new video loaded: ‘We Came to Cheer Ourselves Up’: Soccer Offers Gazans Rare Joy
By Nader Ibrahim and Saher Alghorra For The New York Times
December 12, 2025
new video loaded: ‘We Came to Cheer Ourselves Up’: Soccer Offers Gazans Rare Joy
By Nader Ibrahim and Saher Alghorra For The New York Times
December 12, 2025
Rostrum Pacific, the parent company of indie label Rostrum Records, has secured $150 million in financing to grow its music catalog.
Rostrum said on Thursday (December 11) that the financing came from New York-headquartered Crayhill Capital Management, a private credit investment specialist with $2.9 billion in assets under management.
Crayhill’s financing marks a “significant expansion” of Rostrum’s catalog acquisition strategy, and will allow the company to “pursue catalog opportunities of any scale and integrate them into its robust, fully independent, and already-established ecosystem,” the company said.
Led by CEO Benjy Grinberg, Rostrum is aiming to become “the preeminent independent music company,” having consolidated its various businesses – Rostrum Records, Fat Beats, Cantora Records, and digital distribution platform SpaceHeater – under the Rostrum Pacific umbrella in 2023.
Last year, Rostrum Pacific launched SpaceHeater, a music distribution and analytics platform that uses AI-powered song attribution technology.
Rostrum says the platform offers “unmatched transparency and accuracy when it comes to tracking how artists’ music is used to train AI models and in determining fair compensation for AI-generated outputs.”
MBW understands that Rostrum’s catalog, previously distributed by ADA, is now fully distributed by SpaceHeater.
“With this backing, we’re expanding our reach and deepening our commitment to ensure that music under our care gets heard.”
Scott Margolin, Rostrum Pacific
“Securing this funding reflects confidence in our value-creation strategy – one that leverages strategic partnerships and collaborative frameworks to drive high-value returns,” said Scott Margolin, Rostrum’s Chief Financial Officer, who led the talks with Crayhill.
“With this backing, we’re expanding our reach and deepening our commitment to ensure that music under our care gets heard. We’re focused on catalog we can actively grow – whether it’s assets we acquire or the catalog we’ve been building for more than 20 years.”
Jihane Hassad, Director, TMT Investment Group at Crayhill, said Rostrum “has built a compelling in-house model that drives value creation and strategic growth, and we’re proud to back their expansion.
“As the music industry landscape evolves, Crayhill is well positioned to provide tailored capital solutions that enable Rostrum to pursue catalog opportunities of any scale and integrate them into its robust, fully independent, and already-established ecosystem.”
According to the Crayhill website, the company has invested over $500 million across its TMT (Technology, Media & Telecom) strategy, with investments in Music, Film and TV Libraries.Music Business Worldwide
By Retta Race on SwimSwam

The 2025 Swim England National Winter Championships kicked off from the storied Ponds Forge International Sports Centre in Sheffield. The fields on both the men’s and women’s sides are strong, despite some of the major players currently racing down under at the Australia vs. The World competition.
One of the key performances from the first day of action in Sheffield came at the hands of 20-year-old Tyler Melbourne-Smith.
Representing Loughborough University, Melbourne-Smith ripped a lifetime best of 3:36.09 to take the men’s 400m freestyle gold.
The ace registered the sole time of the pack under the 3:40 threshold en route to topping the podium. Freddie Ashley-Sparks of Wycombe District was next to the wall in 3:43.50, followed by open water swimmer Hector Pardoe who captured. bronze in 3:44.42.

As for Melbourne-Smith, his career-swiftest time entering this meet rested at 3:40.36. That time was notched at the 2024 edition of these championships.
Flash forward a year, and the emerging star knocked over four seconds off that result to produce an effort which would have garnered him the gold at this year’s European Short Course Championships. Fellow Briton Jack McMillan took gold in Lublin, Poland in a time there of 3:36.33.
Melbourne-Smith now checks in as the #2 British performer of all time, surrounded by Olympians on the elite list.
Top 5 British Men’s SCM 400 Freestyle Performers All-Time
Additionally, Melbourne-Smith now takes over the #1 ranking in the world on the season, dethroning Olympian Sam Short of Australia.
| 2 | Jack MCMILLAN |
GBR | 3:36.33 | 12/02 |
| 3 | Lukas Märtens |
GER | 3:36.51 | 12/02 |
| 4 | Carson FOSTER |
USA | 3:36.52 | 10/23 |
| 5 | Grigoriy Vekovishchev |
RUS | 3:36.57 | 11/09 |
Read the full story on SwimSwam: Tyler Melbourne-Smith Breaks Through With 3:36.09 SCM 400 Free, #2 British Swimmer Ever
Japanese kei cars have a cult following – and for good reason, too. They’re ultra-compact, lightweight vehicles that are essentially designed to meet Japan’s unique “kei” regulations, which cap engine displacement, exterior dimensions, and power output to make them efficient, affordable, and city-friendly.
