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 ...
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Pakistan, UAE reportedly take more direct Iran war rolePakistan, UAE reportedly take more direct Iran war role
The Iran war, frozen in a shaky ceasefire, appeared to expand and envelop more belligerents. US intelligence said that Pakistan allowed Iran to use its bases for military aircraft despite its role as a mediator in negotiations, CBS reported, while the UAE — which has been more anti-Iran than any ...
UK bond yields soar as PM Starmer’s fate hangs in balanceUK bond yields soar as PM Starmer’s fate hangs in balance
UK government bond yields rose to their highest levels in decades with Prime Minister Keir Starmer’s leadership hanging by a thread. Disastrous local election results for Starmer’s Labour Party have led to 70 lawmakers — including members of his cabinet — calling for him to resign; populist parties on both ...
OpenAI launches cybersecuity model to rival Anthropic’s MythosOpenAI launches cybersecuity model to rival Anthropic’s Mythos
OpenAI launched its own cybersecurity initiative in response to Anthropic’s. The ChatGPT-maker’s recent GPT-5.5-Cyber model, like Anthropic’s Mythos, can detect vulnerabilities in most software. Mythos was only released to a select few organizations to help them patch problems; OpenAI will do likewise. Almost all the institutions with access to Mythos ...
Qatar sovereign wealth fund pledges $500M investment with General AtlanticQatar sovereign wealth fund pledges $500M investment with General Atlantic
Qatar’s sovereign wealth fund is investing $500 million with General Atlantic as part of a deal to deepen their partnership, in the latest sign that the Gulf’s biggest funds are still actively seeking deals even as the closure of the Strait of Hormuz hits state revenues. The Qatar Investment Authority ...
UAE AI development faces bottlenecks, executives sayUAE AI development faces bottlenecks, executives say
Access to chips is not the only bottleneck in the UAE’s AI ambitions, according to executives involved in Abu Dhabi’s multibillion-dollar push into advanced technology. While GPUs have been a focus for Gulf states, other factors are also delaying progress, Paul Bloch, co-founder of data storage provider DDN, told Semafor. ...
‘Boeing, beef and beans’: Senators shine light on Trump’s China dealmaking‘Boeing, beef and beans’: Senators shine light on Trump’s China dealmaking
The News Republican senators who visited China last week left optimistic that President Donald Trump can clinch deals on aerospace and key agricultural goods when he lands in Beijing on Wednesday. The leader of the latest Hill delegation, Sen. Steve Daines, R-Mont., on Monday summed up his goals for Trump’s ...
Spain calls for creation of EU army amid US unreliabilitySpain calls for creation of EU army amid US unreliability
Spain called for the creation of an EU army, part of a broader shift toward European sovereignty. “We cannot be waking up every morning wondering what the US will do next,” the country’s foreign minister told Politico. Calls for European armies date back to the 1950s, but the wars in ...
Airlines lower some fares amid falling demandAirlines lower some fares amid falling demand
Airlines are lowering prices for some European flights after customers hesitated to book tickets amid the Iran war. Fears of a jet fuel shortage — and subsequent flight cuts and airfare hikes — have led many to hold off on booking summer travel. But a Financial Times analysis of flights ...
Demand for AI chips powers Asian stocksDemand for AI chips powers Asian stocks
The AI boom is pushing East Asian stock markets to record highs even as their economies feel the pain of wartime supply disruptions. JPMorgan Chase on Monday lifted its target for South Korean stocks on surging AI-related demand for semiconductors. Asia’s three most valuable firms are chipmakers: Some investors are ...