Patagonia faces PR backlash over trademark lawsuit with drag queen June 2, 2026 Patagonia is in hot water over its legal action against a drag queen, but as lawyers suggest, businesses face a double-edged sword when it comes to protecting their trademarks. A drag queen artist and environmentalist, Wyn Wiley, was sued by the US outdoor retailer Patagonia, which alleged the performer violated its trademark by going professionally [...]
Perpetuals Reports $4.5 Billion in UpsideOnly Volume and Signs Exchange Agreement With Datavault AI for Tokenized Commodities June 2, 2026 UpsideOnly draws more than 30,000 active users from 185 countries in its first two weeks Perpetuals signs exchange agreement with Datavault AI, bringing tokenized gold, copper, geothermal energy, and critical minerals to 24/7 regulated global trading
Is Zack Polanski’s honeymoon over? June 2, 2026 Green Party leader Zack Polanski’s approval ratings have dived as scrutiny over his past experiences has put him in an awkward position. City AM/Freshwater Strategy polling has shown that Polanski’s approval ratings have dropped from a high of -5 in March to as low as -23 in this month’s data. On a monthly basis, his [...]
Smartstream Launches Smart Agents for Back-Office Operations, Proven Across Tier 1 Pilots June 2, 2026 Key Facts Smart Agents is now widely available to Smart Reconciliations clients, covering bank reconciliations, cash breaks, settlement exceptions, and post-trade investigations — combining client institutional knowledge with Smartstream’s domain expertise to deliver value from day one. Pilot results demonstrate a 97% reduction in investigation time per exception, from 14 minutes manually to 30 seconds, with Tier 1 clients projecting 50–70% automation in year one. Smart Agents surfaces the steps requiring human action and executes everything else autonomously — including counterparty and internal communications, available in assistive and autonomous operating modes with human-in-the-loop oversight, full audit trail, step-by-step explainability, complete data privacy, and intelligence that compounds continuously over time.
ThetaRay Gamifies Financial Defense at Money20/20 Europe with a Compliance Twist on “Where’s Waldo” June 2, 2026 With “Spot The Money Mule”, ThetaRay unites Agentic AI and public education to disrupt criminal recruitment; pushing for an ecosystem-wide stand against illicit finance.
Bluesky bets on the end of X and Meta’s social media grip June 2, 2026 Social media is moving beyond platforms controlled by a “few billionaires”, according to Bluesky’s chief operating officer, as governments in the UK and Europe step up scrutiny of X, Meta, and other Big Techs. Speaking at SXSW London, Rose Wang said Bluesky was built in response to a social media market dominated by a handful [...]
Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion June 2, 2026 Oversubscribed Fund More than Doubles Capital Raised for Predecessor Vehicle
Iran ‘pulls out of talks with US’ and threatens to strike Israel June 1, 2026 Iran has withdrawn from peace talks with the United States and threatened to launch an attack on Israel after the Netanyahu administration announced plans for an air strike on neighbouring Lebanon. According to a state-affiliated news agency, Tehran has vowed to hit back at northern Israel if Lebanon is hit by Israeli strikes and end [...]
‘Be more Trumpian’ – Mandelson discussed dire economy and ‘lack of verve’ with key Starmer ally June 1, 2026 One of Keir Starmer’s closest allies hit out at Downing Street’s thinking on economic policy as he complained about the government’s push to tax people to pay for more benefits, the latest Mandelson files have revealed. Pat McFadden told Peter Mandelson in May last year that meetings he attended centred on questions about hiking taxes [...]
Squash players turn to social media to cash in on LA Olympic Games opportunities June 1, 2026 British squash players are turning to social media to create commercial opportunities as athletes look to cash in on potential revenue streams. Following on from the success of athlete content at the Milano Cortina Winter Olympics – TikTok told City AM that there were 99,900 posts tagged with the official hashtag, with tournament-related searches dominating [...]