And lately we’ve observed a surge in their search trends. All thanks to US President Donald Trump lauding these cars, calling them “really cute” during a White House meeting with top automotive honchos.
Among those present at the meeting were Stellantis CEO Antonio Filosa, Ford’s Jim Farley, Tesla CEO Elon Musk, and GM’s Mary Barra. Interestingly enough, Trump said that he gave US Transportation Secretary Sean Duffy the order to permit the production and use of such Kei “micro” cars.
Sure enough, we now have confirmation that Fiat’s small-sized Topolino will be making its way Stateside.
Stellantis
And while a Stellantis spokeswoman did say that Fiat’s announcement was unrelated to Trump’s recent comments, the truth is that it doesn’t matter. What matters is that this might just open up a whole new market in America.
The announcement came at Miami Art Week, where Fiat CEO Olivier Francois announced a Topolino EV (electric vehicle) for the US. This will double Fiat’s US portfolio, which currently consists of only the 500e electric city car on sale in the country.
Topolino literally translates to “little mouse” in Italian, and it is actually a rebadge of the Citroen Ami. Here’s a fun fact: it doesn’t even certify as a proper car, but rather an electric “quadricycle.” Thanks to its small size, at just 99.6 inches (2,529 mm) long and 55.12 inches (1,400 mm) wide, the Topolino is one of the smallest cars around. In fact, it can even be driven by 15-year-olds in some European countries, like Germany.
Stellantis
It’s powered by a 5.4-kWh battery pack that delivers up to 46 miles (75 km) of WLTP range. Charging it from empty to full takes only around four hours using a conventional outlet (though that’s at 240 volts). Its 8-horsepower (6-kW) electric motor is good for a top speed of 28 mph (45 km/h). That doesn’t sound an awful lot for US roads, and one could even argue that there could be potential issues in making the car street legal in America.
But here’s what makes things interesting: Owing to its size, the Topolino doesn’t need to pass the stringent Euro New Car Assessment Program (NCAP) standards, which may help Fiat bypass some of the US regulations.
Fiat may even look at putting it in the Low-Speed Vehicle category. That way, it could market the Topolino as a swanky alternative to the likes of golf carts. Classifying it similarly to UTVs in places that allow these kinds of vehicles to be used on public roads is another possible strategy Fiat may go for.
Stellantis
Fiat stated that it was inspired to bring the Topolino to America after touring the country with the car to assess consumer enthusiasm, making appearances at 2025 New York and Los Angeles car shows, as well as the Greenwich Concours d’Elegance.
The news couldn’t have come at a better time for the Stelanits-owned company, which was barely able to sell 1,528 vehicles in the US last year, a huge drop-off from around 44,000 units in 2012, its first full sales year. But the US is a tough market to crack, where big trucks and SUVs rule and small, compact cars often find it difficult to find buyers. But there might be one thing going for the adorable Topolino: its price.
Stellantis
In Europe, the EV sells for €9,900, which converts to around $11,500 in today’s money. If Fiat manages to carry the same affordable pricing Stateside, and better its dismal track record of selling EVs, it might just work out.
Nevertheless, what’s exciting is the possibility of a brand new auto market opening here in America, and I’m all in!
Source: Stellantis via CNBC
Strikes hit hills and valleys as Israeli military keeps up pressure, it says, to force Hezbollah to disarm.
Israeli warplanes have carried out at least a dozen attacks across southern Lebanon, targeting what the military claims are Hezbollah training facilities in the latest flagrant near-daily violations that have further undermined a year-old ceasefire.
The raids hit hills and valleys in the Jezzine and Zahrani areas, including locations near al-Aaichiyeh, between al-Zrariyeh and Ansar, and around Jabal al-Rafie and the outskirts of several towns, according to Lebanon’s state news agency.
list of 3 itemsend of list
Israel’s military said it struck a compound used by Hezbollah’s elite Radwan Force for weapons training, claiming the facilities were being used to plan attacks against Israeli forces and civilians.
