Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will announce on Wednesday as part of a package of measures aimed at...
Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will announce on Wednesday as part of a package of measures aimed at reducing Europe's dependence on U.S. tech. The proposal, previously unreported and that could face late changes, also introduces mandatory non-price award criteria, including requirements for software and hardware developed within the EU, that would disadvantage U.S. big tech.
Venture Global ( VG ) on Monday said its wholly-owned subsidiary, Venture Global LNG, intends to offer $2.25 billion aggregate principal amount of senior secured notes due 2034 and 2036 in a private offering. The issuer intends to use the gross proceeds from the offering to redeem all of the issuer’s outstanding 8.125% senior secured notes due 2028 and to use cash on hand to pay the redemption pre...
Venture Global ( VG ) on Monday said its wholly-owned subsidiary, Venture Global LNG, intends to offer $2.25 billion aggregate principal amount of senior secured notes due 2034 and 2036 in a private offering. The issuer intends to use the gross proceeds from the offering to redeem all of the issuer’s outstanding 8.125% senior secured notes due 2028 and to use cash on hand to pay the redemption premium and related fees and expenses for the offering and the redemption. The redemption of the existing 2028 notes is expected to be conditioned on the closing of the offering. VG +1.4% at $12.21 premarket. Press release More on Venture Global Venture Global Has Incredibly Strong Growth Potential Venture Global: Don't Fear Normalizing LNG Prices Venture Global raised to Buy at Citi on 'meaningful torque in elevated margin environment' Venture Global targets $8.2B-$8.5B 2026 EBITDA while expanding CP2 bolt-on plan to 10 MTPA
TORONTO, Ontario and HAIFA, Israel, June 01, 2026 (GLOBE NEWSWIRE) -- NurExone Biologic Inc. (TSXV: NRX) (OTCQB: NRXBF) (FSE: J90) (“NurExone” or the “Company”), a biopharmaceutical company developing exosome-based regenerative therapies, is pleased to announce its financial results for the first quarter ended March 31, 2026, and to provide a corporate update on recent activities and upcoming mile...
TORONTO, Ontario and HAIFA, Israel, June 01, 2026 (GLOBE NEWSWIRE) -- NurExone Biologic Inc. (TSXV: NRX) (OTCQB: NRXBF) (FSE: J90) (“NurExone” or the “Company”), a biopharmaceutical company developing exosome-based regenerative therapies, is pleased to announce its financial results for the first quarter ended March 31, 2026, and to provide a corporate update on recent activities and upcoming milestones.
Ravi Naik says legal ruling that forced Sarah Wynn-Williams to make silent appearance at Hay festival also applies to him The lawyer representing the Meta whistleblower Sarah Wynn-Williams has said he too has been prevented from promoting her memoir under a legal ruling, after her silent appearance at the Hay festival. Ravi Naik said the terms of an arbitration proceeding meant neither Wynn-Willia...
Ravi Naik says legal ruling that forced Sarah Wynn-Williams to make silent appearance at Hay festival also applies to him The lawyer representing the Meta whistleblower Sarah Wynn-Williams has said he too has been prevented from promoting her memoir under a legal ruling, after her silent appearance at the Hay festival. Ravi Naik said the terms of an arbitration proceeding meant neither Wynn-Williams nor her “agents” could promote her bestselling book Careless People or say anything disparaging about the company. Continue reading...
Three weeks ago, Bitcoin (CRYPTO: BTC) ETFs were recording strong weekly inflows. The funds were pulling in close to a billion dollars a week, the seventh straight week of net inflows, and the institutional money looked ready to push BTC back toward its highs. Then the picture changed. Bitcoin spot ETFs are now coming off ... XRP ETFs Pulled In $131M in May While Bitcoin Funds Bled For 10 Straight...
Three weeks ago, Bitcoin (CRYPTO: BTC) ETFs were recording strong weekly inflows. The funds were pulling in close to a billion dollars a week, the seventh straight week of net inflows, and the institutional money looked ready to push BTC back toward its highs. Then the picture changed. Bitcoin spot ETFs are now coming off ... XRP ETFs Pulled In $131M in May While Bitcoin Funds Bled For 10 Straight Days
Pre-Market Stock Futures: Futures are trading higher to start a new trading week and a new month after what was an incredible May, and anybody who followed “Sell in May and Go Away” is having total seller’s remorse. All the major indices, except the Russell 2000, finished the day higher, helping them reach all-time highs, ... Here Are Monday’s Top Wall Street Analyst Research Calls: Accenture, Cae...
