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EBay Turns Down GameStop’s $55.5 Billion Takeover Proposal

By Andrew Moran EBay has turned down videogame retailer GameStop’s $55.5 billion takeover proposal. The online marketplace, in a May 12 letter, called GameStop’s acquisition offer “neither credible nor attractive.” “The Board, with the support of its independent advisors, has thoroughly reviewed your proposal and has determined to reject it,” Paul Pressler, the chairman of…

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Hantavirus Symptoms Reported on Cruise Evacuation Flight

By Tom Gantert A French citizen on the MV Hondius cruise ship came down with hantavirus symptoms while flying back to France, according to French Prime Minister Sebastien Lecornu. Lecornu on Sunday posted on X that there were five French citizens on board the cruise ship hit by a hantavirus outbreak, and all five were…

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Passengers Evacuate Cruise Ship Hit by Deadly Hantavirus Outbreak

By Tom Gantert The passengers and crew aboard the MV Hondius exited the hantavirus-stricken cruise ship in the Canary Islands on May 10. The European Centre for Disease Prevention and Control (ECDC) classified all passengers and crew as high-risk contacts as they disembark and return to their home countries. U.S. citizens were among the last…

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Iran’s Oil Storage Clock Is About to Run Out

By John Haughey The “storage clock” is ticking as tankers that exported 3.2 million barrels per day (bpd) of crude oil remain bottled up in Iranian ports by the U.S. Navy. The blockade in the Gulf of Oman is a pressure-point tactic, part of a global strategy to deny Tehran $13 billion in monthly revenues…

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US Forces Prevent 70 Tankers From Entering or Leaving Iranian Ports

By Naveen Athrappully The U.S. military is currently blocking more than 70 tankers from entering or leaving Iranian ports amid the ongoing Middle Eastern conflict. “These commercial ships have the capacity to transport over 166 million barrels of Iranian oil worth an estimated $13 billion-plus,” the U.S. Central Command (CENTCOM) said in a May 8…

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OpenAI Cofounder Greg Brockman Defends Company’s For-Profit Pivot—and His Own $30 Billion Payday

By Beige Luciano-Adams In the second week of a high-profile jury trial that could have a profound impact on the race for artificial intelligence (AI), OpenAI President Greg Brockman rejected allegations that he and other cofounders betrayed the company’s philanthropic mission and illegally enriched themselves by flipping the nonprofit lab into a for-profit corporation. Tesla…

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