China’s crackdown on offshore securities trading hit one of the biggest US trading firms to the tune of $70 million — and shows that (alleged) insider trading hasn’t moved to prediction markets. Susquehanna Investment Group sued 100 unnamed defendants who it says placed suspicious trades before Beijing last month targeted ...
Honeywell ditches conglomerate modelHoneywell ditches conglomerate model
Honeywell Aerospace CEO Jim Currier, whose aerospace and defense spinoff began trading on its own Monday, offered another eulogy for the conglomerate model. The sector-spanning corporate empire is “outdated,” Currier told Semafor, reflecting on a past generation of investors that were less sophisticated, had fewer tools like ETFs and prediction ...
The AI age is missing its phone companyThe AI age is missing its phone company
Liz’s view “Content is king,” Sumner Redstone said as technological shifts upended the media industry in the 1980s. That was the principle ho-hum distributors followed as they joined up with the creative engines of their industries, hoping to capture their glitz, IP, and stock-price multiples. Now, the pendulum is swinging ...
European tech leaders more worried about US than ChinaEuropean tech leaders more worried about US than China
The quest to build “sovereign” technology systems is increasingly animating European politics — not because of China, but the US. “The sharp edge of the tech discussion here is actually aimed at the US,” Jacob Kirkegaard, at the Brussels think tank Bruegel, said, remarks echoed by several executives and analysts ...
Chinese AC makers profit on Europe’s heatwavesChinese AC makers profit on Europe’s heatwaves
The European heatwave is benefiting Chinese air-conditioning makers and e-commerce platforms. On Alibaba’s international retail site, a Midea AC model that debuted this month is completely sold out in Germany, Italy saw a 100% month-on-month jump in sales of cooling appliances and sun-protection apparel, and a French politician ordered Chinese-made ...
Côte d’Ivoire v Norway: World Cup 2026 last 32 – liveCôte d’Ivoire v Norway: World Cup 2026 last 32 – live
⚽️ Kick-off time: 12pm local/1pm EDT/6pm BST/3am AEST⚽️ Player guide | Bracketology | Golden Boot | Mail Scott Pre-match postbag. “This one is an interesting game. Ivory Coast are a team who when I looked at squad before the tournament, I was surprised at the number of good players they ...
I pushed myself too hard at the gym – and ended up in the hospitalI pushed myself too hard at the gym – and ended up in the hospital
Reckless exercise can lead to exertional rhabdomyolysis, a condition that has risen due to the popularity of high-intensity workouts In January 2025, I attended my first bootcamp class. I had spent the day hunched over my laptop, anxious and craving an intense workout that would dispel my worries. I booked ...
Doubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’ | Arwa MahdawiDoubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’ | Arwa Mahdawi
The lovefest from Musk’s conservative fans completely overlooks the unscrupulous tactics behind his immense wealth For 12 glorious days in June, Elon Musk experienced something nobody else in the history of humankind has ever experienced: trillionaire status. Did all those zeros make Musk happy? Did the army of children he ...
County With 37 Data Centers Asks Schools to ‘Conserve Electricity’County With 37 Data Centers Asks Schools to ‘Conserve Electricity’
On June 26, the County Manager of Henrico County, Virginia, John Vithoulkas, sent an email to thousands of county employees asking them to help the local government conserve electricity. “Beginning July 1st, the rate we pay for electricity used in all Henrico County government and school facilities will increase dramatically ...
Scammers Sell Seeds for Exotic AI-Generated Flowers That Don’t ExistScammers Sell Seeds for Exotic AI-Generated Flowers That Don’t Exist
Scammers are selling seeds for plants that don’t exist with spectacular, AI-generated images of technicolor leaves that bloom in the shape of birds, butterflies, and cat heads. This type of fake seeds scam predates widespread access to AI image generators, but the ability to easily create these images has made ...