Al Jazeera’s Zeina Khodr, reporting from Beirut, said the attacks avoided densely populated areas. “The locations were in hills and valleys, not population centres,” she said, noting this marked a repeated pattern.
“In fact, just a few days ago, in the middle of the night, they did the same thing.”
The Israeli military said it also hit what it said were rocket-launching sites and other infrastructure, describing the operations as necessary to counter what it deemed violations of understandings between Israel and Lebanon.
However, the continued bombardment has drawn sharp criticism from the United Nations, which reported in November that at least 127 civilians, including children, have been killed in Lebanon since the ceasefire took effect in late 2024. UN officials have warned the attacks amount to “war crimes”.
Khodr explained that the attacks form part of a sustained military pressure campaign.
“This is all part of military pressure on Hezbollah to force it to disarm,” she said. Israel wants the group “to give up its strategic weapons, its long-range weapons, its precision-guided missiles, its drones” which the Israeli military believes are stored in the Bekaa Valley and further inland.
But Hezbollah has sharply refused to relinquish its arsenal as long as Israel bombards and occupies parts of Lebanon. The group “doesn’t want to give up its weapons because it would view that as surrender”, Khodr added, noting that “Hezbollah and Lebanon do not have the upper hand. Israel enjoys air superiority.”
Tensions escalated further two weeks ago when Israel bombed Beirut’s southern suburbs, killing Hezbollah’s top military commander, Haytham Ali Tabatabai. The group has yet to respond, but said it will do so at the right time.
The attacks come as Lebanon and Israel recently dispatched civilian envoys to a committee monitoring their ceasefire for the first time in decades, a move aimed at expanding diplomatic engagement.
However, Hezbollah leader Naim Qassem criticised Lebanon’s decision to send former Ambassador Simon Karam to the talks, calling it a “free concession” to Israel.
Lebanese officials have expressed frustration over Israel’s near-daily attacks.
“It is one of the reasons why Lebanon agreed to sit down for face-to-face talks with the Israelis,” Khodr said, “engaging in diplomatic talks that are seen as very sensitive in Lebanon, in the hopes that it would avoid war.”
President Joseph Aoun said last week that Lebanon “has adopted the option of negotiations with Israel” aimed at stopping the continued attacks, while Prime Minister Nawaf Salam called for a more robust verification mechanism to monitor both Israeli violations and Lebanese army efforts to dismantle Hezbollah infrastructure.
“But the US ambassador to Lebanon, Michel Issa, made it clear a few days ago that even though Lebanon is sitting down in a room with a longtime enemy, it does not mean that the Israeli attacks will stop,” Khodr said.
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Some 200 West African soldiers, mainly from Nigeria and Ivory Coast, are in Benin to support the government following Sunday’s failed coup, Benin’s foreign minister says.
The attempt was foiled after Nigeria deployed fighter jets to drive the mutineers out of a military base and state TV headquarters, where they had declared a takeover.
This is the first time that officials have said how many foreign soldiers were deployed to the country, although it is not clear if some have been withdrawn since Sunday.
Benin’s Foreign Affairs Minister Olushegun Adjadi Bakari on Thursday said some of the regional troops sent to help had remained in the country “as part of the sweep and clean-up operation”.
A manhunt for those involved in the plot is under way, with the leader of the failed coup said to be taking refuge in neighbouring Togo.
The rebel soldiers justified their actions by criticising President Patrice Talon’s management of the country, complaining first about his handling of the “continuing deterioration of the security situation in northern Benin”.
The West African regional bloc, Ecowas, deployed troops from Nigeria, Ghana, Sierra Leone, and Ivory Coast to secure key installations and prevent any resurgence of the violence.
Nigeria, Benin’s large neighbour to the east, said its soldiers had reached there on Sunday, describing the coup attempt as a “direct assault on democracy”.
An Ivory Coast security source told AFP news agency that 50 soldiers from the country had been sent as part of the regional deployment.
“There are currently around 200 soldiers present, who came to lend a hand at the end of the day to the Beninese defence and security forces as part of the sweep and clean-up operation,” said Bakari, while addressing journalists in Nigeria’s capital, Abuja, on Thursday.
Bakari, who was speaking alongside Nigeria’s Foreign Affairs Minister Yusuf Maitama Tuggar, said that by the time the Beninese forces called for help, the coup “was already a failure”.
“When we started discussions for the intervention of Nigeria and the others, under Ecowas protocol, our military had already pushed them back,” he added.
