South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
South Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s biggest ever stock sales.
The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Street’s tech-heavy Nasdaq index later in the day.
SK hynix, a supplier of advanced memory chips to industry behemoth Nvidia, has seen profits skyrocket thanks to the global race to build artificial intelligence datacentres.
Oasis reunion helps draw record 25m ‘music tourists’ to UK concerts
Big name artists including Oasis with their highly anticipated reunion tour, Coldplay and Beyoncé helped to attract a record number of fans to travel to watch live music last year, helped by a surge in overseas visitors at UK gigs.
A report from the industry body UK Music estimated that 24.7 million “music tourists” attended concerts and festivals last year, up 4.8% on 2024, leading to an unprecedented £11.2bn of spending across the UK economy.
Bayeux Tapestry delivered to British Museum in dead of night
Bayeux Tapestry arrives in UK for first time in 900 years under police guard
Watch: 1,000 year-old Bayeux Tapestry arrives at British Museum
By
Culture and Media EditorReporting fromThe British Museum
The Bayeux Tapestry has arrived in the UK, for the first time since it is believed to have been created here nearly 1,000 years ago.
At 02:50 BST, chaperoned from a secret location in northern France by a police guard, it was driven into a loading bay at the British Museum, which will put it on display in September.
Venezuela’s turn to Israel is about survival, not conviction
Six months after United States forces ousted Venezuelan leader Nicolas Maduro, the balance of power in Latin America and the Caribbean has shifted in Washington’s favour. In Maduro’s place stands Delcy Rodriguez, his former vice president, now acting president and a far more manageable partner for Washington. Her rise has given the administration of US President Donald Trump a de facto ally in its effort to revive US dominance over the Western Hemisphere under what has become known as the “Donroe Doctrine”.
After Apple, India’s smartphone manufacturing boom enters new phase with Vivo JV
India on Thursday approved a manufacturing joint venture between China’s Vivo and local manufacturer Dixon Technologies, a move that could mark the next phase of the country’s smartphone manufacturing boom after Apple helped turn India into a global smartphone production hub.
The approval allows Vivo to proceed with a long-delayed manufacturing partnership first announced in December 2024, after New Delhi cleared the investment under investment rules introduced in 2020 that require extra government scrutiny of investment from countries sharing a land border with India — a category that includes China. The joint venture will acquire certain manufacturing assets from Vivo, manufacture part of the company’s smartphone orders in India, and can also produce electronic products for other brands, according to a stock exchange filing by Noida-based Dixon.
Norway change World Cup team hotel in Miami days before England showdown
The team spent just one night at their hotel before deciding to leave due to excessive construction noise.
Norway’s preparations for their World Cup showdown against England in Miami involved an unexpected hotel change after the team found their accommodation unsatisfactory, according to media reports.
The Scandinavian side stunned Brazil 2-1 last week to claim a spot in the quarterfinals, while Harry Kane’s side inflicted a rare 3-2 defeat on Mexico to set up the showdown on Saturday at Miami Stadium.
Nations Championship: Adam Beard hopes Wales recreate winning feeling in Argentina
Beard aims to repeat Wales success in Argentina
Image source, Huw Evans Picture Agency
Adam Beard has played in two World Cups
ByGareth Griffiths
BBC Sport Wales
Wales lock Adam Beard is a man who has been to Argentina before and won.
Indeed, he is a player who has been to San Juan before and triumphed - starting in Wales' 23-10 win against the Pumas eight years ago.
Which records has Kylian Mbappe broken at the World Cup?
From individual milestones to national numbers, several records have tumbled in Mbappe’s historic World Cup run.
Kylian Mbappe has carried on his merry scoring way in the World Cup, netting a goal for France in their deserved quarterfinal 2-0 win against Morocco in Boston.
The French captain failed to convert a penalty early in the game, but his second-half strike tied him with Lionel Messi for the most non-penalty goals at the tournament.
Sam Altman said everyone at Sun Valley wants to know how to make AI cheaper
Kevin Dietsch/Getty Images
OpenAI CEO Sam Altman said one topic was front and center at the billionaires' summer camp in Sun Valley: AI spend.
Deadly H5 bird flu found in local Australian seabird for first time
The first case of deadly H5 bird flu in local wildlife has been recorded in a bird found on the South Australian coast, with experts saying the discovery is an escalation of the disease’s arrival in the country.
Separately, tests on a young fur seal found on the New South Wales Central Coast returned a negative result for H5 bird flu on Friday night. The animal was found at Blue Bay and died on Thursday with tests undertaken as a precaution, the NSW government said on Friday