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Business Jun 01, 2026

Tech Billionaires Flood California Elections with Unprecedented Spending

Tech billionaires are pouring hundreds of millions of dollars into California elections, aiming to …
The Surge in Tech Spending Tech billionaires have shelled out hundreds of millions of dollars ahead of the June 2 primary election in California, marking an unparalleled attempt to shape the state's political future. The tech industry's approach is comprehensive, funding candidates and ballot measures of all sizes, which is likely to make this the most expensive primary season in California's history. Key Players and Their Spending Google co-founder Sergey Brin has spent $66 million to fight a billionaire tax on the November ballot. Democratic gubernatorial candidate Matt Mahan has received the most donations, including from top executives at Google, Amazon, Snap, LinkedIn, Reddit, and Palantir. Crypto mogul Chris Larsen has funded three Super PACs with $26 million to influence campaigns across California. Google and Meta have collectively funded a Super PAC with $10 million to back assembly and senate candidates in local district races. The Impact on California Politics The influx of tech money has led to a barrage of TV ads, robotexts, and mailers promoting various issues and candidates. Experts warn that this spending will give tech companies political and regulatory leverage, allowing them to avoid stringent regulations and continue their rapid growth. The Tip of the Iceberg The disclosed spending likely represents only a fraction of the total, as some contributions are made through dark money entities that are not traceable. This has experts like Francesco Trebbi, a public policy professor at UC Berkeley, suggesting that the actual influence of tech money is far greater than what is publicly reported. Targeting State and Local Primaries The tech industry's influence extends beyond state-level races, with significant spending in local campaigns. Larsen, for example, has funded Super PACs aimed at various causes and candidates, including the state insurance commissioner race and state legislative primaries. The Future of Tech Influence in Politics The unprecedented spending by tech billionaires in California elections signals a new era of corporate influence in politics. As the tech industry continues to grow and shape the state's economy, its impact on the political landscape is likely to intensify, raising questions about the balance between economic power and democratic governance.
#Google #Sergey Brin #Chris Larsen
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Sports Jun 01, 2026

Christian Pulisic Ends Goal Drought in USMNT's Win Against Senegal

Christian Pulisic scored his first goal in nearly six months, helping the US Men's National Team se…
Breaking the Drought US men's national team star Christian Pulisic had been under immense pressure due to his goal-scoring drought, which had stretched back to November 2024. The Milan midfielder hadn't scored a goal for club or country in nearly six months, leading to constant questions about his form and the pressure it created for him and the team. The Turning Point On Sunday, Pulisic finally found the back of the net, scoring a crucial goal in a 3-2 win against Senegal. This victory was much-needed for the US team, which is set to host the World Cup. Pulisic's goal came after a lovely assist to Sergiño Dest on the US's opener. He then showed off his finishing skills on their second goal, rounding the goalkeeper and finishing neatly from a tough angle. The Impact The goal seemed to lift a significant weight off Pulisic's shoulders. In the mixed zone after the match, he expressed relief that he could finally talk about breaking the spell rather than extending it. "Hopefully now people can stop talking about it," Pulisic told reporters. "It felt great. I've felt this confidence [the whole time]. I've played really well in recent months … I feel good and now, obviously this was just a friendly – we have big games ahead and I have to be ready." The Coach's Perspective US head coach Mauricio Pochettino praised Pulisic's performance, noting that he played well in 45 minutes. However, Pochettino also emphasized that Pulisic still has potential to improve. Teammates' Support Pulisic's teammates have been supportive throughout his drought. Weston McKennie expressed confidence in Pulisic's abilities, stating, "Any player goes through high and low moments in their career. Obviously I think the outside world may have been worried and questioning 'what he's gonna look like, is he gonna be in form?' But I think Christian has shown countless times at club level and country level that he shows up in the moments that we need him the most."
#Christian Pulisic #USMNT #World Cup 2026
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Economy Jun 01, 2026

