Sinokor controls half of Hormuz's tanker transits thanks to a pre-war bet
A little-known South Korean shipper turned one big bet before the war in Iran into a stranglehold on the world's most vital oil passage.

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A little-known South Korean shipper turned one big bet before the war in Iran into a stranglehold on the world's most vital oil passage.
Saudi Aramco formalized its October agreement, paying $2.6 billion for a minority stake in Humain while PIF keeps control, a template for Gulf AI deals.
Gwynne Shotwell and her husband are distributing over 2 million SpaceX shares to children's Trump Accounts in December, with eligibility tied to income and location.
The largest crypto theft on record lands on Binance, the industry's biggest exchange, and sends a warning through every digital asset treasury.
The labs' claim could invalidate decades of research - and leave the field feeling like 'overexcited bunnies' chasing new questions.
The decades-old vulnerability in PHP shows how legacy code and AI-powered attacks are creating a new era of cyber risk for every company.
OpenAI says its models disproved a bedrock computer science hypothesis, and Anthropic agrees. Independent reviewers aren't certifying it yet.
The AI lab's IPO filing reveals a multichip compute model that analysts say could erode Nvidia's pricing power and reshape how AI giants negotiate.
The AI startup's choice of lead underwriters signals a landmark public debut and a lucrative, prestige-heavy win for the two Wall Street giants.
The AI lab's first audited financials show booming revenue, heavy costs, and a warning list that should make investors and rivals pause.
The social giant is raising $95 billion through stock-linked deals into early 2025, and the chip trio could buy into a $35 billion offering.
The AI company has filed for an initial public offering under the ticker 'ANT,' giving public investors a new way to bet on the generative AI boom.