IBA

Foreign Secretary Ed Miliband is set to tell Labour's conference that critics of the party's approach to Gaza 'were right', in an admission that Labour was wrong on the issue. He will frame the message around change, saying the party is 'not here to accept the status quo but to change it'. The remarks mark a notable shift from a senior minister on one of the most contested foreign policy questions in British politics.

China is reportedly considering allowing ByteDance and Alibaba to purchase Nvidia's newest chips, according to Yahoo Finance. The potential approval would mark a shift in Beijing's guidance to its largest tech firms on acquiring advanced US semiconductors, and could open a significant new market for Nvidia amid ongoing US-China tensions over chip exports.

FIBA's 3x3 basketball format has completed its journey from an internal business idea to a full Olympic discipline, now featuring at the Games with its own teams, rankings and international competitions. The shorter, street-style version of the game was introduced to attract younger audiences and new markets, and its rapid institutional growth is drawing attention to how niche formats can reach the Olympic stage.

Brooklyn Sports & Entertainment has announced Alibaba Group as an official technology and cloud partner of the Brooklyn Nets. The deal makes the Chinese e-commerce giant a commercial partner of the NBA franchise, covering technology and cloud services. It highlights the growing push by Chinese technology companies to align with major American sports properties and expand their international brand reach.

British politician Ed Miliband has spoken of a 'reset' in UK policy toward Israel and declared that critics of the war in Gaza 'were right'. The remarks signal a sharper stance from senior Labour figures on Israel's conduct of the conflict. The comment drew attention amid ongoing debate inside the UK government over recognition of Palestine and arms sales to Israel.

Firefighters in Chiba, Japan, are struggling to bring a solar panel facility fire under control as flooding at the site and the risk of electrocution are slowing their response. Responders cannot safely access or douse the burning panels while water and live electrical equipment combine, prolonging the operation.

Reports say China may permit ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 chips, a possible easing of restrictions on advanced US semiconductors for major Chinese tech firms. The move would matter for AI computing capacity at two of China's largest companies and could signal a shift in US-China technology trade tensions. Details on timing and conditions of any approval remain unclear.

Alibaba is reportedly close to receiving Chinese approval to purchase Nvidia's RTX Pro 5500 chips for use in the country. The move would let the Chinese tech giant access advanced US-made graphics hardware despite ongoing export restrictions, and comes as Washington and Beijing continue to negotiate the terms of semiconductor trade. Investors are watching closely for confirmation, given the chip's relevance to AI and data-center workloads.