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As Donald Trump launched his trade war on April 2, billionaire Republican donor Ken Langone knew it would decimate Home Depot, the company he helped build into America’s best-known DIY store. His gloom deepened as Trump followed up his “liberation day” with a tariff regime on China so steep that many experts said it would amount to a de facto embargo on goods from the world’s biggest exporter. The reaction was twofold. First, capital markets delivered a withering verdict, with a sharp sell-off in US Treasuries, the dollar, and global equities wiping out trillions of dollars of market value and raising…
Meta’s copyright battle with a group of authors, including Sarah Silverman and Ta-Nehisi Coates, will turn on the question of whether the company’s AI tools produce works that can cannibalize the authors’ book sales.US District Court Judge Vince Chhabria spent several hours grilling lawyers from both sides after they each filed motions for partial summary judgment, meaning they want Chhabria to rule on specific issues of the case rather than leaving each one to be decided at trial. The authors allege that Meta illegally used their work to build its generative AI tools, emphasizing that the company pirated their books…
وجد الألماني هانسي فليك مدرب برشلونة نفسه مجبرا على حل غريب من أجل تجاوز أزمة غياب أليخاندور بالدي عن موقعة إنتر ميلان الأوروبية. ففي الوقت الذي كان فيه الجميع ببرشلونة يرون أن بالدي جاهز لخوض مواجهة إنتر يوم الثلاثاء في إياب نصف نهائي دوري أبطال أوروبا، جاءت الأنباء السيئة التي تفيد باستبعاد اللاعب بنسبة 100% من تلك المباراة. 🚨❌ ¦ Balde tiene un alto riesgo de recaída, por lo que Hansi Flick ha decidido no contar con él. @mundodeportivo pic.twitter.com/NzP8eCvO6B — S P I D E R C U L E (@spidercule) May 4, 2025 وأكدت صحيفة “آس” الإسبانية أن…
London City Lionesses will play in the Women’s Super League next season. GettyLondon City Lionesses have secured promotion to the Women’s Super League (WSL) after a 2-2 draw with fellow contenders Birmingham City.Championship top scorer Isobel Goodwin opened the scoring just a minute into the second half, with Chantelle Boye-Hlorkah doubling the lead soon after. Although Birmingham levelled the game, the 2-2 draw was enough to seal promotion as the Michele Kang-owned side needed only a point to secure their place in the top flight.Formed after splitting from Millwall in 2019, London City are the only fully independent club across the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’As the mania for “American exceptionalism” fades, Europe and even China have emerged as new destinations for capital. But the best-performing region in the world this year is Latin America, and it is missing from the global conversation. Its stocks are up 21 per cent in dollar terms, well ahead of Europe in second place and the average return of 6 per cent across emerging markets.After fuelling…
While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based fintech says it’s ready to shift from steady growth to regional expansion. The round, which also drew participation from Partech Africa and CommerzVentures, brings the company’s total funding to just over $60 million. Founder and CEO Ahmed Wadi notes that, unlike fintechs burning through cash…
رئيس جهاز الاستخبارات العامة السورية، بدأ تجربته المهنية دعويا، ثم انخرط مع لجان العمل الثوري إبان الثورة السورية، وشغل مناصب قيادية في المنطقة الشرقية، قبل أن ينضم لهيئة تحرير الشام، ثم التحق بإدارة عمليات الفتح المبين، وعيّن محافظا لدير الزور عقب سقوط نظام الرئيس السوري المخلوع بشار الأسد. المولد والنشأة ولد حسين السلامة عام 1984 في مدينة الشحيل بريف دير الزور، وهو ينتمي لقبيلة العكيدات، واحدة من كبرى قبائل البلاد. الدراسة والتكوين العلمي أنهى السلامة دراسته الثانوية في دير الزور، وتخرج من معهد المراقبين الفنيين، كما حصل على دبلوم في الإدارة والاقتصاد. التجربة المهنية والعسكرية بدأ السلامة تجربته المهنية في…
Andreas HaleMay 5, 2025, 02:06 AM ETCloseAndreas Hale is a combat sports reporter at ESPN. Andreas covers MMA, boxing and pro wrestling. In Andreas’ free time, he plays video games, obsesses over music and is a White Sox and 49ers fan. He is also a host for Sirius XM’s Fight Nation. Before joining ESPN, Andreas was a senior writer at DAZN and Sporting News. He started his career as a music journalist for outlets including HipHopDX, The Grammys and Jay-Z’s Life+Times. He is also an NAACP Image Award-nominated filmmaker as a producer for the animated short film “Bridges” in 2024.LAS…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.It is fair to assume that, had any of the last few chief executives of Barclays bank been asked to sign a letter urging the government to rescind punitive regulations, they’d have jumped at the chance.From John Varley, who ran Barclays during the 2008 financial crisis, to Jes Staley, CEO up to three-and-a-bit years ago, the bank’s bosses have consistently campaigned to resist government bailouts and fend off onerous regulations.Not Venkat, as he is universally known. CS Venkatakrishnan, Barclays’ boss since late…
Startups providing AI-powered coding tools are striking a positive chord with investors. Cursor, one of the most popular tools in the segment, has attracted $900 million in a fresh round of funding led by Thrive Capital, as per a report from the Financial Times. The FT noted that other top venture firms such as Andreessen Horowitz (a16z) and Accel are participating in the round that would value Anysphere, the company behind Cursor, at $9 billion. Earlier this year, Cursor raised $105 million from Thrive and a16z at a $2.5 billion valuation, as previously reported by TechCrunch. Other AI-powered coding startups…