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‘The world is sounding an alarm’: Why big tech is the new colonist | Features

Istanbul, Turkiye – When investigations by Al Jazeera and other media outlets in 2024 revealed that Israeli-linked artificial intelligence (AI) systems such as Lavender and Gospel had helped generate thousands of military targets in Gaza, critics warned that warfare was entering a new era – one driven not only by soldiers and bombs, but by algorithms, data, and surveillance technology.

Then, in September 2024, thousands of pagers and walkie-talkies used by members of Hezbollah exploded in coordinated attacks in Lebanon, widely attributed to Israeli intelligence operations that had turned ordinary communication devices into weapons.

And, last year, reporting by Al Jazeera also raised concerns about the use of cloud and data infrastructure linked to major US technology companies in Israeli surveillance operations involving Palestinians.

For a growing number of scholars, economists and political thinkers, such developments reflect more than just the changing nature of conflict. They show how power in the modern world is increasingly exercised not just through military force, but through technology, finance and control over information.

That argument has revived broader debates around decolonisation – a term historically associated with the dismantling of European empires after World War II, when countries across Asia, Africa and the Middle East gained formal independence.

But many proponents of what is termed “decolonial theory” – a school of thought arguing that colonial-era systems of power and hierarchy still shape modern politics, economics and knowledge – argue that colonial power structures never fully disappeared. Instead, they evolved, embedding themselves in global financial systems, technology platforms, media networks and even the production of knowledge itself.

Dependence of Global South countries on Western technology, digital infrastructure and global markets can create new forms of political and economic vulnerability, particularly across the Global South.

“A generation may have grown up believing they had never experienced colonialism or exploitation,” Esra Albayrak, board chair of the NUN Foundation for Education and Culture and daughter of Turkish President Recep Tayyip Erdogan, told Al Jazeera during the World Decolonization Forum in Istanbul on May 11-12.

“Yet, mentally, they may still be living under colonial influence.”

The war in Gaza marked a turning point, Albayrak says, shining a spotlight on how international principles are not applied equally. Global institutions have so far failed to stop what many countries and rights groups have described as genocide against Palestinians.

“The world is sounding an alarm, and we can no longer afford to remain indifferent to it,” she said.

A techno-feudal era

Albayrak argues that a handful of technology companies are emerging as new, invisible centres of power, shaping how information is produced, circulated and consumed in the digital age.

She describes the digital sphere as the realm of what she calls “future colonialism”, warning that AI systems trained largely on Western-centric data risk reinforcing existing global inequalities.

“When AI systems are run by those tech companies and trained on Western sources, they risk carrying the hierarchies of the past into tomorrow’s digital world, as they now have personalised data, suppressing identity,” Albayrak said.

By this, she means that most major AI models are still trained largely on English-language and Western-produced data – a pattern critics say risks sidelining non-Western languages, cultures and perspectives.

On social media platforms, algorithms tend to amplify some conflicts while rendering others nearly invisible, effectively shaping what billions of users see, discuss and remember online.

Walter D Mignolo, professor at Duke University, argues that while what we historically see as “formal colonialism” may have largely ended, systems of Western dominance continue through economics, culture, technology and knowledge production.

“Coloniality is not over. It is all over the world,” Mignolo said, arguing that modern ideas of development and progress often have the effect of pressuring societies to conform to Western norms.

Rather than simply resisting those systems, he said, societies must find a way to “re-exist” by rebuilding intellectual and cultural autonomy outside dominant global frameworks.

Colonisers in the financial age

The March 2026 Global Debt Report by the Organisation for Economic Co-operation and Development (OECD) reveals that 44 countries face severe debt burdens, often aggravated by global conflicts, forcing some governments to spend more on interest payments than on health or education.

This is not a new phenomenon, as developing countries have been labouring under the weight of foreign debt for decades.

