First Thing: Trump warns ‘clock is ticking’ for Iran to secure peace deal

‘Actions appear to be random,’ says mayor as suspects also allegedly took aim at buildings and houses in Texas cityThree youths are in police custody after a spree of at least 10 shootings wounded four people who appeared to be targeted randomly in Austin, Texas, according to authorities.The suspects who were arrested in connection with the shootings also allegedly took aim at various buildings and houses while driving around the capital city in stolen cars, the Austin police chief, Lisa Davis, said Sunday. Before the suspects were jailed, city officials temporarily ordered people residing in a large southern section of Austin to shelter in place, an exceptional public safety measure that spoke to the indiscriminate nature of the spree. Continue reading...

RMT union says two 24-hour stoppages from midday on Tuesday have been suspendedBusiness live – latest updatesPlanned strikes by drivers on the London Underground this week have been called off, the RMT union has announced.The union said that the two 24-hour stoppages from midday on Tuesday, which were set to disrupt travel over four days this week, had been suspended. Continue reading...

Pew research shows Americans are more worried than excited about AI as graduates voiced fears over jobsA former Google CEO, Eric Schmidt, was met with students’ boos at a university commencement address in Arizona on Sunday when he raised the topic of artificial intelligence (AI) and its effects.Schmidt – who led the tech giant for more than a decade, acquiring a multi-billion dollar fortune in the process – was speaking to as many as 10,000 graduating University of Arizona students when he addressed the impact of modern technology on society. Continue reading...

Mordecai Kurz argues tech oligarchs erode democracy through monopolies – and predicts how the trend may endThe billionaires of today are unusually aggressive in their hoarding of cultural and technological influence, according to Mordecai Kurz, a Stanford economist whose research connects monopoly power with political and economic inequality. In his new book, Private Power and Democracy’s Decline, publishing 19 May, he argues the US is living through an extreme version of a pattern that has repeated itself since industrialization: technological power concentrating in the hands of a few, which is eroding democracy.According to Kurz, technological moguls have long seen themselves as superior beings whose natural role is to shape society – so they have no problem disrupting the institution of democracy. During the first Gilded Age, in the late 19th century, as the US was enjoying its first ascent as an industrial powerhouse, wealthy industrialists like Andrew Carnegie and John D Rockefeller “invented all kinds of theories about human evolution”, twisting the logic of social Darwinism to convince themselves that their success was a sign they had been selected by nature to influence society, Kurz explained. Now, Anthropic CEO Dario Amodei has suggested his technology has a mystical potential to become a transcendent good. He’s also openly acknowledged it could lead to mass unemployment. Continue reading...

Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel pricesBusiness live – latest updatesRising prices have become the top financial concern for UK households, according to a monthly consumer confidence survey, before Wednesday’s official figures, which are likely to show inflation remaining stubbornly high.Amid fears of higher interest rates owing to increased fuel prices after the closure of the strait of Hormuz amid the conflict in the Middle East, households have become “increasingly gloomy about their financial situation”, the report said. Continue reading...

Matt Brittin begins task of finding budget cuts as World Service and Radio 4 journalists protest against plan to increase workloadsMatt Brittin, the BBC’s new director general, has warned staff that “tough choices are unavoidable” under his tenure, as his first day coincided with a strike by a group of the corporation’s journalists.Brittin, formerly Google’s most senior executive in Europe, arrived at the corporation’s New Broadcasting House while a group of journalists from the World Service’s flagship show Newshour and Radio 4’s The World Tonight were picketing in response to a plan to increase their workloads. Continue reading...

Use of AI is a valuable tool for weather prediction but only when it’s trained with ample data, experts sayAs the US prepares for hurricane season and a summer of record-breaking heat, experts fear the Trump administration’s cuts to climate and weather data programming could make the federal government’s weather forecasts less reliable when they are needed most.The National Oceanic and Atmospheric Administration (Noaa) late last year launched a suite of artificial intelligence-powered global weather forecast models which it said would improve “speed, efficiency, and accuracy”. In March, an agency official said those models are being trained with centuries of weather data. Continue reading...

Bill Bailey and Alan Titchmarsh paint gnomes for king’s garden at event in one-off to raise funds for RHS campaignGarden gnomes should make a permanent return to the Chelsea flower show, celebrities who have painted the mythical creatures for the king’s garden at this year’s event, have said.At the high-end event, which kicks off on Tuesday in the grounds of the Royal Hospital Chelsea, south-west London, the “tacky” statutes been frowned upon since 1927. Speaking at the show’s press day, the comedian and musician Bill Bailey and the gardener and author Alan Titchmarsurged the Royal Horticultural Society to lift the gnome ban permanently. Continue reading...

Startup has declined to release Claude Mythos AI model publicly amid fears it could be used by hackersBusiness live – latest updatesAnthropic is to brief the global finance watchdog on the implications of its Claude Mythos AI model, whose potential threat to cyber defences has alarmed experts.The US startup will discuss Mythos with the Financial Stability Board, which is chaired by the governor of the Bank of England, Andrew Bailey. Continue reading...

Participants who got single dose of psilocybin were more likely to abstain from cocaine than those who got placeboResults from a new clinical trial show that a single dose of psilocybin could be an effective treatment for cocaine addiction.The study, published in Jama Network Open this month, showed that 19 participants who received a single dose of psilocybin were more likely to abstain from cocaine than 17 participants who received a placebo of diphenhydramine, a common antihistamine. Continue reading...

Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecastsBusiness live – latest updatesThe International Monetary Fund has urged Britain to “stay the course” to cut government borrowing amid growing bond market concerns over a Labour leadership challenge.As Keir Starmer battles to cling on to power, the Washington-based fund said it was important to continue reducing the budget deficit “given market pressures and elevated implementation risks”. Continue reading...