NEWS & MEDIA
MAY17

2026

YouTube and Netflix Are Starting to Sound a Lot Like Normal TV

YouTube is pitching advertisers on a new slate of shows -- just like a TV network.

MAY17

2026

Apple’s New ChatGPT-Like Siri App Will Have Auto-Deleting Chats

Also: A Genmoji upgrade is coming in iOS 27.

MAY17

2026

China’s Energy Boom Could Give It the AI Edge

As the United States and China compete for dominance in artificial intelligence, energy is emerging as a critical battleground. Former Treasury Secretary Hank Paulson warns that while the US still leads in AI technology, electricity shortages could become a major constraint as data center demand surges. Former US Ambassador to China Nicholas Burns says China’s enormous investments in transmission, renewables, batteries, and power generation are already reshaping global supply chains, while Hoover Institution senior fellow Elizabeth Economy argues Beijing’s clean-energy strategy is as much about economic and geopolitical power as climate policy. Together, their assessments point to a growing reality: the AI race may depend not just on chips and software, but on generating enough power to sustain the technology. (Source: Bloomberg)

MAY17

2026

Samsung, Labor Union to Meet in ‘Last Chance’ to Avert Strike

Samsung Electronics Co. and its largest labor union are set to resume negotiations Monday to avert a strike that the nation’s prime minister warned could wreak havoc on the economy.

MAY17

2026

Gold Holds Decline as Hormuz Quagmire Keeps Inflation Fear High

Gold held a decline as a lack of progress in reopening the Strait of Hormuz continued to fan inflation concerns that sent bond markets tumbling.

MAY17

2026

Australia Orders Chinese Investors to Sell Stakes in Mining Firm

The Australian government has ordered six shareholders to sell their stakes in rare earths firm Northern Minerals Ltd., the second such intervention in two years as Canberra seeks to protect the company from China-linked investors.

MAY17

2026

Oil Gains, Treasury Futures Slip on Iran Deadlock: Markets Wrap

Oil extended gains and Treasury futures slipped as the US and Iran remained deadlocked in efforts to end nearly three months of conflict and restore shipping through the Strait of Hormuz.

MAY17

2026

Oil Extends Gains as Trump Says Clock Is Ticking for Iran Deal

Oil rose for a third day as the US and Iran remained far apart on a deal to end weeks of war and reopen the crucial Strait of Hormuz.

MAY17

2026

Jane Street Doubles Capacity in Singapore as Expansion Rolls On

Jane Street Group LLC moved into a new Singapore office this month, doubling its seating capacity to 250 people as it continues to ramp up operations across Asia, said a person with knowledge of the matter.

MAY16

2026

South Korean Bond Yields Set to Rise on Chips Boom, Analysts Say

South Korea’s bonds are set to extend this year’s rout as a semiconductor boom supercharges the nation’s economic growth and adds to inflationary pressures, analysts say.