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The UK economy demonstrated resilience with a 0.5% growth in February, surpassing the 0.1% forecast by economists. This growth was primarily fueled by a strong performance from the services sector and manufacturing, both of which posted 0.5% growth, and a recovery in construction output, which was up 1%.The Office for National Statistics (ONS) reported that the economy had been gaining momentum before the Iran war dashed hopes of recovery. The growth in the three months to February was 0.5%, up from 0.3% in the three months to January, indicating strengthening growth.Grant Fitzner, the ONS chief economist, noted that growth was driven by broad-based increases across services, with wholesaling, market research, hospitality, and publishing performing well. The recovery of Jaguar Land Rover from a cyber-attack also contributed to the improving three-monthly picture.However, economists have downgraded forecasts for UK growth in 2026 due to soaring oil and gas prices resulting from the Iran war. Business and consumer confidence have declined sharply, and investors believe interest rates may have to rise to restrain the inflationary impact of the war.Martin Beck, chief economist at WPI Strategy, warned that February's growth might be the calm before the storm, with the conflict in the Middle East likely to drag overall Q1 growth down. Suren Thiru, chief economist at the ICAEW, also predicted that March would see a decline in economic activity due to skyrocketing fuel prices and supply chain chaos.

In a landmark decision, a Manhattan federal jury determined that Live Nation and its Ticketmaster subsidiary wield a monopolistic grip on major concert venues across the United States. The four‑day deliberation ended Wednesday with a finding that the ticket‑selling platform had overcharged buyers by $1.72 per ticket, a figure that will now be used by a judge to calculate total damages. The case, originally spearheaded by the federal government and later joined by dozens of states, accused Live Nation of leveraging its extensive venue network to stifle competition. Plaintiffs argued that the company barred venues from using alternative ticket sellers and retaliated against those that attempted to do so. Attorney Jeffrey Kessler, representing the states, called Live Nation a “monopolistic bully” that inflates prices for concertgoers. He cited the company’s control of 86% of the concert‑ticket market and 73% of the combined concert‑and‑sports market, underscoring the breadth of its influence. Live Nation, which reported over $22 billion in annual revenue, rejected the monopoly label, insisting that pricing decisions rest with artists, sports teams, and venue owners. Company counsel argued that the firm’s size reflects “excellence and effort,” not antitrust violations. The jury’s finding arrives amid a broader regulatory push. In 2024, the Federal Trade Commission required Ticketmaster to disclose ticket fees up front, prompting the company to eliminate a post‑checkout processing charge. However, a recent Guardian investigation revealed that Ticketmaster introduced alternative fees to offset lost revenue, raising questions about compliance with FTC rules. Earlier, the Department of Justice settled with Live Nation under the Trump administration, creating a $280 million settlement fund for participating states. The agreement also imposed caps on service fees at select amphitheaters and opened the door—though not the obligation—for venues to work with Ticketmaster rivals such as SeatGeek and AXS. More than 30 states declined the settlement and pursued the trial, arguing that the federal government’s concessions were insufficient. During the proceedings, Live Nation CEO Michael Rapino testified, including about the 2022 Taylor Swift ticket fiasco, which he attributed to a cyber‑attack. Internal communications from Live Nation executive Benjamin Baker surfaced, in which he described certain pricing practices as “outrageous” and disparaged customers as “so stupid,” later apologizing for the “very immature and unacceptable” remarks. Live Nation has announced its intention to appeal the verdict, stating confidence that the ultimate outcome will align with the original DOJ settlement framework. The case continues to spotlight the tension between dominant market players and antitrust enforcement in the live‑entertainment industry.

The world of artificial intelligence is rapidly evolving, with companies like Anthropic and OpenAI pushing the boundaries of what is possible. However, amidst the excitement and innovation, a crucial question arises: where does the truth about AI lie? Anthropic's recent release of Claude Mythos, an AI model focused on cybersecurity, has sparked both thrill and panic. The company claims that Mythos has exposed thousands of vulnerabilities in commonly used applications, prompting concerns about the potential for catastrophic cyber-attacks. However, experts are pushing back on Anthropic's claims, suggesting that the company's marketing prowess may be outpacing its actual capabilities. The implications of such technology are far-reaching and potentially devastating. If widely available, Mythos could enable hackers to disrupt critical software and infrastructure, putting entire industries and economies at risk. Cybersecurity experts warn that the model's capabilities, while impressive, may not be as significant as Anthropic claims. The article highlights the delicate balance between the power of AI and the need for responsible marketing and transparency. As AI continues to advance, it is essential to separate hype from reality and ensure that the public understands the true potential and limitations of these technologies. The intersection of AI and marketing is a complex one, with companies walking a fine line between promoting their products and avoiding overhyping their capabilities. Ultimately, the goal is to harness the power of AI while prioritizing transparency, accountability, and responsible innovation.