Pre-Market Stock Futures: Futures are trading higher to start a new trading week and a new month after what was an incredible May, and anybody who followed “Sell in May and Go Away” is having total seller’s remorse. All the major indices, except the Russell 2000, finished the day higher, helping them reach all-time highs, ... Here Are Monday’s Top Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Carnival, Dell Technologies, IBM, Kohls, Microsoft, Zscaler and More
FabrikaCr/iStock via Getty Images This is what produces bull market tops. Obviously no one rationally would want to buy at the top, and yet enough people do to produce a top. It’s really quite amazing how time horizons and money goals can change when there are stocks around that are going up 100 percent in six months. – Adam Smith (GJW Goodman), The Money Game, 1967 With valuations at the most ext...
FabrikaCr/iStock via Getty Images This is what produces bull market tops. Obviously no one rationally would want to buy at the top, and yet enough people do to produce a top. It’s really quite amazing how time horizons and money goals can change when there are stocks around that are going up 100 percent in six months. – Adam Smith (GJW Goodman), The Money Game, 1967 With valuations at the most extreme point in U.S. stock market history, pressed to fresh extremes by a wildly narrow advance in “AI-adjacent” stocks, it’s tempting to warn investors that bubbles typically end badly – that even the final doubling, and tripling, and quadrupling, and quintupling of the Nasdaq 100 during the late-1990s tech bubble was wiped away in the collapse that followed. Instead, let’s talk about the hippo. You heard me. On a recent trip to Africa, after working with some partners of the Hussman Foundation there, we spent two days in Kenya at a reserve where animals can roam freely (fortunately, most are monkeys, but you do need a Maasai warrior to escort you to your cabin at night). The lovely pond, we were told, was home to several alligators and a “resident hippo.” This was not my call. I think we all know how I respond to inadequate return/risk profiles. I was more at peace amid the poorest and most challenging areas of Kenya and Rwanda than I was with the idea that I might accidentally wander between the hippo and the pond. See, hippos look like lumbering cartoon river cows that might be fun to see up close. The truth is that they’re the deadliest large animal to humans on the face of the earth. Not because they’re carnivores. They’re not. Rather, as a friend explained, it’s because if you get in their way, they just, chomp. They open their mouths 150 degrees, then, chomp. What makes this even more dangerous is that the risk is vastly underestimated. Speculative bubbles are the same way. It’s all fun and exciting until you get a little too confident or wade in to get the full exper...
SOMERVILLE, Mass., June 01, 2026--SmartBear, helping teams build, test, and ship quality software at AI speed and scale, today announced the first platform to unify property-based, OCR, and vision AI — expanding coverage, reducing risk, and perceiving applications the way humans do. This functionality will automate testing of highly visual applications that are traditionally tested manually becaus...
SOMERVILLE, Mass., June 01, 2026--SmartBear, helping teams build, test, and ship quality software at AI speed and scale, today announced the first platform to unify property-based, OCR, and vision AI — expanding coverage, reducing risk, and perceiving applications the way humans do. This functionality will automate testing of highly visual applications that are traditionally tested manually because of their complexity, leading to poorer coverage and increased risk exposure.
The AI trade is hot, and it could stay hot for quite some time. Undoubtedly, much of the strength has been concentrated in the storage and memory stocks. The AI revolution is moving into that leftmost fast lane, and it feels like there’s not enough DRAM, NAND, or SSDs to go around. Just because the ... The Hidden AI Trade Already up 31% in Just One Month
The AI trade is hot, and it could stay hot for quite some time. Undoubtedly, much of the strength has been concentrated in the storage and memory stocks. The AI revolution is moving into that leftmost fast lane, and it feels like there’s not enough DRAM, NAND, or SSDs to go around. Just because the ... The Hidden AI Trade Already up 31% in Just One Month
Uncertainty over U.S. tariffs and hopes that the Strait of Hormuz will reopen by summer are set to drive copper prices higher, according to analysts at Citi, which has turned bullish on the metal for the first time in 2026. In a note published on Monday, Citi analysts forecast the price of copper to hit $14,500 per metric ton next month and $15,000 per metric ton within a year. Citi's one-year for...
