AI boom adds more than half a trillion dollars to wealth of US tech barons in 2025

A stock market boom in artificial intelligence companies has added more than half a trillion dollars to the wealth of America’s tech barons in the past year, data shows.The top 10 US founders and bosses of some of the world’s largest technology companies saw their finances swell to nearly $2.5tn, up from $1.9tn, in the year to Christmas Eve, according to figures from Bloomberg.Elon Musk, already the world’s richest man, has again proved to be one of biggest winners as the AI gold-rush has pushed US stock markets to record highs

VIP viewing: cinemas bet on luxury bars and beds to usher in a new film era

From champagne coolers to front row VIP beds, cinema owners are investing heavily in premium experiences as the industry gets its box office mojo back.As the third instalment in James Cameron’s blockbuster Avatar series pulls in the Christmas holiday crowds, the UK box office is expected to surpass £1bn in 2025 for the first time since before the global Covid pandemic.Amid financially testing times – with the pace of a hoped-for box office recovery derailed by the Hollywood actors’ and writers’ strikes – cinema owners have focused on reinventing the movie-going experience to win back film fans.“We are rolling out 200 of our Ultra Lux seats, which have a built-in champagne or wine cooler, each day across Europe,” says Tim Richards, chief executive and founder of the Vue cinema chain. “Our ‘worst’ seat in the house is a leather recliner, and it is amazingly comfortable

‘Undermines free speech’: Labour MP hits back at US government over visa ban on UK campaigners

A senior Labour MP has accused the Trump administration of undermining free speech after Marco Rubio, the US secretary of state, announced sanctions against two British anti-disinformation campaigners.Chi Onwurah, the chair of parliament’s technology select committee, criticised the US government hours after it announced “visa-related” sanctions against five Europeans, including Imran Ahmed and Clare Melford.Ahmed leads the Center for Countering Digital Hate (CCDH), while Melford is chief executive of the Global Disinformation Index (GDI), both of which have clashed directly with Elon Musk, the owner of X and a former adviser to the US president.Onwurah said on Wednesday: “Banning people because you disagree with what they say undermines the free speech the administration claims to seek.“We desperately need a wide ranging debate on whether and how social media should be regulated in the interests of the people

Visa ban for European critics of online harm is first shot in US free speech war

For Maga politicians, European tech regulation hits hard in two areas: at the economic interests of Silicon Valley and at their view of free speech.The action against five Europeans who are taking on harmful content and the platforms that host it has had an inevitable feel to it, given the increasingly vociferous reactions to the EU’s Digital Services Act (DSA) and the UK’s Online Safety Act (OSA). Both pieces of legislation require social media firms to protect users or face the threat of sizeable fines. Indeed, Elon Musk’s X has been fined €120m (£105m) this month for breaching the DSA.These acts are prime examples of what US Republicans see as an anti-free speech culture on the other side of the Atlantic

Harry Redknapp’s The Jukebox Man wins epic King George VI Chase: racing from Kempton – live

What a great race for the King George and how dare the Jockey Club think of moving the great race. The decision would be shameful for racing, as Greg Wood made clear here. Meanwhile myself and Greg will be back here for the Saturday racing which includes the Welsh Grand National. See you then!Harry Redknapp wins a thrilling King George with The Jukebox ManThe Jukebox Man, carrying the colours of the high-profile former Premier League manager Harry Redknapp, came out on top in an epic renewal of the Ladbrokes King George VI Chase at Kempton Park.A quality field of eight assembled for the Boxing Dayhighlight, with the Willie Mullins-trained pair of Gaelic Warrior and Fact To File joined at the head of the betting by Nicky Henderson’s recent Ascot winner Jango Baie

Duckett and Bethell were dangled out to dry by failings of a slack setup | Barney Ronay

Guess who just got back today? Those wild-eyed boys that had been away. This was a day of brittle, over-caffeinated cricket, on an MCG pitch streaked with faint green ridges. But it was also a day when the boys were, however briefly, back in town.Ben Duckett and Jacob Bethell have been the two protagonists in the grainy, Zapruder-style footage from England’s six-day, mid-series jig-about by the sea. True to apparent recent form, both were here for a good time not a long time as England were bowled out for 110 in 29