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Business May 15, 2026

Tesco CEO Ken Murphy’s Pay Jumps to £10.8m as Market Share Hits Decade High

Tesco’s chief executive, Ken Murphy, earned £10.8 million in 2025‑26, a rise of more than £1 millio…
Tesco’s chief executive, Ken Murphy, saw his total remuneration climb to £10.8 million for the 2025‑26 financial year, up by roughly £1 million from the previous period. The boost reflects the supermarket’s strongest market‑share performance in a decade and a shift in the company’s long‑term bonus criteria. Ken Murphy’s Compensation Package Surpasses £10m Amid Record Market Share The annual report details a pay structure that combines a higher basic salary, a sizable annual bonus and a long‑term incentive tied to shares. Basic pay: £1.54 million (3% increase) Annual bonus: £3.4 million Long‑term bonus: £5.7 million (includes company shares) Financial Breakdown: £10.8m Pay, Bonus Structure and Shareholder Returns The composition of Murphy’s pay highlights where Tesco is rewarding performance: Full payout of cash‑flow and earnings‑linked components. Full credit for carbon‑reduction initiatives, such as the rollout of electric delivery vehicles. Reduced credit for the food‑waste target – only 25% of the maximum possible, after the goal was missed. Minimal credit for DEI metrics – just 1 percentage point out of a possible 8.3. What the Pay Rise Signals for UK Grocery Competition Tesco now commands 28.1% of the UK grocery market, up from a low of 26.5% in 2020 and approaching its historic peak of nearly 32% in 2007. The rise in market share has been driven by weaker performance from rivals Asda and Morrisons. By linking future bonuses to market‑share targets rather than food‑waste reductions, the pay committee signals a strategic focus on growth and competitive positioning. Future Outlook: Bonus Targets and Market Share Ambitions Looking ahead, Tesco aims to reach a 30% market‑share milestone by the end of the next bonus cycle, while maintaining its long‑term goal of cutting food waste by 50% by 2030. The removal of the food‑waste metric from the 2026‑29 bonus scheme suggests that executive incentives will increasingly reward market‑share gains, potentially prompting other UK retailers to reassess their own compensation frameworks.
#Tesco #Ken Murphy #Executive Compensation
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Entertainment May 15, 2026

Valie Export: The Feminist Artist Who Provoked Revolution Through Art

Valie Export, the pioneering Austrian feminist artist whose provocative performances challenged pat…
The LeadPunk, intellectual, feminist, theorist, brave as hell, vulnerable, funny—Valie Export was a hero to many women. Since the 1960s, she was driven by a fierce conviction that art and media would play an essential role in women's liberation: that women must picture their own reality in the name of social progress. In Women's Art: A Manifesto (1972), she wrote that women must "use art as a means of expression, so as to influence the consciousness of all of us". What she demanded was revolution.The Revolutionary Art of Valie ExportI keep returning to her work. Can't stay away. Her work was heavy with explicit threat and pain, and she made evident the violence of forcing women's bodies to inhabit structures that were not designed for them. For the 1973 performance Hyperbulia she crept naked through a corridor of electrified wires, exposing herself voluntarily to shocks. Her 1976 photocollage The Birth Madonna shows a woman positioned like a Renaissance Madonna seated on a drying machine from which spews a bloody towel—it still provokes shock.Challenging Societal ConstraintsExport spoke with tremendous clarity about her work and the ideas underpinning it. Her father died during the war, and she was sent to a convent with her two sisters while their mother worked as a primary school teacher. The first of her many expulsions came aged 10 when she was discovered exploring the nun's living quarters. Her experience of girlhood was of constraint—of having little or no control over her own life.In 1967, aged 27, she swapped her married name Waltraud Höllinger for the moniker VALIE EXPORT. A play on a cigarette brand, written in capital letters, it was a decisive rejection of patriarchal structures. She would be known neither by her father's name, nor by her ex-husband's.The Power of PerformanceHer work was intended to explode the structures containing her—in cinema, in art and in the wider society. In Action Pants: Genital Panic (1969) she walked along the rows of a Munich art cinema with her exposed pubic region level with punters' faces, and plastered the walls of Vienna with posters of herself in crotchless trousers holding a gun.For Tap and Touch Cinema in 1968, she constructed a theatre in a box strapped to her chest, with people on the street invited to reach into the darkness and touch her breasts while she watched them. Documentary of the performance exposes the shifting power dynamic between Export and the men who accept the invitation. It was brilliantly subversive and unsettling.More recently, her 1968 performance From the Portfolio of Doggedness has drawn attention—during which she led Peter Weibel crawling through the streets of Vienna by a dog lead. Weibel was dressed in a business suit, a disturbing echo of the commuters milling around him.A Lasting Feminist LegacyHer 1972 manifesto described how the spark kindled by women's art might ignite far-reaching social change. It concludes by stating the importance of documenting and honouring the life and work of those who had come before, as we must now do hers. "The future of women will be the history of woman."I grieve her in the most selfish way: there were so many things I wanted to ask her about. Having survived decades in which women's art was marginalised and ignored, she had so much to tell us. Like a fool, I kept delaying a planned interview. Now it's too late.
#Valie Export #feminist art #performance art
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Tech May 15, 2026