The increasing adoption of artificial intelligence (AI) in the workplace is having an unintended consequence: the creation of 'workslop'. Workslop refers to the flawed or inaccurate work generated by AI that needs to be heavily corrected, cleaned up, or completely redone. This phenomenon is causing frustration and decreased productivity among employees, who are often pressured by their employers to use AI to produce more work.Ken, a copywriter for a large cybersecurity firm, is one example of an employee struggling with workslop. After his company implemented AI chatbots, Ken found that the initial drafts were easy to create, but the rewriting and correction process was time-consuming and laborious. In fact, Ken and his coworkers had to spend more time rewriting and correcting errors than if they had never used AI at all.A recent survey of 5,000 white-collar US workers found a significant disconnect between employees and executives when it comes to AI. While 92% of high-level executives believe that AI makes them more productive, 40% of non-managers say that AI saves them no time at all. This disparity highlights the challenges of implementing AI in the workplace and the need for clearer mandates and use cases.The driving force behind workslop is complex and multifaceted. Companies have invested billions in enterprise AI, and some have laid off human workers, attributing the cuts to AI's potential productivity. However, workers who remain feel pressured to use AI to produce more work, often with little guidance or training. This has led to a situation where employees are outsourcing judgment to chatbots, with unclear consequences.Researchers have found that 40% of workers encounter workslop within a month, and spend an average of 3.4 hours a month dealing with it. This translates to significant lost productivity and costs for organizations. To address this issue, experts recommend that companies provide clearer mandates and use cases for AI, as well as more worker input and control over how the technology is used.

Australia announced that Lieutenant General Susan Coyle will assume the role of chief of the Australian Army in July, marking the first time a woman has held the post in the service’s 125‑year history.Coyle, currently chief of joint capabilities, brings nearly four decades of experience, including senior command roles in Afghanistan and the Middle East, and expertise in cyber‑warfare. She will succeed Lieutenant General Simon Stuart, who took the position in July 2022.Prime Minister Anthony Albanese hailed the appointment as a historic breakthrough, stating, "From July, we will have the first ever female chief of army in the Australian Army’s 125‑year history." Defence Minister Richard Marles called the move a "deeply historic moment" and emphasized its symbolic power: "You cannot be what you cannot see."The appointment arrives as the Australian Defence Force (ADF) intensifies efforts to raise female participation. Women currently constitute about 21 % of the ADF and 18.5 % of senior leadership roles, with a target of 25 % overall participation by 2030.In October, a class‑action lawsuit alleged that the ADF failed to protect thousands of women officers from systematic sexual assault, harassment, and discrimination, underscoring the urgency of cultural reform alongside the leadership change.Alongside Coyle’s promotion, Vice Admiral Mark Hammond, the incumbent chief of the navy, will become the head of the ADF, succeeding Admiral David Johnston. Rear Admiral Matthew Buckley is set to replace Hammond as navy chief.The army is also undergoing a major transformation, investing in long‑range firepower, drones, and other modern combat tools. Coyle’s background in cyber‑warfare is expected to bolster the force’s capability to operate in increasingly digitised battlefields.

Rockstar Games, the renowned studio behind the Grand Theft Auto series, has fallen victim to a cyberattack by the hacker group ShinyHunters. The group is demanding a ransom in exchange for not releasing stolen company data, including potentially sensitive information about the highly anticipated Grand Theft Auto VI.The attack, which was first reported on April 13, 2026, involves ShinyHunters threatening to leak data stolen from Rockstar Games' servers operated by a third-party vendor. The group initially set a deadline of April 14, 2026, for the company to enter negotiations.In a chilling message, ShinyHunters warned Rockstar: “Rockstar Games. Your … data was compromised … Pay or leak.” The group has a history of targeting major companies, including Microsoft, Cisco, and Ticketmaster.Rockstar Games has downplayed the impact of the hack, stating that only a “limited amount of non-material company information” was accessed and that there was no impact on players. However, given the high stakes surrounding Grand Theft Auto VI, which has been in development for nearly a decade and is expected to be one of the biggest releases in gaming history, any breach is a serious concern.The ShinyHunters group is linked to The Com, a loose network of cybercriminals, primarily English-speaking individuals aged 16 to 25. This group has been involved in previous high-profile hacks, including the Pornhub breach last year.This incident follows a previous major breach in 2022 when a teenager from the Lapsus$ hacking collective leaked 90 minutes of Grand Theft Auto VI gameplay footage. The hacker, Arion Kurtaj, was sentenced to an indefinite hospital order in 2023. Rockstar reportedly spent $5 million and thousands of hours recovering from that incident.The development costs for Grand Theft Auto VI are estimated to be close to $2 billion, and the game’s tight secrecy makes any data breach particularly damaging. Originally slated for Autumn 2025, the game has been delayed to November 19, 2026.

