Archive

2025

Browsing

China is reportedly building a series of ‘D-Day style’ barges that could be used to aid an invasion of Taiwan, according to media reports. 

At least three of the new craft have been observed at Guangzhou Shipyard in southern China, according to Naval News.

The barges are inspired by the World War II ‘Mulberry harbours,’ which were portable harbors built for the Allied campaign in Normandy, France, in 1944, The Telegraph reported.

Tensions between China and Taiwan, a key U.S. partner in the Indo-Pacific region, have remained heightened over Beijing’s refusal to recognize the independence of the island nation. 

In its report last week, Naval News said at least three but likely five or more barges were seen in China’s Guangzhou Shipyard. The barges, at over 390 feet, can be used to reach a coastal road or hard surface beyond a beach, the report said. 

In his New Year’s message, Chinese leader Xi Jinping said ‘reunification’ with Taiwan is inevitable.

‘The people on both sides of the Taiwan Strait are one family. No one can sever our family bonds, and no one can stop the historical trend of national reunification,’ he said on CCTV, China’s state broadcaster.

Using barges, Chinese forces could land in areas previously considered unsuitable, including rocky or soft terrain, and beaches where tanks and other heavy equipment can be delivered to firmer ground or a coastal road, the report said. 

‘Any invasion of Taiwan from the mainland would require a large number of ships to transport personnel and equipment across the strait quickly, particularly land assets like armored vehicles,’ Emma Salisbury, a sea power research fellow at the Council on Geostrategy, told Naval News. ‘As preparation for an invasion, or at least to give China the option as leverage, I would expect to see a build-up of construction of ships that could accomplish this transportation.’

Fox News Digital has reached out to the Department of Defense, the Chinese Embassy in Washington, D.C., and the Taipei Economic and Cultural Representative Office, also in Washington.

This post appeared first on FOX NEWS

In a major reversal, some U.S. intelligence agencies are now saying a foreign adversary could be behind the mysterious ‘Havana Syndrome’ brain injuries reported by U.S. diplomats and government workers overseas. While the overall assessment from the intelligence community remains, it is ‘very unlikely’ Havana Syndrome could be caused by a foreign actor, two out of seven U.S. intelligence agencies now say it is possible a foreign adversary could have developed a weapon that could cause such brain injuries.

Adam, a former government employee whose identity Fox News agreed to protect, considered to be ‘Patient Zero,’ was first attacked in December 2016 while living in Havana on assignment. Adam experienced multiple attacks and described pressure to the brain that led to vertigo, tinnitus and cognitive impairment.

Adam and other victims have been pressing the U.S. government to find a culprit. He said he is starting to feel hopeful now that two of the seven U.S. intelligence agencies acknowledge a foreign adversary, he says likely Russia, has developed a weapon that could be responsible for the kind of neurological injuries reported by those suffering from Havana Syndrome.

‘This has been an eight-year fight. I don’t know if I would say I feel vindicated yet. We will get there. The truth will come out. And when that’s fully exposed, I think that’s when I will say that I’m vindicated… I’m hoping the new administration can pay that debt and we can hold those responsible that have covered this up and partaken in some egregious behavior, frankly, because we all deserve better. The American people deserve better than to be lied to like this,’ Adam told Fox News.

Adam was one of six Havana Syndrome victims to attend a meeting in the White House situation room on November 18th, 2024. The meeting was designed to provide the incoming administration with a roadmap on Havana Syndrome, also called Anomalous Health Incidents (AHI’s). The three-hour meeting was chaired by NSC Coordinator for Intelligence and Defense Policy Mahar Bitar. The victims say they received a moving apology from the NSC staff on how they were treated by the U.S. Government.

The NSC released a statement following the updated assessment from the intelligence community:

‘Today’s updated Intelligence Community Assessment, which is the product of ongoing analytic efforts and includes a shift in key judgements by some intelligence components, only reinforces why it is vital that the U.S. Government continue critical research, investigate credible incidents, and strengthen efforts to provide timely care and long-term clinical follow-up,’ the statement read.

The NSC will brief the incoming Trump administration on the ‘full scope of ongoing work that should continue,’ the statement continued to say.

Adam said it has long been obvious to the victims that a foreign adversary could be behind the suspected directed energy attacks.  

‘Here’s the piece that, you know, astounds me. Can the CIA not Google? Because if anyone could sit and Google China, neuro-strike weapons, Russia, super weapons, they have been very public in the press that they have directed energy weapons programs that do exactly what they did to us and that they plan on deploying them in conventional warfare,’ Adam said.