The Common Good Economy: Mariana Mazzucato's Vision for Economic Transformation

Economist Mariana Mazzucato's new book 'The Common Good Economy' proposes a radical rethinking of e…
The LeadWhen Keir Starmer won a landslide Labour majority promising to pursue five governing "missions", the high-profile leftwing economist Mariana Mazzucato was credited as an inspiration. Two years on, her bracing new book helps shed light on why Labour in power has struggled to project the sense of direction that "mission-led government", as Mazzucato calls it, requires.A New Framework for Economic PolicySynthesising and extending her earlier work, here she proposes "a new economics of collective action around the common good". From this perspective, the economy is not a concatenation of rapacious independent forces, to be contained and offset by public policy, but a project – or rather a series of projects – with direction and purpose.The Five Principles of Common Good EconomicsThe "compass" in the title is really a set of five principles, all of which Mazzucato says such an economy should have: purpose and "directionality"; co-creation by citizens; collective learning; reward sharing; and accountability. Each of these principles is set out in detail. Co-creation implies grassroots participation in designing and redesigning government programmes, for example – because, "when people help define a problem and develop and implement solutions, they see them as theirs rather than something imposed on them".Reward Sharing and PredistributionReward sharing means ensuring the creators or rightful owners of economic value stand to benefit: from Indigenous people whose homes lie near raw material deposits, to social media users whose data fuels Big Tech's profits. That implies radical tax reform – including greater use of wealth taxes – and the robust use of conditions in public contracts, to make sure workers and taxpayers get their fair share: an approach she calls "predistribution".Critique of Labour's Economic ApproachAccording to Mazzucato's definition, Labour's attempt at mission-led government badly missed the mark. Its first and overriding goal – "kickstart economic growth" – cannot be a "mission" at all, because it lacks the necessary purpose. What, in other words, is that economic growth meant to be for? While her scope in this ambitious book is global, the analysis also dismantles Starmer's claim to be pursuing national "missions", by setting out just how radical – and radically different – that would look in practice.Practical Examples and Global Applications"The seeds of transformation are everywhere," she says, citing inspiring projects that range from delivering healthy and sustainable school meals in Sweden to the EU's mission to support cities to become climate-neutral, to the international Nagoya Protocol on sharing the benefits of genetic resources and traditional knowledge. Echoes of Mazzucato's mindset are detectable in some Labour policies – from using the threat of legislation to cajole pension funds to invest more in UK assets, to writing conditions on youth training into clean energy contracts.The Future of Economic DirectionEconomies work best, she believes, when they pursue grand collective goals – developing and distributing a vaccine for a pandemic; or confronting the climate emergency (or, though she doesn't lean on the example here, tooling up for a new and more frightening geopolitical era). We should ask, she says, "not which market failure do we want to be fixed, but what direction do we want the economy to sail in".
#Mariana Mazzucato #Labour Party #Economic Policy
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Sports Jun 01, 2026

The Unprecedented Career of James Milner: Breaking Premier League Records

James Milner has achieved the remarkable feat of becoming the Premier League's most appearance-make…
The Lead: A Record-Breaking CareerJames Milner has etched his name into football history by breaking the Premier League appearance record, a remarkable achievement that speaks volumes about his longevity, consistency, and unwavering dedication to the sport. The 40-year-old veteran has demonstrated an extraordinary level of professionalism throughout his career, earning admiration from teammates and rivals alike for his commitment to excellence both on and off the pitch.The Professional Profile: Beyond Ordinary DedicationFormer teammates paint a picture of a player who was exceptional from his early days. Michael Bridges, who roomed with Milner during his time at Leeds, recalls: "James Milner was the most dedicated and professional young player I've met. He also took the not inconsiderable transition from being at school to playing in the Leeds first team totally in his stride. Nothing fazed him. He was very level-headed."This level-headedness extended to Milner's lifestyle choices. While teammates socialized with alcoholic drinks, Milner remained steadfast in his commitment to peak physical condition, often opting for Ribena Toothkind instead. His dedication was so complete that teammates nicknamed him the "hydration monster" due to his intense focus on maintaining optimal hydration levels.The Technical Mastery: Versatility Across PositionsWhat sets Milner apart is not just his longevity but his remarkable versatility. Throughout his career, he has excelled in multiple positions, adapting his game to suit different tactical systems and managerial philosophies. Bridges notes: "Above all he's a very intelligent footballer who reads the game well and has the versatility to play in different positions for different types of managers. That's helped him."This adaptability has allowed Milner to remain relevant across different eras of football evolution. From his early days at Leeds to his current role, he has consistently demonstrated an ability to read the game and position himself effectively, even as the tactical demands of the sport have evolved.The Impact Analysis: Redefining ProfessionalismMilner's career offers a fascinating case study in modern professionalism. In an era where footballers often face intense scrutiny and shorter careers, Milner has bucked the trend through his extraordinary discipline and commitment. Steve Harper, who worked with Milner at Newcastle, draws a direct comparison: "His level of professionalism is right up there with Cristiano Ronaldo's. It's no coincidence that they're both still going strong."This approach has had ripple effects throughout the sport. Younger players now have a role model for how to maintain peak performance over an extended career. Milner's career demonstrates that longevity in professional football is not merely about talent but about lifestyle choices, work ethic, and mental fortitude.The Legacy: More Than Just AppearancesAs Milner surpasses Gareth Barry's previous record of 653 Premier League appearances, his legacy extends far beyond the numbers. Curtis Davies, who played with Milner at Aston Villa, emphasizes: "Breaking the appearance record will be testament to him and the way he has lived his life, and if anyone is going to go past Gareth Barry, another former Villa teammate, there's no better person than James to do so."Milner's career represents a different kind of greatness in modern football—one built on consistency, adaptability, and unwavering professionalism rather than just fleeting moments of brilliance. As he continues to add to his record, he stands as a testament to the values that can sustain a career at the highest level for more than two decades.
#James Milner #Premier League #Premier League Record
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Lifestyle Jun 01, 2026

