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Artificial Intelligence: Open-source important to 'Europe's tech strength'
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Morningstar values SpaceX at $780 billion, half its IPO target
Morningstar values SpaceX at $780 billion, half its IPO target June 2 : Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week. Prospects for the company's artificial intelligence business, which includes xAI and social media platform X, were uncertain given unclear economics and competition from OpenAI and Anthropic, the research firm said....
The Global Story: Operation Ajax: The CIA’s Iran coup
At the outset of the war in Iran, US President Donald Trump suggested that regime change was one of its goals. He later said it had been had achieved, a claim that is disputed by critics who point out that the same repressive forces in Iran still hold power. American attempts at regime change in Iran have a long history.
Meta shrugs off Trump’s idea for government ownership of AI
Meta is largely tuning out a suggestion from President Donald Trump that the U.S. government should forge a financial partnership with top artificial intelligence companies, the social media giant’s chief global affairs officer said Wednesday. “Honestly, it’s just not something that I’ve spent — we’ve spent a ton of time on,” Joel Kaplan said during POLITICO’s Energy Summit in Washington when asked about the notion of the federal government taking a “sizable equity stake” in Meta or other AI...
Canada confirms opening of Gordie Howe Bridge, despite Trump’s threats
Canada confirms opening of Gordie Howe Bridge, despite Trump’s threats Trump had threatened to halt the opening of the cross-border bridge, which is jointly owned by Michigan and Canada. Canadian Prime Minister Mark Carney has confirmed that the Gordie Howe International Bridge — a new six-lane thoroughfare that will connect Detroit, Michigan, with Windsor, Ontario — will open by the end of the week. The announcement comes despite threats to the contrary from United States President Donald...
How Donald Trump helped make Spain’s prime minister a ‘rockstar’
MADRID — When Europe’s leaders hold their periodic gatherings in Brussels, Pedro Sánchez isn’t often at the center of media attention. As a rule, when Spain’s 54-year-old prime minister strides down the red carpet below the giant glass oval structure in which the EU’s heads of government meet, only Spanish reporters surge forward to shout out questions about domestic affairs. Correspondents from other countries tend to focus on their own leaders, or chase after French President...
The U.S. Is Winging This Ebola Outbreak
By the time African health officials confirmed the world’s latest Ebola outbreak, the epidemic had already spilled from the Democratic Republic of the Congo into neighboring Uganda. Within two days, the World Health Organization declared the outbreak a public-health emergency of international concern. Less than two weeks later, the potential case count has risen past 1,000, including more than 230 deaths, and 10 other African countries have been designated at risk of being swept into the...
Major coffee chain that closed almost 1,000 high street stores plans huge comeback
Major coffee chain that closed almost 1,000 high street stores plans huge comeback The Coffee Bean & Tea Leaf, which once operated more than 1,100 cafés worldwide, has spent the past decade shrinking its presence across the United States amid changing consumer habits, rising costs and the fallout from the Covid pandemic A leading coffee chain that significantly reduced its presence following years of closures is planning a resurgence as it seeks to rival competitors, including Starbucks. The...
Venezuela, a big energy source, comes calling
Amid ongoing Indian efforts to diversify its oil supplies, PM Narendra Modi met Venezuela acting President Delcy Rodríguez and discussed ways to deepen the energy partnership. The Latin American country, which tops the list of countries with largest proven oil reserves, has emerged in recent weeks as one of India’s top crude suppliers. While no agreement was signed, both sides focused on securing long-term energy contracts citing “perfect complementarity” in the energy sector.
Who is the Indian guru Venezuelan acting President Delcy Rodriguez follows?
Who is the Indian guru Venezuelan acting President Delcy Rodriguez follows? The Venezuelan interim leader, who is a devotee of Sathya Sai Baba, is in India as the two countries aim to boost energy ties. Delcy Rodriguez is in India for the first time since she became Venezuela’s interim president after democratically elected President Nicolas Maduro was abducted by the US military in January.