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Sarah Taaffe-Maguire, business and economics reporter
Jun 1
Anthropic becomes latest AI company to go public in once in a generation moment for Wall Street

Artificial intelligence (AI) giant Anthropic has taken the first steps to be publicly listed, meaning its shares are traded through a stock exchange and can be bought more easily. Money blog: Two major banks slash mortgage interest rates Such a move, called an initial public offering (IPO), would also mean greater transparency over Anthropic's finances, with the company legally obliged to publish certain financial data. Whether the company is profitable or not will be revealed for the first time. The move will make for "the most scrutinised public offering in tech history", according to Harrison Rolfes, the senior late-stage company research analyst at financial data and research platform PitchBook. It comes at a moment when other AI majors, which are core drivers of US economic growth, are eyeing similar moves and marking a once-in-a-generation fundraising opportunity for investors, professional service providers and the corporates themselves. Anthropic joins Elon Musk's AI, space and internet-providing company SpaceX in announcing plans to IPO, which is set to be the largest in Wall Street history. The maker of AI chatbot ChatGPT, OpenAI, is also reportedly looking to go public, as it is one of the biggest beneficiaries of the billions poured into adopting and investing in AI technology. By going public, companies can become more valuable, have greater access to funding and grow even larger. Lots unknown A statement from Anthropic said it had confidentially submitted a draft registration statement for an IPO with the US market watchdog, the Securities and Exchange Commission (SEC). "This gives us the option to go public after the SEC completes its review," Anthropic said. "The proposed initial public offering will depend on market conditions and other factors." It added that the number of shares to be offered and the price have not yet been set. That means the size and timing of the IPO have not been set. What is Anthropic? The company is only five years old, having been founded in 2021 by a group of former OpenAI employees. It's headed by Dario Amodei, who, along with his sister Daniela Amodei, left OpenAI over ethical and safety concerns. But Anthropic has since overtaken OpenAI, becoming more valuable through its latest funding round, which saw it valued at $900bn, according to reports. Anthropic was in the headlines in March as it took on the US Department of Defence and was blacklisted by the Trump administration over its refusal to allow unfettered access to its technology for military purposes. It's also the creator of a large language model called Mythos, which is viewed by cyber security experts ​as posing significant challenges to the banking industry ‌and its legacy technology systems due to its ability to find vulnerabilities, prompting a series of warnings from regulators and ​policymakers around the world.

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No Writer
May 30
Kanye West banned from performing in Italian city

The US rapper had been due to perform in the city of Reggio Emilia this summer. But local official ‌Salvatore Angieri ordered its cancellation because of concerns over the potential for protests, with West, known as Ye, having faced a wave of cancellations following years of antisemitic remarks. The northern city has also banned a concert from Travis Scott, another American rapper. Scott has faced scrutiny over safety at his concerts since ​a 2021 crowd crush at the Astroworld festival in Houston, Texas, that killed 10 people and injured hundreds. He had been due to perform at the Pulse ​of Gaia Festival on 17 July at the 103,000-capacity ⁠RCF Arena, with West scheduled to appear ⁠the following day. Angieri said the decision was taken following requests from a consumer group and the Jewish community ‌in Modena and Reggio Emilia, which had raised concerns about West. Italian authorities cited the close timing of the two shows and the high influx of ‌spectators expected within 24 hours as factors behind the ban. They also pointed to the cancellation of other West concerts in Europe, and the "concrete risk" of protests. This year's Wireless Festival was cancelled in April after West was blocked from coming to the UK. The ban was announced as his presence would "not be conducive to public good" after a backlash over West being booked to headline all three nights of the London event. In response, West offered to meet members of the British Jewish community. Read more from Sky News:Trump hits out at Kennedy Center ruling'Redaction errors' in Epstein files release Later that ​month, a concert in Poland was cancelled, and he also postponed a Marseille show after reports that the ​French government had sought to block it. West has apologised for his past remarks, saying they were linked to untreated bipolar disorder. He said in January: "I am not a Nazi or an antisemite. I love Jewish people". West is set ​to hold concerts in the Netherlands next month after its migration ​minister said there were no legal grounds to deny him entry. Dutch politicians had urged the ​government to bar West, citing his past remarks and expressions of admiration for Nazism and Adolf Hitler. Scott and West have been contacted for comment.

