The Guardian Nachrichten

 

Sergey Brin gives $25m on top of $20m he's already given to Super Pac trying to block state's proposed 5% wealth taxA Google founder has more than doubled his financial contribution to the fight against a proposed wealth tax in California. New filings with the state show that former Alphabet president Sergey Brin donated $25m to a Super Pac dedicated to blocking the tax on top of $20m he had already given.Brin is not alone among Google's top brass in upping his financial stake in the campaign against the ballot proposal. The company's former CEO Eric Schmidt donated $1.02m, adding to a previous $2m contribution. Continue reading......

SEC now classifies crypto into five categories, with securities laws only applicable to one: digital securitiesThe US Securities and Exchange Commission (SEC) on Tuesday issued an interpretation clarifying which types of cryptocurrencies are considered securities and how a “non-security” digital asset could meet certain conditions to become an investment contract.The SEC's new interpretation – which the US Commodity Futures Trading Commission also joined – classifies crypto tokens into five categories: digital commodities, digital collectibles, digital tools, stablecoins and digital securities, with the agency specifying that federal securities laws only apply to digital securities. Continue reading......

Long-awaited Alexa+ aims to get Britons re-engaging with their devices – but it may have its work cut out“Commiserations, mate, Chelsea lost 3-0 in the Champions League last night against Paris Saint-Germain,” says Alexa as it attempts to break the news gently to an awaiting Blues fan. Such is the injection of personality and understanding that Amazon hopes will lead to Britons re-engaging with their millions of Alexa devices, restoring it to the cutting edge of voice assistants rather than resigned to being a glorified egg timer.After its early access launch last year in the US, the long-awaited generative AI upgrade Alexa+ is finally making its debut in the UK, supporting eight years of existing devices strewn through more than half of UK households. With the UK being Amazon's most engaged market and more than 40 accents to contend with across the UK and Ireland, the “next-generation ambient AI assistant” has its work cut out for it. Continue reading......

US president claims Israel will not attack South Pars again – but threatens to destroy 'extremely important and valuable' site if Iran continues to attack gas facilities in QatarMiddle East crisis – live updatesDonald Trump threatened to “massively blow up” the world's largest gasfield after Israeli strikes on the Iranian site prompted Tehran to step up attacks on energy facilities across the Middle East.Israel's decision to target the South Pars gasfield on Wednesday marked a major escalation of the war, heightening fears of significant disruption to international energy supplies. Continue reading......

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for nowExplainer: What will happen when the £100 limit is scrapped?Shoppers will not be able to splash unlimited amounts on contactless cards despite the lifting of a £100 cap on payments as Britain's banks held off on making changes.The official limit on individual contactless transactions on credit and debit cards has been scrapped but the UK's biggest high street and challenger banks have kept the £100 ceiling in place. Continue reading......

Changes revealed by Andy Burnham to support night-time economy follow rapid growth in ridershipNight buses will run to every borough in Greater Manchester as the city region expands its publicly controlled Bee Network.The mayor, Andy Burnham, announced a number of new services alongside figures showing rapid growth in ridership since buses were taken back under public control in 2023. Continue reading......

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 when he is in his element – up close with the technology he builds, or in business meetings discussing the imminent replacement of human workers by robots – he wears an exuberant smile that brings to mind an intern on his first day at his dream job. Guchi makes the machines that install wheels, dashboards and windows for many of the top Chinese car brands, including BYD and Nio. He took the name from the Chinese word guzhi, “steadfast intelligence”, though the fact that it sounded like an Italian luxury brand was not entirely unwelcome.For the better part of two decades, Chen has tried to solve what, to him, is an engineering problem: how to eliminate – or, in his v...

Business secretary announces new 'steel safeguards' during visit to Tata's Port Talbot plantThe UK is to double tariffs on Chinese and other foreign steel in a bid to save its remaining plants from collapse.The new “steel safeguards” came weeks after bosses at Tata Steel in south Wales warned the government they had just two months to be saved. Continue reading......

CenTax warns bill under debate in parliament has 'easily exploitable' loopholes and will not prevent foreign interferencePolitical donations by companies should be banned to protect UK elections from foreign interference, a thinktank has warned.In the first big overhaul of election funding in 26 years, ministers have pledged to “keep British democracy safe” by closing a loophole that allows individuals not eligible to vote in Britain to donate to political parties through UK-registered companies. Continue reading......

A worldwide freezing order has been imposed on Paresh Raja, the owner of a UK mortgage providerA £1.3bn worldwide asset freezing order has been granted against the tycoon accused of fraud after his UK mortgage lending business collapsed.Paresh Raja, the founder and chief executive of Market Financial Solutions (MFS), is now barred from dissipating assets worth up to the suspected value of funds allegedly missing from his mortgage and buy-to-let lending company, after orders from courts in London and Dubai. Continue reading......

Businesses say the chancellor's response to the problem is too timid and more radical thinking is neededWe'll have closer trade relations with the EU, be the fastest adopters of AI in the G7, shift some tax revenues to the regions and squash the Nimbys if they stand in the way of growth “corridors”. It's a plan. Or, at least, it's a sketch of a plan since the EU will surely have its own ideas on what it wants from trade renegotiations. Still, Rachel Reeves' big resetting speech this week set a direction.But then one comes to the elephant in the room: the sky-high cost of energy for UK industry. The fact the UK has some of the highest prices in the developed world would, you'd think, trouble more deeply a chancellor who blames the slowdown in UK productivity since the financial crisis on “anaemic levels of investment”. After all, those globe-trotting AI firms will be scrutinising electricity costs when choosing where to plant their power-hungry datacentres. Continue reading......

Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs marketSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices.Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices, fluctuating inflation that still remains above the Fed's target of 2% and a weakened job market that unexpectedly saw 92,000 losses last month. Continue reading......

Company says it will continue to sell cars with V12 internal combustion engines as there is demand from clientsRolls-Royce has abandoned its goal to sell only electric cars by the end of the decade.The luxury car company launched its all-electric Spectre model in 2022, saying at the time that it would end production of its vehicles with V12 internal combustion engines by the end of 2030. Continue reading......

Revolutionary Guards say they will strike infrastructure in Saudi Arabia, UAE and Qatar after South Pars field hitMiddle East crisis – live updatesBusiness live – latest updatesIran has threatened to attack energy infrastructure across the Gulf region in retaliation for Israeli strikes on its largest gasfield, marking the first targeted attacks on its fossil fuel production since the war began.Iran's Revolutionary Guards have threatened counterstrikes on several energy facilities across Saudi Arabia, the UAE and Qatar “in the coming hours” after state media reports that missiles had targeted its gas facilities at the giant South Pars field, the largest gas reserves in the world. Continue reading......

Long seen as the poor relation to arabica, small growers in the Amazon are rebooting the more resilient robusta's reputationRead more in the Coffee crisis series hereWhen the Paiter Suruí community expelled the last invaders of their land in 1981, they faced a divisive decision. Should they keep the coffee plantations left by the colonisers? Some destroyed them because of the death and violence contact with the non-Indigenous world had caused. Others felt sorry for the trees and couldn't kill them.More than 40 years later, those estates that survived are being nurtured, supporting families and the environment. “Today, we use coffee as a way to preserve the forest,” says Celeste Paytxayeb Suruí, a famous Indigenous barista and coffee producer in Brazil. The award-winning fine coffee she prepares is called “Amazonian robusta”, and is produced in the Brazilian state of Rondônia in the western Amazon. Continue reading......

In this week's newsletter: the creator of All Will Rise standing up to the tech giant –and joining the No Games for Genocide movement• Don't get Pushing Buttons delivered to your inbox? Sign up hereVideo games are in a funding crisis. Investor money flowed freely during the pandemic gaming boom, but now the well has run dry. It is increasingly difficult, for indie developers especially, to get the capital to make games. And it is extremely unusual, then, to hear of a developer returning an investor's money. Yet that is what Speculative Agency, developers of All Will Rise, have just done.Last year, All Will Rise, a deck-building game about a team of activists fighting for the future of their oligarch-run city, received money from Microsoft as part of a developer acceleration programme. In late-2025, however, the team became aware of No Games for Genocide, a collective of developers, journalists, union organisers and others that came together as a result of Israeli assault on Gaza to protest against ...

Emanuel Fabian says his routine report became focus of wager with $23m at stake on online prediction platformAn Israeli journalist received threatening messages from users of the online prediction platform Polymarket after one of his reports, on a minor missile strike near Jerusalem, suddenly became the focus of an unresolved bet about the Israel-Iran conflict.“After you make us lose $900,000 we will invest no less than that to finish you,” said one message to the journalist, Emanuel Fabian. Continue reading......

Offer to reform taxes, tackle 'rip-off Britain' and overhaul fiscal rules could tempt exasperated Labour supportersZack Polanski says Greens would ditch GDP targets and focus on wellbeing insteadThe venue for Zack Polanski's economic speech on Wednesday – a sunny north London garden centre – could hardly have been more different to the sombre City backdrop for Rachel Reeves's Mais lecture on Tuesday.The chancellor was, as it happens, the last politician to give a major economic speech at the New Economics Foundation (NEF), the leftwing thinktank that invited the Green party leader, Polanski, to set out his stall as part of its 40th anniversary celebrations. Back in 2018 it hosted the speech in which, as a backbencher, Reeves called for an “everyday economics” that would prioritise the needs of low-paid workers. Continue reading......

A speech delivered last night by Labour's former deputy prime minister has intensified the debate about the party's future. We reproduce an edited extract of it hereWhen the British people voted for us, they voted for change and against a government that did not stand up for their interests. They were disillusioned by a system that is rigged against them, which they want us to transform. The Labour party is at its best when we are bold, when we stand for and stand by our values, and show we are delivering on them. We should make clear that our driving mission is to represent working people. When vested interests stand in the way, we should not shy away from a fight. We should take them on, head on.We did it with the employment rights bill. For millions of workers, after decades of low pay and insecurity, we chose stronger rights and security. We did it with the Renters' Rights Act. For the renters who lived in fear that they could lose their home in an instant, we chose to ban no-fault evictions and st...

Leader uses first major economic speech to prioritise public services and reduction of inequality over growthA government led by the Green party would not set targets for GDP growth but would instead focus on people's mental health, social cohesion and community welfare, Zack Polanski has said in a major speech to set out his plans for the economy.In his first policy address since taking over as leader of the Greens in England and Wales six months ago, Polanski condemned what he called “rip-off Britain”, where a minority of asset owners benefited at the expense of people obliged to pay unaffordable sums for housing and other basics. Continue reading......