One of the biggest things going for Salesforce, Workday, and the other SaaS companies threatened by AI has simply been inertia. Uber CEO Dara Khosrowshahi told us in May that the market was overreacting, at least in the short term, to the SaaSpocalypse. “It’s easy for me to vibe code ...
Category: Semafor
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Blue Origin plays catch-upBlue Origin plays catch-up
Blue Origin, Jeff Bezos’ space startup, is seeking to raise $10 billion at a $130 billion valuation, Semafor confirms, hoping to play catch-up with Elon Musk in the space race. Given SpaceX’s head start, record of smooth launches (something Blue Origin has struggled with lately), and huge funding advantage, here ...
UN says RSF attacks in Sudan conflict amount to genocideUN says RSF attacks in Sudan conflict amount to genocide
The UN said actions carried out by the paramilitary Rapid Support Forces in Sudan’s civil war amounted to a genocide, with experts warning of further mass atrocities. Human rights investigators said the RSF encircled El Fasher in an attempt to starve its population, while survivors described being raped in rooms ...
Saudi-UAE border trade slows amid tensionsSaudi-UAE border trade slows amid tensions
The News Firms moving goods across the border from the UAE into Saudi Arabia are complaining of delays lasting up to several days in some instances, in a sign of the simmering tensions between the Gulf’s largest economies. Delays at the border have been getting worse in recent months, according ...
Mexico makes first LNG shipment to AsiaMexico makes first LNG shipment to Asia
The first shipment of Mexican natural gas to Asia is en route, evidence of the reshaping of global energy markets. Mexico’s new LNG export terminal is one of several developments on the Pacific coast of the Americas, with confidence in traditional export avenues waning. Five years ago, the two main ...
Russia bans diesel exports as fuel crisis deepensRussia bans diesel exports as fuel crisis deepens
Russia banned the export of diesel following Ukrainian strikes on refineries that have led to the worst fuel shortages since the fall of the Soviet Union. Kyiv’s increased offensive capabilities — some refineries as deep as Siberia have been struck — have forced Russia, the world’s third-biggest oil producer, to ...
Argentina begins construction of new nuclear reactorArgentina begins construction of new nuclear reactor
Argentina announced the construction of a new nuclear reactor and the UK extended the life of one of its existing ones, part of a worldwide revival of atomic energy. The Buenos Aires project is backed by $1.2 billion in US money; Britain’s Sizewell B will now run until 2055 rather ...
A defiant Platner exits Maine Senate raceA defiant Platner exits Maine Senate race
Maine Democrat Graham Platner suspended his Senate campaign on Wednesday night, denying new allegations of sexual assault but conceding that he couldn’t keep running after his party abandoned him. “The corporate media system and the political establishment got to act as judge, jury, and executioner,” Platner said in an 11 ...
GLP-1 use reaches new high in USGLP-1 use reaches new high in US
The percentage of US citizens currently taking GLP-1 drugs such as Wegovy for weight loss has almost quadrupled to 11% from 3% in 2024. A further 4% of Americans say they’ve used the drugs in the past, Gallup polling found. Meanwhile, US obesity rates, which peaked in 2022 at 39.9%, ...
US, China space ventures raise capitalUS, China space ventures raise capital
Commercial space ventures in the US and China are tapping broader pools of capital as the superpowers vie for dominance in a fierce space race. Jeff Bezos’ Blue Origin is seeking its first outside capital, aiming to raise $10 billion at a valuation of about $130 billion, The New York ...