Technology

Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool
Posted on Friday April 17, 2026

Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days

British banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its impact.

Anthropic, which has so far limited the release of the new model to a small clutch of primarily US businesses, including Amazon, Apple and Microsoft, said it would expand that to UK financial institutions.

Liz Kendall urges UK public to embrace AI as government makes first £500m fund investment
Posted on Friday April 17, 2026

Technology secretary plays down fears over jobs and cyber security as stake taken in British startup

The UK technology secretary has urged the country to “make AI work for Britain”, brushing off fears about its impact on jobs and cybersecurity as the government announced its first investment under a £500m sovereign AI fund.

Liz Kendall said the UK had to “seize” the opportunity offered by AI despite concerns underlined this month when US startup Anthropic revealed it had developed an AI model that posed a potentially significant cyber threat.

Asked how the government makes the case for embracing a technology that could disrupt jobs and now cybersecurity, Kendall said: “We have to seize this to make it work, for Britain, for our jobs, for solving the biggest challenges we face as a world.”

Speaking on Thursday as the government unveiled its first investment in a UK company as part of a £500m sovereign AI fund, Kendall acknowledged “people are worried about the risks and what it means for their jobs”, but AI entrepreneurs also believed they can “make it work … they can create jobs”.

UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor
Posted on Friday April 17, 2026

Adult video platform to sell minority stake to increase stability after death of its owner Leonid Radvinsky

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OnlyFans, the UK adult video platform, is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (£2.2bn).

The London-based company is in advanced talks to sell a stake of less than 20% to the San Francisco-based investment firm Architect Capital, according to the Financial Times. Sources familiar with the process confirmed the talks to the Guardian.

Newly unsealed records reveal Amazon’s price-fixing tactics, California attorney general claims
Posted on Thursday April 16, 2026

Exclusive: A trove of previously redacted documents was filed as part of the tech giant’s anti-trust battle with the state of California. Amazon denies it engages in price-fixing

Hundreds of previously redacted records reveal how Amazon has put pressure on independent sellers using its platform into raising their prices on the sites of competitors such as Walmart and Target, so that Amazon can appear to have lower prices, California authorities allege.

The global conglomerate became concerned even if a competitor was selling an item for as little as a penny less, according to one segment of the newly unredacted evidence.

US tech firms successfully lobbied EU to keep datacentre emissions secret
Posted on Friday April 17, 2026

Legally questionable confidentiality clause adopted almost word for word from demands of Microsoft and trade groups

Microsoft and other US tech companies successfully lobbied the EU to hide the environmental toll of their datacentres, an investigation has found, with demands to block a database of green metrics from public view written almost word for word into EU rules.

The secrecy provision, which the European Commission added to its proposal almost verbatim after industry lobbying in 2024, hinders scrutiny of the pollution that individual datacentres emit. It leaves researchers with just national-level summaries of their energy footprints.

‘How do I end a call?’: the elderly Japanese people determined to master smartphones
Posted on Friday April 17, 2026

Elderly people take advantage of courses on how to navigate mobile devices and avoid ‘analogue isolation’

It’s not only young people whose gaze is fixed on tiny screens. But for these users in Tokyo, clicking and scrolling is anything but second nature.

“I can’t deal with all of the apps that jump out at me,” says one. “How do I know if I’ve definitely ended a call?” asks another.

Netflix co-founder Reed Hastings to leave streaming service
Posted on Friday April 17, 2026

Chair’s decision to not seek re-election ‘not as a result of any disagreement’, company says in filing

Reed Hastings, the Netflix chair, is leaving the streaming service he co-founded almost 30 years ago as the company regains its footing after losing out on a $72bn (£53bn) deal for Warner Bros Discovery.

In a 14-page letter to investors released on Thursday, Netflix said Hastings would not stand for re-election at its annual meeting in June and planned to focus on philanthropy and other pursuits.