According to Bakari, what was required was “precise aerial back-up to carry out a surgical operation that targeted the enemy’s key positions without risking civilian casualties”.
Tuggar said that fast diplomatic, military, and intelligence actions between Nigeria and Benin had helped to foil the coup.
Discussions are continuing over how long the regional forces would remain, but Bakari said any decision “will be taken in close collaboration with Benin’s defence and security forces, who have demonstrated their bravery”.
It is not clear if the French special forces who also reportedly helped loyalist troops thwart the coup are still in Benin.
Under intense pressure after a string of successful coups in the region, Ecowas is signalling that it is no longer willing to watch democratically elected governments be toppled by the military.
Bakari praised Ecowas as “an important tool that allows us to defend democracy and the values of democracy in our regional space”.
Benin’s army has suffered losses near its northern border with insurgency-hit Niger and Burkina Faso in recent years, as jihadist militants linked to Islamic State and al-Qaeda spread southwards.
Talon, who is regarded as a close ally of the West, is due to step down next year after completing his second term in office, with elections scheduled for April.
Jiangxi Copper raises takeover bid for SolGold to $1.13 billion
Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown. The New York Times
A strong, 6.7-magnitude earthquake struck in the North Pacific Ocean on Friday, according to the United States Geological Survey.
The temblor happened at 11:44 a.m. Japan time about 71 miles northeast of Hachinohe, Japan, data from the agency shows.
The earthquake came just days after a larger quake struck the same area and while parts of Japan’s coastline were under a mega quake advisory.
As seismologists review available data, they may revise the reported magnitude of the latest quake. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.
An aftershock is usually a smaller earthquake that follows a larger one in the same general area. Aftershocks are typically minor adjustments along the portion of a fault that slipped at the time of the initial earthquake.
Aftershocks can occur days, weeks or even years after the first earthquake. These events can be of equal or larger magnitude to the initial earthquake, and they can continue to affect already damaged locations.
Source: United States Geological Survey | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Japan time. Shake data is as of Friday, Dec. 12 at 12:03 p.m. Japan time. Aftershocks data is as of Friday, Dec. 12 at 4:14 p.m. Japan time.
Maps: Daylight (urban areas); MapLibre (map rendering); Natural Earth (roads, labels, terrain); Protomaps (map tiles)
Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal’s stablecoin. The head of crypto at PayPal, May Zabaneh, confirmed the arrangement to Fortune, adding that the feature is live and, as of now, only applies to users in the U.S.
A spokesperson for Google, which owns YouTube, confirmed the video site has added payouts for creators in PayPal’s stablecoin but declined to comment further.
YouTube is already an existing customer of PayPal’s and uses the fintech giant’s payouts service, which helps large enterprises pay gig workers and contractors.
Early in the third quarter, PayPal added the capability for payment recipients to receive their checks in PayPal’s stablecoin, PYUSD. Afterwards, YouTube decided to give that option to creators, who receive a share of earnings from the content they post on the platform, said Zabaneh.
“The beauty of what we’ve built is that YouTube doesn’t have to touch crypto and so we can help take away that complexity,” she added.
YouTube’s interest in stablecoins comes as Google and other Big Tech companies have shown interest in the cryptocurrencies amid a wave of hype in Silicon Valley and beyond.
The tokens, which are pegged to underlying assets like the U.S. dollar, are longtime features of the crypto industry. But over the past year, they’ve exploded into the mainstream, especially after President Donald Trump signed into law a new bill regulating the crypto assets. Proponents say they are an upgrade over existing financial infrastructure, and big fintechs have taken notice, including Stripe. In February, the payments giant closed a blockbuster $1.1 billion purchase of the stablecoin startup Bridge.
PayPal has long been an earlier mover in crypto among large tech firms. In 2020, it let users buy and sell Bitcoin, Ethereum, and a handful of other cryptocurrencies. And, in 2023, it launched the PYSUD stablecoin, which now has a market capitalization of nearly $4 billion, according to CoinGecko.
PayPal has slowly integrated PYUSD throughout its stable of products. Users can hold it in its digital wallet as well as Venmo, another financial app that PayPal also owns. They can use it to pay merchants. And, in February, a PayPal executive said small-to-medium sized merchants will be able to use it to pay vendors.
YouTube’s addition of payouts in PYUSD isn’t the first time Google has experimented with PayPal’s stablecoin. An executive at Google Cloud, the tech giant’s cloud computing arm, previously toldFortune that it had received payments from two of its customers in PYUSD.