No Tolls, Just Fees: Iran’s Hormuz Play
Iran will not charge transit tolls for ships passing through the Strait of Hormuz, but it will charge fees, and the distinction matters enormously for global energy markets. Foreign ministry spokesperson Esmail Baghaei confirmed Monday that under the newly finalized memorandum of understanding with the United States, Tehran plans to collect fees covering navigation services, […]
Anthropic Hit with Suit over Claude Max Usage Caps
A federal lawsuit filed in the Northern District of California is accusing Anthropic of misleading customers about the usage allowances on its two most expensive Claude subscription tiers, claiming the actual limits fall well short of what was advertised. Karl Kahn, a Washington, D.C.-based customer, is the named plaintiff. After starting with Claude for personal […]
Sweden’s First New Nuclear Plant in 40 Years to Use British SMR Technology
Swedish energy developer Videberg Kraft has selected Rolls-Royce SMR to build three small modular reactors on the Värö peninsula, on Sweden’s west coast, in what represents the country’s first new nuclear power plant in more than 40 years. Three reactors will be built under the Videberg Project, adding 1,500 megawatts of clean baseload electricity capacity, […]
Fox Corporation To Acquire Roku in $22 Billion Cash and Stock Deal
Fox Corporation (NASDAQ: FOXA) has agreed to acquire Roku (NASDAQ: ROKU) in a cash-and-stock deal valued at approximately $22 billion, a transaction that would reshape the U.S. streaming landscape by combining Fox’s live sports and news empire with the connected TV platform used by more than 100 million households worldwide. Under the terms of the […]
Goldgroup Closes San Francisco Gold Mine Acquisition, Targets 2027 Restart
Goldgroup Mining (TSXV: GGA) has taken full ownership of the San Francisco gold mine, closing a deal that pulls the formerly producing Sonora asset out of Mexican bankruptcy proceedings and into the hands of a company betting on a quick restart. The acquisition sees Goldgroup acquire Molimentales del Noroeste, the entity whose principal holding is […]
Surge Copper Pegs Berg NPV at $9.4 Billion in Pre-Feasibility Study
Surge Copper (TSXV: SURG) has put a price tag on its Berg copper project, and it’s a large one. The company released a pre-feasibility study for the wholly owned project in central British Columbia this morning, pegging the after-tax net present value at $4.6 billion using a 8% discount rate, with an internal rate of […]
Montage Gold Lifts Koné Resource to 8.3 Million Ounces on Satellite Deposit Growth
Montage Gold (TSX: MAU) has lifted the mineral resource at its Koné gold project in Côte d’Ivoire, with a cluster of higher grade satellite deposits driving most of the increase. Highlights from the updated estimate, released Monday, include: That adds 1.42 million ounces to the measured and indicated category and 1.62 million ounces to the […]
What Gabbard Called Never-Before-Seen Intelligence Was a Decades-Old Pentagon Program
Outgoing DNI Tulsi Gabbard’s June 12 biolab release repackages long-public records while amplifying a Russian disinformation narrative, independent analysts say.
Cormier Posts, Deletes Alleged Eric Trump DMs Asking About Rigged Fights at UFC Freedom 250
UFC commentator Daniel Cormier posted and then quickly deleted screenshots on Sunday purportedly showing Eric Trump asking him whether fights at the White House’s UFC Freedom 250 event were rigged.
US, Iran Offer Conflicting Accounts of Deal’s Financial Terms Ahead of June 19 Signing
Iran’s state-affiliated Mehr News Agency published what it described as a 14-point draft agreement stipulating $12 billion in frozen assets released to Tehran before formal negotiations begin — a claim a senior US official called “completely not true,” while a separate official told Axios it amounted to “spin.”