Dance Festival Immersion: From Terrified Novice to Weekend Warrior

A first-time dancer chronicles their experience taking multiple dance classes at Melbourne's Rising…
The Dance Challenge: A Weekend Immersion As I wait for my first Cuban salsa class to begin, I have the distinct feeling that I am poorly prepared. I'm wearing heavy jeans, a bulky woollen sweater and boots. I have never done a dance class in my life – or any kind of exercise class. I don't know anything about salsa, Cuban or otherwise. Standing alone, I notice that everyone has come with at least one friend, and begin to suspect that it takes two to Cuban salsa. This year, Rising festival – Melbourne's winter arts offering – has consolidated its longstanding dance focus into a mini-festival: the inaugural Australian Dance Biennale, showcasing Australian and international work. There's also a series of dance classes, romantically titled The Land of 1000 Dances, held in the romantically decrepit Flinders Street Ballroom. Running daily until 7 June, with classes costing $29 a pop, the diverse schedule includes Afro-fusion, ballroom, voguing, waltz and K-pop for teens and tweens. From Salsa to Shuffle: A Dancer's Journey As an audience member, I am an avid appreciator of dance; as a participant, I can most kindly be described as "curious" but uncoordinated. What if I went to a bunch of dance classes and then wrote about it? Precisely 24 hours before my first class, the misgivings begin – doing my first dance class while dressed for the show I'm seeing directly afterwards sounds like a bad idea. At the ballroom, I am briefly reassured: the crowd is a diverse mix of ages, genders and bodies, and hardly anyone is wearing dance-appropriate clothing. But the class itself is a blur – sometimes literally – as I try to learn and enact the cucaracha, the guapo and other basic Cuban salsa moves; attempt to locate the beat, my hips, any sense of coordination at all. Every time I feel as though I'm starting to get the hang of something, the instructor adds a new step. Then he corrals us into pairs – and a series of new moves, yelling "change partners!" every three minutes. Going solo, it turns out, is fine: everyone is friendly; many seem as unsure as I am. Some are nailing it but there's a sense of camaraderie: we're all in this together. That said, we're all a bit too sweaty to be holding each other. The Social Dynamics of Dance Classes I move from absolute befuddlement, through occasional moments of triumph, to a sense of quiet despair. A move that involves a 360-degree rotation to an eight-count almost breaks my spirit and I consider quitting. To my surprise, this awakens a latent fighting spirit: screw the rules, I'm doing it my way. I experience brief elation. Then we change partners and I find myself in a cursed duet involving four left feet. The elation shrivels. The class ends and I run to the theatre feeling like a dank, demoralised biohazard. I spend the next hour watching a show by the Irish choreographer Oona Doherty featuring a mix of professional, student and untrained dancers – and I mentally salute them all, with a newfound appreciation for the dark art of dance. Finding Joy in Movement I approach my next class, Melbourne shuffle, with a sense of dread. Not only do I now know how bad I am but I have agreed to be photographed. And I made the choice without knowing anything about the Melbourne shuffle, mistakenly assuming it was somewhere in the ballpark of the city's other great cultural tradition. This feeling I am experiencing, I discover, is known as "endorphins". The physical exertion, the mental focus required, the social connection – it all combines to create a chemical cocktail that makes the experience worthwhile despite the occasional humiliation. By the end of my dance weekend, I haven't become a dancer, but I've gained a profound respect for those who are. The Australian Dance Biennale and The Land of 1000 Dances offer not just entertainment, but an invitation to participate, to challenge oneself, and to discover new dimensions of movement and expression.
#Rising Festival #Australian Dance Biennale #Melbourne
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Sports Jun 01, 2026