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No Writer
May 30
AUKUS nations to develop underwater drones through defence pact

Defence leaders from the US, Britain and Australia met in Singapore on Saturday to discuss plans to "step on the accelerator" and progress the development of cutting-edge military technologies. The security pact will see Australia acquire a new fleet of nuclear-powered submarines to patrol the Pacific Ocean in a bid to counter China's expansion in the region. Under "pillar two" of the agreement, the countries will collaborate to develop advanced defence technology, including quantum ‌computing, undersea, hypersonic, artificial intelligence and cyber technology. AUKUS, which was formed by the three countries in 2021, is part of their efforts to push back against China's growing power in the Indo-Pacific ‌region. China has called the AUKUS pact dangerous and warned it could spur a regional arms race. Standing beside UK Defence Secretary John Healey and Australian defence minister Richard Marles on the sidelines of the Shangri-La conference, Mr Hegseth said the new unmanned vessels would boost the pact's power. "The signature project will deliver ​a suite of highly adaptable multi-mission UUV (uncrewed underwater vehicle) payloads designed to support undersea operations and maintain our collective ​advantage in the maritime domain," Mr Hegseth said. Mr Healey said the UUVs would strengthen all three countries' ability to respond to threats, including adversaries targeting underwater cables and pipelines. "This will rapidly give our forces the very most advanced battlefield technologies as together we produce a range of cutting-edge sensors and weapons ⁠systems for undersea drones," he said. He added: "For too long in AUKUS, we talked too much and delivered too little." The event marked Mr Hegseth's second time addressing the forum, hosted by the International Institute for Strategic Studies. His address last year drew criticism from Beijing after he warned of the threat posed by China, particularly its stance towards Taiwan. Read more from Sky News:Four trapped in flooded cave in Laos pulled to safetyCanadian who admitted aiding ‌suicide won't face UK justice In his speech at this year's conference, Mr Hegseth said China could not be allowed to dominate the region. "There is rightful alarm regarding China's historic military build up and the expansion of its military activities in the region and beyond," he said. "We share a clear-eyed assessment of that security environment and a mutual understanding that a Pacific dominated by any hegemon would unravel the regional balance of power and undermine the equilibrium we all seek to preserve." Addressing the forum after Mr Hegseth, Mr Marles said that while the international rules-based order is not perfect, the "task before us, all of us, including the great powers, is the renovation of that order, not its dismemberment". "When the rules apply, smaller states have agency," he said. "When the rules yield to power, sovereignty becomes, as others have put it, the purview of the powerful, and no state in this room today, whatever its size, is well served by that outcome."

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No Writer
Jun 1
Spygate latest: Southampton boss Tonda Eckert 'loved' information gathered when intern spied on opponent, panel's written reasons reveal