Osaurus Brings Local and Cloud AI Models Directly to Mac Users

Osaurus has launched an open-source, Apple-only LLM server that allows Mac users to seamlessly swit…
The LeadOsaurus has introduced an innovative open-source, Apple-only LLM server that allows Mac users to seamlessly switch between local and cloud AI models while maintaining data privacy on their own hardware. This development addresses growing concerns about AI token costs and security by providing a user-friendly interface that runs AI in a hardware-isolated virtual sandbox.The Evolution from Dinoki to OsaurusOsaurus evolved from the idea for a desktop AI companion called Dinoki, which Osaurus co-founder Terence Pae described as a sort of "AI-powered Clippy." Dinoki's customers had questioned why they should buy the app if they still had to pay for tokens—the usage units AI companies charge for processing prompts and generating responses. This concern led Pae to develop Osaurus as a solution that allows users to run AI locally on their Macs, accessing files, browsers, and system configurations without relying on cloud services.Technical Capabilities and Model SupportOsaurus can flexibly connect with locally hosted AI models or cloud providers like OpenAI and Anthropic, allowing users to choose which AI models best fit their needs. The platform supports various models including MiniMax M2.5, Gemma 4, Qwen3.6, GPT-OSS, Llama, and DeepSeek V4. It also supports Apple's on-device foundation models, Liquid AI's LFM family of on-device models, and cloud connections to OpenAI, Anthropic, Gemini, xAI/Grok, Venice AI, OpenRouter, Ollama, and LM Studio. As a full MCP (Model Context Protocol) server, it provides access to tools for MCP-compatible clients and ships with over 20 native plugins for Mail, Calendar, Vision, macOS Use, XLSX, PPTX, Browser, Music, Git, Filesystem, Search, Fetch, and more. Recent updates have also added voice capabilities.User Adoption and Market PositionSince launching nearly a year ago, Osaurus has been downloaded over 112,000 times according to its website. The platform distinguishes itself from similar tools like OpenClaw or Hermes by offering an easy-to-use interface for consumers rather than developers, while addressing security concerns through a hardware-isolated, virtual sandbox that limits the AI's scope and keeps users' computers and data safe. Currently, Osaurus' founders, including co-founder Sam Yoo, are participating in the New York-based startup accelerator Alliance.The Future of Local AI and Business ApplicationsOsaurus' founders are exploring potential business applications, particularly in sectors like legal services and healthcare where running local LLMs could address privacy concerns. The team believes that as local AI models become more powerful, they could reduce demand for AI data centers. Pae noted that "the intelligence per wattage—which is like the metric for local AI—has been going up significantly," with local AI evolving from barely being able to finish sentences last year to now being able to run tools, write code, access browsers, and perform various tasks. The vision is for businesses to deploy Mac Studios on-premise, using substantially less power than traditional data centers while maintaining cloud-like capabilities.
#Osaurus #Terence Pae #Local AI
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Entertainment May 15, 2026

Eurovision Icons Share Untold Stories: From Winning with Fever to Becoming Internet Memes