The Office of the Director of National Intelligence (ODNI) released the report and held a background call with reporters on Friday.

The new assessment from the intelligence community said, ‘New reporting led two components to shift their assessments about whether a foreign actor has a capability that could cause biological effects consistent with some of the symptoms reported as possible AHIs. This shift consequently led two IC components to subtly change their overall judgment about whether a foreign actor might have played a role in a small number of events.’

The ODNI official explained the change in assessment of the two intelligence agencies.

‘They judge there is a roughly even chance a foreign actor has developed a novel weapon or prototype device that could have harmed a small, undetermined subset of the U.S. personnel or dependents who reported medical symptoms or sensory phenomena as AHIs,’ the official said.

For both of these components. They have a low confidence in their judgments,’ the official continued to say.

 The Republican-led CIA Subcommittee Chairman Rick Crawford (R-Ark.) released an interim report on the committee’s separate investigation into Havana Syndrome. The report concluded that it is ‘increasingly likely’ that a foreign adversary is responsible for ‘some portion’ of the incidents.

The subcommittee accused the intelligence community of withholding valuable information from them in the interim report.

‘The IC’s inconsistent approach has had detrimental effects on IC personnel, trust in the IC by policymakers, the understanding of the American public, and perceptions of the IC by both foreign allies and adversaries,’ the report said.

Crawford vowed to work with the incoming Trump administration to get answers for affected federal employees and the public.

Attorney Mark Zaid who represents some of the victims said the new assessment indicates, ‘evidence has only moved closer to the Intelligence Community acknowledging the involvement of a foreign adversary, not away.’

Adam hopes the Trump administration will keep pressing for answers on Havana Syndrome and what caused hundreds of workers brain injuries.  

‘Now there is also new information that’s in play, and it’s so irrefutable that even they can’t stand by and watch this cover-up continue… we’re hoping that we’re going to have a more amenable administration that cares about its workforce and cares about the truth,’ Adam said.

This post appeared first on FOX NEWS

Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers.

The deal represents a reversal from previous plans to build an arena in the Center City district of Philadelphia.

Harris Blitzer and Comcast Spectacor have entered into a binding agreement for a 50-50 stake in the project at South Philadelphia’s Sports Complex, which is slated to open in 2031. It will include the revitalization of Market East in Center City, the original proposed location for an arena. In December, the Philadelphia 76ers received approval to build a $1.3 billion arena downtown after more than two years of contentious negotiations.

The deal announced Monday will give Comcast a minority stake in the 76ers and naming rights to the arena. The Philadelphia-based company will also join HBSE’s bid to bring a WNBA team to the Liberty City.

Comcast Spectacor is already majority owner of the Philadelphia Flyers.

“From the start, we envisioned a project that would be transformative for our city and deliver the type of experience our fans deserve,” said HBSE’s Josh Harris, David Blitzer and David Adelman in a statement. “By coming together with [Comcast CEO Brian Roberts] and Comcast, this partnership ensures Philadelphia will have two developments instead of one, creating more jobs and real, sustainable economic opportunity.”

In committing to both investments, the companies say they will create thousands of jobs and generate billions of dollars in economic activity for the region.

“This has the potential to benefit our city for generations to come,” said Philadelphia Mayor Cherelle Parker during a news conference Monday.

Disclosure: Comcast is the parent company of CNBC.

This post appeared first on NBC NEWS

Special Counsel David Weiss’ final report on his years-long investigation into Hunter Biden determined the first son’s drug abuse could not explain away not paying taxes on millions of dollars of income earned off of his ‘last name and connections.’ 

‘As a well-educated lawyer and businessman, Mr. Biden consciously and willfully chose not to pay at least $1.4 million in taxes over a four-year period. From 2016 to 2020, Mr. Biden received more than $7 million in total gross income, including approximately $1.5 million in 2016, $2.3 million in 2017, $2.1 million in 2018, $1 million in 2019 and $188,000 from January through October 15, 2020,’ Weiss wrote in his final report, which was released Monday. 

‘Mr. Biden made this money by using his last name and connections to secure lucrative business opportunities, such as a board seat at a Ukrainian industrial conglomerate, Burisma Holdings Limited, and a joint venture with individuals associated with a Chinese energy conglomerate. He negotiated and executed contracts and agreements that paid him millions of dollars for limited work,’ Weiss continued. 

