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SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls

SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls One month ago, Japanese tech giant SoftBank Group, was forced to downsize plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors. Today, it couldn't even get that done after talks with potential creditors to raise the downsized $6 billion stalled amid rising concerns about the collateral value, Bloomberg reported citing people familiar with the matter.  As a result, the company is now considering various different fundraising options, although it could still move forward...
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May 7, 2026 / Tyler Durden
30 House Dems Demand US Confirmation That Israel Has Nuclear Arsenal
30 House Dems Demand US Confirmation That Israel Has Nuclear Arsenal In the latest indication that Israel's position in American politics is growing increasingly shaky, a group of 30 House Democrats have co-signed a letter to Secretary of State Marco Rubio, demanding that the US government finally acknowledge the existence of Israel's nuclear arsenal. It's a milestone event: For decades, both parties have diligently co-conspired in avoiding such a confirmation, typically claiming ignorance on the rare occasions when journalists or citizens asked them about it. MUST SEE: For many years, journalist...
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Jun 6, 2026 / Tyler Durden
Israeli Ambassador To France Accused Of 'Foreign Interference' After Election Remarks
Israeli Ambassador To France Accused Of 'Foreign Interference' After Election Remarks Via Middle East Eye The Israeli ambassador to France has been accused of "foreign interference" after saying he would prefer "anyone rather than Jean-Luc Melenchon" to win the 2027 presidential election. Speaking in a television interview on Thursday, Ambassador Joshua Zarka said he would rather see any candidate elected to the Elysee Palace than Melenchon, the leader of the left-wing party La France Insoumise (LFI), a strong supporter of Palestinian rights. Israel's Ambassador to France Joshua Zarka, via AFP Zarka also added that he met last month with Marine...
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Jul 2, 2026 / Tyler Durden
Paris Deputy Mayor Blames US Air Conditioning For French Heat Wave
Paris Deputy Mayor Blames US Air Conditioning For French Heat Wave The peasantry is not allowed to have creature comforts, otherwise, they might start thinking like free men.  So, let them eat cake (and fight each other over the last few box fans).   As we covered last week, over 1.2 million tourists have traveled to each US city hosting a World Cup game, and the resulting culture shock has gone viral across social media.  Notably, European visitors have been surprised by American infrastructure, hospitality and, strangely, air conditioning.  Apparently, European media and...
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