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Business Apr 16, 2026

Reed Hastings to Exit Netflix Board After 29 Years

Reed Hastings, co-founder and former CEO of Netflix, is stepping down from the company's board of d…
Reed Hastings, the co-founder of Netflix, is leaving the streaming service's board of directors after 29 years. Hastings will not stand for re-election at the company's annual meeting in June and plans to focus on philanthropy and other pursuits.In a letter to investors, Netflix said Hastings' decision to step down is not a result of any disagreement with the company. The company's stock dropped about 8% on the news of Hastings' departure.Hastings co-founded Netflix in northern California and led it through its pivot from a mail-order DVD company to a leading streaming TV service. He stepped down as CEO in 2023.Netflix reaffirmed its mission to entertain the world, providing movies and series for many tastes, cultures, and languages. The company's full-year financial outlook remained unchanged. Revenue rose to $12.25 billion, an increase of 16% from the year-ago period, modestly exceeding analyst forecasts.The company plans to use technology to improve the user experience and monetization, with advertising revenue on track to reach $3 billion in 2026, a twofold increase from a year ago. Netflix also highlighted areas of future growth, including video podcasts and live entertainment.
#Reed Hastings #Netflix #Warner Bros Discovery
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Technology Apr 16, 2026

UK Prime Minister Pushes for Under‑16 Social Media Ban Amid Growing Safety Concerns

Prime Minister Keir Starmer warned major tech firms that current practices are endangering children…
At a high‑profile meeting in Downing Street, Prime Minister Keir Starmer told senior executives from Meta, Google, TikTok, X and Snap that the status quo "can’t go on like this" and that immediate, tangible steps are needed to protect children online. Government ministers are now weighing a legal under‑16 age restriction for all social‑media platforms, alongside proposals to curb addictive design elements such as infinite scrolling, autoplay videos and push notifications. During the discussion, Starmer urged the tech leaders to act with "more urgency on internet safety for children" and warned that continued inaction places young users at risk. He emphasized that a world where access is limited but safety is ensured is preferable to one where "harm is the price of participation." While the companies present offered no comment, they have already rolled out a suite of child‑safety tools: Meta’s teen‑account option for users under 18, TikTok’s family‑pairing feature that lets parents set screen‑time limits, and compliance with the UK’s Online Safety Act. The legislation obliges platforms to suppress violent, hateful or abusive content and to keep explicit material, self‑harm, suicide and eating‑disorder content off children’s feeds. The government’s child online‑safety consultation has already attracted 47,000 responses. It explores a formal minimum age of at least 16, as well as restrictions on features that encourage endless usage. The consultation closes on 26 May, after which ministers have pledged “swift action” on the findings. In the House of Lords, a peer‑led amendment to the education bill seeks to introduce a default ban, giving ministers a 12‑month window to decide which apps fall under the age limit. Although MPs have rejected the amendment twice, Conservative peer John Nash is pressing to reinstate the clause. Starmer remains cautious about a blanket ban, fearing it could push teenagers onto the dark web or leave them ill‑prepared for responsible digital use at 16. Nonetheless, Australia’s recent nationwide ban has shifted the political calculus: more than 60 Labour MPs signed a letter in January urging the UK to follow suit. Child‑safety advocates are divided. The Molly Rose Foundation, founded after the tragic death of Molly Russell, warns that an under‑16 ban would punish children for industry failures and calls for stronger enforcement of the Online Safety Act instead. Conversely, Esther Ghey, mother of murdered teenager Brianna Ghey, and Children’s Commissioner for England Rachel de Souza support the introduction of smartphones for under‑16s with built‑in social‑media restrictions.
#meta #google #tiktok
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World Economy Apr 16, 2026

UK’s £600 million Bics plan deemed insufficient to revive industrial competitiveness