Uncertainty over U.S. tariffs and hopes that the Strait of Hormuz will reopen by summer are set to drive copper prices higher, according to analysts at Citi, which has turned bullish on the metal for the first time in 2026. In a note published on Monday, Citi analysts forecast the price of copper to hit $14,500 per metric ton next month and $15,000 per metric ton within a year. Citi's one-year forecast would mark a more than 10% increase from a benchmark 3-month copper price of $13,636 per ton as of 7:38 a.m. ET on Monday, according to London Metal Exchange data. Similarly, analysts at Goldman Sachs on Monday raised their year-end copper price target to $13,735 per metric ton from $12,465 previously. The U.S. will decide whether to impose tariffs on refined copper imports at the end of next month. Uncertainty over the decision has supported the LME copper price as U.S. stockpiles of the metal continue to swell. "We anticipate further strategic ambiguity from US policymakers rather than a definitive announcement of a tariff and believe that the administration will not impose a refined copper tariff but will avoid stating this definitively to maximize incentives to maintain excess copper inventory in the US," Citi analysts wrote. Citi added that a potential lack of tariff clarity after June could become a headwind to prices, but a "supportive physical outlook and our expectation for a Hormuz reopening by the summer" should offset any downside impact. Demand for copper is considered a proxy for economic health. The base metal is critically important to the energy transition ecosystem and is integral to the manufacturing of electric vehicles, power grids and wind turbines. Electrification, grid expansion and data center build-outs all require large amounts of copper for wiring, power transmission and cooling infrastructure. Last year saw the metal track its biggest annual price rise since 2009, driven by supply disruptions, a weakening U.S. dollar, improving expectation...
Gigascale Capital, the VC firm founded by ex-Meta CTO Mike Schroepfer, just announced a new $250 million fund to back startups "rebuilding the physical economy for climate impact."
Gigascale Capital, the VC firm founded by ex-Meta CTO Mike Schroepfer, just announced a new $250 million fund to back startups "rebuilding the physical economy for climate impact."
A project to measure how reflective paint reduces indoor temperatures is delivering tangible benefits across Africa The brick house Sylvia shares in a Western Cape township on the outskirts of Cape Town with her three children gets unbearably hot every summer, causing the youngest to cry and her two older children to struggle to concentrate on their homework. Sylvia is not alone, according to a re...
A project to measure how reflective paint reduces indoor temperatures is delivering tangible benefits across Africa The brick house Sylvia shares in a Western Cape township on the outskirts of Cape Town with her three children gets unbearably hot every summer, causing the youngest to cry and her two older children to struggle to concentrate on their homework. Sylvia is not alone, according to a recent report in the Lancet : “In 2024, people in South Africa were exposed to 13 heatwave days, on average. Of these, 10.5 (80%) would not have been expected to occur without climate change.” But summer is more bearable for the family now that her asbestos roof has been painted with reflective paint. Continue reading...
Most families have little saved for retirement – and face unfair shame for it. It’s time to cut the bootstrap rhetoric What does it cost to age with dignity? It’s an urgent question as the youngest baby boomers approach 65 and their adult children prepare to take on their care. Day programs. Day programs for elders, like those for kids, are a fantastic community resource. Publicly funded transport...
Most families have little saved for retirement – and face unfair shame for it. It’s time to cut the bootstrap rhetoric What does it cost to age with dignity? It’s an urgent question as the youngest baby boomers approach 65 and their adult children prepare to take on their care. Day programs. Day programs for elders, like those for kids, are a fantastic community resource. Publicly funded transportation can take elders to a center designed with their joy and capacity in mind. My dad went to one such program and it was a balm; he sang karaoke, he saw the on-staff nurse when needed, and I was able to get some work done without him joining my Zoom calls. What’s more, according to recent estimates, the median day program costs $100 a day v about $200 for assisted living and more than $200 for in-home care. Day programs, vastly underfunded in most states, are a great way to keep elders ageing in place, prevent loneliness, and make sure family caregivers don’t burn out or have to quit their jobs. Worker-owned home healthcare. There’s a care workforce shortage for good reason; too many of these jobs aren’t good jobs. One small but growing part of the home healthcare market consists of worker-owned cooperatives, where professional caregivers are the leaders of their own organizations – setting hourly rates, vacation and sick leave policies, and training approaches. These organizations are shown to have far better worker retention than traditional care companies and, of course, it’s a boon to family caregivers to know that the person taking care of their loved one feels empowered and will stick around. Public long-term care insurance. Washington is the first state in the country to create public long-term care for its full-time workers, WACares. By contributing a small amount (0.58%) from wages to the fund, Washingtonians earn a long-term care benefit (up to $36,500) for when they need it. This could be a test case for other states that want to be humane places for people to ...
