Category: Semafor

Israel said it blew up two kilometers of tunnels operated by the Lebanese group Hezbollah as part of an offensive that has expanded despite a months-old ceasefire. Israeli authorities have refused to withdraw from southern Lebanon, citing Hezbollah’s refusal to give up arms as part of the US-brokered truce; Israel’s ...

Tareq’s view On Sept. 10, Algiers severed diplomatic relations with the UAE and closed its airspace to Emirati aircraft, surprising few who had watched relations between the two countries deteriorate. Algiers — whose officials disparagingly refer to the UAE as “the statelet” — accused Abu Dhabi of interfering in its ...

A Chinese chip firm surged 180% in its stock-market debut, spotlighting the growing list of challengers to Nvidia’s dominance. Shanghai Enflame Technology’s IPO was 6,000 times oversubscribed, Nikkei reported, and its stock price surged despite declines across Asian markets. Enflame’s opening day of trading came as a report from the ...

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 ...