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Leonid Radvinsky, owner of OnlyFans, dies aged 43
Ukrainian-American billionaire who owned subscription service for adult content died of cancer, the company says Leonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43, the company announced on Monday. “We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with…
AI boom risks widening wealth divide, says BlackRock’s Larry Fink
CEO of asset manager says only a few firms and investors may reap rewards from growth in the technology The boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has said. The boss of the $14tn (£10.4tn)…
Inside China’s robotics revolution
How close are we to the sci-fi vision of autonomous humanoid robots? I visited 11 companies in five Chinese cities to find out Chen Liang, the founder of Guchi Robotics, an automation company headquartered in Shanghai, is a tall, heavy-set man in his mid-40s with square-rimmed glasses. His everyday manner is calm and understated, but…
Inside the fiery, deadly crashes involving the Tesla Cybertruck
Cybertrucks have locked passengers inside and burned so hot they’ve disintegrated drivers’ bones. Victims’ families blame what they say is the faulty design of a truck Elon Musk calls ‘apocalypse-proof’ When sheriff deputies arrived at the scene of a late-night crash off a desolate Texas road in August 2024, they could see a giant pyre…
Elon Musk’s Tesla given go-ahead to supply electricity in Great Britain
Ofgem licence means firm can replicate Texas setup of powering homes, businesses and EVs Elon Musk’s Tesla has won approval to supply electricity to households and businesses across Great Britain, as the tech billionaire expands his energy ambitions. The energy regulator, Ofgem, has formally granted Tesla an electricity supply licence, enabling it to provide electricity…
‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year
Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says Cifas Criminals are increasingly exploiting AI technology to take over people’s mobile, banking and online shopping accounts, the UK’s leading anti-fraud body has warned. Last year, a record number of scams were reported to the national fraud database, fuelled by…
Current and former Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs: ‘You can’t really AI that’
The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity Mark remembers the first time he wondered whether he was teaching Block’s AI tools how to do his job – and maybe even replace him. He was at his fintech company’s extravagant anniversary…
Tech oligarchs reshape humanity while billionaires of old seem quaint
From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the future When Bill Gates became the first modern IT mogul to reach the apex of wealth and power in 1992, the world was a very different place. Gates joined the top 10 on Forbes magazine’s billionaires list…