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The PlayStation Strategic ShiftPlayStation's future has looked a little uncertain these past few years. Although the PS5 has sold well and been very profitable, the brand is far from the runaway market leader it was in the PS2 days. Earlier this week, Game File dug into Sony's most recent earnings reports to illustrate how PlayStation has been selling fewer and fewer of its own flagship games since a peak during the pandemic. About 54.1m copies of games either developed or published by Sony were sold in the 2018 financial year; in 2025, it sold 32.1m.The State of Play Event OverviewSo what is Sony going to do in the next few years, as we enter a later stage of the PS5 lifecycle? Will it play safe, or diversify? Perhaps revive some older games for nostalgic millennials? Thanks to a State of Play live-stream last night, we now have some answers. Here's what's on the slate:Marvel's Wolverine: A Violent DepartureCalifornian developer Insomniac's next Marvel adaptation after the somewhat wholesome Spider-Man adventures is an exceptionally violent Wolverine game. Seriously, we see those claws go through about seven people in the first 30 seconds of the demo, before fellow mutant Jean Grey shows up and starts killing people with telekinesis instead. A motorbike chase follows, and a showdown atop a moving vehicle. Truly all the Hollywood-esque action a player could possibly want, if also rather more blood spatter than some of us can take. There was also less 18-rated Marvel action in the form of comic-book-style fighting game Marvel Tokon: Fighting Souls (coming 6 August).Horror Revival with Silent Hill: TownfallThis Silent Hill spin-off, from the Scottish developer Screen Burn, looks excellent. It's a horror game set in a misty town on the east coast of Scotland. Expect: many disgusting creatures that arise from the depths of its characters' worst imaginings. Many eerily abandoned little seaside homes. Many ominous shots of closed doors at the end of hallways. And much creepy radio static.Classic Franchises ReturnCapcom revives another of its classic PlayStation series in this Japanese-mythology action game, in which you slice up demons with a katana. (It will have to work hard to compete with the Nioh games and FromSoftware's Sekiro, which have filled this niche in the two decades Onimusha has been away.) The demo is available to try now.Although this was announced late last year, we've just got our first good look at it. It's a remake of the very first Tomb Raider, and they really mean it – it looks like a new Uncharted game. It's got all the classics: Egyptian tombs, jungle temples, T-Rexes, and Lara Croft looks badass in a modernised version of her classic outfit.Market Competition ContextSony has put out some great homegrown games since the PS5 was released in 2020, from Astro Bot to Ghost of Yōtei, but it has also had some expensive and very public failures and cancellations; PlayStation boss Jim Ryan, who retired in 2024, placed big bets on live-service games and only a few panned out (hello, Helldivers). Sony also seems to have rolled back on releasing its single-player PS5 games on PC after a polite interval of time, suggesting it wants to preserve what advantage and exclusivity it has.Meanwhile, its longtime console rival Xbox may have faded into the background as a sales competitor – the PS5 has outsold the Xbox Series S/X by approximately three to one – but it has become a strong publishing competitor, having bought up tens of development studios alongside Activision and Bethesda. Then there's Nintendo, whose exclusive games for the Switch and Switch 2 consoles have performed significantly better than Sony's over the last decade. (The top-selling Sony-developed PS4 game was Spider-Man, at 22.68m. The top-selling Nintendo-developed Switch game was Mario Kart 8 Deluxe at … 71m.)Strategic Implications for SonyThe State of Play event reveals Sony's strategic approach to the next phase of the PS5 lifecycle. By reviving classic franchises like Onimusha and Tomb Raider while investing in high-profile exclusives like Marvel's Wolverine and horror properties like Silent Hill, Sony appears to be balancing nostalgia with innovation. The company seems to be acknowledging its need to strengthen exclusive content while also diversifying its portfolio beyond live-service games that haven't always met expectations.Future Outlook for PlayStationWith releases spanning from late 2026 into 2027, Sony appears to be building a substantial pipeline of exclusive content designed to maintain PS5 momentum. The emphasis on both established franchises and new intellectual properties suggests a strategy to appeal to multiple segments of the gaming audience. As the console market matures and competition intensifies, Sony's ability to deliver compelling exclusive experiences will be crucial in maintaining its market position against Microsoft's expanded publishing arm and Nintendo's consistently strong first-party offerings.