Hunter Biden, 54, had a busy year in court last year, when he was convicted of two separate federal cases prosecuted by Weiss. He kicked off his first trial in Delaware in June, when he faced three felony firearm offenses involving his drug use, before pleading guilty in a separate felony tax case in September. 

Hunter Biden’s September trial revolved around charges of three felony tax offenses and six misdemeanor tax offenses regarding the failure to pay at least $1.4 million in taxes. As jury selection was about to kick off in Los Angeles federal court for the case, however, Hunter Biden entered a surprise guilty plea. 

Weiss continued in his report that Hunter Biden ‘spent millions of dollars on an extravagant lifestyle rather than paying his tax bills,’ and that he ‘willfully failed to pay his 2016, 2017, 2018, and 2019 taxes on time, despite having access to funds to pay some or all of these taxes.’ 

Weiss added that the first son’s previous drug abuse could not explain his failure to pay the taxes. 

‘These are not ‘inconsequential’ or ‘technical’ tax code violations,’ Weiss wrote. ‘Nor can Mr. Biden’s conduct be explained away by his drug use-most glaringly, Mr. Biden filed his false 2018 return, in which he deliberately underreported his income to lower his tax liability, in February 2020, approximately eight months after he had regained his sobriety. Therefore, the prosecution of Mr. Biden was warranted given the nature and seriousness of his tax crimes.’

Hunter has a well-documented history of drug abuse, which was most notably documented in his 2021 memoir, ‘Beautiful Things.’ The book walked readers through his previous addiction to crack cocaine, before getting sober in 2019. The memoir featured extensively in his separate firearms case in June, when a jury found him guilty of three felony charges related to his purchase of a gun while addicted to substances. 

‘The evidence demonstrated that as Mr. Biden held high-paying positions earning him millions of dollars, he chose to keep funding his extravagant lifestyle instead of paying his taxes. He then chose to lie to his accountants in claiming false business deductions when, in fact, he knew they were personal expenses. He did this on his own, and his tax return preparers relied on him, because, among other reasons, only he understood the true nature of his deductions and he failed to give them records that might have revealed that the deductions were bogus,’ Weiss continued. 

The tax case charges carried up to 17 years behind bars, but the first son would likely have faced a much shorter sentence under federal sentencing guidelines. His sentencing was scheduled for Dec. 16, but he was pardoned by his father, President Biden, earlier that month. 

Hunter Biden’s blanket pardon encompassed a decade-period applying to any offenses he ‘has committed or may have committed’ on a federal level. 

Weiss’ report also took issue with the president’s pardoning of Hunter Biden, specifically with how President Biden characterized prosecutions of Hunter Biden as ‘selective’ and ‘unfair.’

‘This statement is gratuitous and wrong,’ Weiss wrote in his report. ‘Other presidents have pardoned family members, but in doing so, none have taken the occasion as an opportunity to malign the public servants at the Department of Justice based solely on false accusations.’ 

‘Politicians who attack the decisions of career prosecutors as politically motivated when they disagree with the outcome of a case undermine the public’s confidence in our criminal justice system,’ Weiss wrote in another section of the report. ‘The President’s statements unfairly impugn the integrity not only of Department of Justice personnel, but all of the public servants making these difficult decisions in good faith.’ 

The DOJ sent Weiss’ report to Congress Monday evening, officially bringing the years-long investigation into the first son to a close. 

Fox News Digital’s Brooke Singman contributed to this report. 

This post appeared first on FOX NEWS

In this exclusive StockCharts video, Julius takes a look at asset class rotation on Relative Rotation Graphs. He then addresses the 6 sectors that are NOT in the “best five sectors” for this week. To conclude, he dives into the Technology sector to find some of the best performing (relative) stocks.

This video was originally published on January 13, 2025. Click on the icon above to view on our dedicated page for Julius.

Past videos from Julius can be found here.

#StayAlert, -Julius

In this video, Tony starts the week with a very different tone as he looks at how markets are currently playing out. He then shares individual trade ideas, pointing out which ones they continue to have a bullish or bearish outlooks on. He looks at some key stocks including META, NVDA, AAPL, and more. This segment is meant to be the foundation of all of the trade ideas that OptionsPlay sends to members throughout the week.

This video premiered on January 13, 2025.

Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017.

IAC said it expects the transaction to close in the second quarter of the year. The two companies will post their respective fourth-quarter results when IAC reports on Feb. 11. Angi was founded in 1995 as Angie’s List, which went public on the Nasdaq in 2011.

