The Strait of Hormuz should not be under anyone’s control, and reopening it as a free and open waterway is the UAE’s top priority in any security agreement between Iran and the US, a UAE official said on Wednesday The emirates will also not accept an agreement that “does not ...
Month: April 2026
Norway will keep $1 trillion in US stocks, finance minister saysNorway will keep $1 trillion in US stocks, finance minister says
The News Norway’s $2.1 trillion sovereign wealth fund, the world’s largest, will continue to invest about half its assets in US equities despite the economic fallout from the Iran war, Norwegian Finance Minister Jens Stoltenberg said at Semafor World Economy. “We plan to continue to be a big investor in ...
Kalshi CEO expects US DOJ to prosecute insider trading casesKalshi CEO expects US DOJ to prosecute insider trading cases
The News The CEO of Kalshi on Wednesday said he expects the US Department of Justice to prosecute cases of insider trading on prediction markets like his own platform. “If you commit insider trading on Kalshi, that can and will at some point be a federal crime. It is a ...
Kalshi CEO says the prediction-market firm is ‘launching a portal for parents’Kalshi CEO says the prediction-market firm is ‘launching a portal for parents’
The News Tarek Mansour, the co-founder and CEO of the prediction-market firm Kalshi, said Wednesday that his company is taking new steps to keep minors from using its platform. Mansour, speaking at Semafor World Economy in Washington, DC, said Kalshi is tackling one strategy children employ for getting around its ...
‘Every continent’ should have advanced chipmaking facilities, says ARM CEO‘Every continent’ should have advanced chipmaking facilities, says ARM CEO
The News Every region of the world should have high-end semiconductor factories to avoid future supply-chain crunches, the CEO of ARM Holdings said. Speaking at Semafor World Economy, Rene Haas said that semiconductor shortages are holding back global industry, and that sales of ARM’s own new chip are constrained by ...
Ukraine Says Russians are Surrendering to RobotsUkraine Says Russians are Surrendering to Robots
Ukrainian President Volodomyr Zelenskyy praised robots as the future of war in a Defense Industry Worker Day address on Monday. “For the first time in the history of this war, an enemy position was taken exclusively by unmanned platforms—ground systems and drones. The occupiers surrendered, and the operation was carried ...
Emails Reveal Space Force’s Hardest Mission Is Writing a SongEmails Reveal Space Force’s Hardest Mission Is Writing a Song
📄 This article was primarily reported using public records requests. We are making it available to all readers as a public service. FOIA reporting can be expensive, please consider subscribing to 404 Media to support this work. Or send us a one time donation via our tip jar here. In ...
Podcast: How the FBI Extracted Deleted Signal MessagesPodcast: How the FBI Extracted Deleted Signal Messages
We start this week with Joseph’s story on the inherent friction between secure chat apps like Signal and the phone they’re running on. Incoming message content can be stored in a phone’s internal notification database. After the break, Matthew tells us the latest about the data center pushback. Then in ...
Mahmood promises action against ‘sham lawyers’ abusing asylum system after BBC investigationMahmood promises action against ‘sham lawyers’ abusing asylum system after BBC investigation
An undercover investigation revealed how law firms and advisers are helping migrants pretend to be gay to stay in the UK ...
Legal advisers help migrants pose as gay to get asylum, BBC findsLegal advisers help migrants pose as gay to get asylum, BBC finds
The BBC exposes a shadow industry charging migrants thousands of pounds to help them cheat the asylum system. ...