A rubber hose inspired this footwear brand in 2010; 16 years later, Kylian Mbappé has joined its $10B empire

SK hynix's Solidigm weighs IPO that could value unit at up to $150 billion, sources say

NEW YORK — Chipmaker SK hynix's Solidigm is considering an initial public offering (IPO) as early as next year that could value the U.S. subsidiary at up to $150 billion, according to three people familiar with the matter. Solidigm held pitch meetings this week with investment banks competing for roles on the IPO, in a process known as a "bake-off," one of the people and a fourth person said, marking a concrete step toward what could become the largest-ever U.S. semiconductor listing. The company could raise $15 billion in the IPO, the three people said, speaking on condition of anonymity to discuss confidential matters. The plans, including the size of deal and timing, remain at an early stage and could change depending on market conditions, they added. The listing would rank as one of the largest semiconductor IPOs on record and could provide a standalone valuation for a business that has become a key part of SK hynix's storage portfolio. It would also seek to tap strong investor demand for companies tied to artificial intelligence infrastructure, which has fueled gains in semicondu

Korean believed among 7 named in Cornell lawsuit alleging drugging, sexual assault

SEATTLE — A student believed to be Korean is among seven current and former Cornell University students named as defendants in a sexual assault lawsuit involving disturbing allegations that have drawn growing attention across the U.S. and within the Korean American community. A former student at the Ivy League university, identified as Jane Doe, filed the lawsuit this month in New York, alleging that she was pressured into taking a substance described as ketamine and sexually assaulted by multiple members of the Chi Phi fraternity at its house in October 2024, according to The Cornell Daily Sun. The complaint names seven students, including Winston Lee, and brings sexual assault and other claims against them. The allegations have not been proven in court, and an attorney representing one of the defendants has denied the allegations against his client. The lawsuit has drawn attention beyond the Cornell campus, with U.S. media outlets reporting on the case and Cornell’s social media accounts drawing a flood of comments about the allegations. The case has also surfaced on Korean Americ

Wall Street climbs as investors buy AI stocks; Microsoft rallies

Wall Street climbed on Friday, lifted by Microsoft and other AI-related technology stocks, while high oil prices and a recent surge in U.S. Treasury yields kept investors on edge. Gains in the S&P 500 and Nasdaq capped a volatile week driven by uncertainty about what industries will win and lose from artificial intelligence, and by concerns about the U.S. war with Iran and a surge in U.S. Treasury yields. Microsoft rallied 3.3 percent, lifting its 2026 gain to 7 percent, after the software giant unveiled several new capabilities in its Copilot app, including a coding tool and an always-on AI agent. Akamai Technologies surged 6 percent after an $11.6 billion cloud services deal with AI leader Anthropic. The deal includes a warrant that could give Anthropic up to 5 percent of Akamai. "That's a positive from the standpoint that people are still investing, deals are still being done," said Thomas Martin, senior portfolio manager at Globalt Investments in Atlanta. "It's another circular deal, so OK ... but Akamai stock is up." Chip maker Qualcomm gained 5.4 percent and Dell advanced 6.6 percen

CNN left off Air Force One for Trump's upcoming trip, White House signals in new media restriction

The White House signaled Friday night that CNN would be left off Air Force One for President Donald Trump’s Saturday trip, the latest media restriction from the administration in an ongoing dispute with First Amendment implications. The news organization was replaced by Real America’s Voice News, a conservative network, for the president's trip to Knoxville, Tennessee, according to White House guidance. Trump is scheduled to attend a college football game between the University of Tennessee and the University of Texas at midday Saturday. The news came just after journalists from CNN, along with MS NOW and Politico, which Trump banned last week from the White House grounds, returned to the executive complex with TV cameras in hand after a judge handed the organizations a reprieve. U.S. District Judge Timothy Kelly temporarily struck down the ban in an overnight ruling early Thursday, but his decision addressed “hard passes” to the White House grounds and didn’t directly address pool duties. The temporary order from the judge also said nothing directly about Air Force One. Media o

Thousands face long road to recovery month after devastating Nepal floods

KATHMANDU, Nepal — After spending five years working in Saudi Arabia, Narayan Prassan returned to his home in Nepal with savings, only to lose his house in the 2015 earthquake. He went abroad again, earned enough to rebuild his home and settled happily with his family. Last month’s floods have destroyed everything once more. With his home in a designated danger zone and no clear idea of where his family will resettle, Prassan is staying with his wife and children at a relative’s house and mulling another stint overseas. “This flood has taken everything,” he said. “I don’t know what to do.” A month after devastating floods swept through parts of Nepal, thousands are displaced like Prassan and rescuers continue searching for thousands others missing, including many believed trapped in six hydropower project tunnels. The disaster has left the government facing a long and costly recovery, with families confronting the loss of loved ones, homes and livelihoods. Prime Minister Balendra Shah used his first address to the U.N. General Assembly on Thursday to highlight the flooding

Japan organizers 'not satisfied' as empty seats blight Asian Games

NAGOYA, Japan — Asian Games organizers admitted on Saturday they were "not satisfied" with ticket sales after swathes of empty seats were seen at the main stadium and other venues in Japan. The 100m sprints are one of the highlights of any Games, but the 30,000-capacity Mizuho Park Athletic Stadium appeared to be only about one-quarter full on Friday night for the blue-riband events. Even the prospect of a women's pole vault gold for Japan's Misaki Morota could not pull in the home punters in big numbers at the start of the weekend. The Aichi-Nagoya Games said that less than 60 percent of tickets had been snapped up for eight sports, including football, with a similar amount unsold for the closing ceremony in eight days' time. "We are not satisfied," said Satoshi Murate, secretary-general of the Games organizing committee in response to a question from AFP. "We will keep aiming for full stadiums, keep selling tickets and work to make sure people who have secured seats actually come." He said more than 90 percent of tickets were sold for the opening ceremony a week ago, but blamed no-show

F1 Azerbaijan GP LIVE: Race start time with Russell on pole and Antonelli down the order

Follow live F1 updates from the Baku City Circuit as Russell starts from the front ahead of Charles Leclerc

Photos of new amputee soccer league as it kicks off in Bucharest

A new European soccer league for amputee players has kicked off in Romania’s capital. The European Amputee Football Federation inaugurated the Conference League in Bucharest. The tournament concluded on Friday with Maccabi Haifa FC of Israel winning against Scotland’s Ayr United, 4-0.

Tyson Fury vs Anthony Joshua in jeopardy amid dispute between Eddie Hearn and Dana White

Pope encourages Catholics in deeply secular France to persevere as Paris shuts down for huge Mass

Pope Leo XIV is encouraging French Catholics to persevere in their faith

Prince Harry gives rare update on Prince Archie and Princess Lilibet in school after UK return

The Duke of Sussex has issued a rare update on how Prince Archie and Princess Lilibet are settling into school after he and the Duchess of Sussex returned to the UK.

Pope Leo XIV visits France and meets migrants and margialised people

Mélina Huet is live from Paris.