The detail is among many in the written reasons released following the League Arbitration Panel's decision to dismiss Southampton's appeal against their punishment for 'Spygate'. Southampton admitted spying on Oxford, Ipswich and Middlesbrough during the 2025/26 season. They were thrown out of the play-offs - with Boro reinstated - and deducted four points next season. Got Sky? Watch Sky Sports LIVE on your phone📱No Sky? Stream with no contract on NOW📺Championship, L1 & L2 26/27 season - key dates and fixtures day Saints' conduct was described as a "contrived and determined plan from the top down". The panel added: "A reprimand is considered appropriate because of the way in which junior members of staff were put under pressure to carry out activities which they felt were, at the least, morally wrong." 'You legend - manager loved it' The first incident Saints were punished for occurred before their Boxing Day defeat at Oxford, who had recently sacked Gary Rowett and replaced him with Craig Short. A junior analyst intern was sent to watch Oxford training, from where he sent updates, photos and videos to Southampton coaching staff. He received a message saying: "You legend. Manager loved it." Eckert said he did not view the footage and it had no impact on his preparation for a game Saints lost 2-1. Of being asked to carry out the task, the intern said: "I didn't really have an option and wasn't provided an opportunity to say no. I was an intern and was doing what I was told." Analyst asked for Eastleigh kit to watch Ipswich training The same intern expressed concern at being asked to observe Ipswich's training before their draw with Southampton in April - when both sides were competing for automatic promotion to the Premier League. He was told "the boss is adamant that someone needs to go". Ipswich trained at Eastleigh ahead of their game against Southampton - with a Saints analyst asking if they could be provided with Eastleigh kit if they were to watch their Championship opponents train. Footage of the entire Ipswich training session was sent back to Southampton. Eckert said he thought someone at Eastleigh had provided the footage. Intern deleted LinkedIn after being caught at Boro Southampton's actions were revealed when the intern was caught spying on Boro's training session ahead of their play-off semi-final. Eckert wanted to know if Hayden Hackney, Boro's influential midfielder, was available for the game. Flights and accommodation were booked for the intern, who was also shown drone footage of Boro's training ground. He again expressed concern about being asked to spy on an opponent. The intern sent three videos from Boro training to his colleagues - which were passed to Eckert - from his position behind a tree just outside Boro's training ground, before he was approached by four people. The intern "rapidly" moved away, but was caught and asked to remove the footage - which he did. The intern then changed his clothes at the nearby golf club, and deleted his LinkedIn profile as he was worried Boro would discover his identity. An analyst suggested Saints' media team should take down images on their platforms of manager of the month awards received by Eckert as the intern could be identified in the background. Eckert said the footage gathered at Boro was of poor quality and no use to him. The written reasons detail how analysts felt pressure to carry out jobs asked of them as a colleague had lost their job earlier in the season. The intern was concerned for his job prospects if he did not carry out the tasks, adding he felt pressure from the coaches due to criticism of the information he gathered at Oxford. Another analyst told a colleague: "I said all along I was never happy about it all and it wasn't right, but no one listened to me!" 'Wish this had been managed differently' - Saints statement in full On Monday evening, Southampton released a statement saying they "wish this had been managed differently from the outset". The statement read: "Southampton Football Club notes today's publication by the Arbitration Panel of the written reasons behind our unsuccessful appeal of the sanctions the Disciplinary Panel previously imposed on us in the EFL proceedings. "We accept that the club breached the relevant regulations and we recognise that the disciplinary bodies were entitled to conclude that proof of sporting advantage was not necessary in order to establish a serious offence. "The club accepts that aspects of our initial response to the situation were not treated with the level of scrutiny they required at the time. In hindsight, we wish this had been managed differently from the outset and this represented an error of judgement for which we take responsibility. "Despite this, we are happy with the way in which we admitted the charges and offered our full cooperation and honesty once the formal EFL investigation process had started." "We also note that the club was judged against the very highest standards of integrity and good faith. That is entirely proper. "What is harder to accept is that similar scrutiny does not appear to have been applied to the composition of the disciplinary panel itself, given the apparent historic and indirect connections of two panel members to Middlesbrough. "While those connections do not by themselves prove bias, they plainly raise legitimate questions about consistency, perception and the standards of independence expected in proceedings of this magnitude. "The club is also concerned by the weight placed on assertions that junior staff were pressurised into involvement, when some of the most serious allegations appear not to have been supported by direct evidence. "That said, junior employees should never have been placed in a position where they felt under pressure, and the club accepts responsibility for that failure of leadership and oversight. "This case has ultimately been decided on the basis that breach and attempted breach were enough, regardless of whether any sporting benefit was actually obtained. "In fact, at no stage was there any finding that the club actually obtained any sporting advantage as a result of the conduct in question. That is a severe interpretation but one the disciplinary authorities were entitled to adopt under the rules as written. "Southampton Football Club will now reflect carefully on the published reasons, review its internal processes and ensure that governance, oversight and decision-making procedures are strengthened as a result. "Our responsibility now is to acknowledge what has happened, take ownership of the lessons it brings, and use this experience to strengthen our judgement, discipline, and integrity moving forward together as a club." The EFL told Sky Sports News it does not wish to comment on the matter any further.