The Future of Warfare: AI-Powered Drones Should the AI-powered drones of the future have a licence to kill? The question is becoming ever more pressing as governments and the defence industry acknowledge that drone systems will play an increasingly crucial role in future warfare. The Moral Dilemma of Autonomous Weapons With drones being deployed in huge numbers in the Ukraine war and AI being used to assist bombing missions in the Iran conflict, there is an expectation among some observers that weapons will have to operate with increased operational autonomy, which means they will need something approximating a moral framework. Expert Opinions on AI and Morality Last year Mustafa Suleyman, chief executive of Microsoft’s AI arm and a co-founder of the UK-based DeepMind, was unequivocal about the issue of machines making moral decisions. He said: “AIs cannot be people – or moral beings.” David Omand, the former head of the UK spy agency, GCHQ, believes AI can create a “moral” configuration for unmanned weapons. The UK armed forces minister, Al Carns, told the Financial Times recently there must be an option to “take the human out of the loop” in decision-making. The Challenges of Programming Morality Zee Talat, an academic specialising in machine learning at the University of Edinburgh’s school of informatics, argues that large language models – the technology that underpins modern generative AI systems such as chatbots – are fundamentally incapable of moral decision-making. “If you have a machine that’s probabilistic by nature it will veer towards the most likely answer in a situation. Do we think that morality follows probabilistic notions?” The Debate on Autonomous Weapons Governance Jessica Dorsey, an assistant professor of international law at Utrecht University in the Netherlands, raises concerns about determining whose morality the drone is following, given the United Nations is still trying to achieve a global consensus on autonomous weapons governance. “War is filled with so many variables and it is a given that things will go wrong. And when that happens at AI-like speed, it is difficult to unravel.” The Future of AI-Powered Drones Some experts argue that giving drones greater autonomy, and programming rules of engagement and morality into them, will be a necessity if other nation states continue to develop and deploy similar technology at pace. Nicholas Wright, a neuroscientist and author of Warhead, a book on the human brain and war, says: “For any military to compete effectively against other high-end militaries it is going to need a large amount of systems that will be required to take decisions on their own.” Olaf Hichwa, the co-founder of Neros, a US drone startup, believes that drones will not replace human decision-makers, but enhance the abilities of their human pilots.

The United States Senate has cleared a $70 billion funding bill for Immigration and Customs Enforcement (ICE) and Customs and Border Patrol (CBP), fulfilling a key request of President Donald Trump and positioning the measure for a House vote.Senate Clears $70 bn ICE Funding Bill via Budget ReconciliationRepublicans, holding a 53‑seat majority, used the budget‑reconciliation process to bypass the 60‑vote filibuster threshold. The maneuver allowed the bill to pass early Friday morning despite intense Democratic opposition and a protracted “vote‑a‑rama” that featured rapid‑fire amendments on unrelated issues.Financial Scale of the New Funding and Prior Allocations$70 bn allocated to ICE and CBP for the remainder of Trump’s term.$170 bn already earmarked for the agencies in a 2025 tax bill.The combined funding exceeds $240 bn, representing a massive fiscal commitment to immigration enforcement.The bill follows a partial funding package that ended a 76‑day Department of Homeland Security shutdown in April.Implications for Immigration Policy and Congressional DynamicsThe approval signals broad Republican support for immigration enforcement, even as internal party tensions persist over other Trump‑related spending requests (e.g., the White House ballroom security and the controversial “anti‑weaponisation” fund). Democrats continue to oppose further ICE funding, citing incidents such as the January killings of two U.S. citizens by ICE and Border Patrol agents in Minneapolis.The move also highlights the strategic use of reconciliation to advance high‑profile spending without bipartisan backing, a tactic that may shape future legislative battles.What Lies Ahead: House Vote and Potential Political FalloutWith a narrow 217‑212 Republican majority in the House, leaders expect the bill to be taken up next week and likely passed. If approved, it will proceed to President Trump’s desk for signature.Potential flashpoints include:Continued Democratic criticism that the funding fuels a “mass deportation drive” increasingly unpopular with voters.Possible leverage by GOP moderates seeking concessions on unrelated priorities, such as infrastructure or fiscal restraint.Should the House stall or amend the bill, the Senate’s reconciliation advantage could be nullified, forcing a renewed showdown.