But British political economist and author Ann Pettifor told Al Jazeera that modern forms of domination are now increasingly embedded not in empires or nation-states, but in financial systems operating beyond democratic oversight.

Pettifor points to the growing influence of “shadow” banking networks – financial institutions operating largely outside traditional banking regulations – and giant asset managers such as BlackRock, which manages $13 trillion in assets.

Much of the global financial architecture now functions largely outside the regulatory control of governments, she says, including that of Western states themselves.

“This is not a state colonising other states,” Pettifor said. “This is the financial system colonising the whole world, including my country and the US.”

She argues that elected governments increasingly struggle to control key economic realities – from energy prices to commodity markets – because those systems are dictated by global financial actors operating far beyond public accountability.

In Nigeria, for example, Pettifor says, efforts to expand domestic refining capacity continue to face pressure from international financial institutions and global energy markets to keep fuel prices tied to global markets and maintain reliance on imported refined oil products, despite its vast oil reserves.

Coordinated cooperation between developing nations may be necessary to challenge the dominance of Western-centred financial systems, Pettifor says, pointing to growing efforts across parts of West Africa to expand regional refining capacity and reduce dependence on imported fuel. Yet such ambitions can also leave critical sectors dependent on the decisions and influence of a small number of powerful private actors.

Global financial markets, algorithm-driven platforms, and foreign-controlled digital infrastructure increasingly define everyday life – from fuel and food prices to the information people consume online and the technologies governments and societies depend on, observers say.

A ‘mastery complex’

As wars become increasingly influenced by AI, digital infrastructure and financial dependency, debates around colonisation are focusing less on territorial control and more on who influences energy prices, lending systems, access to technology and the flow of information across borders, observers say.

Albayrak draws a parallel between today’s debates around technology and global power and Rudyard Kipling’s 1899 poem “The White Man’s Burden”, published as the US took control of the Philippines following the Spanish-American War. The poem framed colonial expansion as a moral obligation to “civilise” other societies rather than an exercise of domination.

Albayrak said such traces of “mastery complex” still survive today, though in different forms – not necessarily through military occupation, but through technological, financial and informational influence.

But what the world really needs, she argues, is a global order built not on hierarchy, but on shared responsibility.

“The burden should belong to humanity collectively.”

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US moves to release more oil stockpiles under IEA agreement | US-Israel war on Iran News

US Department of Energy moves to transfer 53.3 million barrels amid rising oil prices.

The United States has announced its latest release of emergency oil stockpiles in coordination with the International Energy Agency (IEA).

The US Department of Energy said on Monday that it had begun transferring 53.3 million barrels from the strategic petroleum reserve after awarding contracts to nine companies under its emergency exchange programme.

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Trafigura Trading LLC, a Texas-based commodities trading company, was granted the biggest haul of nearly 13 million barrels, with Marathon Petroleum Corporation and ExxonMobil set to receive 12.4 million barrels and 11.4 million barrels, respectively.

Macquarie Commodities Trading US, Atlantic Trading & Marketing, BP Products North America, Energy Transfer Crude Marketing, Mercuria Energy America and Phillips 66 will receive between 1.05 million and 6.55 million barrels each, according to the Energy Department.

Under the department’s exchange scheme, participating firms are required to replenish the stockpile with new barrels at a later date.

“These actions continue to move oil swiftly into the market, address near-term supply needs, and ensure that the Strategic Petroleum Reserve remains strong through the return of premium barrels,” Kyle Haustveit, the head of the department’s Hydrocarbons and Geothermal Energy Office, said in a statement.

The transfer comes after US President Donald Trump’s administration agreed in March to release 172 million barrels of crude as part of the IEA’s coordination of the largest unloading of global stockpiles in history.

Oil prices have surged since the US and Israel launched their war on Iran in late February, with Tehran’s retaliatory blockade of the Strait of Hormuz paralysing one of the world’s most important trade routes.

Maritime traffic in the strait has ground to a halt amid Iranian threats against commercial shipping, disrupting about one-fifth of the global oil trade.

