Day: May 12, 2026

Middle East crisis live: US war on Iran has cost around $29bn, Pentagon saysMiddle East crisis live: US war on Iran has cost around $29bn, Pentagon says

Pete Hegseth and other officials appear before House to face grilling on Iran war expenditure and military operations Iran has expanded its definition of the strait of Hormuz into a “vast operational area” far wider than before the war, according to a senior officer in the Islamic Revolutionary Guard Corps ...

The time for an eBay takeover was 10 years ago. Now, it’s better alone.The time for an eBay takeover was 10 years ago. Now, it’s better alone.

Rohan’s view eBay has been ripe for a takeover, and rightly targeted by angry investors, many times. Now is not one of them. It’s one of many things that remains perplexing about GameStop CEO Ryan Cohen’s bid for the company, which eBay this morning rejected as “neither credible nor attractive.” ...

Paramount seeks to calm California’s creatives — and a litigious attorney generalParamount seeks to calm California’s creatives — and a litigious attorney general

The Scoop Paramount is racing to reassure Hollywood that its takeover of Warner Bros. Discovery, with its HBO streaming service, isn’t aimed at killing movie theaters. “Theaters will continue to be an essential part of the moviemaking business and social fabric,” Paramount legal chief Makan Delrahim, a former Justice Department ...

The supreme court’s takedown of American democracy is complete | Austin SaratThe supreme court’s takedown of American democracy is complete | Austin Sarat

Since the Citizens United decision of 2010, the justices have dismantled Americans’ voices. The only solution is at the ballot box Writing in 1943, the historian Henry Steele Commager delivered both a stern history lesson and a warning about the United States supreme court. The court, he said, had never ...

ICE Agents Have List of 20 Million People on Their iPhones Thanks to PalantirICE Agents Have List of 20 Million People on Their iPhones Thanks to Palantir

Immigration and Customs Enforcement’s (ICE) use of Palantir systems now means agency officials effectively have a list of 20 million people readily accessible on their iPhones, increasing the speed at which ICE can find houses to raid and people to arrest, according to comments made by a senior ICE official ...