The British industrial competitiveness scheme (Bics) promises up to a 25% electricity‑bill cut for …
The government touts the British industrial competitiveness scheme (Bics) as "bold action" to sharpen the United Kingdom’s industrial edge, offering up to a 25% reduction in electricity bills for firms operating in eight "modern" sectors of its industrial strategy. Union leader Gary Smith of the GMB immediately challenged the claim, warning that gas‑intensive industries such as ceramics and brickmaking have been "shamefully ignored" and left out of the support package. At a cost of roughly £600 million a year for 10,000 companies, the scheme is widely viewed as a modest drop in the ocean. While the rollout has been broadened from the originally announced 7,000 firms and now includes a back‑dated claim period starting in April 2025, the financial scale remains limited. Eligibility is deliberately intricate: firms must belong to a "frontier" or "foundational" industry and meet strict electrical‑intensity thresholds for specific product lines. Those that qualify receive relief from three policy charges on their electricity bills, including two green levies, amounting to up to £40 per megawatt‑hour. Two broader observations emerge. First, the programme marks the clearest governmental admission to date that the UK’s business energy costs – the highest among developed economies – are eroding competitiveness. The stated ambition is to bring electricity prices for the targeted sectors in line with European averages. Second, policymakers are beginning to untangle the web of levies that inflate bills. The carbon price support mechanism, a charge on generators passed through to consumers, is slated for abolition by April 2028, after it helped phase coal out of the grid. Nevertheless, the £600 million figure underscores a deeper debate about how to fund the energy transition and new grid infrastructure. Countries such as Germany absorb a larger share of policy costs through general taxation to keep industry competitive, whereas the UK has traditionally shifted those costs onto electricity bills. The Bics announcement signals a tentative shift toward rebalancing, but the scale remains modest. In an ideal, fiscally unconstrained scenario, a broader scheme could run into the billions and target a wider swath of industry. Treasury officials, however, remain skeptical that a larger outlay would generate sufficient long‑term growth and tax revenue to justify the expense, a view reportedly shared by Chancellor Rachel Reeves. Ultimately, Bics can be seen as an unsatisfactory stopgap. It acknowledges that soaring electricity prices are a structural problem but confines the remedy to a narrow slice of the economy, leaving the broader competitiveness challenge largely unaddressed.
#government #scheme #industrial
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Sports Apr 16, 2026

Palestinian Football Officials Denied Canadian Visas Ahead of FIFA World Cup Meeting

Three officials from the Palestine Football Association have been denied entry to Canada for a pre-…
Officials from the Palestine Football Association have been denied entry to Canada ahead of a crucial FIFA meeting in Vancouver. The Palestine Football Association had requested FIFA to intervene with Canadian immigration authorities on their behalf.The annual FIFA Congress is set to take place in Vancouver on April 30, serving as an unofficial kickoff to the World Cup, which begins on June 11 in Mexico City. The Palestinian officials had hoped to address the issue of Israeli football clubs playing competitive matches in what the PFA argues is occupied Palestinian territory in the West Bank.Following a submission by the PFA to Congress in 2024 on the issue, FIFA undertook to investigate claims of illegal matches in the occupied territories. However, the report published in March saw FIFA rule it would 'take no action' over the claims. The Palestine Football Association president, Jibril Rajoub, is understood to be one of the three individuals denied a Canadian visa, alongside the PFA's general secretary and head of legal affairs.The decision to deny the officials visas comes amid general concern over access to the World Cup, with travel bans already in place in the United States, affecting Haiti, Iran, Côte d'Ivoire, and Senegal. FIFA President Gianni Infantino has stated that there will be no adverse effects on travel for teams or supporters at the tournament.
#fifa #cup #officials
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Film Apr 16, 2026

Josh O’Connor Delivers a Quiet Triumph in ‘Rebuilding’, a Fire‑Scarred Colorado Drama

In Max Walker‑Silverman’s ‘Rebuilding’, Josh O’Connor portrays Dusty, a Colorado rancher forced to …
Rebuilding opens on a bleak, charred horizon, introducing Dusty (Josh O’Connor), a Colorado rancher whose ancestral land has been reduced to ash by a recent wildfire. A bank official’s blunt refusal to extend a loan underscores the decade‑long bleak outlook for the barren property.Stripped of his home, Dusty relocates to a spartan, government‑funded trailer camp and takes a humbling highway‑maintenance job. The film deepens his personal stakes through interactions with his ex‑wife Ruby (Meghann Fahy), their ten‑year‑old daughter Callie‑Rose (Lily LaTorre), and his ailing mother‑in‑law Bess, portrayed by Oscar‑winner Amy Madigan. A poignant scene shows Dusty ferrying Callie‑Rose to the local library, where they share a shaky Wi‑Fi connection for her schoolwork.Amid the trailer community, Dusty forms a tentative bond with the resilient Mali (Kali Reis), hinting at a potential romance beyond mere friendship. Their collective moments around a campfire evoke the tone of Chloé Zhao’s Nomadland, positioning the film within a growing genre of American stories about displacement and survival.Notably, the narrative avoids direct references to climate change or governmental responsibility, presenting the wildfire as an isolated tragedy rather than a symptom of a broader environmental crisis. This omission mirrors a recurring pattern in U.S. cinema, where the focus remains on personal resilience rather than systemic solutions.O’Connor delivers a nuanced performance, channeling the restrained British sensibility of his earlier work into Dusty’s quiet strength and vulnerability. His portrayal anchors the film’s emotional core, while the supporting cast—particularly Madigan’s compassionate Bess and Reis’s tough‑yet‑tender Mali—adds depth to the community portrait.Rebuilding arrives in UK cinemas on 17 April, offering audiences a contemplative look at loss, renewal, and the fragile ties that bind families and strangers alike.
#his #dusty #who
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Environment Apr 16, 2026

