Category: Semafor

US President Donald Trump dismissed reports of poor living conditions on the USS Abraham Lincoln, escalating a fight in Washington over the aircraft carrier’s record 260-plus-day stretch at sea. Multiple sailors have reportedly attempted to jump overboard during the deployment, which was extended to support the Iran war. The US’ ...

Europe’s latest summer heat wave risks worsening already-fragile global food security. Though hunger worldwide has fallen in recent years, restrictions to trade through key global chokepoints as well as fears of an unusually intense El Niño threaten that progress. In Europe, higher-than-usual temperatures and a lack of rain have left ...

Anthropic CEO and co-founder Dario Amodei pushed back Saturday against criticism that his messaging around AI — that it could centralize power and produce mass job displacement — has stoked the growing backlash against the technology. In rare social media remarks, Amodei acknowledged AI firms “haven’t yet delivered on our ...

A Spanish fighter jet shot down a suspected Russian drone over Romania on Sunday, two days after NATO downed a similar drone over Latvia. Such incursions have become a “near-weekly occurrence,” The Wall Street Journal noted, as Russia and Ukraine escalate their air campaigns: Ukraine launched one of its largest ...

Two Chinese tech firms with major African businesses are turning to the Hong Kong Stock Exchange to raise hundreds of millions of dollars in fresh capital, in the latest test of whether global investors see the continent as a source of scalable growth. Shenzhen-based Transsion — whose Tecno, Infinix, and ...

Growing demand for solar power in Africa’s largest economies is driving governments to strengthen local manufacturing of components for panels. But China’s dominance of the supply chain means those ambitions could take years to materialize, energy analysts told the Associated Press. Solar use has surged in South Africa and Nigeria ...

A White House meeting slated for Wednesday with cryptocurrency and prediction market players is expected to feature remarks from President Donald Trump as well as CFTC Chair Mike Selig, people familiar with the plans told Semafor. Attendees, according to those people, will include executives from cryptocurrency firms Coinbase, a16z, Ripple, ...

The Scene Warner Music Group CEO Robert Kyncl joins Mixed Signals — with Semafor business editor Liz Hoffman filling in for Ben — to explain what a record label actually does in a world where anyone can upload a song to Spotify. Max and Liz ask Robert why Warner struck ...

The “region cannot remain in a state of neither war nor peace indefinitely,” Anwar Gargash, diplomatic adviser to UAE President Sheikh Mohamed bin Zayed, warned this week. But this limbo looks likely to persist. US President Donald Trump is taking a “low-key” approach to squeezing Iran economically, while his energy ...

The Scoop Phillips 66 and Marathon Petroleum held merger talks earlier this year in a deal that would have created a $180 billion oil-and-gas giant, according to people familiar with the matter. The talks ultimately fizzled out and are unlikely to be resurrected anytime soon, the people said. Spokespeople for ...