Goldman Sachs's chief executive, David Solomon, has expressed heightened awareness of the capabilities of Anthropic's Mythos AI model and is collaborating closely with the tech firm following warnings about the cybersecurity risk it poses.The US bank has been closely monitoring the rapid advancements in artificial intelligence, including large language models (LLMs), as part of broader efforts to protect itself from hackers.“Obviously the LLMs are making rapid progress and we’re hyper-aware of the enhanced capabilities of these new models with the help of the US government and the model publishers,” Solomon told analysts on an earnings call on Monday.Anthropic, the company behind the Claude family of AI tools, claimed last week that its latest model, Mythos, posed an unprecedented risk due to its ability to expose flaws in IT systems. The company warned that AI models have reached a level of coding capability where they can surpass all but the most skilled humans at finding and exploiting software vulnerabilities.Solomon emphasized that Goldman Sachs is working closely with Anthropic and all of its security vendors to harness frontier capabilities. “We are very focused on supplementing our cyber and infrastructure resilience. And this is part of our ongoing capabilities that we have been investing in, and are accelerating our investment in.”The news comes after the US Treasury secretary, Scott Bessent, summoned Solomon and other big American bankers to Washington to discuss the Mythos model last week. The meeting focused on heads of so-called systemically important banks, where regulators believe that a major disruption to their operations, or their potential collapse, would put financial stability at risk.On Monday, the UK government’s AI Security Institute (AISI) warned that Mythos was a “step up” over previous models in terms of the cyber threat it posed. AISI said Mythos could carry out attacks that required multiple actions and discover weaknesses in IT systems without human intervention.

Booking.com, a leading accommodation reservation website, has suffered a significant data breach that has exposed customer information to unauthorized parties. The company, which lists over 30 million accommodation venues worldwide, detected suspicious activity involving unauthorized access to some guests' booking information.Upon discovering the breach, Booking.com took immediate action to contain the issue and updated the PIN numbers for affected reservations. The company has also informed affected customers about the breach. According to Booking.com, financial information was not accessed during the breach.The breach is the latest in a series of cybercrime attempts on Booking.com, which has recently struggled with a rising number of online scams on its platform. In 2018, the company reported a breach that exposed the booking data of over 4,000 people. Booking.com was fined €475,000 for reporting the breach 22 days late to the Dutch privacy regulator.The company, owned by Booking Holdings, a $137 billion US company, employs over 24,000 people worldwide. The breach highlights the growing concern of fake listings on booking websites and the need for increased cybersecurity measures in the industry.

This week Anthropic revealed that its latest AI system, dubbed Mythos, is so powerful that the company will not make it publicly available, arguing that the potential risks outweigh commercial incentives.U.S. Treasury Secretary Scott Bessent convened senior banking executives to discuss the implications of the model, underscoring growing governmental concern over advanced AI capabilities.In the United Kingdom, Reform MP Danny Kruger wrote to the government urging an immediate dialogue with Anthropic, warning that Claude Mythos could pose "catastrophic cybersecurity risks" to the nation.Critics such as AI researcher Gary Marcus questioned the hype, suggesting that Anthropic’s co‑founder Dario Amodei may possess strong technical skills but is "graduated from the same school of hype and exaggeration" as OpenAI’s Sam Altman.Beyond the policy debate, Anthropic has mounted a striking media offensive. The startup secured a 10,000‑word profile in the New Yorker, two feature pieces in the Wall Street Journal, and a Time magazine cover that placed founder Amodei alongside the Pentagon and U.S. Defense Secretary Pete Hegseth.Co‑founder Jack Clark and Amodei appeared on separate New York Times podcasts, fielding questions about machine consciousness and the model’s potential to "rip through the economy." Their "resident philosopher" even discussed with the WSJ whether Claude, Anthropic’s commercial product used for cryptocurrency trading and missile‑target designation, possesses a "sense of self."Anthropic’s public‑relations lead, Danielle Ghiglieri, celebrated the coverage on LinkedIn, describing the Time cover as a "mad dash" that finally let the company tell its own story.However, the company’s PR triumphs have not been without missteps. In early April, Anthropic inadvertently released part of Claude’s internal source code, though it assured that no customer data or credentials were exposed.Experts remain skeptical about the unverified claims surrounding Mythos. Dr. Heidy Khlaaf of the AI Now Institute warned that the vague marketing language could be an attempt to attract investment without substantive scrutiny.Cybersecurity specialist Jameison O’Reilly acknowledged the model’s novelty but downplayed Anthropic’s assertion of discovering "thousands of zero‑day vulnerabilities," noting that in a decade of offensive operations, zero‑days were rarely needed to achieve objectives.Anthropic also faces operational constraints. The firm has imposed usage caps on its popular Claude model and now requires customers to purchase additional compute capacity for third‑party tools, suggesting that infrastructure limitations may be a practical reason for withholding Mythos.As the race to dominate the emerging AI market intensifies, Anthropic’s strategy appears to blend genuine safety concerns with a calculated publicity push, positioning Mythos as a strategic signal that the company remains "open for business" while keeping the technology under tight control.