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SoftBank Is Going All In on OpenAI, But at What Cost?

2026-04-20 05:30:08

Would you buy OpenAI’s shares even though the transaction might expose you to a liquidity crunch? SoftBank Group Corp.’s founder Masayoshi Son did just that.

Pakistan Is Juggling Blackouts and Iran Diplomacy

2026-04-20 03:30:10

This isn’t the first time that Pakistanis are unsure whether they should celebrate their government’s achievements or berate it for its failures. The country seems to be at the center of attempts to bring peace to West Asia, and is likely to host another round of talks between the US and Iran this week. But it’s also sweltering under hours of power cuts — driven in large part by a shortage of liquefied natural gas from the Gulf, but also because of poor decision-making by officials.

China’s Pharma Dominance Is Just Beginning

2026-04-20 03:30:08

The old pharmaceutical order anchored around cutting-edge advances from the West has quietly disappeared. What we have now is a bipolar industry centered on the US and China — with implications for patients and policymakers worldwide.

A Devil's Bargain Cripples Korea's Energy Security

2026-04-20 03:00:08

In the 2025 film KPop Demon Hunters, a slick South Korean boy band acts as cover for a diabolical plot to feed humanity to a ravenous, fiery, subterranean monster. Believe it or not, that’s a decent way of thinking about its energy policy.

The NBA Has a Victor Wembanyama Problem to Solve

2026-04-19 20:00:11

What stands out most about San Antonio Spurs’ Victor Wembanyama in his National Basketball Association playoff debut on Sunday night might not be how he plays, but who has to stay up to watch. Tipoff will land in prime time, at 8 p.m. CDT, for American viewers. In France, where he’s a national icon, that’s 3 a.m. Monday, forcing his most devoted fans to work around a schedule built for Texas.

Tom Steyer’s Bet on ‘Billionaire Populism’ Might Pay Off

2026-04-19 20:00:10

When Democratic activist Tom Steyer launched his campaign for governor of California six months ago, he did so as a billionaire populist promising to fight other billionaires on behalf of the working class. Given the eat-the-rich mood of the Democratic Party, most political observers dismissed him as an imperfect messenger and an unserious candidate — doomed to waste his money self-funding a bid to succeed Gavin Newsom.