Eurovision legends reveal behind-the-scenes tales from the iconic competition, including Mr. Lordi'…
The LeadAs Eurovision celebrates its 70th anniversary, some of the most iconic figures from the competition share their untold stories. Not many 70-year-olds spend their nights with pop singers in sparkly catsuits or nightmarish monsters barking out heavy metal, but these Eurovision veterans have experienced it all. From winning while sick with fever to becoming internet memes overnight, their tales reveal the unique magic and challenges of Europe's most beloved music competition.The Metal Monster's VictoryMr Lordi, frontman of Finnish metal band Lordi and winners in 2006, recalls how their journey began with no expectations: "When we were invited to enter the Finnish national contest to be the Eurovision entry, we thought we had absolutely no chance. We just wanted some free TV for our new album." Despite their casual approach, they won the popular vote by a landslide.Their arrival in Athens created a media frenzy: "We'd arrive in the press room in our full costumes, you know, just minding our own business. Then the press would go: 'Oh, fucking hell, that's Lordi!' and run to us." Their unconventional approach drew both attention and complaints from other contestants.Despite their eventual victory, Lordi's performance was far from perfect: "On the night, that performance was one of the worst versions I personally have ever delivered of Hard Rock Hallelujah. I was sick with a fever. And it's so hot in that costume you have your own mobile sauna with you."The aftermath was unexpectedly harsh: "Within a year, the backlash started. A lot of metal and rock people really resented us for winning. They thought we had sold out. But then, surprisingly fast, normal people started joining in."The Saxophone SensationSergey Stepanov, saxophonist of Moldovan band SunStroke Project who placed 22nd in 2010 and 3rd in 2017, shares how Eurovision changed his life completely. "Going to Eurovision was always a dream for me. When I was young, I would watch with my mother, and the artists performing seemed so different from us they were like spacemen."Their first experience in Oslo was modest but impactful: "We did not have a lot of money. All we had to make people remember us was our energy, our music – and how much fun we had." Their unexpected fame came later: "After we came back, my friend called me and said: 'You are a meme: Epic Sax Guy. You are famous in the United States!' Until that moment, I had no idea what a meme was."Their return in 2017 brought even greater recognition: "When we went back in 2017, we were about to go on stage when our producers gave me the phone. It was the president of Moldova. He said: 'Guys, are you ready to do a miracle?' We went out and came third."Steppanov describes the transformative power of that moment: "The moment I started to do my moves in 2017, the crowd got so loud I couldn't even hear what I was playing. At that point, I knew my life wouldn't be the same afterwards."The Zero Points ExperienceJames Newman, who represented the UK in 2021 and became the second British act to score nul points, shares his experience of the competition. While the article cuts off before detailing his full story, the heading suggests a dramatic experience that contrasts with the triumphs of other Eurovision participants.
#Eurovision #Mr Lordi #Sergey Stepanov
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Sports May 15, 2026

Premier League Transfer and Tactical Roundup: Senesi Exit, Gordon Rumours, and Fernandes’ Trophy Hunt

A mid‑season Premier League roundup reveals Bournemouth’s defender Marcos Senesi will leave on a fr…
The latest Premier League developments span contract expiries, transfer speculation, and individual ambitions as clubs brace for the summer window. From Bournemouth confirming a key defender’s departure to Newcastle’s manager subtly acknowledging a potential Bayern Munich deal, the landscape is shifting ahead of the 2026‑27 season.Bournemouth Confirm Marcos Senesi’s Summer ExitMarcos Senesi will depart AFC Bournemouth when his contract expires at the end of the 2025‑26 season. The Argentine centre‑back joined the club from Feyenoord in 2022 and has become a target for multiple suitors after solid performances this campaign.Eddie Howe Indicates Anthony Gordon Could Depart for Bayern MunichNewcastle United manager Eddie Howe suggested that Anthony Gordon may have been rested partly with a view to a future move to Bayern Munich. Gordon has missed the last four games, two due to a hip flexor injury, while reports link him to a €80 million summer transfer.Tottenham Hotspur Await West Ham Result While Resting Over WeekendTottenham, currently 17th, will not play this weekend and will monitor West Ham’s clash with Newcastle before their Tuesday away fixture at Chelsea. Forward Richarlison urged teammates to stay calm, emphasizing the importance of points in the final two games.Bruno Fernandes Targets Premier League and Champions League SuccessManchester United captain Bruno Fernandes reiterated his goal of winning both the Premier League and the Champions League next season. He is one assist away from matching the league record of 20 assists, a milestone shared by Kevin De Bruyne and Thierry Henry.Jack Hinshelwood Nears Brighton Scoring RecordLeeds United’s Jack Hinshelwood is on the verge of breaking a Brighton record by scoring in four consecutive Premier League matches, a feat no former Seagull has achieved. His development has been aided by former Brighton striker Bobby Zamora.Transfer Market Implications and Contract TimelinesSenesi – contract ends June 2026; likely to leave on a free transfer.Gordon – rumored €80 million move to Bayern; no official offer confirmed.Fernandes – contract extension talks ongoing; potential release clause reported at £200 million.Potential Shifts in Club Strategies Ahead of SummerWith key contracts expiring, clubs like Bournemouth and Newcastle may prioritize reinvestment in midfield and defensive depth, while Tottenham’s precarious league position could force a late‑season push for experienced signings.Outlook for the 2026‑27 Transfer WindowExpect heightened activity around free‑agent departures and high‑profile moves such as Gordon’s. Clubs will balance immediate survival needs with long‑term squad building, making the upcoming window one of the most dynamic in recent Premier League history.
#Marcos Senesi #Anthony Gordon #Eddie Howe
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Entertainment May 15, 2026

