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The Controversial Bet on AI BookkeepingDespite the collapse of his previous startup, Ian Crosby is taking another shot at building a business out of automating bookkeeping. His new venture, Synthetic, aims to create a fully autonomous AI bookkeeper that can generate accrual-based financials without direct human involvement.The Vision Behind SyntheticSynthetic is designed to revolutionize bookkeeping by eliminating the need for human accountants, a stark contrast to current accounting startups like Xero. Crosby maintains an all-or-nothing approach: "We're not going to release anything that's not fully autonomous. It's that or bust."The startup is currently in the design phase, with Crosby acknowledging that his vision may not yet be technologically possible. The company plans to initially serve only AI and other software startups.The $10 Million InvestmentDespite the challenges and Crosby's troubled past with Bench Accounting, Synthetic has successfully raised $10 million in a Seed funding round led by Khosla Ventures. The round also saw participation from Basis Set Ventures and Shopify CEO Tobias Lütke.This financial backing provides Crosby with the resources to wait for foundational AI models to become more reliable for bookkeeping calculations. "I've raised years of cash, so we can just wait it out," Crosby stated.Learning from Past FailuresKhosla partner Jon Chu defended the investment by explaining his tendency to "run towards controversy a little bit." He cited Parker Conrad's journey from Zenefits to founding Rippling (now valued at $17 billion) as an example of how industry narratives can be misleading.Chu conducted thorough due diligence, speaking with several executives who worked with Crosby after his departure from Bench. According to Chu, they "had fantastic things to say about Ian." This feedback, combined with Crosby's subsequent roles at Shopify and founding of Teal (which was acquired by Mercury), convinced Khosla of his growth potential.The Bench Accounting FalloutCrosby's previous venture, Bench Accounting, famously shut down in 2024 before being "bought for scraps." Crosby maintains he wasn't directly responsible for bringing the company to insolvency, stating he was fired by Bench's board in 2021 after turning down a $250 million acquisition offer from Brex.The board reportedly disagreed with Crosby's strategic direction as the business was bleeding cash, and his executive team was frustrated with his direct leadership style. "He took a big swing, made a few mistakes. That didn't go well," Chu acknowledged about Crosby's tenure at Bench.The Path to Autonomous AI BookkeepingWhile Synthetic's prototype works for a narrow group of users, Crosby remains uncertain how it will scale for a broader customer base. He compared the current state of AI bookkeeping to "a self-driving car that can drive down one street versus the self-driving car that can drive down any street.""We haven't driven down enough streets to know if it's going to crash," Crosby explained, highlighting the technical challenges ahead. Despite these obstacles, the founder remains committed to his vision of a fully automated financial future.

Executive Summary: Labour’s Post‑Brexit CrossroadsTen years after the referendum, the UK remains divided over Brexit, and Labour has suffered a sweeping loss in recent elections across England, Scotland and Wales. Columnist Larry Elliott contends that the party’s indecision—trying to straddle both the pro‑remain and pro‑leave camps—will continue to erode its support unless it adopts a clear, singular approach.Brexit’s Ten‑Year Political Aftermath and Labour’s Recent DefeatThe 2016 vote reshaped British politics, breaking the two‑party duopoly and creating new fault lines. Keir Starmer’s government, elected with a massive majority in 2024, was humbled by a “record defeat” in 2026, losing seats to the Green Party in remain‑leaning areas and to Reform UK in former Brexit strongholds.2019: Conservatives win landslide.2024: Labour secures large parliamentary majority.2026: Labour suffers massive losses in England, Scotland and Wales.Electoral Numbers and Economic Indicators Highlighting the CrisisWhile the article provides limited hard data, several trends are evident:Living standards have been flat‑lining for almost two decades, fueling voter discontent.Growth is expected to slow and inflation to rise as global conflicts in Iran and Lebanon impact the UK economy.The financial services sector, the sole Brexit beneficiary, continues to thrive under a lighter‑touch regulatory regime championed by former Chancellor Jeremy Hunt and current Chancellor Rachel Reeves.Why Labour’s Ambiguous Brexit Strategy Risks Further MarginalisationLabour’s current “middle way” seeks closer EU ties without re‑joining the single market or customs union, while also avoiding a second referendum. This approach, according to Elliott, pleases neither remain voters nor leave supporters, leaving the party without a compelling narrative.The EU remains the UK’s biggest trading partner, and the Greens have captured remain‑leaning voters, while Reform UK has consolidated the Brexit‑loyal electorate. Labour’s failure to present a decisive plan means it cedes ground to both sides.Potential Paths Forward: Re‑embrace Brexit or Rejoin the EUElliott outlines two coherent options:Exploit Brexit freedoms: Use tariffs, subsidies, government procurement and capital controls to rebuild manufacturing, mirroring successful East Asian models.Reverse Brexit: Treat the EU exit as a mistake and campaign for re‑entry, aligning with the economic arguments of remain‑leaning voters.Without committing to one of these routes, Labour risks further electoral erosion as voters seek parties with clear, actionable policies.

