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Vince Bucci/Invision for the Television Academy/AP Images

Vice Media has raised $450 million in new funding from private equity firm TPG Capital, which brings its valuation to $5.7 billion. Noticeably missing from this round's contribution was Walt Disney Co., which invested $400 million into the company two years ago for what was then an 18% stake (which will likely be diluted).

Why it matters: CEO Shane Smith told CNBC that the investment will help Vice build up "the largest millennial video library in the world," while also expanding its content options for its cable, mobile and digital platforms to include "news, food, music, fashion, art, travel, gaming, lifestyle, scripted and feature films." The company also continues to flirt with the idea of an IPO.

Go deeper

DiDi to delist from NYSE under Chinese govt pressure

Illustration: Sarah Grillo/Axios

Chinese ride-hail giant DiDi said it will delist from the New York Stock Exchange, following a Chinese government crackdown on foreign listings.

Why it matters: This reflects how geopolitical tensions are bleeding into the capital markets.

Updated 36 mins ago - Health

Omicron cases confirmed in 5 U.S. states

A healthcare worker inserts a Covid-19 rapid test into a machine in Denver, Colorado. Photo: Daniel Brenner/Bloomberg via Getty Images

Hawaii became on Thursday the fifth state to confirm the newly discovered Omicron variant after New York announced five new cases earlier in the day.

The latest: In Hawaii, the variant was found in an unvaccinated O'ahu resident with moderate symptoms who had previously been infected with COVID-19, per a state health department statement. The variant has also been confirmed in California, Colorado and Minnesota.

Senate Dems receive max donations from Nord Stream 2 lobbyist

Illustration: Annelise Capossela/Axios

A major Democratic donor and Nord Stream 2 lobbyist has made maximum campaign contributions this year to Senate Majority Leader Chuck Schumer and vulnerable Senate Democrats, campaign finance records show.

Why it matters: If pressure from the White House to vote against reimposing sanctions on the Russia-backed natural gas pipeline weren't enough, Democrats who back such legislation also will be at loggerheads with one of their party's top fundraisers.