Chinese humanoid robot maker Linkerbot is seeking investment at a $6 billion valuation, double the level it raised money at only last week, highlighting investor appetite to enter the fast-growing industry. Beijing has made dominating the humanoid robot sector a national priority, committing almost $140 billion in state venture capital ...
Category: Semafor
Category Added in a WPeMatico Campaign
Republicans draft Iran war authorizationRepublicans draft Iran war authorization
A small group of Senate Republicans are still working behind the scenes on an authorization of military force for Iran that they can move on if President Donald Trump reprises strikes, according to several people briefed on the matter. Republicans expect to receive a fresh notification if hostilities resume, after ...
DR Congo’s cobalt quotas force miners to stockpile, pivot, or pauseDR Congo’s cobalt quotas force miners to stockpile, pivot, or pause
The News DR Congo’s cobalt export quotas have forced the metal’s largest producers to adopt new strategies as the central African country seeks to capture more value from its natural resources and curb illegal flows. DR Congo, which accounts for over 70% of global cobalt mine supply, introduced export caps ...
How the Fox News hawks got back in Trump’s good gracesHow the Fox News hawks got back in Trump’s good graces
The News George W. Bush had the hawkish Charles Krauthammer to explain his hawkish presidency to the public and advise him in private. Barack Obama liked talking to The New Yorker’s David Remnick. And Donald Trump has increasingly, improbably turned to a former Bush speechwriter best known for defending the ...
Taiwan’s president makes it to Eswatini, in spite of BeijingTaiwan’s president makes it to Eswatini, in spite of Beijing
Taiwan’s president made it to Eswatini, much to Beijing’s chagrin. The island’s leader, Lai Ching-te, had planned to visit his lone African ally last month but said he canceled his trip because China had pressured neighboring countries to close their airspace. Berlin and Prague also reportedly denied Taiwan’s requests to ...
US troop drawdown from Germany poses dilemma for EuropeUS troop drawdown from Germany poses dilemma for Europe
The US’ planned withdrawal of 5,000 troops from Germany is symptomatic of a widening transatlantic rift that risks leaving Europe with drastic security gaps. Berlin looked to downplay the impact of the drawdown, announced Friday, though US President Donald Trump said Washington would cut troop numbers “a lot further.” The ...
Chinese court says AI displacement is no excuse for firingsChinese court says AI displacement is no excuse for firings
A Chinese court ruled that companies can’t use AI as a justification for getting rid of employees. The ruling last week sided with a tech worker who was fired after refusing to accept a demotion when his job was automated by AI. The decision, which legal scholars said is a ...
Kyiv grows its global security mightKyiv grows its global security might
Ukraine is increasingly playing the role of global security provider — rather than recipient — as US allies question the extent of Washington’s security guarantees, experts said. Kyiv has become an arms powerhouse by building up its drone capabilities and bolstering defense partnerships that give it additional geopolitical leverage, an ...
Spirit closure reflects airlines’ woesSpirit closure reflects airlines’ woes
The demise of American budget carrier Spirit Airlines reflects how the jet fuel crisis stemming from the Iran war is imperiling the global travel industry, analysts said. The company abruptly shut down on Saturday after talks for a government bailout fell apart, stranding passengers and leaving 17,000 people out of ...
Trump seeks to deflate Iran authorization push by telling Congress war is overTrump seeks to deflate Iran authorization push by telling Congress war is over
The News President Donald Trump notified Hill leaders on Friday, the 60th day of the Iran war, that US hostilities with Tehran are over — for now — and thus don’t need congressional authorization. It’s a significant message to Republican lawmakers who have grown increasingly anxious and, in some cases, ...