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Rolling coverage of the latest economic and financial news AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development AI CEOs say they need to slow the pace of development. But will they? The Guardian view on controlling AI: humanity cannot outsource its survival Companies threatened by the march of AI are seeing their share prices rise this morning! RELX, the analytics group, are up 4.2% and…

Three little letters - bnb-side’s name is a play on the local b-side arts festival, but Silicon Valley colossus sees threat to global brand In one corner is bnb-side, a six-room bed and breakfast on the Isle of Portland – a tiny wedge of limestone tied by a narrow ribbon of shingle to the Dorset coast – that was created to help secure the future of the rock’s much-loved arts festival, b-side. On the other is Airbnb,…

Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab strait Business news – live updates Oil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline. Brent crude, the international benchmark for oil prices, surged to as much as $108 a barrel at one point on Monday, later easing back…

A new public consultation has opened on the 150bn-litre above-ground White Horse project in Abingdon, Oxfordshire Thames Water has amended the blueprint of a planned mega-reservoir in Oxfordshire as the struggling utility tries to convince regulators that construction should go ahead amid warnings of “catastrophic consequences”. The White Horse reservoir near Abingdon is scheduled to hold 150bn litresof water with a…

‘Commonsense change’ looks to end current confusion and put ‘passengers first, not shareholders’ when services are disrupted Rail passengers whose trains are cancelled will have the immediate right to travel on other operators’ services to finish their journey without further charge, ministers have announced. The “commonsense change” will take effect from Sunday 20 September, ending the confusion in Britain where man…

The 40-year-old unvaccinated woman reportedly had underlying health conditions.

Insight Partners' Devin Parekh opens up about losing Legora to General Catalyst, why he's fine holding stakes in rival AI labs, and why — even as everyone else piles into OpenAI and Anthropic — his $90 billion firm is deliberately staying diversified.

Oracle had previously disclosed that Ellison planned to sell 50 million shares worth around $7.5 billion.

From floating reactors to brain chips: VCs picked their favorite YC startups from the summer batch.

Yesterday, Anthropic CEO Dario Amodei published a lengthy open letter saying it was time to "pace the frontier" and slow down AI development. OpenAI's Sam Altman and Elon Musk both agreed, publicly voicing their support on X. Even Alphabet's Demis Hassabis offered tentative support for Amodei's proposal. Donald Trump and House Speaker Mike Johnson, however, seem to think the AI executives are being overreactive and f…

On Equity, we discussed the AI industry's latest debate about whether it poses an existential threat to humanity.

Bloomberg's Mark Gurman says Apple is developing two game controllers for the iPhone and will likely sell them under the Beats brand. Rumors that Apple might enter the game controller business have circulated for some time. But last week, MacRumors reported finding two references in macOS 26.7's code to two game controllers identified as first-party devices. Despite the code being found in macOS, not iOS, Gurman says…

The Units are a band I discovered in part thanks to No Dogs in Space. During their miniseries on The Screamers (another incredible band worth checking out), they mention synthpunk.org as one of their sources. And there's no better way to get my attention than to combine two of my favorite things - punk rock and synthesizers. The site was down that day (it appears to be back up now), but I was able to access a version…

Obama recently said that Democrats need to make artificial intelligence one of their “central agendas” and “have a very clear plan” to address concerns around the technology’s economic impact and safety.

Two people were arrested in San Fransico while riding around in a Waymo robotaxi after the cab pulled over and called the cops on them. The riders were juveniles in possession of a loaded AR-style ghost gun and were taken to a juvenile hall. While the police report did not specify who was operating the autonomous car, Waymo later confirmed it was one of its vehicles to the Los Angeles Times. A spokesperson told the L…

Marvel's mishandling of its Blade reboot will likely go down as one of the studio's biggest mistakes. There was a great actor in place to play the vampire hunter (Mahershala Ali), and a promising director set to take over the reins (Bassam Tariq). In retrospect, though, the disappointing demise of Blade might not be such a bad thing, because Tariq and Ali have collaborated on something much more interesting than a su…

The manufacturer has a service that lets owners repair their own equipment.

Royal guards carry casket through streets of Fort Portal amid row over appointment of Edward Rukidi Kijanangoma Uganda’s King Oyo Nyimba Kabamba Iguru Rukidi IV, long the world’s youngest monarch, has been buried among the tombs of his royal forebears as ⁠his Tooro kingdom looked to put ⁠a bitter succession battle behind ​it. Oyo’s appointed successor, the news anchor Edward Rukidi Kijanangoma, cast nine coffee berri…

Alleged members of Black Axe criminal network that swindled US women out of $6m flown from South Africa Six Nigerian nationals linked to an organized criminal network that allegedly swindled American women out of more than $6m through online romance scams were extradited to the United States on Friday. South African police confirmed they were to be extradited earlier on Friday, while local news in Africa confirmed th…

Unitree might be the world’s most important robotics company.

"Dedicated launch is pretty essential for us for most of our missions."

Simple games gain rich strategies in the face of noise.

Her Horizon Fund seeks $100m to stop practice harming 230m women and girls globally Frontline activists and leaders in the fight against female genital mutilation, which has affected more than 230 million women and girls worldwide, have welcomed an unprecedented $15.5m (£11.4m) fund aimed at creating “unstoppable momentum” to finally end the practice. The launch of the fund comes as women’s rights are increasingly un…

Family of late King Oyo Nyimba Kabamba Iguru Rukidi IV reject committee’s choice of cousin and TV presenter as new monarch A traditional Ugandan kingdom has become engulfed in a bitter succession dispute after the family of a king who recently died rejected the selection of a television news anchor as his successor. King Oyo Nyimba Kabamba Iguru Rukidi IV, who became the world’s youngest reigning monarch when he took…

Gen Muhoozi Kainerugaba announces decision to pull out in post on X, citing tensions over ‘Harry-Meghan nonsense’ Uganda is withdrawing from the Duke of Sussex’s Invictus Games, the country’s military chief has said, out of respect for King Charles amid division over the “Harry-Meghan nonsense”. Gen Muhoozi Kainerugaba, son of the Ugandan president, made the surprise announcement in a post on X on Wednesday. Continue…