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OpenAI floats giving Trump administration 5 percent cut of AI boom
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share…
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Woman passes out as she becomes the first ever to be caned for ‘committing obscenity live with a man on social media’ under Indonesian province’s Sharia law
Images show her kneeling and screaming in agony as a masked Sharia police officer repeatedly brings the cane down across her back.
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England fans face resale prices of at least £2,600 for Mexico tickets
England fans hoping to attend the World Cup last-16 showdown with Mexico face paying a minimum of £2,600 for one ticket on Fifa’s resale site.
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Award-Winning Independent Factual Producer Proper Content Shutters Citing Market Conditions: ‘There Simply Isn’t the Commissioning Risk’
Award-winning factual producer Proper Content is set to shutter amid tough market conditions. Founder David DeHaney, who set up the company in 2016, announced the decision to cease trading and appoint an administrator on Thursday. “This has been a very difficult decision,” says DeHaney. “We have had nearly 10 years of making some of the…
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Korea’s Lotte Cinema-Megabox Merger Collapses as JoongAng Group’s Financial Crisis Deepens
The proposed merger between Lotte Cinema and Megabox, which would have created South Korea’s largest theatrical exhibitor, has officially collapsed after roughly 14 months of negotiations, with the deal ultimately undone by a financial crisis engulfing Megabox’s parent company, JoongAng Group. Lotte Shopping and Contentree JoongAng disclosed Wednesday that the memorandum of understanding governing the…
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Stop moaning and fight! Badenoch opens fire on ‘identity politics’ of Labour women MPs demanding 50% ‘quota’ of jobs in Burnham’s Government
The Tory leader lashed out today amid reports that female MPs are demanding the de-facto new prime minister introduce a 50:50 gender split ‘quota’ in his government.
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Channel 4 Unveils Structure For The Post-Ian Katz Era With New Roles For Louisa Compton & Kiran Nataraja
Channel 4 has unveiled its commissioning structure for the post-Ian Katz era, with Louisa Compton and Kiran Nataraja handed big promotions. Coming into force in November, the set-up under new CEO Priya Dogra will see Chief Content Officer Katz’s replacement take on a Director of Programmes role and sit alongside Director of News, Digital and…
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Amazon has enough satellites to launch its Starlink competitor
Amazon says it now has enough satellites operating in low-Earth orbit to light up its Starlink internet competitor. With last night’s launch, Amazon Leo has 396 satellites deployed, which is “enough to support continuous service across initial latitudes,” according to Chris Weber, VP heading up business and product for Amazon Leo. That puts the company…
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Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to help fund Andy Burnham’s package for struggling households this winter.While bankers have warned the move would be…
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Micron’s $250 million bet on kids is a blueprint for America’s future
Micron CEO Sanjay Mehrotra announces the largest corporate commitment to children's savings accounts alongside $200 billion in U.S. chip manufacturing.