Renowned Feminist Artist Valie Export Dies at 85

Austrian performance artist and filmmaker Valie Export died in Vienna at age 85, three days before …
Lead: Valie Export’s Death Marks End of a Pioneering EraThe Austrian performance artist and filmmaker Valie Export passed away in Vienna on May 15, 2026, just three days shy of her 86th birthday. Her death closes a chapter on a career that consistently challenged the male gaze and redefined feminist expression in contemporary art.Groundbreaking Performances that Redefined the Male GazeExport’s early work shocked and fascinated audiences. In 1968 she staged "Tap and Touch Cinema", strapping a miniature theatre stage to her chest and inviting passers‑by to touch her bare breasts through a curtain, while a megaphone‑wielding colleague timed each action. The 1980 Venice Biennale centerpiece "Birth Bed" featured an oversized female abdomen, neon lights emanating from a vulva, and a TV broadcasting a Catholic mass, confronting patriarchal power structures head‑on.Key Milestones and Numbers in Export’s Career1940: Born Waltraud Lehner in Linz, Austria.1967: Adopted the name Valie Export (nickname + cigarette brand).1968: Co‑founded the Austrian Filmmakers Cooperative.1970: Faced pornography charges; custody of her daughter briefly withdrawn.1977 & 2007: Exhibited at Kassel’s documenta.1980: First female artist (with Maria Lassnig) to fill the Austrian pavilion at the Venice Biennale.1985: Feature film The Practice of Love nominated for the Golden Bear at Berlin.1995‑2005: Professor of multimedia and performance at the Academy of Media Arts, Cologne.2015: Linz opened the Valie Export Centre for Media and Performance Art.Impact on Feminist Art and Contemporary CultureCritics and curators, including gallerist Thaddaeus Ropac, describe Export as “one of the most visionary feminist artists” of post‑war Europe. Her interventions exposed the objectification of the female body, influencing artists such as Marina Abramović, who re‑enacted Export’s “Genital Panic” in 2005 at the Guggenheim. Museums worldwide now feature her work as a cornerstone of feminist art history.Looking Ahead: Preservation and Influence of Export’s WorkWith the establishment of the Linz centre and ongoing retrospectives, Export’s oeuvre is set to remain a reference point for future generations. Scholars anticipate new scholarly editions of her performances, while digital archives aim to make her interventions accessible to a global audience, ensuring that her challenge to patriarchal structures endures beyond her lifetime.
#Valie Export #Austrian performance art #Venice Biennale
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Entertainment May 15, 2026

Marisa Anderson's Global Folk Revival: The Anthology of UnAmerican Folk Music

Marisa Anderson releases 'The Anthology of UnAmerican Folk Music,' a collection inspired by Harry S…
A Global Folk Revival EmergesMarisa Anderson has released "The Anthology of UnAmerican Folk Music," a groundbreaking collection that interprets folk tunes from Southeast Asia, Soviet Russia, and Islamic/Arabic worlds. The album represents a significant expansion beyond the boundaries of American folk music, inspired by the archives of legendary collector Harry Smith.Rediscovering Musical ArchivesBehind this gorgeous collection lies the legacy of two Americans: the peyote-dropping 78rpm collector Harry Smith (whose 1952 Anthology of American Folk Music presented folk, blues and country recordings from the 1920s and 1930s) and the exploratory guitarist Marisa Anderson. In 2023, she gained access to Smith's shuttered archives, discovering hours of non-American music before learning to perform and share it.Cultural Translation Through MusicAnderson interprets nine tunes from regions shaped by major US conflicts since her birth in 1970. While her liner notes track what is lost and found when translating these compositions, their universal musicality still cuts through. The opener Quodlibet is a beautiful, intricate minor-key medley of Uzbek tunes originally performed on the dambura (a fretless lute), on which Anderson adds bluegrass techniques to counter her inability to play quarter-tones on her guitar.Musical Fusion TechniquesThe album showcases Anderson's innovative approach to blending musical traditions. Her take on a qawwali vocal tune, Hamd, features stacked guitar layers ringing with warmth and emotion. For Sarvi Simin, a shimmering tune from Soviet-era Afghanistan, Gisela Rodríguez Fernández adds violin. In Yemeni tune Zar, intended to exorcise evil spirits from the sick, Anderson and Fernández constantly rearrange five notes without repetition. Dark ambient moods are conjured in Pair of Duduk, on which Anderson shifts the drones of Armenian woodwinds onto reverb-heavy guitar and bassy synths.Bridging Musical CulturesIn her liner notes, Anderson rightly questions how porous far-flung musical cultures really are. The album constantly challenges conventional boundaries between musical traditions, suggesting that contemporary classical composers may have been influenced by these global folk traditions. This approach represents a significant shift in how folk music can be reimagined and recontextualized for contemporary audiences.The Future of Global Folk MusicAnderson's work opens new possibilities for folk music preservation and interpretation. By drawing from diverse musical traditions and techniques, she demonstrates how folk music can continue to evolve while honoring its roots. The Anthology of UnAmerican Folk Music Vol 1 stands as both a tribute to Harry Smith's legacy and a bold step forward in global musical appreciation, suggesting that the future of folk music lies in its increasingly interconnected global nature.
#Marisa Anderson #Harry Smith #Folk Music
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Entertainment May 15, 2026