As part of the spinoff, IAC CEO Joey Levin will leave his role and become an advisor to the company. Levin will also take on a new role as Angi’s executive chairman, serving as the marketplace’s senior executive alongside CEO Jeff Kip, IAC said.

“Joey Levin has been an exemplary leader of IAC, creating significant value during his nearly decade-long tenure as IAC CEO,” Diller, IAC’s chairman, said in a statement.

Upon Levin’s vacancy, IAC will operate without a new CEO, the company said. IAC’s top execs will report directly to Diller, as will publisher Dotdash Meredith, the company’s largest business. The rest of IAC’s units will report to operating chief Christopher Halpin.

IAC has previously used no-CEO structures when reorganizing its businesses. Most recently, in 2013, then-CEO Greg Blatt stepped down from the role to become chairman of the newly formed Match Group division.

“Each of IAC and Angi has a vigorous future, and I expect to remain an active participant in both,” Levin said in a statement.

As part of the spinoff, IAC shareholders will get direct ownership of Angi, IAC said.

IAC first announced it was considering a spinoff of Angi in November. At the time, the company said Angi’s revenue declined 16% year over year to $296.7 million during the third quarter. The company attributed the slide to reduced sales and marketing spend, which led to a decrease in service requests and lower acquisition of new professionals.

IAC acquired Angie’s List in a deal valued at more than $500 million. It merged the site with HomeAdvisor, creating a new public company. Angi currently has a market cap of about $770 million, and IAC owns 85% of it.

The spinoff has been under consideration for several years, but IAC postponed the effort in 2019 as it completed the Match Group transaction. Match owns dating services including Tinder, Match and Hinge.

IAC has become known for incubating businesses and spinning them off into separate companies. It’s done the same with Expedia, Ticketmaster and LendingTree, among others.

This post appeared first on NBC NEWS

Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday.

The new group will be led by Jay Parikh, the former CEO of cybersecurity startup Lacework and former global head of engineering at Meta. The group will be called Core AI — Platform and Tools, Microsoft CEO Satya Nadella said in a memo to employees that was also published as a blog post. The mission, he said, is “to build the end-to-end Copilot & AI stack for both our first-party and third-party customers to build and run AI apps and agents.”

The announcement comes 10 months after Microsoft hired DeepMind co-founder Mustafa Suleyman to lead Copilot AI initiatives. In that role, Suleyman is an executive vice president, reporting directly to Nadella.

In Monday’s post, Nadella said Parikh will work closely with Suleyman as well as Scott Guthrie, who runs cloud, technology chief Kevin Scott and other top tech leaders at the company. Parikh joined Microsoft in October as an executive vice president, also reporting to the CEO.

Artificial intelligence has become the primary theme in tech since OpenAI’s launch of ChatGPT in late 2022, and Microsoft, as the principal investor in OpenAI, has been at the center of the boom. Microsoft counts on OpenAI’s large language models for internal AI use when it comes to areas like content generation and code creation and also serves as the startup’s main cloud partner.

At the same time, Microsoft is developing products and tools that compete with some OpenAI services. Over the summer, Microsoft added OpenAI to its list of competitors in its SEC filings, and Nadella used the phrase “cooperation tension” while discussing the relationship with investors Brad Gerstner and Bill Gurley on a podcast released last month.

“Ultimately, we must remember that our internal organizational boundaries are meaningless to both our customers and to our competitors,” Nadella wrote in Monday’s memo.

The new group will bring together people working on developer and AI platforms, as well as teams from the Office of the CTO, Nadella said.

“Our success in this next phase will be determined by having the best AI platform, tools, and infrastructure,” he wrote.

Parikh joined Microsoft from Lacework, which had been a rapid growing and high-profile startup, soaring to a valuation of $8.3 billion in 2022, seven years after its founding. However, the company’s fortunes turned when the market shifted away from risk, and Lacework was forced to dramatically cut staff to try and turn profitable. In August, security software vendor Fortinet closed its acquisition of Lacework for $149 million.

— CNBC’s Jordan Novet contributed to this report.

This post appeared first on NBC NEWS

FORT LAUDERDALE, Fla. – Lionel Messi walked onto Inter Miami’s practice fields, surprisingly wearing a beanie hat on a 70-degree morning, for his second practice of the year under new coach Javier Mascherano on Monday.

Roughly an hour later, new U.S. men’s national team coach Mauricio Pochettino led a group of Major League Soccer players convened for the club’s first match of the year on a nearby field.

Both clubs have converged at Inter Miami’s complex to begin the new year with new coaches hoping to make their own impressions, while trying to fill lofty aspirations.