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No Writer
Jun 1
Serena Williams confirms return to competitive tennis aged 44 with Queen's Club wildcard

The American star has confirmed she will compete at the HSBC Championships at Queen's Club in west London, which begins on 8 June, as a wildcard entry into the women's doubles draw. The 23-time Grand Slam champion last played on the WTA Tour in September 2022, when she retired from professional tennis following a third-round loss at the US Open. Williams, who will be paired with Canada's Victoria Mboko, said: "Queen's ⁠Club feels like the perfect ‌place to begin this next chapter. "Grass ‌has given me some of the most meaningful moments of ⁠my career, and ​I'm excited to ​be back ​competing on one of ⁠the sport's most iconic stages." ⁠ Williams, who played her first professional match in 1995, had fuelled rumours of a return after re-entering the sport's anti-doping pool last year. The seven-time Wimbledon champion intensified those rumours even further by playfully dodging questions in an interview with NBC. Serbian tennis star Novak Djokovic had suggested she could target Wimbledon for a comeback, while her former coach Rick Macci claimed she was going "all out" in training to prepare for a return. Her sister, Venus Williams, who is 15 months older than Serena, is still playing and competed at the Australian Open in January as a wildcard. Read more:Kevin Keegan reveals stage four cancer treatmentRugby league legend John Kear dies 'suddenly' Following Serena's US Open defeat, she avoided using the word retirement and instead said she was "evolving away" from tennis. Williams teased Monday's announcement with a social media post that contained a video with the caption: "Good news travels fast." She gave birth to her second daughter in 2023 and had appeared absorbed with life away from the court as a mother and businesswoman. But videos emerged on social media of Williams back in training on court. Tournament director Laura Robson added: "Serena Williams is one of the greatest athletes the world has ever seen, and we're delighted that she will be making her return to tennis at the LTA's HSBC Championships." It remains to be seen if Williams will expand her return to compete in singles again. The first batch of wild cards for Wimbledon, which begins on 29 June, will be announced in the week of 15 June.

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No Writer
May 31
Donald Trump makes Elvis Presley claim as he floats 'major speech' after artists pull out of birthday concerts

The summer shows in Washington DC were planned as part of The Great American State Fair, which is being staged to commemorate the country's 250th anniversary. However, a number of artists, including Martina McBride, Bret Michaels and the Commodores, have dropped out of the celebrations, which are being organised by the Freedom 250 group. It is described as a "non-partisan" organisation, but was launched last year by Mr Trump and is headed by Keith Krach, a first-term Trump appointee for the State Department. 👉 Follow Trump100 on your podcast app 👈 On Friday, ​Michaels, the lead singer of the rock band Poison, ⁠became the fifth performer to withdraw ⁠from the concerts. In an Instagram post, Michaels wrote that he had thought his show would be a chance to "honour our veterans, active military, first responders, teachers and hardworking Americans from all walks of life". But he concluded that the event had "evolved into something much more divisive". The withdrawals have seemingly prompted a rethink, and on Saturday Mr Trump floated the idea of an "America is back rally" in a post on Truth Social, suggesting that he is a bigger draw than the late Elvis Presley "in his prime". Trump wrote: "I am thinking about bringing the Number One Attraction anywhere in the World, the man who gets much larger audiences than Elvis in his prime, and he does so without a guitar, the man who loves our Country more than anyone else, and the man who some say is the Greatest President in History (THE GOAT!), DONALD J. TRUMP, to take the place of these highly paid, Third Rate 'Artists,' and give a major speech, rallying the Country forward like I have done ever since being President!" He added: "I am ordering my Representatives to look at the feasibility of doing an AMERICA IS BACK Rally on Wednesday, Washington, D.C., same time, same location. "Only Great Patriots invited - It will be a Wild and Beautiful Celebration of America!" Read more from Sky News:US treasury prepares Trump $250 bill'Errors' made in Epstein files release Mr Trump also lashed out after a federal judge who ordered the removal of his name from the Kennedy Center in Washington. He branded US District Judge Christopher Cooper an "an anti Trump Hater" - and predicted that the performing arts venue he wanted to close for a two-year overhaul would "soon" shut, "probably never to open again".

