Author: bibhuti

Key TakeawaysAI Financial Corp. holds 7.28B locked WLFI tokens worth $706M, down from a $1.46B cost basis, triggering a going concern warning.The $348.3M Q1 2026 unrealized loss on WLFI tokens drove a $271.5M net loss, with only $10.5M cash on hand.WLFI loaned AIFC $15M in January 2026 while holding ~46% equity, deepening related-party risk as token unlocks remain pending. AI Financial Corp Files Going Concern Warning Tied to $1.46B WLFI Token Buy AI Financial Corp. (Nasdaq: AIFC), formerly known as Alt5 Sigma Corporation, raised approximately $1.5 billion in August 2025 to acquire a large position in WLFI, the governance token…

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Jackie O’Quinn, who served as mayor in 2023/24, resigned from Brighton and Hove City Council on May 1, triggering a by-election in Goldsmid ward. The by-election is due to take place on June 25, with the result due to be announced on June 26. So far, Labour, Liberal Democrats and the Green Party have put forward candidates. Brighton and Hove Liberal Democrats have nominated Kim Leyland-Walker, who said she would “ensure concerns are heard and acted upon”. Kim Leyland-Walker (Image: Brighton and Hove Liberal Democrats) She said: “I understand what it is like to work your socks off just to…

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With roughly 50,000 fully AI-created tracks flooding Deezer every single day, the AI music revolution is no longer a hypothetical – it’s our current reality. AI music tools like Suno and Udio can generate complete, convincing tracks from a text prompt in seconds. You type a description, you get a song – no instrument, no music theory, no years of practice required. That’s interesting as a cultural debate – as a business story, it’s almost a distraction. The real question is what happens to all the infrastructure built around the old model of music-making – lessons, instruments, DAWs, production courses…

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Ahead of Google’s annual developer conference on Tuesday, Apple announced several new accessibility updates powered by Apple Intelligence to features like VoiceOver, voice control, live recognition, and real-time caption generation for videos. The company also said that Vision Pro users will be able to control a compatible wheelchair with their eyes using this update. The company said that Apple Intelligence’s image recognition feature in VoiceOver will understand the image better and describe it in greater detail. For instance, it can look at a bill and read out the details such as the amount and due date. Apple said that the…

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Sticky, glossy Char Siu Pork with tender meat, caramelised edges and that irresistible savoury-sweet Chinese barbecue flavour. Here’s how to make it at home! Nicky’s Notes Those little bits of char siu pork you get in special fried rice and Singapore noodles are the absolute best bits, aren’t they? Sticky, sweet, savoury, slightly smoky, with those caramelised edges that you know are going to be extra tasty. Cut it into slices and serve with rice, over noodles, stuffed into bao buns, or chop into bite-size pieces to add to fried rice and Singapore noodles (recipe coming soon). Boy! This recipe…

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Tuesday 19 May 2026 1:08 pm Milliman Financial Strategies Limited has announced the launch of the MGTS Milliman SmartShield Fund in the UK. The fund makes available to advisers a disciplined approach to managing downside risk, previously only available to insurers and institutional investors. Drawing on over 25 years’ experience in financial market risk management, with more than GBP 18 billion managed in similar strategies outside the UK, the fund has been developed to support advisers seeking a more structured and disciplined approach to retirement investment risk. “Many retirement income strategies are built on assumptions that no longer hold in…

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Oskar Block has never been able to stay away from entrepreneurship for long. He was just 18 when he launched his first startup, building machine learning models for sports betting. “I’ve always been drawn to solving difficult data problems,” he told TechCrunch. He went on to consulting, where he helped companies with their AI integration strategies and learned what it took to get large enterprises to embrace the technology.  Block then took a role at an autonomous trucking company, where he saw firsthand how manual and slow the patent process was. The idea for his next company came one evening…

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The city is to enjoy a warm spell from Friday, continuing into the Bank Holiday weekend with highs of 24 degrees on Saturday, Sunday, and Monday. This surpasses Turkey’s expected 21 degrees on Saturday. The dry weather will come as a welcome break, with showers of rain forecast to sweep across Glasgow until the early hours of Friday. What is the forecast for Glasgow this week? Tuesday, May 19: Lows of 10 degrees and highs of 17 degrees with light rain. Wednesday, May 20: Lows of 10 degrees and highs of 16 degrees with light rain. Thursday, May 21: Lows…

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LIVEUpdated 6 mins agoTheir Majesties’ arrived in Belfast to cheers from waiting members of the public on TuesdayKing Charles III and Queen Camilla are on an official visit to Northern Ireland this week(Image: Charles McQuillan/Getty Images)The King and Queen are back in Northern Ireland for a three day visit to the region.Charles and Camilla arrived in Belfast to cheers from waiting members of the public on Tuesday.Their Majesties’ visit to Northern Ireland began with a vibrant celebration of music, creativity and rich, diverse cultural heritage, as the royal couple joined organisers and performers to mark Fleadh Cheoil na hÉireann coming…

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