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Apple Supplier Lens Tech Said to Price $607 Million Hong Kong Listing at Top of Range

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Apple Inc. supplier Lens Technology Co. has raised HK$4.8 billion ($607 million) after pricing its Hong Kong listing at the top of the marketed range, according to people familiar with the matter.



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WHO Director-General’s remarks at the XVII BRICS Leaders’ Summit, session on Strengthening Multilateralism, Economic-Financial Affairs, and Artificial Intelligence – 6 July 2025

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Your Excellency President Lula da Silva,

Excellencies, Heads of State, Heads of Government,

Heads of delegation,

Dear colleagues and friends,

Thank you, President Lula, and Brazil’s BRICS Presidency for your commitment to equity, solidarity, and multilateralism.

My intervention will focus on three key issues: challenges to multilateralism, cuts to Official Development Assistance, and the role of AI and other digital tools.

First, we are facing significant challenges to multilateralism.

However, there was good news at the World Health Assembly in May.

WHO’s Member States demonstrated their commitment to international solidarity through the adoption of the Pandemic Agreement. South Africa co-chaired the negotiations, and I would like to thank South Africa.

It is time to finalize the next steps.

We ask the BRICS to complete the annex on Pathogen Access and Benefit Sharing so that the Agreement is ready for ratification at next year’s World Health Assembly. Brazil is co-chairing the committee, and I thank Brazil for their leadership.

Second, are cuts to Official Development Assistance.

Compounding the chronic domestic underinvestment and aid dependency in developing countries, drastic cuts to foreign aid have disrupted health services, costing lives and pushing millions into poverty.

The recent Financing for Development conference in Sevilla made progress in key areas, particularly in addressing the debt trap that prevents vital investments in health and education.

Going forward, it is critical for countries to mobilize domestic resources and foster self-reliance to support primary healthcare as the foundation of universal health coverage.

Because health is not a cost to contain, it’s an investment in people and prosperity.

Third, is AI and other digital tools.

Planning for the future of health requires us to embrace a digital future, including the use of artificial intelligence. The future of health is digital.

AI has the potential to predict disease outbreaks, improve diagnosis, expand access, and enable local production.

AI can serve as a powerful tool for equity.

However, it is crucial to ensure that AI is used safely, ethically, and equitably.

We encourage governments, especially BRICS, to invest in AI and digital health, including governance and national digital public infrastructure, to modernize health systems while addressing ethical, safety, and equity issues.

WHO will be by your side every step of the way, providing guidance, norms, and standards.

Excellencies, only by working together through multilateralism can we build a healthier, safer, and fairer world for all.

Thank you. Obrigado.



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Tesla shares dive as investors fear new Elon Musk political party will damage brand | Tesla

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Shares in Tesla are heading for a sharp fall in the US as investors fear Elon Musk’s launch of a new political party will present further problems for the electric carmaker.

Tesla stock was down more than 7% in pre-market trading on Monday, threatening to wipe approximately $70bn (£51bn) off the company’s value when Wall Street opens.

If the shares fell by that much, the value of Musk’s stock would fall by more than $9bn to about $120bn. The Tesla and Space X boss remains comfortably the world’s richest person, with a wealth of about $400bn, according to Forbes.

Tesla is valued at just under $1tn but its shares have come under pressure owing to the Tesla CEO’s relationship with Donald Trump.

First, Musk’s strong support for the US president created a consumer backlash and now the antagonistic turn in his relationship with Trump has investors worried Musk will be distracted from his day job, or that the White House will punish his businesses.

Dan Ives, analyst at Wedbush Securities, said Musk’s announcement that he is bankrolling a US political party will alarm investors.

“Very simply, Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period for the Tesla story,” Ives said, adding that there was a “broader sense of exhaustion” among Tesla investors that Musk – the company’s largest shareholder – will not stay out of politics.

Trump on Sunday called Musk’s plans to form the America party “ridiculous”, launching new barbs at the world’s richest person.

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In a post on the Truth Social tech platform, Trump wrote: “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks.”

Musk announced the creation of the America party on his X platform at the weekend. He wrote: “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America party is formed to give you back your freedom.”



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The voices of artificial intelligence (AI) are filling the world. If you ask a question, the answer ..

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The voices of artificial intelligence (AI) are filling the world. If you ask a question, the answer will be immediately answered, and complex writings will be written in an instant. Even ‘writing’ is no longer a unique human domain. Some say that ’emotion’ is unique to humans, but is it. Some psychologists describe emotions as algorithmic structures called ‘information input → processing → output’. Isn’t it evidence that AI algorithms are good at expressing emotions. All of these flows eventually lead to burying. What makes humans human.

I find the answer in Death Awareness. We all know that one day we will die. A being who knows finiteness, and a being who can ask the question “why exists” in the face of that finiteness, that is human. The question begins with me personally and extends to humanity, nature, and space. Science, philosophy, and art were born in the process of exploring the essence of existence from me to the universe. In the first place, humans were able to raise civilization because they had that question.

In this sense, science is also two-pronged. One is the science of technology for application, and the other is the basic science that asks the source of existence, including humans and nature. No matter how advanced AI is, at the bottom of the technology is the root of basic science. Since AI mimics the neural network of the human brain, it could not exist without basic research on the neural network. Without the language of ‘mathematics’ found to explore the nature of nature and the universe, it was not possible to design an ‘artificial neural network’ called AI. In the end, the question of “why” asking the nature of existence was the basis for making AI possible.

But we are now too easily forgetting that foundation. In the presidential office, the AI officer is sitting above the science and technology secretary with the title of ‘Chief’, and the Minister of Science and ICT is also an AI expert. The policy is following the immediate industrial performance, and investors are flocking to AI startups rather than basic research. AI, a descendant of basic science, is now at the center of state administration, but its roots are being pushed to the fringes. Of course, AI is determining national competitiveness, so it is right and right for us to do well, but we must not forget to take care of its roots.

Many of the inventions we are familiar with, such as phonograph, light bulb, and semiconductor, are also products of basic science. In the case of the phonograph, it was 20 years after the invention that Edison acknowledged the use of ‘music playback’. Jared Diamond, the author of the bestselling book “Guns Milded Iron,” said that the adage that “necessity is the mother of invention” was wrong, citing the phonograph example. It was said that the real purpose was found only after the invention. If so, it should be said that invention begins with ‘possibility’ rather than ‘necessity’. There has always been basic science at the bottom of that possibility.

Korea also belatedly realized the importance of basic science and established the Institute of Basic Science in 2011. Based on the German Max Planck Institute (MPG), the Institute of Basic Science (IBS) was established. But investment remains poor. The IBS budget is one-tenth of the MPG. Nevertheless, Korean society is impatient to prove its achievements. I can’t stand the slowness and honesty of basic science.

However, the roots of civilization always grow slowly. Slowly building questions, not immediate industrial achievements, have sustained civilization. This huge wave, which we are now enthusiastic about AI, was also greeted by someone’s ‘why’. The next wave after AI will be no different. If we neglect basic science, we will be in a hurry to follow the next wave.

No matter how advanced AI develops in the future, humanity will survive as long as the question of “why” continues. Basic science, which explores the answer, is the last line of defense for humans not to give up being human.

[Kim Insoo Editorial Writer]



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