My husband, Craig, didn’t want to spend his last days in the hospital. His fight with bladder cancer then became a battle to get him hospice care at home “This isn’t where I want to die,” my husband, Craig, whispered to me. We were in a shared room on the top floor of NYU Langone hospital in Manhattan, the window obscured by a long privacy curtain. I barely had space to stand next to his hospital ...
My husband, Craig, didn’t want to spend his last days in the hospital. His fight with bladder cancer then became a battle to get him hospice care at home “This isn’t where I want to die,” my husband, Craig, whispered to me. We were in a shared room on the top floor of NYU Langone hospital in Manhattan, the window obscured by a long privacy curtain. I barely had space to stand next to his hospital bed under the bright fluorescent lights, our thoughts interrupted by the constant beeping of machines. Continue reading...
The roots of AI in rightwing ideology is examined in Valerie Veatch’s enjoyable doc, including an array of colourful, often crazed, figures Director Valerie Veatch made her name with documentaries such as Love Child (about an online gaming-addicted couple whose child died of malnutrition) and Me at the Zoo (about American vlogger Cara Cunningham), films that explore the intersection of real-world ...
The roots of AI in rightwing ideology is examined in Valerie Veatch’s enjoyable doc, including an array of colourful, often crazed, figures Director Valerie Veatch made her name with documentaries such as Love Child (about an online gaming-addicted couple whose child died of malnutrition) and Me at the Zoo (about American vlogger Cara Cunningham), films that explore the intersection of real-world subcultures and internet communities. Her latest continues in this vein, although its self-set remit is a bit broader, more urgent and germane to everyone right now: the pursuit of artificial intelligence, its dark history in eugenics and highly debatable utility today (despite the stock-market bubble pushing the value of a half-dozen companies towards the stratosphere). The thrust of the film is largely polemic, guiding the viewer towards AI-sceptical conclusions one persuasive soundbite at a time. Nevertheless, it also serves as a very useful, straightforward primer on AI history, touching on a dazzling array of colourful, often crazed figures, including Victorian British eugenicist Francis Galton, Silicon Valley founding father and overt racist William Shockley and current-day jillionaire jerk Elon Musk. Sadly, the film is not so up-to-date that it covers Musk and former friend-turned-foe Sam Altman’s recent courtroom brawl, but that doesn’t detract from the thrust of Veatch and her interviewees’ arguments. Continue reading...
This yoghurty-crunchy sharing dish brings classic street food vibes with no need to fire up the barbecue While souvlaki and other Greek meat grills are staples in our house, their appearance definitely increases in the warmer months. And if I’m going to the effort of lighting the barbecue, I will always cook more meat than I need, so I can enjoy it on subsequent days. As a result, I have a new app...
This yoghurty-crunchy sharing dish brings classic street food vibes with no need to fire up the barbecue While souvlaki and other Greek meat grills are staples in our house, their appearance definitely increases in the warmer months. And if I’m going to the effort of lighting the barbecue, I will always cook more meat than I need, so I can enjoy it on subsequent days. As a result, I have a new appreciation for turning this much-loved street food into more of a sharing plate. You can, of course, barbecue the chicken, if that is how your day is going, but this is just as delicious made in a pan, quickly and simply, with all that charred flavour. Throw in a little sunshine and a glass of cold wine, and you’ll find yourself instantly transported to a waterside taverna, paper tablecloth and all. Continue reading...
China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. Researchers from the China Finance 40 Forum (CF40) – comprising senior regulators and financial experts – said the country’s investment scale could be as much as 3.4 times that of the United Sta...
China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. Researchers from the China Finance 40 Forum (CF40) – comprising senior regulators and financial experts – said the country’s investment scale could be as much as 3.4 times that of the United States when measured by the volume of physical investment. The analysis, published in a note on Sunday,...
Sarah Beran, a former deputy chief of mission at the US embassy in Beijing, is set to succeed Stephen Orlins as president of the National Committee on United States-China Relations (NCUSCR), the South China Morning Post has learned. Speaking on condition of anonymity because they were not authorised to comment publicly, the sources said Orlins, 76, president of the NCUSCR since 2005, would retire ...
Sarah Beran, a former deputy chief of mission at the US embassy in Beijing, is set to succeed Stephen Orlins as president of the National Committee on United States-China Relations (NCUSCR), the South China Morning Post has learned. Speaking on condition of anonymity because they were not authorised to comment publicly, the sources said Orlins, 76, president of the NCUSCR since 2005, would retire and play an advisory role after the transition. The NCUSCR’s leadership has been notified of the...