Oil prices continued to edge higher on Monday after Trump dismissed Iran’s latest peace proposal and warned that the ceasefire between the sides was “on life support”, dampening hopes for a quick resolution to the conflict.

Facing growing public discontent over rising fuel prices, Trump on Monday also pledged to waive the 18.4 cents-per-gallon federal tax on petrol, though taxation is the purview of the US Congress.

Futures for Brent crude, the international benchmark, were up about 1 percent in Asia on Tuesday morning, topping $105 a barrel.

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Oil prices jump as US, Iran trade fire in Strait of Hormuz | Oil and Gas News

Brent crude rises amid clashes in critical waterway.

Oil prices have jumped after clashes between United States and Iran in the Strait of Hormuz pushed their tenuous ceasefire to the brink.

Futures for Brent crude rose as much as 7.5 percent during a volatile trading session on Thursday, before easing as Asia’s markets opened on Friday morning.

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The international benchmark stood at $101.12 per barrel as of 03:00 GMT, down from the day’s high of $103.70.

The latest rise came after the US and Iran exchanged fire in the critical strait, a conduit for about one-fifth of global oil and natural gas supplies, despite the truce announced between the sides on April 7.

US Central Command (CENTCOM) said it launched strikes on Iran after three US Navy guided-missile destroyers came under attack from Iranian missiles, drones and small boats in the strait.

Iran’s Khatam al-Anbiya Central Headquarters earlier accused the US of violating the ceasefire by attacking an Iranian oil tanker and another vessel in the vicinity of the waterway.

The Iranian military headquarters also accused the US of targeting civilian areas, including Qeshm Island.

US President Donald Trump on Thursday appeared to downplay the clashes, saying the ceasefire remained in effect, while Iran’s state-run Press TV said the situation had gone “back to normal”.

Shipping in the strait has been at a near standstill since late February amid the threat of Iranian attacks on the massive oil tankers that usually transport much of the world’s energy supplies.

Brent prices are up about 40 percent compared with before the war amid an estimated shortfall in daily production of 14.5 million barrels.

Asian stock markets opened lower on Friday amid the heightened tensions, with Japan’s benchmark Nikkei 225, South Korea’s KOSPI and Hong Kong’s Hang Seng Index each falling more than 1 percent.

On Wall Street, the benchmark S&P 500 fell about 0.4 percent overnight after hitting an all-time high the previous day.

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Elon Musk trial against Sam Altman to reveal OpenAI power struggle | Business and Economy News

The trial’s outcome could sway the balance of power in AI, and jury selection starts on Monday.

Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for the development of artificial intelligence.

The trial, which is scheduled to begin on Monday with jury selection, centres on the 2015 birth of ChatGPT maker OpenAI as a nonprofit start-up primarily funded by Musk before evolving into a capitalistic venture now valued at $852bn.

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The trial’s outcome could sway the balance of power in AI, breakthrough technology that is increasingly being feared as a potential job killer and an existential threat to humanity’s survival.

Those perceived risks are among the reasons that Musk, the world’s richest person, has cited for filing a lawsuit in August 2024 that will now be decided by a jury and US District Judge Yvonne Gonzalez Rogers in Oakland, California.

The civil lawsuit accuses Altman, OpenAI’s CEO, and his top lieutenant and a cofounder, Greg Brockman, of double-crossing Musk by straying from the San Francisco company’s founding mission to be an altruistic steward of a revolutionary technology. The lawsuit alleges they shifted OpenAI into moneymaking mode behind his back.

The bitter legal fight may come down to a few pages in one executive’s personal diary.

“This is the only chance we have to get out from Elon,” wrote Brockman in the autumn of 2017. “Is he the ‘glorious leader’ that I would pick?”

Brockman’s diary entry is part of the thousands of pages of internal documents revealed in court.

