds to Budget CriticsIn the Full Story podcast released on 15 May 2026, Australian Treasurer Jim Chalmers directly answers the criticisms leveled at the Labor government’s 2026 budget. The discussion centers on how the budget aims to benefit younger Australians, the contentious reforms to the National Disability Insurance Scheme (NDIS), and recent changes to capital gains tax and negative gearing.Key Issues Highlighted in Linked AnalysesLabor’s budget will benefit the young – but does little to woo voters drawn to One NationNDIS cuts could leave some participants with a funding gap. How will the changes affect you?Budget capital gains tax changes and negative gearing reform explainedPolicy Highlights and Their Political ContextThe budget proposes targeted measures for first‑time home buyers and reforms to negative gearing, aiming to balance housing affordability with investor confidence. Simultaneously, the NDIS reforms introduce stricter eligibility criteria, prompting concerns about a potential funding gap for participants.Potential Impact on Voter SentimentBy emphasizing youth‑focused initiatives, the Labor government hopes to solidify support among younger voters, a demographic traditionally less aligned with the party. However, criticism from One Nation and concerns over NDIS cuts could sway undecided voters toward opposition parties.Outlook: What Comes Next for the 2026 BudgetChalmers’ defense suggests the government will continue to promote the budget’s long‑term economic benefits while monitoring the immediate social impacts of NDIS changes. Future parliamentary debates and state‑level feedback will likely shape any adjustments before the next fiscal review.