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America One News
15 Apr 2025
#society
Le Monde: Trump administration freezes $2.2 billion funding for Harvard after university rejects demands
Harvard University faces a $2.2 billion freeze in federal funding after rejecting demands from the White House aimed at addressing campus anti-Semitism. The university's president, Alan Garber, stated that Harvard will not compromise its independence or constitutional rights.
The government's actions follow a broader investigation into anti-Semitic harassment at 60 colleges and universities. Critics, including Republican lawmakers, argue that elite institutions must take accountability for civil rights and anti-Semitism if they wish to continue receiving taxpayer support.
Times Of Israel: Harvey Weinstein New York retrial for sex crimes to begin
Harvey Weinstein's retrial begins Tuesday on rape and sexual assault charges after his previous conviction was overturned. The New York Court of Appeals ruled that witness handling in the original trial was unlawful, prompting a new jury selection process.
Weinstein faces allegations from survivors who previously testified against him, including Mimi Haleyi and Jessica Mann. His lawyer suggests the public sentiment has shifted since the original trial, which may influence the jury's perspective.
#foreignaffairs
Le Monde: How Israel is seizing large parts of Gaza and reshaping the Palestinian territory
Rafah, previously home to 150,000-200,000 Palestinians, is set to become a buffer zone by the Israeli army, significantly altering Gaza's landscape. This new zone will cover 75 square kilometers, isolating areas and extending the buffer zone from 300 meters to up to 1,500 meters.
Israeli forces have taken control of key corridors, further isolating Gaza City and clearing areas of all structures and people. A report indicates a systematic approach to destruction within these perimeters, raising concerns that Rafah may face similar devastation.
#economy
Forbes: Hyundai Shifts Gears In India With EV Drive
Euisun Chung's Hyundai Motor Group raised $3.3 billion through the listing of its Indian unit, Hyundai Motor India, in October, marking India's largest IPO. Despite contributing 15% to global sales, shares have fallen 13% since the listing, with a decline in sales and profits reported.
To counteract this downturn, Hyundai India is focusing on electric vehicles, launching the Ioniq 5 and planning more models by 2030. Meanwhile, South Korea's emergency measures may bolster Hyundai's home market against U.S. tariffs, increasing financial support and extending EV subsidies.
Forbes: Creator Of Blockbuster Game ‘Goddess Of Victory: Nikke’ Joins Ranks Of Korea’s 50 Richest
Kim Hyung-tae, founder of online games developer Shift Up, became a billionaire following the company's $320 million IPO in July 2024. Despite a decline in share value, his net worth remains $725 million, placing him among Korea's wealthiest.
Shift Up, known for hits like Goddess of Victory: Nikke and Stellar Blade, saw significant revenue growth in 2024. The company is set to release a Chinese version of its popular game, which has already attracted 5 million preregistrations.
#history
GB News: Archaeology breakthrough as hundreds of 1,000-year-old skeletons discovered under UK university campus
Excavations at the former Debenhams store in Gloucester have uncovered a medieval church and hundreds of burials, revealing a history spanning over a millennium. The site, now being transformed into the University of Gloucestershire's City Campus, contained 317 skeletons and 83 brick-lined burial vaults.
The findings, including evidence of Roman activity, will aid in understanding the health of Gloucester's population through time. Archaeologists plan to analyze the remains to gain insights into historical health patterns, such as the effects of dietary changes in the 16th century.
#technology
Forbes: South Korea’s AI Chip Champion Is Poised To Carve Out Global Niche
Rebellions, a South Korean AI chip startup, has merged with SK Telecom's Sapeon to create the nation's first AI chip unicorn, valued at approximately $1 billion. This merger aims to consolidate resources and talent to compete against global leaders like Nvidia in the rapidly growing AI chip market.
The company plans to launch its energy-efficient Rebel chip in early 2026, boasting significant power savings and memory capacity advantages over Nvidia's offerings. Rebellions is also expanding its market reach, securing deals with international clients, including Saudi Aramco, and considering an IPO in the near future.