Musk said the defendants kept him in the dark about their plans, exploited his name and financial support to create a “wealth machine” for themselves, and owe damages for having conned him and the public.

He also wants OpenAI to revert to a nonprofit, for Altman and Brockman to be removed as officers and for Altman to be removed from its board.

OpenAI has brushed off Musk’s allegations as an unfounded case of sour grapes that’s aimed at undercutting its rapid growth and bolstering Musk’s own xAI, which he launched in 2023 as a competitor.

The trial also carries risks for Musk, who last month was held liable by another jury for defrauding investors during his $44bn takeover of Twitter in 2022. Any damaging details about Musk and his business tactics could be particularly hurtful now because his rocket ship maker, SpaceX, plans to go public this summer in an initial public offering that could make him the world’s first trillionaire.

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US Justice Department drops criminal probe of Fed chair Jerome Powell | Business and Economy News

The announcement on Friday is expected to clear the path for the confirmation of his successor, Kevin Warsh.

The United States Department of Justice has ended its probe into US Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of his successor, Kevin Warsh.

US Attorney for the District of Columbia Jeannine Pirro said on X on Friday that her office was ending its probe into the Fed’s extensive building renovations because the Fed’s inspector general would scrutinise them instead.

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Pirro, a Trump ally and the top federal prosecutor in Washington, DC, said she had instead asked the Fed’s internal watchdog, the Office of Inspector General, to examine cost overruns in renovations of the central bank’s Washington headquarters.

“The IG has the authority to hold the Federal Reserve accountable to American taxpayers,” Pirro said in a social media post. “I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas.”

The move could lead to a swift confirmation vote by the Senate for Warsh, a former top Fed official whom US President Donald Trump, a Republican, nominated in January to replace Powell. Powell’s term as chair ends May 15.

Senator Thom Tillis, a North Carolina Republican, had said he would oppose Warsh until the investigation was resolved, effectively blocking his confirmation.

The leadership transition at the world’s leading central bank could now proceed quickly.

Republicans praised Warsh during a Tuesday hearing even as Democrats questioned his independence from Trump, the lack of transparency around some of his financial holdings, and what they said was his flip-flopping on interest rates. Senator Elizabeth Warren of Massachusetts, the ranking Democrat on the committee, questioned if Warsh will be a “sock puppet“.

Still, Trump’s previous appointment to the Fed’s board of governors, Stephen Miran, was approved by the full Senate just 13 days after his nomination.

No evidence

The investigation was among several undertaken by the Department of Justice into Trump’s perceived adversaries. For months, it had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct.

A prosecutor handling the case conceded at a closed-door court hearing in March that the government had not yet found any evidence of a crime, and a judge subsequently quashed subpoenas issued to the Federal Reserve.

The judge, James Boasberg, said prosecutors had produced “essentially zero evidence” to suspect Powell of a crime. Boasberg branded prosecutors’ justification for the subpoenas as “thin and unsubstantiated”.

More recently, prosecutors made an unannounced visit to a construction site at the Fed’s headquarters but were turned away, drawing a rebuke from a defence lawyer in the case who called the manoeuvre “not appropriate”.

Warsh said during the Senate hearing on Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so.

“The president never once asked me to commit to any particular interest rate decision, period,” Warsh said during the hearing. “Nor would I ever agree to do so if he had … I will be an independent actor if confirmed as chair of the Federal Reserve.”

Warsh’s comments came just hours after Trump, in an interview on CNBC, was asked if he would be disappointed if Warsh did not immediately cut rates and responded, “I would.”

The decision to abandon the investigation represents a rare pullback for a Department of Justice that over the last year has moved aggressively, albeit unsuccessfully, to prosecute public figures the president does not like.

Robert Hur, an lawyer for the Federal Reserve Board of Governors, did not immediately respond on Friday to an email seeking comment.

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As oil prices plunge below $91 after weeks, a new Hormuz crisis emerges | Oil and Gas News

Brent crude falls more than 9 percent after Iran said it will reopen the strategic waterway, only to shut it down again over US blockade of its ports.