Suzette Charles on Winning Miss America and Releasing Debut Album 33 Years Late

Suzette Charles, the first biracial Miss America, talks about her journey to winning the title, con…
The Unlikely Miss America Suzette Charles, a 63-year-old singer from Philadelphia, is about to release her self-titled debut album 33 years after it was initially shelved. Charles, who was crowned the first biracial Miss America in 1984, has had a lifetime of adversity, including a distressing tour with Bill Cosby and mistreatment by record labels. Early Life and Career Charles started performing at a young age, singing in commercials for Colgate and Coca-Cola, and appearing on Sesame Street and The Electric Company. At 15, she sang on the soundtrack to the film version of Hair and narrowly missed out on the role of Coco Hernandez in Fame. The Miss America Controversy Charles competed in Miss America 1984 as Miss New Jersey and came first runner-up, but was crowned winner after Vanessa Williams, the original winner, was forced to resign due to a nude photoshoot. Charles says the pageant organisers' reaction was not justifiable and that the contest is a relic of the past. Confronting Bill Cosby Charles was invited to sing on tour with Bill Cosby, but rumours of his vile behaviour were rife even back then. She kept her distance during the tour, refusing late-night requests from Cosby to discuss notes on her show alone. Charles says she was shocked when Cosby's abuse was finally uncovered. The Debut Album Charles had been working on her debut album with Stock Aitken Waterman, but it was shelved when the songwriters split up. She has now reunited with Mike Stock to finally finish the project. Stock says Charles is a talented singer who deserves to be in the same bracket as Paul McCartney and Donna Summer. A New Chapter Charles says she had to start living for herself and that her debut album is a new chapter in her life. She hopes her story will inspire others to pursue their dreams, despite adversity.
#Suzette Charles #Miss America #Bill Cosby
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Sports May 15, 2026

Hans Niemann Wins $50,000 First Prize in Warsaw Rapid & Blitz

Hans Niemann, the US grandmaster embroiled in controversy, has won the $50,000 first prize at the W…
The Lead Hans Niemann, the 22-year-old US grandmaster at the center of a cheating controversy in chess, has achieved a significant victory by winning the $50,000 first prize at the Warsaw Rapid & Blitz in Poland. Niemann's Dominant Performance Niemann, competing as a wildcard, finished with a score of 22.5/36, edging out Fabiano Caruana, the US champion and world No 3, by half a point. He dominated the rapid section, remaining unbeaten, and managed to recover from three consecutive defeats in the blitz section. The Data Analysis Niemann's score: 22.5/36 Caruana's score: 22/36 Wesley So's score: 21/36 Prize money: $50,000 The Impact Analysis This victory marks a significant milestone in Niemann's career, which has been marred by controversy. His game against Magnus Carlsen at the 2022 Sinquefield Cup led to allegations of cheating, a $100m lawsuit, and an out-of-court settlement. A Netflix documentary and a forthcoming book have also highlighted the scandal. The Prediction With this win, Niemann is now a strong candidate for the US Olympiad team and is closing in on a place in the classical world top 10, being only 12 points away in live ratings. His immediate target is to become the US No 1 and potentially a world championship candidate before 2030.
#Hans Niemann #Chess #Warsaw Rapid & Blitz
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