The Impact of Marjane Satrapi's Work On the morning of June 4, when I heard the news of Marjane Satrapi's death, I was stunned. I simply could not believe it. Although I had met her only a handful of times in person – despite having lived in Paris for 16 years and having contributed to her book Woman, Life, Freedom – I felt a deep connection to her work and legacy. Marjane's Gift for Visual Storytelling Our collaboration on that book took place mostly through email correspondence, but I always held her in the highest regard. I admired her intelligence, her extraordinary sense of humour and, above all, her remarkable gift for visual storytelling. What she achieved through drawings that appeared simple was, in reality, extraordinarily difficult. The black-and-white spaces of her pages, the economy of her lines, the apparent simplicity of her compositions – it all served to convey profoundly human emotions with a clarity that few artists ever attain. As a cartoonist myself, I know how difficult it is to reach that level of expressive precision while making it look effortless. Paving the Way for a Generation Marjane opened the door not only for me, but for many Iranian comic book artists, such as Parsua Bashi, Mansoureh Kamari, Majid Bita and Shaghayegh Moazzami, among others. More broadly, she opened a path for artists from smaller and less visible countries across the world of comics – artists who had personal stories to tell but whose voices were often overlooked. With Persepolis, she gave western publishers the confidence to invest in our work. Many of us owe a part of our careers to the space she created. A Lasting Legacy Once I had absorbed the news of her death, my thoughts turned to Chicken With Plums, my favourite among her books. I remembered its protagonist, Nasser Ali Khan, whose beloved instrument is broken and who decides to remain in bed until death comes for him. In his final days, he even refuses his favourite dish, chicken with plums. Looking back now, the character feels almost like an extension of the author’s own sensitive spirit, perhaps even an unconscious premonition. I find myself thinking of Marjane, of her final days, and of whatever instrument may have been broken within her. And each time I do, my eyes fill with tears.

The Lead Tehran, Iran – In the popular Bastan market in the west of the Iranian capital, where the inviting smell of fresh bread and fruit mingle with the sight of colourful fabrics and clothing, the scene no longer holds its usual joy. Passersby wander among the vendors' stalls, carefully turning goods over only to return them to their places. Everyday Survival in a Hyperinflation Economy "Daily shopping trips have turned into something resembling a reconnaissance mission to find out the new prices," says Mashhadi Firouz, a 63-year-old retiree. "A year ago, a kilo of rice was about 1.8 million rials ($1.31), but today it has crossed the 5-million-rial ($3.63) threshold." Similarly, a bottle of cooking oil has increased from 700,000 rials ($0.51) to more than 3 million rials ($2.18). Fatima, 46, a housewife and mother of three, explains: "I now go to the market three times a week instead of once, not because I need anything, but to see if there is a seller who has goods at a lower price." She adds, "Red meat has become a dream, chicken has become a mere guest on our table, and I have even started counting eggs one by one." The Economic Statistics Behind the Crisis A new report by the Central Bank of Iran revealed a historic jump in the annual inflation rate, reaching 77.2 percent year-on-year in the period between April 21 and May 20, with a monthly increase of 8.5 percent. Furthermore, point-to-point inflation for goods reached 113 percent. This is Iran's highest inflation rate since 1942, during World War II. The Perfect Economic Storm Arman Khaleghi, head of Iran's Chamber of Commerce, Industries and Mines, points to what he describes as a "perfect economic storm" of five factors that have all poured down simultaneously on the Iranian economy. These include: the elimination of the preferential currency, protests at the beginning of the year, the [US-Israeli] "Ramadan War," annual increases in wages and energy prices, and finally the naval blockade that hindered import and export chains. War's Impact on Consumer Behavior "With the outbreak of the war, people rushed to hoard basic goods, such as food and detergents," explains Khaleghi. "Demand jumped despite there being no real shortage in the markets, and this feverish rush alone is enough to drive up prices." The damage inflicted on primary industries, led by petrochemicals, has driven up packaging costs for the food, pharmaceutical and detergent industries, transmitting the contagion of inflation from the factory to the store shelf. The Maritime Blockade's Effect The maritime blockade has made travelling to Iran a perilous mission for cargo ships. "Even the mere news of a ship being targeted immediately raises prices, let alone the existence of actual difficulties and palpable shortages that have forced the search for more expensive alternative land routes," states Khaleghi. The Wage Paradox "The decision to raise wages and salaries was intended to compensate for the effects of the removal of the preferential currency rate and to preserve the purchasing power of the working class," explains Khaleghi. "However, the increase, which seemed substantial on paper, proved entirely insufficient in reality. The result is a sharp decline in real purchasing power, which begins by devouring household savings, then preys on health, medical, and education budgets, until it ultimately impacts daily sustenance." The Vicious Cycle of Economic Decline Khaleghi warns of a vicious cycle closing in on the economy: "We are in a situation where the state itself is bearing the brunt of the economic slowdown. Tax revenues, which were supposed to offset part of the cost of the preferential currency reforms, are also shrinking. Thus, we are faced with an impossible equation: the citizen's income is melting away, the state's income is eroding, and prices continue to soar to heights unseen in decades." Standing on the Edge of an Economic Iceberg "You would think the market is alive, but it is clinically dead," says Reza, 47, a shop owner. "People come here because the market is the last free place for entertainment. They wander aimlessly, remembering the days when they used to enter shopping malls and leave with bags that filled their car trunks." Mahmoud, 37, a lecturer at a private university, offers a historical perspective: "The country used to cover its wounds with petrodollars, and now that the effect of the anaesthetic has worn off, all the ailments have surfaced at once." He adds, "What worries me is not just the price hikes, but the experts' estimates of the consequences of flawed economic policies that have not yet emerged, because they have effectively hidden behind the noise of the war. This means we are standing on the edge of an iceberg; what we see now is only the tip."

