All posts tagged: looms

Judge postpones Yemen’s TPS expiration as Supreme Court decision looms 

Judge postpones Yemen’s TPS expiration as Supreme Court decision looms 

Published by Sam Flores

A federal judge on Friday postponed the Trump administration’s decision to end temporary legal protections for roughly 3,000 Yemeni nationals, which was set to take effect next week.  U.S. District Judge Dale Ho joined a chorus of federal judges who’ve found the administration isn’t following the proper procedures when terminating countries from the temporary protected status (TPS) program, a key prong of President Trump’s… Source link

As Tim Cook steps down, Apple hit record sales — but a chip shortage looms

As Tim Cook steps down, Apple hit record sales — but a chip shortage looms

Published by skeptic

Apple reported a record quarter on Thursday. Yet outgoing CEO Tim Cook warned of some gathering storm clouds in the form of memory chip supply issues that could impact business in the near future. “Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” Cook said during Thursday’s earnings call. “iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup.” Less rosily, Cook relayed that Apple spent more on memory chips in March than in previous quarters, though the company’s costs were offset by its ability to sell stockpiled inventory. But, he warned, the expectation is “significantly higher memory costs” in June and beyond — the likes of which may “drive an increasing impact” on the business. Cook was referencing what has commonly been called “RAMageddon,” the trend of the AI industry guzzling up memory chips with such astonishing gusto it is spurring shortages. This is driving up the prices of hardware. Apple is primarily a hardware …

OpenAI in Shambles as IPO Looms

OpenAI in Shambles as IPO Looms

Published by José Betancourt

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech OpenAI is still committed to a whopping $600 billion in AI infrastructure investments over the next four years, a gargantuan spending spree that requires the ChatGPT maker to make massive strides in attracting new users — and, to put it crassly, make far more money than it currently is. The numbers don’t paint a flattering picture, with OpenAI barely crossing the $20 billion annualized revenue line last year. It certainly doesn’t bode well, considering the company’s rumored plans to go public later this year, a major transition that could shine a bright light on what’s sounding like a harrowing financial situation. What was supposed to be a meteoric rise to stardom is off to a rough start. As the Wall Street Journal reports, OpenAI missed its own targets of reaching one billion weekly active users for ChatGPT by the end of 2025 — a threshold it still has yet to cross — as well as several revenue targets, …

Domestic Flights To Resume In Iran Tuesday, Even As Ceasefire’s End Looms Large

Domestic Flights To Resume In Iran Tuesday, Even As Ceasefire’s End Looms Large

Published by Jenni Sidey

The two-week Iran ceasefire ends Wednesday, and President Trump is saying he doesn’t plan to extend it if a second round of talks in Pakistan fail. These Islamabad talks, it should be noted, have not so much as even gotten off the ground. President Trump has further said “lots of bombs” will fall if there is no deal, and if Iran doesn’t hand over its nuclear material. And yet the Iranians are remaining defiant and proving their resiliency by showing a sense of ‘normalcy’ has returned to Tehran and across much of the country. For example, the below is a fresh scene of bustling city life in the capital via AFP: 🇮🇷 Coffee shops bustling in Tehran as Middle East ceasefire nears end Iranians gather in coffee shops in northern Tehran, as uncertainty grows over a push to stop the Middle East war from resuming. pic.twitter.com/svvALqngbT — AFP News Agency (@AFP) April 21, 2026 Similar scenes have been portrayed going back to the second week of April. It was in the April 7-8 range that the …

Strike looms at Australia LNG plant as Inpex workers reject new contract

Strike looms at Australia LNG plant as Inpex workers reject new contract

Published by Sam Flores

PERTH, April 17 : Japan’s Inpex said on Friday that workers at its Ichthys liquefied natural gas facility in Australia had voted against a new employment agreement, raising the risk of a strike that could exacerbate already tight energy supplies globally. “A majority of eligible employees have cast their vote and the proposed agreement has not been endorsed,” an Inpex spokesperson said. The Offshore Alliance, a grouping of the Maritime Union of Australia and the Australian Workers Union, had previously flagged that its 430 members would vote against the new contract, which it said does not meet benchmark industry standards for wages and conditions. The Inpex spokesperson said the company would “continue to actively engage in the bargaining process in good faith and work collaboratively to address feedback from our workforce.” Separately, union members are due to finish voting next week on whether to take protected industrial action, with the ballot closing on April 24. In 2023, a strike at Chevron’s Wheatstone facility in Australia tightened global LNG supply. More than 20 per cent of the world’s LNG supply …

Strait of Hormuz leverage looms over US-Iran talks in Islamabad | US-Israel war on Iran

Strait of Hormuz leverage looms over US-Iran talks in Islamabad | US-Israel war on Iran

Published by Sam Flores

NewsFeed The US and Iranian delegations are holding direct talks for the first time since 1979 in Islamabad, where analysts told Al Jazeera’s Osama Bin Javaid that progress may hinge on Iran’s leverage over the Strait of Hormuz and the outcome of talks between Israel and Lebanon. Published On 11 Apr 202611 Apr 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on Googleinfo Source link

Iranians brace for possible devastation as Trump’s deadline looms | US-Israel war on Iran News

Iranians brace for possible devastation as Trump’s deadline looms | US-Israel war on Iran News

Published by Sam Flores

Tehran, Iran – United States President Donald Trump says daily life could be different for more than 90 million Iranians on Wednesday, after his deadline for Tehran to reopen the Strait of Hormuz expires. Trump says that Iran’s electricity, bridges, and other critical infrastructure will be bombed if it does not open the vital waterway, despite the deliberate targeting of civilian infrastructure being a violation of international law. In the last hours before the 8pm US Eastern Time (23:00 GMT) deadline approaches, Iranians are left to worry about the consequences of attacks that Trump has threatened would be the death of “a whole civilisation“. Recommended Stories list of 3 itemsend of list “We all know he’s crazy enough to do it. He doesn’t care as long as he believes it serves his interest,” a resident of Tehran said about Trump. The US president has been making apocalyptic threats as the war on Iran, which began with joint US and Israeli strikes at the end of February, expands. “I’ve been smoking more and haven’t been sleeping …

Polymarket Unveils Exchange Overhaul, Native Stablecoin As US Expansion Looms

Polymarket Unveils Exchange Overhaul, Native Stablecoin As US Expansion Looms

Published by Jenni Sidey

Authored by Micah Zimmerman via Bitcoin Magazine, Bitcoin and crypto focused prediction market platform Polymarket is preparing its most significant infrastructure upgrade to date, rolling out a rebuilt trading system alongside a new native stablecoin designed to replace bridged collateral and streamline on-chain activity. The overhaul, described by the company as a “full exchange upgrade,” is expected to go live over the next several weeks and includes new smart contracts, an updated central limit order book (CLOB), and a proprietary collateral token called Polymarket USD. The token will be backed 1:1 by USDC and will replace USDC.e, a bridged version of the stablecoin currently used across the platform. Last month, Intercontinental Exchange, the parent company of the New York Stock Exchange, made a $600 million direct cash investment in prediction market platform Polymarket as part of a broader equity fundraising round, the company announced. The shift away from bridged assets reflects a broader effort to reduce reliance on cross-chain infrastructure, which can introduce additional risks and inefficiencies. By moving to a natively controlled collateral token, Polymarket aims to tighten control over …