South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the worldās biggest ever stock sales.The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Streetās tech-heavy Nasdaq index later in the day. Continue reading...
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Morocco Reaffirms Commitment to Global Humanitarian Action and Multilateral Cooperation
⢠Morocco has reaffirmed its commitment to strengthening global humanitarian action, guided by the humanist vision of King Mohammed VI. ⢠The initiative calls for systemic reforms, including increased investment in prevention, improved coordination with development efforts, and renewed global solidarity.
Read original Ā· moroccoworldnews.comHaalandās hometown hails ālittle boy who grew into a huge Vikingā
The people of Bryne are proud of local heroās rise to the top of world football as Norway prepare to face EnglandSurrounded by red hats, No 9 shirts and Erling Haaland action toys at her fabric shop in the small Norwegian town of Bryne, Olinda Haaland ā no relation but proud to share the now world-famous name ā said everybody in the strikerās home town was a football fan these days.āItās been pure joy,ā she said of her namesakeās rise to the top of world football. āWe all love him so much and heās doing so much for Bryne.ā Continue reading...
Read original Ā· theguardian.comAI companies want to water down Australiaās copyright laws. Artists are outraged, Labor is split
Anthony Albanese will deliver a landmark speech on AI this week as MPs are torn between attracting datacentre investment and protecting the rights of creativesFollow our Australia news live blog for latest updatesWhen Anna Funder stood before a pack of journalists at Parliament House this month, she presented herself not just as a writer but also a āvictim of crimeā.The Stasiland author was using the analogy to illustrate how technology companies have flagrantly āhoovered upā her literary works for their own profit. Continue reading...
Read original Ā· theguardian.comUS congressman says he was detained by armed Israeli settlers in occupied West Bank
Ro Khanna said settlers were armed with US-made weapons and Israel Defense Forces refused to interveneThe US congressman Ro Khanna says armed Israeli settlers detained him during a visit to the Israel-occupied West Bank recently, describing the experience as a first-hand view of the realities faced by Palestinians living under occupation.In an interview with Reuters on Thursday from a Palestinian village, the progressive US House Democrat from California said his detention happened the previous day while his delegation visited an area of the southern West Bank that has experienced repeated attacks by Israeli settlers. Continue reading...
Read original Ā· theguardian.comRyanair has axed its family seating policy ā but kidsā fees still add up
The airfare for a baby on your lap could cost more than your own ticket. Hereās how airline charges and travel taxes can hit youRyanair recently stopped making parents pay to sit next to their children but depending on the airline the hidden extra costs involved in flying with children can be substantial. In some cases, you can even end up spending more for the baby on your lap than you paid for your own flight.Your baby might not need a seat, but you are still likely to pay fees for them to travel. Some airlines offer discounts for children over two, while others whack families with the cost of a full-grown adult. Continue reading...
Read original Ā· theguardian.comElon Muskās family foundation took Tommy Robinson to Russia, says Muskās father
Errol Musk says far-right activist is āa fine young manā and held meetings with Russian business figuresElon Muskās family foundation took Tommy Robinson to Russia, according to the billionaire X ownerās father, who was with the British far-right activist in Moscow as he encouraged anti-migration protests in Britain.Robinson ā whose real name is Stephen Yaxley-Lennon ā appeared last month in Moscow, from where he issued calls for supporters to take to the streets after a knife attack in Belfast. He shared video of himself in a luxury Moscow hotel with the older Musk, whose son has been a vocal supporter of Robinson. Continue reading...
Read original Ā· theguardian.comUS and Iran exchange strikes as Tehran again says strait of Hormuz is closed
Tehran says vessel using unapproved route in strait was struck, drawing strikes from US forces to ādegrade Iranās ability to attack civilian marinersāIranās ā Islamic Revolutionary Guard Corps said on Sunday it had closed the strait of Hormuz after a vessel travelled on an unapproved route and was struck, warning that any retaliation over the incident would be met with a āsevere responseā.āA vessel that had jeopardised maritime security by switching off its systems was struck and ā brought to a halt,ā the navy of Iranās ā Islamic Revolutionary Guard Corps (IRGC) said in āa statement, without giving any details about the ship. Continue reading...
Read original Ā· theguardian.comAlfred Dreyfus statue to finally receive permanent home in central Paris
Sculpture of Jewish army officer wrongly accused of treason has been moved around the city for decadesFor 40 years, the statue of Capt Alfred Dreyfus has been moved around Paris, never finding a permanent home.The French army twice refused to allow it to stand at lāĆcole Militaire, where Dreyfus, a Jewish officer it had wrongly accused of treason in 1894, was stripped of his rank in one of the most notorious acts of antisemitism in Franceās history. Continue reading...
Read original Ā· theguardian.comOne Nation is capitalising on Australiansā economic pessimism like never before. Is a āstagflation impulseā to blame?
By tying housing costs to immigration, Pauline Hanson promises a simple solution to a multilayered problemFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastIn the three decades since Pauline Hanson entered federal politics, Australia has experienced numerous bouts of voter frustration with the mainstream parties.But it is only lately that the negative sentiment towards the majors has propelled One Nation to unprecedented polling numbers and delivered Hanson higher net approval ratings than the prime minister and opposition leader. Continue reading...
Read original Ā· theguardian.comWallabiesā pop-gun revival under Joe Schmidt blown apart as France unload heavy artillery | Daniel Gallan
Plucky defeats decorated with patches of excellence will not cut it for Australia with a home World Cup now looming largeThe camera found Joe Schmidt shortly after France had completed a 22-point swing. Australiaās coach had seen a 21-12 half-time lead obliterated in 16 brutal minutes. Schmidt, one of rugbyās sharpest minds, looked short of answers. The trouble was that the questions confronting him had obvious answers but almost impossible solutions.Why had Australiaās discipline deteriorated? Because they were under pressure. Why had their tackle intensity and ruck speed fallen away? Because France had introduced fresh power from the bench. Why had the Wallabies gone from a nine-point half-time lead to a 13-point deficit in barely a quarter of an hour? Because one team had more large, skilful, Test-quality rugby players than the other. Continue reading...
Read original Ā· theguardian.comāPoliticians have always been schemersā: upheld conviction fails to dent Le Penās popularity
Presidential bid by leader of far-right National Rally has no shortage of supporters in scenic MontargisIn the small French town of Montargis, Jean-Antoine, a retired decorator, was pleased Marine Le Pen had again shaken up French politics by launching a bid for the presidency, despite her legal woes.āEven the judges said she didnāt personally profit from the money, it was for her party,ā he said of Le Penās newly upheld conviction for embezzlement. āAll politicians in France have always been schemers, itās just a fact of life.ā Continue reading...
Read original Ā· theguardian.comEurope considering proposals to allow navigation fees in strait of Hormuz
Plans specify tolls must not be compulsory as US officials urge Iran to make public guarantee of safe passage for shippingEurope is studying proposals that could allow navigation fees to be charged in the strait of Hormuz, provided the payments are not compulsory and have the support of the UN agency that regulates maritime transport.Britainās deputy prime minister, David Lammy, said imposing mandatory tolls would be disastrous. But some cabinet colleagues said they recognised that payments for specific navigational services were permissible in many natural waterways, including the strait of Malacca and the English Channel. Continue reading...
Read original Ā· theguardian.com