The Revival of a Classic The Royal Opera's first revival of Richard Jones' 2022 production of Samson et Dalila has been hailed as a triumph. The opera, which was initially met with scathing reviews, has proven to be a masterpiece with the right cast. SeokJong Baek returns as Samson, the role with which he made his acclaimed Covent Garden debut, while Aigul Akhmetshina makes her role debut as Dalila. A Perfect Vocal Match The chemistry between Baek and Akhmetshina is undeniable, with their voices combining as if made to measure. Baek's voice retains its deluxe baritonal plush, topped with an apparently effortless 25-carat gleam in his upper register and a capacity for intimate pianissimos that dripped with pathos. Akhmetshina's Dalila is irresistible, switching from sweetness and light to dangerous, covered fury as the situation demands. The Supporting Cast The supporting cast, while not as exceptional as the lead duo, delivers solid performances. Ossian Huskinson shines as Dalila's unctuous, satin-shirted kinsman Abimélech. William Thomas (Samson's Rabbi) and Łukasz Goliński (the high priest of Dagon) are solid but struggle to make an impact in some of the duller moments of Saint-Saëns' score. The Orchestra and Chorus Under Alexander Soddy, the orchestra delivers a polished performance, with wonderfully voluptuous wind solos and periodic depth from the strings. The chorus is exquisitely blended in its unaccompanied offstage turns and fearless in its mid-energy line dance to the famous Bacchanale. The Production Jones's production pits 'piety' against 'materialism,' with striking stage pictures aplenty. The set's main architecture spins; a hideous, gambling-themed icon makes a cameo appearance; uniformed Philistine henchmen dance, cackle, and leer. Unfortunately, none of it overcomes the opera's basic tendency towards dramatic stasis.

The Visa Crisis for Iran's World Cup Campaign Iran's football federation chief Mehdi Taj has revealed that no visas have yet been issued for the national team to play World Cup games in the United States, creating a significant logistical challenge less than a month before the tournament begins. The team, also known as TeamMelli, is scheduled to face New Zealand in Los Angeles on June 15, followed by matches against Belgium and Egypt in Group G. FIFA Intervention Becomes Critical "Tomorrow or the day after tomorrow, we will have a decisive meeting with FIFA. They must give us guarantees, because the visa issue has still not been resolved," the state news agency IRNA quoted federation chief Taj as saying on Thursday. The federation has not received any information about which players have been granted visas, adding to the uncertainty surrounding their participation in the tournament co-hosted by the United States, Mexico, and Canada. Logistical Complications Mount The players were expected to travel to the Turkish capital Ankara for fingerprinting as part of the visa process, but the federation is now attempting to arrange for this procedure to be done in Antalya instead. "The players must travel to Ankara for fingerprinting, but we are trying to arrange for this to be done in Antalya, so there will be no need to travel to Ankara," Taj explained, highlighting the additional challenges facing the team. Geopolitical Tensions Cast Shadow The visa complications occur against a backdrop of heightened tensions between the United States and Iran. The two countries have had no diplomatic relations since 1980, following the hostage crisis at the US embassy and the Islamic revolution that toppled the US-backed shah. More recently, the US and Israel launched attacks on Iran on February 28, leading to a war that extended across the Gulf, though a fragile ceasefire has been in place since April 8. Preparations Continue Despite Uncertainty Despite the visa issues, Iran held a send-off ceremony on Wednesday for the team prepared to play in the 2026 World Cup. The national team will be based in Tucson, Arizona during the tournament, with their first match against New Zealand scheduled for June 15 in Los Angeles. The federation continues to work through diplomatic channels to resolve the visa situation before the team's departure. Path Forward for TeamMelli As the deadline approaches, Iran's football federation faces the critical task of securing visas for all team members while navigating complex diplomatic relations. The outcome of their meeting with FIFA and subsequent discussions with US authorities will determine whether TeamMelli can participate in the World Cup as planned, or if further complications will arise in this already challenging situation.

