OpenAI investor calls for tax overhaul as AI reshapes jobs market March 29, 2026 An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]
Social media bosses not serious about safety, says MP March 28, 2026 Tech bosses have not been “serious” about social media safety, an MP who formerly worked on Meta’s AI ethics team has said. In an interview with the BBC, former minister Josh Simons said a recent court decision finding Meta and Google liable for a woman’s childhood social media addiction should “terrify” tech chiefs. The jury [...]
Musk plans 30 per cent retail slice in SpaceX IPO March 27, 2026 Elon Musk is considering allocating up to 30 per cent of SpaceX’s long-awaited IPO to retail investors, in a break from a standard Wall Street practice for what could be one of the biggest listings in years. The proposed structure, which is not yet final, would give individual investors a far larger share of the [...]
Harlequins: Is owner joining board a cause for concern for Prem Rugby club? March 27, 2026 It is not uncommon for rugby clubs and their associated companies to appoint directors to their boards; it happens quite often and the more eye-catching news tends to relate to individuals who are removed from their posts. Take the departure of Lloyd’s of London’s chief financial officer Alexandra Cliff from the Saracens board after less [...]
Rolls-Royce to launch ultra-exclusive Coachbuild Collection March 27, 2026 Rolls-Royce has announced an ultra-bespoke Coachbuild Collection, with the first car in the series due to be revealed next month. Described as a ‘new proposition in super-luxury’, the Coachbuild Collection will consist of very limited-edition cars in exclusive body styles. Those invited to buy a Coachbuild Collection car also gain access to a multi-year programme [...]
Lloyds Bank forks out compensation after tech glitch hit nearly half a million March 27, 2026 Nearly half a million Lloyds Banking Group mobile app users were hit by the firm’s major tech glitch earlier this month with the bank now dishing out compensation payments to some of those affected. Up to 447,936 customers of Lloyds and group subsidiaries Halifax and Bank of Scotland saw other rogue transactions across their accounts [...]
Retail sales fall as Brits cut back on supermarket spending March 27, 2026 Retail sales fell in February, as low spending in food and household goods stores could not offset the strong performance of online sellers. The quantity of goods bought in February fell by 0.4 per cent, down from the surprise two per cent rise in January, which was revised up from 1.8 per cent, according to [...]
Cole Palmer: Why Chelsea and England star trademarked ‘Cold Palmer’ celebration March 27, 2026 With Cole Palmer set for the Fifa World Cup this summer, why did he choose to trademark his Cold Palmer celebration? City AM asked the team behind the move. “Intellectual property: intangible property that is the result of creativity, such as patents, copyright or other,” the Oxford Dictionary says. It’s something we’d expect to be [...]
WP Engine Announces DE{CODE} 2026: Shape What’s Next March 26, 2026 The seventh annual virtual conference explores the Intelligent Web, a new era of digital experiences serving both human and AI audiences
Nato: Starmer’s defence spending pledge lagging behind March 26, 2026 Sir Keir Starmer’s pledge to upgrade the armed forces is facing renewed scrutiny after official Nato figures suggested that spending in defence was lagging ahead of a crucial expenditure target in 2027. Starmer said last year that the government would increase spending on defence to 2.6 per cent of GDP from 2027. But Nato, the [...]