Across the AI ecosystem, firms from Uber to Priceline are confronting token bills that dwarf their original forecasts, sparking a rush to build visibility, auditability, and guardrails around AI spend. Tokenomics Foundation Aims to Impose Cost Discipline on AI Tokens The Linux Foundation announced the creation of the Tokenomics Foundation, a standards body designed to codify metrics, definitions, and best practices for AI token usage—mirroring the FinOps movement that tamed cloud spend. Executive director J.R. Storment described the climate as an "existential crisis" for many enterprises, with budgets blown out by 3‑fold in early 2026. Escalating Bills Highlight the Scale of the Problem Uber exhausted its entire 2026 AI coding budget by April. Microsoft revoked Claude Code licenses for developers after a rapid cost surge. A Priceline employee reported a routine Cursor contract renewal that was 4‑5× more expensive than prior terms. One unnamed firm allegedly incurred a $500 million Claude bill after failing to set usage limits. Developer surveys from Faros AI show per‑developer token consumption rising 18.6× in nine months. Goldman Sachs projects global token usage to multiply 24‑fold by 2030. Emerging Market of AI Spend Management Tools Start‑ups and established vendors are racing to fill the visibility gap: Pay‑i offers granular tracking, measurement, and optimization of GenAI investments. Paid provides developer‑level cost dashboards and value‑based billing. Platforms such as Jellyfish, Waydev, and Faros AI deliver AI‑agent monitoring to prove ROI. Legacy cloud‑cost players like Ramp, Datadog, and New Relic are adding token‑level observability and GPU monitoring. At the upcoming FinOps X conference, AWS is expected to unveil new financial‑management features for enterprise AI spend. Standardization and Optimization Expected to Shape AI Economics The Tokenomics Foundation plans to release a canonical definition of “tokenomics,” open specifications, and novel metrics such as cost‑per‑intelligence and tokens‑per‑watt. Early adopters like OpenRouter-style model routers already shift queries to cheaper models, a practice that could become industry‑wide. Analysts argue that the greatest ROI will come from moving the broad middle tier of users from low to moderate token consumption rather than encouraging heavy‑use outliers. As Nishant Gupta of Salesforce notes, AI token economics demand a new operational muscle set, and the coming standards may provide the assembly line the industry still lacks.

More than a quarter of British musicians have lost all their EU work since 2021, according to new research by the European Movement UK. This decline signals a critical turning point for the UK's creative economy, where the post-Brexit regulatory landscape has fundamentally altered the feasibility of cross-border touring. The New Bureaucratic Walls of European Touring The primary driver of this crisis is the introduction of complex visa regimes and work permit requirements that differ across EU member states. Musicians now face the Schengen 90-days-in-180 rule, which severely limits the duration of work across the bloc. Additionally, the cost of logistics has skyrocketed; temporary admission (ATA) carnets now cost over £400, and security deposits can reach 40% of equipment value, making extended tours financially impossible for smaller acts. The Financial Fallout: A 45% Earnings Decline The economic impact is stark. The report indicates that average tour earnings have fallen by 45%, with 59% of musicians deeming touring in Europe no longer viable. This represents a massive contraction in revenue streams for a sector that contributed £8bn to the UK economy in 2024, including nearly £5bn in exports. Disruption Across the Creative Supply Chain The repercussions extend beyond individual artists to venues and producers. Mig Schallache, owner of The Louisiana in Bristol, notes that fewer European artists are visiting the UK, creating a void that UK artists cannot fill. This "supply chain" disruption leads to cancelled tours, reduced exports, and weakened collaboration, ultimately depriving audiences of diverse cultural experiences. The Long-Term Risk to UK Cultural Soft Power The loss of Creative Europe funding, which previously invested €111m in UK organizations between 2014 and 2020, further exacerbates the issue. Without addressing these mobility barriers, the UK risks not only economic loss but also a diminished cultural footprint on the continent, threatening the soft power that the music industry traditionally provides.