Jannik Sinner broke Novak Djokovic's 2011 record by winning his 32nd straight Masters 1000 match, defeating Andrey Rublev 6‑2, 6‑4 to reach the Italian Open semi‑finals.Sinner's Record‑Breaking Victory Over Rublev at the Italian OpenThe Italian Open quarter‑final saw Sinner dispatch the world No.5 Rublev in straight sets, moving his consecutive Masters 1000 win tally to 32, one more than the previous record.Numbers Behind the 32‑Match Masters StreakConsecutive Masters 1000 wins: 32Match score vs Rublev: 6‑2, 6‑4Rublev's unforced errors: 28 in 18 gamesLast Italian to win Rome: Adriano Panatta (1976)What the Streak Means for Men’s Tennis and Italian FansSinner enters the semi‑finals as the heavy favourite, especially with rival Carlos Alcaraz sidelined by injury. His form revives hopes of an Italian champion for the first time in five decades and adds pressure ahead of the French Open.Looking Ahead: Sinner’s Path to a Historic Rome TitleIn the upcoming semi‑final, Sinner will face either Daniil Medvedev, the 2023 Rome champion, or lucky loser Martin Landaluce. A win would make him the first Italian man to claim the title since Panatta, and could set the stage for a career Grand Slam at Roland Garros.

Xi's Direct Warning to Trump Over TaiwanDuring the opening of the US‑China summit in Beijing, Xi Jinping told Donald Trump that the "Taiwan question is the most important issue in China‑US relations" and that any misstep could lead to "collision or even conflict" between the two nations.Numbers Behind the Summit: Duration, Approval Ratings, and Trade TalksTalks lasted 2 hours and 15 minutes.Trump’s domestic approval rating has slipped amid a protracted war in Iran.Pre‑summit economic negotiations in South Korea were described as achieving "balanced and positive outcomes".Strategic Ripple Effects on US‑China RelationsThe stark warning signals a shift from diplomatic niceties to a more confrontational tone. While Beijing offered flexibility on issues like trade, technology, and Iran, it drew a firm red line around Taiwan, demanding U.S. acknowledgment of the "one‑China" principle.What Comes Next: Scenarios for Taiwan and Bilateral TiesAnalysts see three likely paths:De‑escalation: Both sides keep the dialogue focused on trade, avoiding direct actions around Taiwan.Stalemate: Continued diplomatic posturing with limited progress, keeping the risk of miscalculation high.Escalation: Any perceived move toward Taiwanese independence could trigger military posturing, raising the prospect of a broader conflict.For now, the summit serves as a barometer of how far Beijing is willing to push its core interests while still courting economic concessions from Washington.

Burberry has reported a resurgence in bag sales after launching the £2,000 “Cotswolds” tote, a product that resonates with affluent American consumers and helps the British luxury house swing back to profitability.Introducing the £2,000 Cotswolds Tote: A Strategic ShiftJoshua Schulman, who took the helm in 2024, said the new tote blends leather with the iconic Burberry check and targets a “sweet spot on price and value for money in a luxury context.” The Cotswolds line replaces the higher‑priced Knight bag (over £2,400) and is priced “around and under £2,000”.Financial Upswing: Pre‑Tax Profit Swings and Cost CutsBurberry’s latest results show a clear financial reversal:Pre‑tax profit of £49 million for the year to 28 March, up from a loss of £66 million the previous year.Annual cost reductions of £80 million, achieved through store rationalisation and efficiency drives.Group sales of £2.4 billion, flat on a currency‑adjusted basis.Shares fell 5 % on the day of the announcement, reflecting market concerns over Middle‑East volatility.Why American Affluence and the ‘Hamptons of England’ MatterThe Cotswolds region, increasingly dubbed the “Hamptons of England”, has attracted wealthy U.S. buyers seeking British heritage. This cultural cachet translates into higher conversion rates for Burberry’s mid‑tier luxury items, especially during key moments such as Mother’s Day in North America.Outlook: Burberry’s Path to a £3 billion Sales MilestoneSchulman expressed confidence that the brand can exceed the £3 billion sales target, citing momentum in scarves, outerwear, ready‑to‑wear and a growing appeal among younger shoppers. Finance director Kate Ferry reaffirmed expectations to meet analyst profit forecasts despite geopolitical headwinds.