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No Writer
Jun 1
Lawyers for ousted BP chair demand answers over sacking | Mark Kleinman blog

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Jun 1
World Cup 2026: England boss Thomas Tuchel has 'full belief' his side can mount serious challenge to win tournament

The head coach has told Sky Sports News that the recent conversations he has had with his players have left him convinced about their readiness to compete in the latter stages of the tournament, and the widespread unity in the squad. Both factors, he believes, are vital if they are to put a second star on the England shirt. The majority of Tuchel's flew to Miami on Monday evening to begin a 10-day hot weather acclimatisation camp to prepare them for what is to come. World Cup 2026 fixture schedule and UK kick-off timesEngland's fixtures and routes to 2026 World Cup finalWorld Cup kits revealed! "When I reconnected with the games and built our training sessions and meetings to reconnect the team in Florida with what we have built already, I saw a lot of quality," Tuchel told Sky Sports News, before flying out to the US. "That instantly gave me the full belief and excitement that we can go a long way. "Then things like the difficult phone calls, big phone calls, positive phone calls and the reaction of the players, it tells you that we have a connection already. "It tells me the players care and they care so much. We had beautiful, touching reactions, even from players who were not called up and they were wishing us all the best. The way they reacted tells me we are on the right way and that gets me personally excited to be close. "I can't wait to get on the plane, look over my shoulder, finally have a team behind me and arrive in Florida and do what I love the most, which is be a coach." Tuchel: Heat a factor but not an excuse Twenty-one of the 26-man squad are joining up from a variety of locations, meeting in West Palm Beach to begin their pre-tournament training camp. A number of those players have been holidaying in the US and Caribbean since the end of the Premier League season, with Tuchel's recommendations ringing in their ears about the importance of acclimatising quickly to the temperatures and the different time zones. England's coaching staff, together with the FA's sports scientists, have been planning for more than 12 months for the gruelling conditions that the players will have to deal with in North America, and possibly Mexico too in the knockout stages. In Barcelona last June, the FA built specialist heat chambers to replicate what lies ahead, where temperatures are expected to reach the high-30s Celsius at times, with a stifling humidity of around 75 per cent. While in Spain, the players were asked to swallow biometric tablets so that the FA specialists could monitor their internal temperatures and other key data as they exercised almost to the point of exhaustion. Every player was then ranked in terms of their ability to recover quickly. The FA has also sought advice from a variety of other British sports teams, who have encountered similarly brutal conditions during international competitions. Tuchel has acknowledged that the heat will be a major challenge for England, but is refusing to allow that to become an excuse. 'Conditions are an obstacle to overcome' "The conditions are not our biggest enemy but it is not to our advantage after a long and very demanding season for our players," Tuchel said. "We are not used to being in this kind of heat and humidity, and even altitude if we play in Mexico. "There will be a lot of challenges in this World Cup. The heat is one of them but we are prepared already. "We know the individual reaction of the players to the heat and we have cooling strategies in place. "We've had help from Team GB and specialists all over the world to come up with solutions that help the players to adapt. "We know exactly the amount of time we want to expose them in pre-camp, the ideal amount of time that you should train in the sun and that we also don't do too much. "Then the reality is that the first game [against Croatia on June 17) is indoors and the air conditioning is on, so it should not be a problem. From there, we have to adapt. "It is a factor but it should not come across that we are already making excuses. It's just not in our favour and it is an obstacle to overcome." Arsenal players given more time off after CL final defeat The four Arsenal players involved in Saturday's Champions League final will not join up with their England team-mates for several more days. Tuchel has decided that Bukayo Saka, Declan Rice, Noni Madueke and Ebere Eze should be given some extra time off to recover. Expect those players - along with Dean Henderson who featured in Crystal Palace's Europa Conference League triumph - to miss Saturday's friendly match against New Zealand in Tampa, but to be fully in the fold in time for the final friendly against Costa Rica four days later in Orlando. In the meantime Alex Scott, Ethan Nwaneri, Rio Ngumoha, Josh King and goalkeeper Luke Steele will train with the wider squad to give Tuchel and his coaching staff a full complement of players on the training field. 'England land in Miami, an extraordinary sight' Sky Sports News' Rob Dorsett in Miami: "England have arrived in Miami as they bid to end 60 years of hurt. To see the plane come out of the sky and land was quite a sight after their nine-hour journey. It was an extraordinary moment. "I wonder what is going through the minds of the players and Thomas Tuchel as it all starts now. The England team will receive a special escort through the airport - very different to the way we came through Miami airport with the baggage checks and passport control. The England players are being treated like VIPs and are being taken to a luxury resort about 10 minutes away, which is home for the next nine days. Their bid to win the World Cup starts now."

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