Trump’s Easter Ultimatum: Open the (Expletive) Strait or Else

The White House is preparing to make Iranian assets available to Gulf Arab states to help the countries recover after the conflict caused significant damage throughout the region.  CBS News reported speaking with a source who said that Washington will make Iranian assets accessible for rebuilding US Gulf allies related to any future damage inflicted […]

Deutsche Telekom, T-Mobile Weigh Potential Mega-Merger A new Bloomberg report states that Deutsche Telekom AG is exploring a mega merger with its U.S. subsidiary, T-Mobile US, in a move that would create a telecom giant valued at roughly $400 billion. If completed, the deal would rank as the largest public M&A transaction ever. Deutsche Telekom shares fell 4% in Germany on Wednesday morning after Bloomberg reported overnight that the company is in the early stages of considering a combination with T-Mobile US, in which it already holds a 53% stake. Here's...

US Moves To Further Restrict China's Access To Advanced AI Chips Authored by Evgenia Filiaminova via The Epoch Times, The U.S. Department of Commerce has issued new guidance to prevent Chinese companies from obtaining advanced U.S. artificial intelligence (AI) chips, such as Nvidia’s most sophisticated Blackwell processors, through overseas subsidiaries. The May 31 guidance clarifies that export licenses are required for entities headquartered in China or Macau, regardless of where their affiliates are located. The U.S. Commerce Department’s Bureau of Industry and Security (BIS) said that licensing requirements for advanced computing items destined...