The Scoop One of the UAE’s biggest family-owned conglomerates has told some customers it won’t be able to deliver homes it is building on schedule because of the disruptions caused by the Iran war, according to people familiar with the matter. Majid Al Futtaim (MAF), which owns some of the ...
Category: Semafor
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‘Nobody has budgeted’ for tokenmaxxing, Box’s Levie says‘Nobody has budgeted’ for tokenmaxxing, Box’s Levie says
The News Most companies didn’t budget for the exorbitant cost of AI tokens, but no company can function without them, Box CEO Aaron Levie told Semafor’s Reed Albergotti at the Semafor Tech summit in San Francisco. “It just showed up overnight,” Levie said about the ability for workers to write ...
Google quantum exec: US government funding would’ve come with ‘conditions’Google quantum exec: US government funding would’ve come with ‘conditions’
The News Google didn’t take funding from the Trump administration for quantum computing because of “conditions” that would’ve prevented the tech giant from moving as quickly as it would like, an executive said Wednesday. The US government last month announced $2 billion in grants and investments across nine quantum companies, ...
A Sputnik moment: China’s beating the US in neuroscienceA Sputnik moment: China’s beating the US in neuroscience
The News The US risks ceding healthcare and science preeminence to China if it doesn’t speed its systems for medical research and regulation, said Max Hodak, former president of Elon Musk’s Neuralink who now heads neurotechnology firm Science Corp. “There is a very real possibility that without significant regulatory reform, ...
Violence tests European leadersViolence tests European leaders
A spate of high-profile violent crimes is roiling the UK and France. The French president said Wednesday that trust in the country’s institutions is “at stake,” after an 11-year-old girl was killed by a suspect who had twice been formally accused of rape, with the revelations triggering protests and a ...
Ukraine’s cheaper version of PatriotsUkraine’s cheaper version of Patriots
Ukraine has built and tested a low-cost alternative to US Patriot missiles, potentially reducing a shortfall in anti-air interceptor weapons. Patriots cost more than $4 million each and take around two years to build; the Iran war has depleted US stockpiles so far that they will take at least three ...
Conflicts at highest level since WWIIConflicts at highest level since WWII
The number of direct conflicts between states reached its highest level since World War II. The Uppsala Conflict Data Program recorded 65 active conflicts in 2025, of which the number of interstate conflicts doubled to eight — the highest since data collection began in 1946. It also documented a stark ...
SpaceX IPO is oversubscribedSpaceX IPO is oversubscribed
The upcoming SpaceX IPO is raising concerns among some investors that the offering will simply be too large for the market to absorb in a healthy way. The market debut on Friday, set to be the largest in history, is more than four times oversubscribed, Bloomberg reported. Stocks fell last ...
Chinese investors want in on US IPOsChinese investors want in on US IPOs
Ordinary Chinese investors are turning to digital assets to skirt Beijing’s rules and bet on big US IPOs like SpaceX and OpenAI. The workaround involves cryptocurrency that purportedly has exposure to the underlying stocks, the Financial Times reported, despite Beijing’s ban on converting cash into crypto. There are concerns, though, ...
The complicated economics of Africa’s football successThe complicated economics of Africa’s football success
Yinka’s view When South Africa’s Bafana Bafana kick off against co-host Mexico on Thursday, they will do so as part of the largest African contingent ever to grace a men’s football World Cup. The 10 African countries playing across the US, Canada, and Mexico are part of a development story ...