DeepSeek could reportedly file for an IPO as soon as this year, joining its rivals in capitalizing on investor enthusiasm for low-cost Chinese tech. The AI powerhouse is also considering raising new funds, weeks after completing its first financing round that valued the company at $52 billion. Other Chinese AI ...
Month: July 2026
US banks smash profit records after trading frenzyUS banks smash profit records after trading frenzy
The five largest US banks reported blockbuster earnings on Tuesday, owing to geopolitical uncertainty and technological upheaval that caused a trading frenzy. SpaceX’s historic IPO last month contributed to their collective $49 billion in profits, which shattered records. Market volatility often benefits trading divisions on Wall Street, but unlike in ...
Trump abandons Hormuz toll plan, restarts naval blockadeTrump abandons Hormuz toll plan, restarts naval blockade
US President Donald Trump backed off a plan to charge a 20% toll in the Strait of Hormuz, a day after a White House official told Semafor that Trump was “very serious” about the fee. Analysts were skeptical about the proposal, as it would double the cost of moving oil ...
‘A frightening piece to perform’: can Yoko Ono’s Cut Piece still shock?‘A frightening piece to perform’: can Yoko Ono’s Cut Piece still shock?
Sixty years after its first staging, performance artist MPA is restaging the provocative piece in Los Angeles Yoko Ono: Music of the Mind, a traveling retrospective on view at Los Angeles’s The Broad museum, features black and white footage of Ono’s 1964 Carnegie Hall performance of Cut Piece projected on ...
Midnight social media curfew proposed for older UK teensMidnight social media curfew proposed for older UK teens
Teens will be able to opt out of the restrictions – campaigners have criticised them as being piecemeal. ...
France v Spain: World Cup 2026 semi-final – liveFrance v Spain: World Cup 2026 semi-final – live
⚽ Kick-off time: 2pm local/3pm EST/8pm BST/5am AEST⚽ Player guide | Golden Boot | Football Daily | Mail Scott France and Spain have only met once before at the World Cup. That was 20 years ago, back in the day when Les Bleus very much had La Roja’s number (the ...
Trump scraps threat of 20% fee on Hormuz cargo as US resumes blockade of Iran portsTrump scraps threat of 20% fee on Hormuz cargo as US resumes blockade of Iran ports
Trump drops a 24-hour-old vow to charge cargo ships for using the Strait as the US continues its battle to break Iran’s hold on the waterway. ...
Strait of Hormuz ‘faultline’ exposes weakness of the US-Iran dealStrait of Hormuz ‘faultline’ exposes weakness of the US-Iran deal
Control of the waterway has become a key point of contention between the US and Iran, as a ceasefire deal falters. ...
Israeli strike on police post in north Gaza kills seven, officials sayIsraeli strike on police post in north Gaza kills seven, officials say
A senior officer in the Hamas-run police force was among those killed in the strike, which Israel’s military says targeted “terrorists”. ...
Diamond giant De Beers halts work at flagship South African mine as demand plummetsDiamond giant De Beers halts work at flagship South African mine as demand plummets
Production will stop for two years at the mine which employs more than 4,000 people. ...