UK government putting pressure on nature groups to drop opposition to planning bill
Trump privately indicates he may soon fire Fed chair Jerome Powell
Donald Trump has privately indicated he is on the verge of firing the Federal Reserve chair, Jerome Powell, rattling Wall Street and renewing questions over the US central bank’s independence.The US president insisted on Wednesday that it was “highly unlikely” he would dismiss the Fed chair, after reports he had suggested he would and shown a draft letter dismissing Powell to political allies.“I don’t rule out anything, but I think it’s highly unlikely. Unless he has to leave for fraud,” said Trump. The president has recently criticized Powell for a $2
Rachel Reeves warned by City grandees not to weaken banking safeguards
Rachel Reeves has been warned by City grandees that her plan to slash financial red tape could have little benefit for British households while increasing risks in the banking industry.The chancellor used a speech to City bosses attending the annual Mansion House dinner on Tuesday to argue that in too many areas regulation was acting as a “boot on the neck of business”, as she pledged sweeping changes to help revive the economy.However, leading figures involved in Britain’s post-2008 drive to prevent a repeat of the financial crisis warned Labour against unpicking bank ringfencing – a key measure introduced after the collapse.Sir John Vickers, the architect of the UK’s ringfencing rules, deployed after the financial crisis to separate high street banking from riskier investment banking, said a wholesale retreat from the reform would be a “very bad idea”.Lord Turner, who took over as chair of the Financial Services Authority during the 2008 crash and played a leading role in the post-crisis redesign of the banking system, also warned the chancellor to proceed with caution
Internet-safe iPhone for children goes on sale for £99 a month
A neutered iPhone, stripped of web browsers and social media apps, is going on sale to parents worried about their children’s phone use, but the “peace and freedom” its creators promise will come at a steep price.The pared-back version of the top-selling handset, which will not allow internet searches, gaming or downloads of Instagram, TikTok, Snapchat and other social media, is being offered in the UK for £99 a month by a US company that wants children to “reconnect with real life, not just reduce screen time”.At more than double the price of a typical two-year iPhone contract, Sage Mobile, an iPhone 16 handset loaded with custom software, will be a pricey way to avoid online harms. But it reflects growing parental dilemmas over the best way to start their children’s digital lives.Research has shown children with problematic smartphone use are twice as likely to experience anxiety and almost three times as likely to experience depression compared with those whose use did not resemble addiction
WeTransfer says user content will not be used to train AI after backlash
The popular filesharing service WeTransfer has said user content will not be used to train artificial intelligence after a change in its service terms had triggered a public backlash.The company, which is regularly used by creative professionals to transfer their work online, had suggested in new terms that uploaded files could be used to “improve machine learning models”.The clause had previously said the service had a right to “reproduce, modify, distribute and publicly display” content, and the updated version caused confusion among users.A WeTransfer spokesperson said user content had never been used, even internally, to test or develop AI models and that “no specific kind of AI” was being considered for use by the Dutch company.The firm said: “There’s no change in how WeTransfer handles your content in practice
India beat England by four wickets: first women’s cricket ODI – as it happened
That’s it from me, Raf’s report from the ground should be along any moment. Thanks for tuning in, goodnight!England Captain Nat Sciver-Brunt speaks:Sophia Dunkley and Alice Davidson-Richards played really, really well. To get to that total from 90-4 was brilliant, but ultimately we didn’t have enough runs.The outfield really dried out through our innings and the second innings, with it being a big field we knew we’d be running quite a lot. 280 would have been a good score
The Itoje legacy: Nigerian roots shaped the Lions captain who has inspired a new generation
It is 2017 and Maro Itoje has just been selected as the youngest member of the British & Irish Lions squad. He is asked for his favourite Lions memory and his response is illuminating. “Ugo Monye scoring his try in the third Test [against South Africa in 2009]. When you’re young and growing up, you look at players that look like you. And, by that, I don’t mean eyes, ears, nose, I mean who have the same skin colour, who you can identify with
Apple inks $500m deal for rare earth magnets with US mining firm
Nothing Phone 3 review: a quirky, slick Android alternative
Elon Musk’s Grok chatbot melts down – and then wins a military contract
AI chatbot ‘MechaHitler’ could be making content considered violent extremism, expert witness tells X v eSafety case
Elmo’s X account posts racist and antisemitic messages after being hacked
Musk’s giant Tesla factory casts shadow on lives in a quiet corner of Germany