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A man walks past the Alibaba logo displayed at its booth during the China International Supply Chain Expo in Beijing, China July 16, 2025. Florence Lo | ReutersMeta wants to lead in open-source AI. China’s Alibaba just reminded the U.S. tech giant how competitive the market is.On Monday, the Chinese tech giant launched an AI model, designed to run on consumer hardware like laptops — a new battleground for AI model developers — and opened the weights of its most powerful model as it looks to maintain its lead in open-source technology.It comes after Meta announced plans last week to…
A Cabinet Office press release about the alert, posted to its website at about 18:45 on Friday, was missed by many in the media, which meant there was little warning to the public.Some campaigners have said this potentially jeopardised domestic abuse victims trying to hide secret phones they use to seek support and try to escape abusers.Women’s Aid, the national charity aiming to end domestic abuse, is calling for more forewarning of alerts wherever possible.Veronica Oakeshott, the charity’s head of external affairs, told BBC News: “Survivors of domestic abuse frequently turn to second phones to help them access lifesaving support…
In that thread, the original poster said that the real problem was that tiny details and even major historical insights that can be gleaned from reviewing rare books will be lost to AI greed. AI firms will “never share the contents” of books they scan, the poster said, “as they don’t want anyone else to be able to train their AI” on the same works. “This sounds like propaganda from the AI haters,” another Redditor pushed back, but a subsequent commenter shared similar fears. Although people might clash with someone who argues that training AI on these works will make…
Another big element of Reform’s planned cuts comes from taking away benefits from foreign nationals. It claims around £20bn could be saved from its £50bn target if they were banned from getting benefits including Universal Credit (UC).More than a million UC claimants were born overseas including around 700,000 EU citizens who arrived in the UK before Brexit and have the right to live and work in the country.It’s important to bear in mind that around half of EU citizens claiming UC are in employment. The government doesn’t provide figures for the number of foreign nationals claiming other benefits.But taking away…
Paramount and Warner Bros logos are seen in this illustration.Dado Ruvic | ReutersPrediction markets traders still see Paramount Skydance as likely to succeed in its bid to acquire Warner Bros. Discovery, but a battle in court with 12 state attorneys general is increasing the chances that the merger falls through. Traders on prediction market platform Kalshi think that there’s a 74% likelihood that Paramount will acquire Warner Bros. by July 2027, while there are 22% odds that a deal doesn’t go through by that date. Before California and 11 other states sued to block the merger on July 13, odds Paramount would…
This past weekend saw Monterey Car Week at perhaps its most excessive ever. The auctions set records, including $42.9 million for one of six Shelby Daytona Coupes and $40 million for Ferrari’s first Luce electric vehicle to reach private hands. Hypercars and restomods with seven-figure price tags filled the California peninsula, and yet I know I’m not alone in mustering little enthusiasm for this kind of thing. Which is why today I’m writing about the antithesis of all that: a hand-built, low-cost, efficient, and remarkably cheap car that suggests one possible future for driving enthusiasts, should we choose to take…
The Democratic Unionist Party (DUP) MP Jim Shannon has been charged with common assault of a woman.It is alleged to have happened on 1 October 2023.In a statement, his solicitors said that the case was being “factually contested”.Shannon, 71, with an address at DUP offices on Frances Street in Newtownards, did not attend Newtownards Magistrates’ Court on Monday.Defence counsel Conan Rea told the court that Shannon had lodged a defence statement. The court heard that the Public Prosecution Service will be applying to amend dates on paperwork which they had lodged.Rea said that the defence will be objecting to that.He…
This has been a historic run for refiners. Marathon, Valero, and HF Sinclair each gained over 80% in 2026 against an 11% S&P 500 gain, with the WTI 3-2-1 crack near $59/bbl margins, nearly tripling since January. MPC and VLO have nearly doubled YTD, PSX is up 66%, and roughly a third of that move came in a single month. The 2010–2021 average for that same spread was about $19.How rare is this move? According to my friend Carter Worth at WorthCharting, the S&P 500 Oil & Gas Refining & Marketing Sub Industry group that comprises Marathon, Valero Energy and…
OpenAI President Greg Brockman on Monday brushed off concerns about executive turnover at the artificial intelligence company, stating that he doesn’t think the wave of exits is “actually that atypical.””I actually think that the difference between OpenAI and other organizations is that we are so much in the spotlight, so every departure gets scrutinized in a way that it doesn’t otherwise,” Brockman told CNBC’s “Squawk Box” in an exclusive interview. Last week, OpenAI’s revenue chief Denise Dresser suddenly left her role after just eight months at the company. She was tasked with growing OpenAI’s enterprise unit, a high-margin part of…
A Labour MP has been suspended from the party after a newspaper report questioned whether he had tried to avoid repaying a government Covid loan.Bayo Alaba referred himself to the Labour Party over the issue and an internal investigation has been launched.The MP for Southend East and Rochford has also had the whip suspended – meaning he will now sit as an independent MP – although it is understood the investigation does not at this stage imply any wrongdoing.A Labour Party spokesperson said: “Bayo Alaba MP has referred himself to the Labour Party so that these matters can be investigated…
