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The Guardian view on global inequality: extreme wealth threatens democracy | Editorial
New York mayor Zohran Mamdani shows Britain’s Andy Burnham that confronting billionaires need not mean the end of cooperation with Donald Trump In November, Californians will vote on a one-off 5% levy on residents worth more than $1bn. The union-backed plan could raise $100bn, more than enough to replace federal healthcare funding stripped away by…
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Behold, “the whole story of Steam’s economy in one picture”: the top 1% of games earn 84.5% of estimated revenue, and most games barely make anything
A newly shared chart illustrating Steam’s economic history has drawn attention for showing just how lopsided revenue distribution is on the platform, with a tiny fraction of games capturing the overwhelming majority of earnings. The visualisation is being described as “the whole story of Steam’s economy in one picture,” underlining long-standing concerns about how difficult…
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Emmys Host Mariska Hargitay Shares Scoop On Help From Colbert Writers And Why Stars Could Make Cameos With ‘SUV’ Toe Tags
Mariska Hargitay has revealed details about her upcoming stint hosting the Primetime Emmy Awards, a departure from her long-running dramatic role as Captain Olivia Benson on NBC’s Law & Order: SVU. Despite not having a comedy background, unlike many recent Emmy hosts, Hargitay says the ceremony’s producers deliberately want to “switch it up” by choosing…
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‘Profits won.’ The child safety trial against Meta kicks off in federal court
Opening arguments are underway in a trial that pits four states against the company that owns Facebook and Instagram. They allege that Meta knew its products could hook kids — and lied about the danger.
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A 22-Year-Old Drama Student Filmed Jimi Hendrix’s Woodstock Performance From the Stage
A film capturing rare stage-side footage of Jimi Hendrix’s legendary 1969 Woodstock performance is being released to mark the festival’s 57th anniversary. The footage was shot by Albert Goodman, then a 22-year-old drama student who sneaked onto the stage disguised as part of the film crew, positioning himself just 15 feet from Hendrix. The discovery…
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Save up to $300 on your TechCrunch Disrupt 2026 pass until August 21
TechCrunch is offering its lowest ticket prices for TechCrunch Disrupt 2026 until Friday 21 August at 11:59pm PT, after which discounts of up to $300 will no longer be available. The event, expected to draw more than 10,000 founders, investors and members of the startup community, will take place from 13-15 October at Moscone West…
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Ministers are waking up to Britain’s gas supply risks. It’s time for decisions
The UK government has begun acknowledging serious risks to Britain’s gas supply, with an official response warning that state intervention may be needed to secure adequate storage and import infrastructure before shortfalls emerge at the turn of the decade. Despite the shift to renewable energy, gas still meets around a third of the UK’s overall…
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Vault Entertainment Ups Preslee Krout To Talent Manager
Vault Entertainment, the Los Angeles-based talent management and production company, has promoted Preslee Krout to the role of Talent Manager, the firm confirmed exclusively to Deadline. The move reflects the company’s stated focus on nurturing talent from within, as Vault continues to build out its team following a string of recent senior hires and internal…
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Polling firm closes down after it faked Hong, Bass polls
Median Strategies, the company that released polls showing Los Angeles Mayor Karen Bass (D) and former Wisconsin gubernatorial candidate Francesca Hong ahead with wide margins in their respective races, announced Monday it has closed. A message on the company’s website reads that it has “concluded its polling project and will not publish additional polls.” “All…
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Etched’s valuation doubles to $21B in a month
AI chip startup Etched has raised $700 million at a $21 billion valuation, led by quantitative trading firm Jane Street, which tested and subsequently bought the company’s hardware. The pace of the valuation increase is remarkable even by the standards of the current AI boom, reflecting strong investor confidence in Etched’s approach to accelerating AI…