New map reveals UK ammonia hotspots tied to intensive pig and poultry farms

Researchers from Compassion in World Farming and Sustain have released the first map showing the hi…
For the first time, a detailed map identifies the UK’s most severe ammonia pollution hotspots in regions where intensive pig and poultry farms are most concentrated.The analysis, produced by Compassion in World Farming (CiWF) and the environmental group Sustain, shows the highest emission densities in Lincolnshire, Herefordshire and Norfolk. These counties host a large number of confined‑livestock units that drive dangerous levels of ammonia, a nitrogen‑based gas primarily released from animal manure.In the United Kingdom, agriculture accounts for 89% of national ammonia emissions. When released into the atmosphere, ammonia reacts with other pollutants to form fine particulate matter (PM2.5), a leading cause of premature death. The Committee on the Medical Effects of Air Pollutants (COMEAP) estimated that PM2.5 exposure caused between 28,861 and 29,000 early deaths in 2010.The timing of the report is notable: the government is currently reviewing planning regulations that would make it easier to approve new intensive livestock facilities, despite growing concerns over air quality, water contamination and local opposition.Health professionals warn that ammonia‑derived PM2.5 fuels heart disease, stroke, asthma and chronic lung conditions. Dr Amir Khan, a GP and CiWF patron, said, “As a GP, I see first‑hand the toll that air pollution takes on people’s health – and ammonia from intensive farming is a major, yet often overlooked, part of that problem.”Beyond human health, excess nitrogen from ammonia deposition acidifies soils and pollutes rivers. Recent activism in Shropshire halted a proposed poultry megafarm of 230,000 chickens after campaigners argued the council failed to assess the full environmental impact.Rising numbers of industrial poultry units—known as IPUs—along the River Wye and River Severn valleys are identified as a key driver of river pollution. Chicken manure is especially rich in phosphates, which deplete oxygen in waterways and threaten aquatic life.Calculations for the map were based on permitted stocking numbers and average ammonia production factors for different livestock categories, including broiler chickens, indoor egg layers and pigs.Local residents are already feeling the impact. Michele Franks, who lives near a Lincolnshire poultry megafarm, described how shed clean‑outs force her to stay indoors, causing “chest tightness, eye irritation and breathing difficulties” that can last for days.CiWF and Sustain are calling for an end to the expansion of factory farming. Anthony Field, head of Compassion in World Farming UK, warned, “Factory farming sits at the heart of the UK’s ammonia crisis. By cramming large numbers of animals into confined spaces and relying heavily on fertilisers, these intensive systems release far more ammonia than the environment or our bodies can cope with.”
#sustain #lincolnshire #herefordshire
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Economy Apr 16, 2026

Europe Faces Six‑Week Jet Fuel Shortage as Iran Conflict Disrupts Supply Chains

The International Energy Agency warns that Europe has roughly six weeks of jet fuel remaining, with…
Europe is projected to run out of jet fuel in about six weeks, according to the head of the International Energy Agency, raising the spectre of widespread flight cancellations.Fatih Birol told the Associated Press that without a rapid restoration of oil shipments from the Middle East, airlines could soon be forced to drop routes, warning that “some flights from city A to city B might be cancelled as a result of lack of jet fuel.”The shortage stems from the US‑Israel war on Iran, which has snarled global energy markets since the initial strikes in late February. In retaliation, Iran has effectively sealed the Strait of Hormuz, a critical artery for Gulf oil exports.Although a two‑week ceasefire was recently brokered, negotiations to end the hostilities have stalled, leaving the supply disruption unresolved.Meanwhile, Brent crude futures are trading more than 30% above pre‑war levels, intensifying pressure on fuel prices and adding to political scrutiny in the United States.Jet‑fuel shipments that departed before the conflict have largely arrived in Europe, but the remaining reserves are rapidly being drawn down, leaving the continent vulnerable.Airports Council International Europe has warned EU energy and transport commissioners that the region could face fuel shortages within three weeks, echoing industry norms that typically maintain about six weeks of fuel on hand.Birol warned that the situation represents a “dire strait” with serious ramifications for the global economy, noting that prolonged disruption would exacerbate inflation and dampen growth worldwide.The anticipated fallout includes higher petrol, gas and electricity prices, with the impact expected to be uneven across different regions.Airlines are already scrapping marginally profitable routes, especially those without robust hedging strategies, and even carriers with hedged fuel costs may need to reconsider schedules.Despite the broader concerns, British low‑cost carrier easyJet asserted it has sufficient fuel visibility through mid‑May and does not anticipate supply‑related issues in the near term.
#International Energy Agency #Europe #Jet fuel
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News Apr 16, 2026

