Author: News Room

US President Donald Trump has said the United States would likely take over the Strait of Hormuz and should be compensated for securing the strategic waterway amid escalating tensions with Iran. Speaking in a phone interview on Fox News’ Fox & Friends on Monday, Trump said the US would assume responsibility for protecting one of the world’s most important oil shipping routes. “We’re going to keep the strait, and we’ll probably run it. We’ll become the guardian of the strait. Maybe we’ll call it the guardian angel of the strait. And we should be reimbursed for that,” Reuters quoted him…

Strategy, the largest corporate holder of Bitcoin, raised fresh capital by selling MSTR shares through its at-the-market (ATM) offering last week while leaving its BTC treasury unchanged.Strategy sold 4.8 million shares of its Class A common stock for $466.7 million between July 6 and July 12, according to a Monday 8-K filing with the US Securities and Exchange Commission. The company did not buy or sell any Bitcoin during the period and reported holdings of 843,775 BTC at an average purchase price of $75,476 per BTC. The update comes as investors continue to watch how Strategy balances equity issuance, Bitcoin accumulation and…

The Love Island USA finale had a lot going on — and still found a way to mention Taylor Swift and Travis Kelce after their wedding. During the Sunday, July 12, episode of the hit Peacock series, narrator Iain Stirling poked fun at the way Zach Georgiou uses different phrases to describe certain words in his native Britain. Iain joked that instead of “royal family,” Zach would say “Taylor Swift and Travis Kelce.” The couple’s romance started in 2023 when he made a move during one of her Eras Tour shows. Two months later, Swift, 36, took fans by surprise…

Former Vice President and presidential candidate of the African Democratic Congress, Atiku Abubakar, has criticised the President Bola Tinubu-led government over its decision to suspend the proposed increase in registration fees for the West African Senior School Certificate Examination and the National Examinations Council Senior School Certificate Examination, saying the reversal exposed what he described as a pattern of poor policy formulation. Reacting to the Federal Government’s decision to halt the planned fee increase after widespread public criticism, Atiku welcomed the suspension but argued that the policy should never have been introduced without adequate consultation. In a statement issued on…

The United Kingdom could add as much as 33 billion British pounds ($44 billion) to its annual economic output by 2035 by becoming a leader in tokenized financial markets, according to a government-backed industry task force. The estimate appears in the first report from Wholesale Digital Markets Champion Chris Woolard, who was appointed by HM Treasury to help implement the government’s digital markets strategy. Developed with an industry task force, the report sets out a 12-month plan to test blockchain in a financial transaction where securities are used to borrow cash. It also calls for the UK to issue its first tokenized…

Comedian Margaret Cho addressed the death of Senator Lindsey Graham via a critical social media post. “Bye Lindsey, bye Lindsey Graham. From the closet to the coffin, real seamless. Real seamless,” the lifelong democrat, 57, said in a TikTok shared on Sunday, July 12, after news of the South Carolina senator’s death broke earlier that day. (The sexuality of the former politician was the subject of widespread speculation over the years.) Cho’s post, which was captioned, “Bye gurl,” also directed commentary towards the health of fellow Senator Mitch McConnell, who has been hospitalized since June 14 after he was found…

The African Democratic Congress (ADC) governorship candidate in Lagos State, Gbadebo Rhodes-Vivour, has lost his mother, Nkechi Rhodes-Vivour (née Waboso). Mr Rhodes-Vivour, who is seeking to become Lagos governor in the 2027 election after securing the ADC ticket, shared the announcement in a post on his X account on Monday. He previously contested the 2023 governorship election on the Labour Party platform. “With sadness in our hearts and gratitude to God for a life well spent, we announce the call to glory of Nkechi Stella Rhodes-Vivour (née Waboso),” read the announcement signed by Olawale Rhodes-Vivour on behalf of the family…

Former Labour Party presidential candidate Peter Obi has welcomed the Federal Government’s decision to suspend the proposed review of registration fees for the 2027 West African Senior School Certificate Examination and the National Examinations Council Senior School Certificate Examination. He described it as “a victory for the Nigerian people.” FG on Monday suspended the proposed review of registration fees for the 2027 WASSCE and NECO SSCE, withdrawing its June 18, 2026 letter on the planned adjustment to allow for broader consultations with stakeholders. The ministry said the proposal was informed by rising operational costs but was put on hold following…

Waze is getting an AI makeover. Google is integrating its flagship AI assistant, Gemini, into the driving app with the goal of letting users personalize their trips a little more.Of the four new updates, only two are being described as involving Gemini. Waze says its updating its conversation reporting feature, first introduced in 2024, to allow drivers to use conversational voice commands to report traffic incidents and suggest map updates, like a road closure or outdated house number. In addition, Waze introduced Destination Search, enabling drivers to use (again) use conversation voice commands (e.g., “Find me a coffee shop that’s…

Binance’s futures market volume is hitting a new 2026 high even as cryptocurrency spot trading remains stuck at its weakest levels in two years.Binance, the world’s largest centralized exchange (CEX) by trading volume, recorded $1.6 trillion in futures trading volume in June, its highest level of 2026, according to CryptoQuant analyst Maarten Regterschot, who posts under the moniker “Maartuun.”“That might seem unexpected,” Maartunn wrote in a post on Friday, noting that Bitcoin remains in the mid-$60,000 range as many cautious traders continue to describe the market as bearish.The surge marks a sharp turnaround for Binance’s futures market after months of…