The Lead: A Masterful Character StudySteven Soderbergh's latest film, "The Christophers," is a witty, literate, and exhilarating exploration of contemporary art and artistic value. The film centers on Julian Sklar, an irascible, dyspeptic old English painter wonderfully portrayed by Ian McKellen, and his mysterious assistant Lori Butler, played with remarkable restraint by Michaela Coel. Their on-screen chemistry has been hailed as the best of the year, creating a dynamic that is both confrontational and deeply connected.The Artistic Vision: Soderbergh's Subversive Take on the Art WorldSoderbergh demonstrates his remarkable ability to surprise with "The Christophers," a film that breathes new life into the often-tiresome subject of movies about contemporary art. The director, working with American screenwriter Ed Solomons, creates a convincing portrayal of haughty Englishness that rivals the work of Paul Thomas Anderson and Robert Altman. The film's London setting, particularly the chaotic bohemian townhouse in Bloomsbury, serves as the perfect backdrop for this exploration of artistic decline, value, and authenticity.The Performances: McKellen and Coel's Exceptional ChemistryAt the heart of the film's success are the performances of its leads. Ian McKellen delivers a tour-de-force as Julian Sklar, capturing the character's voluble, needling, vulnerable, and pathetic qualities with remarkable nuance. Opposite him, Michaela Coel radiates mystery as Lori Butler, containing anger and passion within an opaquely polite demeanor. Their dynamic forms the film's emotional core, with Coel's character intuitively understanding Julian's decline while suggesting pathways back that he hadn't considered. Their interplay represents the best on-screen chemistry of the year.The Supporting Cast: Dickensian MediocritiesThe film's supporting characters provide essential contrast to its leads. Julian's grasping adult children, Barnaby (James Corden) and Sallie (Jessica Dunning), are portrayed as figures of Dickensian mediocrity and greed, thoroughly disliked by their father. Their motivations drive much of the plot's tension, as they seek to profit from their father's hidden works while employing Lori to help them in their schemes.The Plot: A Question of AttributionThe narrative revolves around Julian's mysterious "The Christophers" - a series of passionate studies of his former lover that he withdrew from public view and hid within his home. Lori is hired to find these paintings, but her true intentions remain ambiguous throughout the film. The story explores themes of artistic authenticity, the commodification of art, and the complex relationships between artists, their work, and those who seek to profit from them.The Impact: A Refreshing Take on Artistic Authenticity"The Christophers" arrives at a time when the art world is increasingly focused on commercial value and marketability. The film subverts these trends by focusing on the personal and artistic integrity that often gets lost in the commercialization of creativity. By centering its narrative on the relationship between an aging artist and his enigmatic assistant, the film offers a refreshing perspective on what truly gives art its value.The Future Outlook: A Strong Contender for Awards SeasonWith its exceptional performances, sharp writing, and Soderbergh's masterful direction, "The Christophers" is positioned as a strong contender for awards season. The film's exploration of artistic authenticity and its showcase of two of Britain's finest actors could make it a favorite among critics' groups and award voters. Its UK and Irish cinema release on May 15 provides an opportunity for audiences to experience what many are calling the year's most compelling on-screen pairing.

The LeadJinkx Monsoon, the celebrated Drag Race winner, brings her unique perspective to the role of Judy Garland in "End of the Rainbow," revealing how personal history and artistic vision converge in this portrayal of the iconic performer's final months.The Personal Connection to GarlandMonsoon's journey to embodying Garland goes beyond mere impersonation. Growing up in Portland, Oregon, in a Catholic family dominated by women, Monsoon found early acceptance despite being gender non-conforming. "My whole family were very liberal," she recalls. "The women in my life saw who I was at an early age and told the men in my life: 'You will accept this kid or you won't be here.'" This environment, despite "a lot of addiction, a lot of trauma," fostered the "complete candour" Monsoon identifies as a defining characteristic of both herself and Garland.The Artistic ChallengePortraying Garland presents unique challenges, particularly in an era when the performer might be considered "antiquated to younger audiences." Yet Monsoon's impression on Drag Race was so spot-on that clips continue to circulate years later. The role in "End of the Rainbow" represents a departure from the comedic drag performances that first brought her fame, moving instead toward dramatic territory. "She's a pillar, and an institution," Monsoon says of Garland, in whom she became interested after watching "The Wizard of Oz" on repeat as a child.Industry Impact and RepresentationMonsoon's success challenges long-held myths about audience acceptance of trans and queer performers. Her Broadway run in "Chicago" significantly boosted ticket sales for the fading musical, leading to a second run the following year. Similarly, "Oh, Mary!"—in which she replaced Cole Escola—has been "the hottest ticket on Broadway" since its 2024 opening. "I want people to remember this," Monsoon asserts, "the next time someone wonders, 'Should we cast this person from this marginalised demographic?' Yes. Do it. People would rather see a fresh perspective than the same thing over and over."The Future of Queer RepresentationAs Monsoon continues to break barriers in mainstream entertainment, her trajectory suggests a broader shift in the industry's approach to casting and representation. The success of productions featuring trans and queer performers indicates changing audience expectations and a growing recognition of diverse perspectives. Monsoon's ability to balance vulnerability with strength, humor with pathos—qualities she shares with Garland—suggests that her career will continue to challenge industry norms while expanding possibilities for future performers.Production DetailsEnd of the Rainbow is at Soho Theatre Walthamstow, London, from 15 May to 21 JuneMonsoon portrays Judy Garland in Peter Quilter's musical drama about the icon's final monthsThe production follows Monsoon's successful runs on Broadway and in viral Drag Race performances