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OnlyFans, the UK-based adult video platform, has reached a valuation of over $3 billion as it engages in advanced talks to sell a minority stake to US investment firm Architect Capital. The London-based company is looking to offload less than 20% of its shares, with sources confirming the talks to the Guardian.The deal comes at a significant time for OnlyFans, following the death of its founder, Leonid Radvinsky, a Ukrainian-American billionaire who passed away from cancer last month at the age of 43. Radvinsky's death has prompted the company to seek a minority stake sale as a means to guarantee stability for the business.OnlyFans has reportedly chosen Architect Capital for its expertise in the financial services sector. This aligns with the UK company's plans to offer banking products to its creators, who have historically struggled to access such services due to the nature of their work.The platform, synonymous with adult content, operates with a strict 18+ age limit and has 4.6 million creator accounts registered. These creators split their subscription proceeds 80:20 with the platform. OnlyFans also boasts 377 million fan accounts, allowing users to purchase videos and send messages to their favorite performers.In terms of financial performance, OnlyFans posted $1.4 billion in revenues for the year ending November 30, 2024, with a pre-tax profit of $684 million, marking a 4% increase from the previous year. The platform also reported $7.2 billion in payments to creators, a nearly 10% increase.Radvinsky himself received $701 million in dividends from OnlyFans in 2024, adding to the over $1 billion he had previously received. The company had previously explored sale talks with various investors, including a potential 60% stake sale to Architect Capital and a consortium led by Forest Road Company.If the minority sale proceeds, control of OnlyFans will remain with the family trust holding Radvinsky's shares. OnlyFans has declined to comment, while Architect Capital has been contacted for a statement.

The UK's benefits budget has become a contentious issue in the country's political landscape, with some politicians suggesting that cuts to welfare spending could be used to fund defence. The Conservative party has pledged to cut welfare spending by £23bn to get Britain working again. However, experts warn that this approach could have severe consequences for vulnerable populations.Labour peer George Robertson recently sparked controversy by suggesting that cuts to benefits could be used to finance defence. However, the government has pushed back against this idea, with Chancellor's deputy James Murray stating that there is no 'zero-sum game' between these two budgets. Experts point out that the benefits budget is not out of control, with Ruth Curtice, chief executive of the Resolution Foundation, noting that working-age benefits have remained fairly flat as a proportion of GDP. The real challenge lies in pension costs, which are rising due to demographics and the triple lock mechanism.Cuts to welfare benefits have had devastating effects in the past. For example, George Osborne's £15bn cuts in 2015 led to 450,000 children being plunged into poverty. The basic out-of-work rate remains low, at £98 a week universal credit, which is 9% lower in real terms than in 2010. Politicians must be transparent about what they plan to cut and who would be affected. The Institute for Fiscal Study's Eduin Latimer notes that other countries spend more on health benefits. Stephen Timms, the minister for social security and disability, is reviewing disability benefits with a focus on reform rather than cuts.The debate over defence spending is also heating up, with Robertson warning of a national security crisis. However, experts question the efficiency of defence spending, citing the National Audit Office's criticism of the Ministry of Defence's accounts and the failure to verify spending. The £6bn Ajax armoured vehicle project is a prime example of a costly and delayed project.

A devastating fire has engulfed the largest of Australia's two oil refineries, operated by Viva Energy in Geelong, Victoria. The blaze, which began on Wednesday night, had been brought under control by Thursday noon. The refinery, which processes 120,000 barrels of oil per day, accounts for approximately 10% of Australia's fuel production.The fire was triggered by a gas leak that ignited, sending flames as high as 60m (200 feet) into the air. Fortunately, firefighters managed to contain the blaze without it spreading to other parts of the plant, which produces high-octane petrol, jet fuel, and diesel.The incident comes at a critical time for Australia, which relies on imports for 80% of its fuel needs. The country is racing to replace supply disrupted by the Middle East conflict, which has driven up energy prices worldwide. Fuel security is a growing concern in the Asia Pacific region, with Australia lacking major stockpiles.In response to the crisis, Prime Minister Anthony Albanese announced that Australia had secured an additional supply of 100 million litres of diesel from Brunei and South Korea. The government has urged Australians to avoid panic-buying fuel and to conserve petrol where possible.Australia's fuel reserves stand at approximately 38 days' worth of petrol, falling short of the 90-day minimum recommended by the International Energy Agency. The country is heavily reliant on oil shipped through the Strait of Hormuz, which has seen shipping traffic cease since the US and Israel launched their war against Iran.

On Thursday, Israeli security forces conducting an operation in Nablus, a major city in the occupied West Bank, fired stun grenades at journalists covering the events. The incident was reported by multiple media outlets present on the ground. According to eyewitness accounts, reporters from local and international news agencies were positioned near the site when the grenades were deployed, causing a sudden flash and loud explosion. No serious injuries were confirmed, but the sudden blast forced the journalists to seek immediate cover and temporarily halted their reporting. Press‑freedom organizations quickly condemned the action, stating that the use of crowd‑control munitions against media personnel undermines the ability to document and verify developments in the region. The incident adds to a growing list of reported confrontations between Israeli forces and members of the press in the occupied territories. Israeli authorities have not yet released an official statement explaining the rationale behind the deployment of the stun grenades. Analysts suggest that heightened security measures during operations often lead to heightened tensions, but emphasize that protecting journalists is essential for transparent reporting in conflict zones. The episode underscores the precarious environment for journalists working in the West Bank, where the line between security operations and press freedom continues to be contested.