The Life and Legacy of Kanya King Kanya King, the entrepreneur and tireless champion of Black British music who founded the Mobo awards, has died aged 57 from colon cancer. The Battle with Illness The news was announced by the Mobo Organisation, who said she died on Wednesday “after a courageous and characteristically determined battle” with her illness. Tribute to a Fearless Champion “The music world has lost one of its most fearless champions,” the statement continues. “What Kanya created was never simply an awards ceremony. It was an act of cultural justice. Mobo did not just celebrate Black music; it legitimised it, amplified it, and demonstrated its commercial and creative power to a world that had too often chosen not to see it.” Early Life and Career Born to a Ghanaian father and Irish mother in Kilburn, north London, King was working as a TV researcher when she set about filling a gap in the marketplace: an awards ceremony that would celebrate the Black British musicians who were sometimes overlooked by other industry events. The Birth of Mobo She remortgaged her house to raise the money for the first Mobo awards, held in 1996, eventually turning it into an arena-filling event that has celebrated artists such as Stormzy, Dave and Olivia Dean in recent years.

The Punk Revolution That Changed Music ForeverFifty years ago this week, the Sex Pistols played their first Manchester gig at the city's Lesser Free Trade Hall. This relatively small event, attended by only a few dozen people, marked the beginning of a summer that would forever change British rock music. By the end of 1976, the music landscape had been completely transformed with the live debuts of the Clash, the Damned, and Buzzcocks, the arrival of fanzine Sniffin' Glue, and the first British gig by the Ramones. This punk explosion would ultimately obliterate everything that came immediately before it from the collective memory.The Forgotten Music Landscape of Pre-Punk BritainThe musical world that punk entered into has been largely forgotten in the shadow of its revolutionary impact. Reading the weekly music papers from 1976 reveals a deeply different landscape than what we imagine today. While familiar names like Elton John, Paul McCartney, Queen, the Who, and the Rolling Stones dominated, they were discussed in terms that now seem alien. An NME cover asked "Is Your Fave Rave Rock Star Old Enough To Be Your Father?" beneath the headline "All The People On This Page Will Be 30 Or Over During The Next Year - How Will They Live With It?" - a question that seems quaint given these artists' continued relevance decades later.The Economics of a Pre-Punk Music IndustryThe financial aspects of the pre-punk music industry present striking contrasts to today's market. The Rolling Stones' spring tour tickets that caused public hand-wringing in 1976 cost £3, equivalent to approximately £30 in today's money. This stands in stark contrast to the Stones' 2022 Hyde Park performance, where getting close to the stage would have cost £186. The industry was also experiencing different economic pressures, with Bruce Springsteen's UK promotion attempts being dismissed as "desperate hype around underwhelming music," while Nils Lofgren was being hyped as "one of the biggest stars in the world" based on his second solo album.The Cultural Shift That Punk RepresentedPunk's emergence represented a profound cultural shift in music and society. The movement wasn't just musical but ideological, challenging the perceived irrelevance of mainstream rock. As Mick Farren wrote in NME, rock had "lost its guts" and was "on an unalterable course to a neo-Las Vegas" because artists were "totally insulated from the real world." Punk's raw energy, DIY ethos, and anti-establishment stance provided a direct counterpoint to this perceived artistic complacency. The movement's impact extended beyond music, influencing fashion, politics, and youth culture in ways that continue to resonate.The Legacy of Punk and Its Forgotten VictimsAs we look back on punk's legacy, it's important to acknowledge the artists and bands who were effectively erased by its meteoric rise. The music press of 1976 was filled with names now largely forgotten: the Jess Roden Band, Nasty Pop, the Cate Brothers, and Elephunt. There was also a peculiar vogue for bands mixing music and comedy, such as Alberto y Lost Trios Paranoias and Supercharge, who apparently reduced audiences to stitches with their impersonations of popular acts. These artists and countless others represent the rich, diverse musical ecosystem that punk's revolution temporarily obscured, though some have since been rediscovered by music historians and crate diggers.