Author: ALJAZEERA

Published On 4 May 20264 May 2026GameStop made an unsolicited $56bn bid to acquire e-commerce giant eBay—a company with a market value nearly four times higher—as the video game retailer seeks to boost profitability.eBay confirmed the offer on Monday and said that there had been no prior discussion or outreach with GameStop before receiving the offer.Recommended Stories list of 4 itemsend of listGameStop, which is worth roughly $12bn, is attempting to buy the online bidding giant in a deal that would consist of half cash and half stock buyout, with just around $9bn in cash and a debt load of…

Oil prices have failed to ease despite United States President Donald Trump’s announcement that the US will “guide” stranded vessels out of the Strait of Hormuz.Brent crude, the international benchmark, was essentially flat on Monday morning, as traders saw little hope of Trump’s plans resolving what the International Energy Agency has called the biggest energy disruption in history.Recommended Stories list of 4 itemsend of listBrent futures for July stood at $108.11 as of 05:00 GMT, down 0.06 percent.Trump said on Sunday that the US would “help free up” vessels stranded in the Gulf from Monday, but offered few details on…

Arrest of 39-year-old comes after Swiss company HiPP last month issued product recall over tainted baby food jars.Published On 3 May 20263 May 2026A man has been arrested in Austria over the discovery of rat poison in a popular brand of baby food, according to police.The arrest comes after the Swiss company HiPP last month issued a partial recall of its products after authorities found rat poison and an unspecified “toxic additive” in jars of baby food sold in Austria, the Czech Republic and Slovakia.Recommended Stories list of 4 itemsend of listHiPP, which bills itself as the world’s top organic…

Roughly 500 labour groups across the United States have organised a widespread economic blackout calling for “no school, no work, no shopping” to mark May Day, also known as International Workers’ Day.The events, organised as part of an initiative called May Day Strong, were inspired by economic boycotts following ramped-up immigration enforcement operations in Minneapolis, Minnesota, and the deaths of US citizens Renee Good and Alex Pretti in January.Recommended Stories list of 4 itemsend of listThe events are broad in scope but are overall efforts to protest government policies that prioritise the ultra-wealthy over working-class people.May Day Strong has a…

Gulf leaders gathered in Riyadh this week for their first in-person meeting since the outbreak of the US–Israel war with Iran. Alongside security concerns, they also discussed expediting longstanding joint projects.Under the umbrella of the Gulf Cooperation Council (GCC), these initiatives span transport, energy, water security and defence. They aim to deepen economic ties and strengthen collective resilience.Recommended Stories list of 3 itemsend of listThomas Bonnie James, a Gulf studies expert at AFG College with the University of Aberdeen, said the significance of this moment lies in how these projects are being redefined. He said the Iranian strikes on key GCC…

Canadian Prime Minister Mark Carney took office last year amid a flurry of aggressive actions by his country’s southern neighbour. A recently sworn-in United States president, Donald Trump, slapped tariffs on Canadian exports and threatened to make the US neighbour the 51st state.The actions were particularly damning as Canada had deep trade and security ties with the US, not only sending nearly 80 percent of its exports to that market, but also often following lockstep on geopolitical policy and strategic moves.Recommended Stories list of 4 itemsend of listAll that was thrown aside when Trump took office, and Canada, under former…

Elon Musk has taken the stand at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving.The world’s richest person is suing OpenAI, its cofounder and chief executive officer, Sam Altman, and its president, Greg Brockman, and said on the stand on Tuesday that they betrayed him and the public by abandoning OpenAI’s mission to be a benevolent steward of AI for humanity and transforming the nonprofit into a profit-seeking juggernaut.Recommended Stories list of 4 itemsend of list“If we make it OK to loot a charity, the entire foundation…

The trial’s outcome could sway the balance of power in AI, and jury selection starts on Monday.Published On 27 Apr 202627 Apr 2026Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for the development of artificial intelligence.The trial, which is scheduled to begin on Monday with jury selection, centres on the 2015 birth of ChatGPT maker OpenAI as a nonprofit start-up primarily funded by Musk before evolving into a capitalistic venture now valued at $852bn.Recommended Stories list…

Sydney, Australia – Until recently, Rosco Jewell sold about one used electric vehicle every two months on his online marketplace, Amazing EV.But in the weeks since the United States and Israel launched their war on Iran, Jewell has been shifting a second-hand EV roughly every two weeks.Recommended Stories list of 4 itemsend of list“It is now getting very hard to find used EVs to buy in the $20,000 to $50,000 range. And we’ve also seen prices increase by 10 to 15 percent – in some cases, 20 percent as well,” the Sydney-based businessman told Al Jazeera.As conflict in the Middle…

United States President Donald Trump has been evacuated from the White House correspondents’ dinner in Washington, DC, after shots were fired outside the event.Trump was rushed offstage at the Washington Hilton hotel on Saturday evening after gunfire broke out outside the ballroom where the annual media gala was taking place.The president, First Lady Melania Trump, and Trump’s Cabinet were unharmed in the attack.In a news conference after the incident, Trump said a man armed with multiple weapons had charged a security checkpoint and was “taken down” by the Secret Service.Trump described the suspect as a “very sick person” and a…