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.”

Channel 4's content chief, Ian Katz, has announced that he will be leaving the broadcaster after nearly nine years in the post. Katz is responsible for overseeing Channel 4's £650m annual programming budget and output. During his tenure, Katz has been instrumental in delivering hits such as Derry Girls and Big Boys, as well as It's A Sin and Dirty Business. He has also been a key member of the team that helped fend off the previous Conservative government's campaign to privatise the broadcaster. Katz's departure comes after the appointment of new chief executive Priya Dogra from Sky. Dogra has praised Katz, saying he has been an 'outstanding creative leader' for Channel 4. The departure of Katz leaves a management vacuum at the top of Channel 4, with two of the three most senior executive positions now effectively vacant. However, it also opens up an opportunity for one of the most influential positions in British broadcasting. Katz, who was paid £720,000, including a £238,000 bonus, according to Channel 4's latest accounts for 2024, has been a key figure in the UK broadcasting industry. His departure will be closely watched by industry insiders and fans of Channel 4 programming.

The prospect of a renewed U.S. oil blockade has sparked concerns across Havana’s tobacco fields, where the cigar industry remains a cultural and economic cornerstone. Analysts warn that restricting oil supplies could disrupt the energy‑intensive processes essential for curing, rolling, and transporting premium cigars, potentially undermining production volumes and export revenues. Cuba’s cigar sector accounts for a significant share of the island’s foreign‑exchange earnings, with premium brands commanding premium prices in markets worldwide. A sustained energy shortage would not only raise operational costs but could also force producers to scale back output or seek alternative, less efficient energy sources, eroding the competitive edge that Cuban cigars have long enjoyed. Beyond the immediate economic impact, the blockade could deepen existing tensions in U.S.-Cuba relations. The move may be interpreted as a strategic lever to pressure the Cuban government, yet it also risks alienating stakeholders in the global tobacco trade and could invite retaliatory measures. While the full extent of the blockade’s effect remains uncertain, experts stress that any disruption to the cigar supply chain would reverberate through related sectors—tourism, agriculture, and logistics—exacerbating the island’s broader fiscal challenges. Policymakers on both sides are therefore urged to weigh the economic costs against geopolitical objectives before implementing such a measure.

Roblox, the popular gaming platform used by nearly half of U.S. children under 16, has entered a historic settlement with the state of Nevada, agreeing to contribute over $12 million and implement a suite of new safety measures for young users. Attorney General Aaron Ford described the deal as a "first‑of‑its‑kind" arrangement that will "create a safer environment for our children online" and could serve as a bellwether for how interactive platforms protect youth. Under the agreement, Roblox will allocate $10 million over three years to fund community programs such as the Boys & Girls Club and other non‑digital activities. The money will also support a law‑enforcement liaison role and an online‑safety awareness campaign. Key platform changes include mandatory age verification for all users, the introduction of facial age‑estimation technology, and the restriction of night‑time notifications for minors. Chat functions will be limited to peers of similar age, and communication with adults will be allowed only with a "trusted friend" added via QR code or phone contacts. Roblox will launch dedicated kids’ accounts for users under 16, blocking access to adult‑rated content and offering only vetted games. Parental oversight, previously limited to children under 13, will now extend to all users under 16. Matt Kaufman, Roblox’s chief safety officer, hailed the settlement as a "landmark agreement" that establishes a new standard for digital safety and provides a blueprint for collaboration between industry and regulators. The Nevada deal arrives amid a wave of litigation targeting social‑media giants for allegedly designing addictive experiences for children. Recent rulings in California and New Mexico forced companies like Meta and YouTube to pay more than $375 million in penalties for similar claims. Attorney General Ford is also pursuing actions against Meta, TikTok, Snapchat, YouTube, and Kik, alleging failures to implement adequate child‑safety measures. Donch’e King, a supervising criminal investigator with the Nevada AG’s office, warned that roughly 500,000 online predators are actively seeking children across platforms, emphasizing the importance of parental vigilance and prompt reporting of suspicious activity. "Protecting Nevada’s children is not an option. It’s our duty," King asserted, underscoring the broader societal stakes of the settlement.

The Leeds Song Festival, a top-tier celebration of the vocal arts, continues to push the envelope with its innovative performances. Director Joseph Middleton's determination to think outside the box while honoring the festival's roots in traditional recitals is evident in two vastly different concerts.The first, 'Haiku', premiered last year in Minnesota and features eight poems taken from a collection of haiku written by Japanese Americans interned during World War II. Baritone Roderick Williams and pianist Iain Burnside brought these distilled musical morsels to life, exploring themes of exile, detention, and deportation.Williams, a master storyteller, breathed life into the songs with his warm vocal embrace and expressive physicality, bringing pain and pathos, wit and wisdom to a kaleidoscopic array of songs. Burnside was his equal, providing a generous and supportive piano accompaniment.The program included highlights such as Gerald Finzi's setting of Thomas Hardy, 'Waiting Both', and Joan Trimble's 'My Grief on the Sea', a delicate Irish love song. The evening ended with Maria Grever's rumba-inflected 'What a Diff'rence a Day Made', a perfect laid-back note.The second concert, 'Dunwich', a festival commission, stretched the idea of a traditional recital to the limit. This haunting soundscape combined field recordings made at the site of Dunwich's last remaining gravestone with Martin Iddon's shape-shifting writing for piano. The piece featured slyly sinister accounts of local ghost stories, delivered by speaker Gillian Jane Lees, and eerie black-and-white videos by Adam York Gregory.