The USMNT continues its quest to prepare for the 2026 World Cup Saturday against Venezuela at Inter Miami’s Chase Stadium at 3 p.m. ET, then against Costa Rica in Orlando on Jan. 22.

Messi and Inter Miami will begin their preseason tour and a busy 2025 against LIGA MX champions Club America at Allegiant Stadium in Las Vegas on Saturday night at 10 p.m. ET.

“My first impressions were this is going to be difficult. It’s like hard work. It’s very good. It’s challenging. And I feel like he’s creating an environment that tests you, that challenges you. And we’ve been enjoying it,” said Inter Miami goalie Drake Callender, who is training with the national team this week.  

“I feel like I’m growing as a goalkeeper and also as a player. I think that’s super important to put players in a position to excel, but also situations where they have to grow and develop.”

Inter Miami’s Benjamin Cremaschi, called up by the national team after playing at the Paris Olympics, expects Pochettino to get into more detail with his game plan and tactics this week.

The new USMNT coach is 3-1 so far: They won 2-0 against Panama on Oct. 12, but lost 2-0 to Mexico on Oct. 15, and beat Jamaica 5-2 on aggregate in two Concacaf Nations League games in November.

Along with their World Cup preparation, the USMNT will compete with Canada, Mexico and Panama at the Concacaf Nations League finals in March and in the Concacaf Gold Cup later this summer.

“I like the way he works, and what he’s been doing with the national team lately,” Cremaschi said. “I think it’s very good for this country, and this team the way he approaches the game.”

Mascherano, on the other hand, doesn’t have to spend much time getting to know his star players. He’s reunited with his former Barcelona teammates Messi, Luis Suarez, Sergio Busquets and Jordi Alba with Inter Miami after replacing Tata Martino last month.

Mascherano does, however, need to carve out some time to find a place to live. The first-time MLS coach has been couped up in a hotel when he’s not at Inter Miami’s facility, trying to finetune an ever-changing roster that has seen players from last season’s Supporters’ Shield title run depart in the short offseason.

“I don’t have too much time to think. I want to work on the team and the squad. I spent a lot of hours with the club trying to fix problems we had in the last month,” Mascherano said.

“I think in the next two or three weeks, I’ll sit down, try to find a house. I’ve been living in the hotel and don’t have time looking for houses.”

Inter Miami – eliminated by Atlanta United in the first round of the MLS Cup playoffs – will participate in the Concacaf Champions Cup, the Club World Cup and the Leagues Cup tournament during the MLS season this year.

To prepare, the club is embarking on a five-match preseason with trips to three different countries to also promote the Inter Miami brand behind Messi’s presence.

Mascherano said he was pleased with how Messi and his players returned from the holidays for the start of their year.

Inter Miami will also play preseason games in Peru on Jan. 29, in Panana on Feb. 2, in Honduras on Feb. 8, and in Tampa, Florida on Feb. 14.

“Obviously we have several preseason games that will allow us to compete, but we will see how many minutes we can get according to how they feel,” Mascherano said.

This post appeared first on USA TODAY

While participating in the 2025 Australian Open, Japanese-American star Naomi Osaka was as far away as she could be from the fires devastating Los Angeles. However, Osaka does live in L.A, and as the fire raged nearer and nearer to her house, she needed help gathering some of her prized possessions. Osaka called someone near her home to grab her 1.5-year-old daughter’s birth certificate.

According to reports, the inferno was just three blocks away from her residence. Although Osaka’s daughter, Shai, was safe and sound, traveling on tour with her mother, Osaka believed it would be in her best interest to keep the child’s birth certificate in a safe place.

‘I think the biggest thing that I am grateful for is that everyone in my family is safe,’ said Osaka Monday during a post-match press conference. Osaka defeated French player Caroline Garcia in three sets on Monday, and offered full support to the Los Angeles area after her match, donning a Dodgers hat with a red heart stitched on it as well as a Lakers jersey to the press conference.

‘Sending all my love to L.A. We hear about fires, but I didn’t know how devastating it could be,’ Osaka said. ‘I hope everyone’s doing well.’

Tennis stars offer their support for Los Angeles

Yes. Most notably, American star Coco Gauff and Croatian player Donna Vekic have written inspirational words on courtside cameras after their matches.

When does Osaka play next?

Osaka is set for her second-round matchup Tuesday January 14, against the world’s No. 20 ranked player, Czechia’s Karolina Muchova.

This post appeared first on USA TODAY