Hungary’s New Prime Minister-elect Peter Magyar Targets Media Overhaul and Presidential Resignation Amid EU Funding Deadline

Peter Magyar, prime‑minister‑elect of Hungary’s Tisza party, vows to dismantle the state‑media appa…
Peter Magyar, the prime‑minister‑elect of Hungary’s Tisza (Respect and Freedom) party, announced a sweeping media reform plan as he prepares to form a new government following a historic landslide that ended Viktor Orbán’s 16‑year rule. In a televised interview – his first appearance on state TV in 18 months – Magyar accused the public broadcaster of operating as a “propaganda machine” and pledged to suspend news broadcasts on state media until a new legal framework is enacted. He described the current staff of the public broadcaster MTVA as having worked under “total intimidation and political terror,” and vowed to establish a new media law, an independent media authority, and professional standards that would restore genuine public‑service journalism. During the same appearance, Magyar confronted President Tamas Sulyok, labeling him “unworthy to embody the unity of the Hungarian nation” and demanding his resignation once the new cabinet takes office. Beyond the political overhaul, Magyar faces a pressing fiscal challenge: more than €16 billion ($19 bn) of EU COVID‑19 recovery funding remains frozen over rule‑of‑law disputes, with an end‑of‑August deadline to meet Brussels’ conditions or risk losing the money. The incoming premier said he has already spoken with European Commission President Ursula von der Leyen and will begin informal consultations before the formal government is sworn in in May. Magyar outlined four priority reform areas: anti‑corruption measures, accession to the European Public Prosecutor’s Office, restoration of judicial independence, and the revival of media and academic freedoms. Analysts caution that entrenched Orban loyalists within key institutions could complicate the reform trajectory. These moves signal a decisive break from the previous administration’s media consolidation—where a pro‑Orban conglomerate now controls over 400 outlets—and set the stage for Hungary’s next chapter in both domestic governance and its relationship with the European Union.
#media #magyar #hungary
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Sports Apr 15, 2026

Prosecutors Accuse Maradona’s Doctors of Fatal Negligence as Homicide Trial Begins

Argentina’s prosecutors have opened a new homicide trial against seven members of Diego Maradona’s …
Argentina’s justice system has reopened the case surrounding the death of football icon Diego Maradona, with prosecutors branding his medical team as “a bunch of amateurs” who missed a critical window to save him.The trial of seven healthcare professionals—doctors, psychologists and nurses—resumed on Tuesday in San Isidro, a suburb of Buenos Aires, after the original proceedings were annulled when a presiding judge was found to have participated in a documentary about the case.Maradona, who died in November 2020 at age 60 while recuperating from surgery for a brain clot, is alleged to have suffered from heart failure and acute pulmonary edema two weeks post‑operation. Prosecutor Patricio Ferrari asserted that the patient began to deteriorate 12 hours before his official death and that a timely transfer to a clinic could have prevented the fatal outcome.According to the indictment, the defendants’ decision to keep Maradona at home rather than in a hospital, coupled with a series of “omissions” described as “cruel,” constitutes homicide with possible intent. If convicted, each could face prison terms ranging from eight to 25 years.The new proceedings, expected to conclude by July at the earliest, will hear testimony from roughly 120 witnesses. Among the accused, former team doctor Leopoldo Luque and other staff members will be scrutinized for their role in the athlete’s care.Maradona’s family—daughters Dalma, Gianinna and Jana, and former partner Veronica Ojeda—attended the hearing, urging the courts to deliver “justice for Diego” and allow the legend to “rest in peace.” Outside, about 50 supporters waved Argentine flags and signs demanding accountability for the beloved “D10s.”Defense counsel Vadim Mischanchuk argued that the former star’s death resulted from a “progressive decline in his health” rather than medical malpractice, emphasizing that the condition was natural and unavoidable.Legal analyst Fernando Burlando, representing the Maradona family, highlighted the absence of a stethoscope on the legend’s chest during the critical two‑week period, using the instrument as a stark symbol of alleged negligence.The case revives national grief that first erupted when Maradona’s body lay in state at the presidential palace, drawing tens of thousands of mourners amid the COVID‑19 pandemic.
#Diego Maradona #Argentine prosecutors #homicide trial
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