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San Diego Padres reportedly set for MLB-record $3.9bn sale to Chelsea co-owner

1 day ago
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The San Diego Padres are nearing a sale to a group led by José E Feliciano, co-founder of private equity firm Clearlake Capital and co-owner of Chelsea FC, and his wife, Kwanza Jones, for a Major League Baseball-record $3.9bn, according to multiple reports.The Wall Street Journal and the Athletic reported on Friday that the group was closing in on a deal.The sale requires approval by 75% of MLB’s 30 owners.The reported price would surpass the $2.

42bn Steve Cohen paid for the New York Mets in 2020.Everton owner Dan Friedkin, Detroit Pistons owner Tom Gores and Golden State Warriors owner Joe Lacob were the other reported finalists.The deal would mark the end of a contentious process that began when the Seidler family, who have owned the Padres since 2012, announced in November they were exploring a sale of the team.After the death of chair Peter Seidler in 2023, his widow Sheel Seidler sued her brothers-in-law to in an attempt to prevent another brother, John, from taking control of the team instead of her.Sheel Seidler dismissed the bulk of her claims earlier this year, and John Seidler currently serves as San Diego’s control person.

Feliciano, whose net worth is an estimated $3.9bn, and Clearlake Capital own more than 60% of Chelsea.The ownership group also includes Mark Walter, Todd Boehly and Hansjorg Wyss.The Padres have made the playoffs in four of their last six seasons and reached the National League Championship Series in 2022.The record sale price is likely to be a talking point in baseball’s upcoming labor negotiations.

The collective bargaining agreement expires 1 December,The owners are expected to push to implement a salary cap, but the MLB Players Association has argued that franchise valuations are continuing to rise without a cap,The average MLB franchise is worth $2,95bn, up 13% year-over-year, according to valuations released last month by CNBC,The New York Yankees led at $9bn, followed by the Los Angeles Dodgers ($8bn), who are co-owned by Boehly and Walter.

The most recent sale of an MLB team was the Tampa Bay Rays last year for $1.7bn.
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US tech firms successfully lobbied EU to keep datacentre emissions secret

Microsoft and other US tech companies successfully lobbied the EU to hide the environmental toll of their datacentres, an investigation has found, with demands to block a database of green metrics from public view written almost word for word into EU rules.The secrecy provision, which the European Commission added to its proposal almost verbatim after industry lobbying in 2024, hinders scrutiny of the pollution that individual datacentres emit. It leaves researchers with just national-level summaries of their energy footprints.The rise of AI chatbots has spurred a boom in the construction of chip-filled warehouses with a hunger for power that is being met, in part, by burning fossil gas. Legal scholars warn the blanket confidentiality clause may fall foul of EU transparency rules and the Aarhus convention on public access to environmental information

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Liz Kendall urges UK public to embrace AI as government makes first £500m fund investment

The UK technology secretary has urged the country to “make AI work for Britain”, brushing off fears about its impact on jobs and cybersecurity as the government announced its first investment under a £500m sovereign AI fund. Liz Kendall said the UK had to “seize” the opportunity offered by AI despite concerns underlined this month when US startup Anthropic revealed it had developed an AI model that posed a potentially significant cyber threat. Asked how the government makes the case for embracing a technology that could disrupt jobs and now cybersecurity, Kendall said: “We have to seize this to make it work, for Britain, for our jobs, for solving the biggest challenges we face as a world.”Speaking on Thursday as the government unveiled its first investment in a UK company as part of a £500m sovereign AI fund, Kendall acknowledged “people are worried about the risks and what it means for their jobs”, but AI entrepreneurs also believed they can “make it work … they can create jobs”.In January Kendall admitted “some jobs will go” as AI automates certain tasks and roles, but it would also create new employment opportunities

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‘How do I end a call?’: the elderly Japanese people determined to master smartphones

It’s not only young people whose gaze is fixed on tiny screens. But for these users in Tokyo, clicking and scrolling is anything but second nature.“I can’t deal with all of the apps that jump out at me,” says one. “How do I know if I’ve definitely ended a call?” asks another.They are common concerns among the four women and one man attending a beginner’s smartphone class at a public facility for older residents in Nerima in the Japanese capital’s north-west suburbs

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Labour and Lib Dem MPs demand ‘shameful’ Palantir NHS contract be scrapped

MPs have queued up to demand the government scraps its £330m NHS contract with the spy-tech company Palantir, calling it “dreadful” and “shameful” in a debate on Thursday, after which the government said it was “no fan” of the US company’s politics.Labour and Liberal Democrat MPs led the calls for Palantir, which also works for Donald Trump’s ICE immigration crackdown and the Israeli military, to be removed as a supplier to the NHS federated data platform (FDP), with one Labour backbencher, Samantha Niblett, questioning whether it could be “trusted as a custodian of the intimate health records of tens of millions of British citizens”.The Lib Dem MP Luke Taylor, who called the deal “shameful”, said: “Palantir and Peter Thiel must have their hands ripped off of our NHS before it is too late.”Thiel, a Trump-supporting tech billionaire, founded the company and has previously said that democracy and freedom are incompatible.In response to the MPs who spoke in a Westminster Hall debate, the government confirmed it would consider whether to continue with the deal when a break clause is due in spring 2027, although £210m of the £330m has already been spent

2 days ago
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Man used AI to make false statements to shut down London nightclub, police say

A businessman has pleaded guilty to making false statements in order to shut down a nightclub, which police believe were generated using AI.A Metropolitan police source said the use of AI to generate letters by complainants who do not exist is a growing issue.Aldo d’Aponte, 47, the CEO of Arbitrage Group Properties, pleaded guilty to writing two letters, supposedly by his neighbours, objecting to the reopening of Heaven nightclub, which temporarily closed after a rape allegation against one of its security guards.D’Aponte was given a 12-month conditional discharge and ordered to pay £85 costs and a £26 victim surcharge.Heaven, an LGBTQ nightclub in central London had its licence suspended in November 2024 after a 19-year-old woman accused a bouncer of rape

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NAACP lawsuit accuses Elon Musk’s xAI of polluting Black neighborhoods near Memphis

A new lawsuit accuses Elon Musk’s artificial intelligence company of illegally spewing toxic pollutants into residential neighborhoods on the border of Tennessee and Mississippi.The suit, filed on Tuesday in Mississippi federal court, alleges xAI is violating the Clean Air Act due to emissions from its makeshift power plant in Southaven, Mississippi, which powers its datacenter there. The NAACP, represented by the environmental groups Southern Environmental Law Center and Earthjustice, says xAI has been polluting areas with homes, schools and churches, including in historically Black communities, by using dozens of methane gas generators without permits.The organization is seeking to force the company to stop operating its unpermitted turbines in Southaven.“A data center should not be a potential death sentence for a community’s health,” Abre’ Conner, the director of environmental and climate justice for the NAACP, said in a statement

3 days ago
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How to turn old bread into a brilliant Italian cake – recipe | Waste not

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Roast chicken, cheesy scones and a genius cocktail: Ravinder Bhogal’s recipes for cooking with lime pickle

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Vegemite is recognised globally – but how many people know Milo was invented in Australia?

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José Pizarro’s recipe for nettle (or wild garlic) and goat’s cheese tortilla

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Gone from shop shelves, but not forgotten | Letters

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