Category: Semafor

The Scoop Activist investor Oasis Capital Management has nominated a slate of directors at Vail Resorts and is preparing to launch a proxy fight, according to people familiar with the matter. Neither the names of the nominees nor how many seats Oasis sought could be learned, but to gain full ...

The News DALLAS – Republicans arrived at their first midterm convention ready to sell their wins for “working class” Americans, including hundreds of billions of dollars for tax cuts, refunds, and savings accounts.They left it ready to spend another trillion dollars in direct payments to Americans – if voters are ...

Leading Chinese AI startup Moonshot is reportedly exploring going public in Shanghai and Hong Kong, reflecting both the lab’s need for cash as well as concerns over a congested IPO pipeline in Hong Kong. China’s AI startups raise far less than their US peers, with top Chinese firms often bringing ...

A joint operation between the US, UK, and Norway foiled a Russian operation to cut undersea cables near the Arctic’s Svalbard archipelago this spring, Reuters reported. The operation involved a “secret weapon” used to sabotage cables without evidence, preserving the Kremlin’s plausible deniability. Russia’s Vladimir Putin told US President Donald ...

Watch Live at 9 a.m. ET on September 22 Three billion people remain offline, disconnected from the digital economy and the opportunities it creates. As the next wave of technology-led growth reshapes economies and global influence, The Next 3 Billion asks one of the defining questions of the decade: will ...

The global jihadi movement is fractured 25 years after the Sept. 11 attacks and lacks the capacity to launch similarly sophisticated operations, analysts said, but societies face equally dangerous terrorist threats today from advanced technologies. Much as the 9/11 Commission Report lamented the “failure of imagination” preceding the attacks, the ...

Houthi rebels captured a key Red Sea port on Thursday from Yemen’s Saudi Arabia-backed government, strengthening the Iranian proxy’s hold on one of the region’s two critical waterways. Reuters reported that the sweeping offensive was powered by arms and advice from Tehran. It puts the militia one step closer to ...

by Emma Cline. This novel follows the final days of a wealthy executive, diagnosed with Alzheimer’s, on his way to Switzerland to be euthanized. It is “merciless” and “gut-twisting,” according to The Atlantic: Cline “pulls death out from behind the curtain and forces her readers to look it in the ...

Global investment in low-carbon hydrogen will reach a new high this year, but the nascent industry is close to hitting a bureaucratic cap on its growth, an industry group report warned. Cumulative investment since 2020 in projects to manufacture hydrogen using either renewable energy or natural gas paired with carbon ...

The Scene Existential AI fears broke containment this week after an Anthropic researcher quit, warning that frontier labs are “gambling with our lives.” One of his colleagues chimed in, putting the odds of human extinction from AI at more than 10%. Sheryl Crow entered the conversation. We at Semafor Business ...