World's Direction / flickr

The Blackstone Group has ended talks to acquire a 40% stake in Israeli cybersecurity company NSO Group for around $400 million, Reuters reports. The deal, which also would have involved a 10% stake purchase by ClearSky, was expected to provide a partial exit for current NSO majority owner Francisco Partners. An NSO spokesperson says the company is not currently involved in investor talks.

  • Why it matters: NSO is the company whose software was allegedly used by the Mexican government to spy on opposition lawmakers, journalists and human rights lawyers (something that Mexican President Peña Nieto denies). It also once employed former U.S. National Security advisor Michael Flynn as a paid advisor. Blackstone's possible involvement had sparked some complaints from digital privacy advocates, although it's unclear if those efforts contributed to Blackstone's decision to back away.
  • Bottom line: "Serious investors who have done their due diligence may be thinking twice about just how problematic this category of investments could be to their image and their bottom line." – Citizen Lab researcher John Scott-Railton, via Reuters.

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Unrest in Philadelphia after fatal police shooting of Black man

Demonstrators rally on Tuesday near the location where Walter Wallace was killed by two police officers in Philadelphia, Pennsylvania. Photo: Mark Makela/Getty Images

The Pennsylvania National Guard was mobilized Tuesday during a tense second night of protests in Philadelphia over the fatal police shooting of Walter Wallace, a 27-year-old Black man.

Driving the news: Philadelphia Jim Kenney (D) and Police Commissioner Danielle Outlaw said in a joint statement Monday that police were launching a "full investigation" to answer questions that arose from video that captured part of the incident with police.

2 hours ago - Sports

Los Angeles Dodgers win World Series

Mookie Betts slides home safely to give the Dodgers a 2-1 lead. Photo: Tom Pennington/Getty Images

The Los Angeles Dodgers won their seventh World Series in franchise history with a 3-1 Game 6 victory over the Tampa Bay Rays on Tuesday. Shortstop Corey Seager was named the series MVP.

The big picture: It's the Dodgers' first championship since 1988, though they've won the NL West division in eight straight seasons and reached the World Series three times in the last four years.