Oil prices have plummeted to their lowest point in weeks after Iran said the Strait of Hormuz was open for passage during a ceasefire in Lebanon, and United States President Donald Trump said he expected to ⁠reach a deal to end the war soon.

Brent crude, the international benchmark, fell more than 9 percent to $90.38 a barrel on Friday, taking it below $91 for the first time since March 10.

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The plunge came after Iranian Foreign Minister Abbas Araghchi said the strait was “completely open” and would remain so for the duration of the 10-day ceasefire between Israel and Lebanon, which took effect on Friday.

Hailing Tehran’s announcement, Trump declared the waterway “ready for business and full passage,” but said the US Navy’s blockade of Iranian ports would remain in “full force” until the sides reached a peace deal.

On Saturday, however, Iran rowed back on its decision to reopen the Strait of Hormuz, warning that it would continue to block transit through the key waterway as long as the US blockade of Iranian ports remained in effect.

The announcement came after Trump said the blockade “will remain in full force” until Tehran reaches a deal with the US, including on its nuclear programme.

Roughly one-fifth of the world’s oil passes through Hormuz and further limits would squeeze already constrained supply, driving prices higher once again.

Amid the escalation, Pakistani officials say they are trying for more talks between the US and Iran ahead of the April 22 ceasefire deadline.

Meanwhile, ship tracking data displayed by MarineTraffic earlier on Saturday showed a significant uptick in vessels crossing the strait, which is located between Iran, the United Arab Emirates and Oman.

“It’s busy out there, the busiest I’ve seen it since the Strait of Hormuz was effectively closed at the beginning of the war,” Michelle Wiese Bockmann, an analyst at maritime intelligence firm Windward, said in a post on X.

“Last night there were few ships taking the risk but overnight there seems to have been a change.”

While Iran allowed a limited number of vetted ships to transit the waterway since the start of the war, traffic has remained at a trickle compared with pre-conflict levels.

The near-total closure of the strait has triggered one of the worst energy shocks in history, driving up fuel prices and prompting governments to roll out emergency measures.

Oil prices have swung wildly since the US and Israel launched strikes on Iran on February 28, hitting a post-conflict peak of $119 a barrel on March 19.

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Netflix cofounder Hastings to step down after it lost Warner Bros deal | Entertainment News

The company’s stock plunged about 8 percent on the news of Hastings’s departure.

Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery to Paramount Skydance.

In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits.

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The company’s stock plunged about 8 percent on the news of Hastings’s departure. The cofounder is credited with helping to revolutionise how movies and television shows are delivered in homes, upending Hollywood’s business model.

“Netflix is growing revenues double-digits, expanding margins in 2026 and gushing free cash flow,” said LightShed Partners media analyst Richard Greenfield. “While the Q1 was uneventful financially, the departure of Reed Hastings has spooked investors.”

Netflix reaffirmed in a 14-page shareholder letter that its mission remains “ambitious and unchanged” – to entertain the world, providing movies and series for many tastes, cultures and languages. The company’s full-year outlook remained unchanged.

The company did not say how it plans to spend the $2.8bn termination fee it received after losing the Warner Bros movie studio and HBO, and lifted its earnings per share to $1.23 in the first quarter compared with 66 cents per share in the same quarter last year.

Revenue rose to $12.25bn, an increase of 16 percent from the year-ago period, modestly exceeding analyst forecasts of $12.18bn.

Netflix, which long told investors that a Warner Bros acquisition was a “nice to have, not need to have” proposition, highlighted areas of future growth.

The company said its investment in expanding its entertainment offerings, with video podcasts and live entertainment – such as the World Baseball Classic in Japan – is driving engagement.

It plans to use technology to improve the user experience and improve monetisation, as advertising revenue remains on track to reach $3bn in 2026 – a twofold increase from a year ago.

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