Jai Hindley Makes History with Giro d'Italia Podium Hat-Trick

Australian cyclist Jai Hindley has made history by becoming only the second Australian to achieve t…
Australian Cycling History Made at Giro d'ItaliaJai Hindley has roared again in the "pinnacle of cycling", making history as just the second Australian to enjoy three overall podium finishes in Grand Tours as he rode home for a valiant third place in the Giro d'Italia. As new champion Jonas Vingegaard confirmed his place among the sport's all-time elite in Rome by completing his set of the three Grand Tour triumphs and dominating the 109th Giro with five magnificent stage wins, Hindley underlined why he is one of Australia's greatest.Hindley's Remarkable Comeback JourneyThe 30-year-old had been ill during the race, needing to take antibiotics in the second of the three weeks, yet recovered spectacularly to complete his own set of Giro podium finishes, having won in 2022, been runner-up in 2021 and now third. Only the great former Tour de France winner Cadel Evans has had more Grand Tour podium finishes among Australians, with five.The often unsung Perth rider Hindley said on the eve of the race from Bulgaria that he and his Red Bull BORA-hansgrohe team "aren't here to lick stamps". That was his 2026 version of his famous but bewildering affirmation "we're not here to put socks on centipedes" in the year he won. The translation was that he and his team weren't once again there to mess around, and after he proved stronger over the race than his talented young co-team leader Giulio Pellizzari to assume the role of main man, Hindley lived up to his promise."The second week was very hard for me, I was really quite sick. I even had to take antibiotics, but I seem to be back in time," Hindley had smiled after a remarkable third-week resurgence saw him move into third place overall on the 19th of the 21 stages.Australian Cyclists Dominate Final StandingsOn Sunday, the largely processional ride into the capital ended with Italian Jonathan Milan winning the final-stage sprint and Vingegaard clinching his fourth Grand Tour, having twice won the Tour de France and last year's Vuelta, where Hindley had signalled he was recovering his best form with a fourth-place finish. Hindley did suffer a mechanical mid-race on Sunday but swiftly got back to the peloton. He ended 6 minutes 25 seconds behind Vingegaard, and 1:03 behind runner-up, Austrian Felix Gall."I haven't had a good result in a Grand Tour for a long time, and to be fighting for the podium again was really nice," said Hindley. "For me, the Grand Tours are the pinnacle of cycling, and being competitive in them is what I train for."It was only the second Giro in a decade in which there wasn't a stage won by an Australian, following the early abandonments of the luckless Kaden Groves and Jay Vine with crashes, but, impressively, there were four Australian finishers in the top 17. Michael Storer (Tudor Pro) finished a career-best seventh at 10:13 down, Ben O'Connor (Jayco AlUla) was 16th at 24:12 and Chris Harper (Pinarello Q36.5 Pro) 17th at 30:43.Elevating Australian Cycling on World StageHindley's achievement places him among the elite of Australian cycling history, with only Cadel Evans boasting more Grand Tour podium finishes. His consistent performances across multiple Grand Tours demonstrate the growing strength of Australian cycling on the international stage. The presence of four Australians in the top 17 of the Giro d'Italia further highlights the depth of talent coming from Australia.Future Prospects for Australian CyclingWith Hindley establishing himself as a consistent contender in Grand Tours and younger Australian riders like Pellizzari showing promise, the future looks bright for Australian cycling. The country's ability to produce multiple top-tier cyclists suggests that Hindley's historic achievement may be just the beginning of a new era for Australian cycling excellence on the world stage.
#Jai Hindley #Giro d'Italia #Cycling
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Sports Jun 01, 2026

Arsenal's Champions League Final Loss: Is This as Good as It Gets?

Arsenal's Champions League final loss to PSG raises questions about the team's future prospects. De…
The Harsh Reality of Penalty Shootouts The greatest lie ever told about penalty shootouts is that they are a lottery. This is a recognisable and trainable footballing skill, a test not just of ball-striking and placement but research, psychology, mettle under pressure. Arsenal's Unfortunate Loss Were Arsenal unlucky in Budapest, then? Once we sieve out the righteous rage and endless counterfactuals, the minor quibbles over major refereeing calls, Arsenal probably got what they deserved. To lose on penalties after making the defending champions sweat and fluster for 120 minutes is undoubtedly harsh. The Data Analysis Arsenal's style of football is geared explicitly towards narrowing the range of realistic outcomes, and then catching the breaks that remain. The team's tactics and gameplan largely brought them to this point. Arsenal's recruitment in the last few windows has put a premium on bolstering the back line, adding depth, bringing up the overall level of the squad rather than signing the electrifying X-factor players who can win a big game with a moment of brilliance. The Impact Analysis The gulf in resources is obviously a factor here, but so too the gulf in priorities. Clubs who can rely on the largesse of a state have much fatter margins for error. An expensive misstep on the scale of the Neymar/Messi/Mbappé fiasco would derail most clubs for a decade. Paris, on the other hand, can simply shrug it off and go again. The Prediction Future generations may marvel at Arsenal's fortune in reaching a Champions League final by beating Bayer Leverkusen, Sporting Lisbon and Atlético Madrid. Will the circumstances really be any more favourable for them next time? The window of opportunity at the very highest level is vanishingly small, contingent on luck as well as skill, and has no guarantees of coming again.
#Arsenal #Champions League #Mikel Arteta
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Economy Jun 01, 2026

UK House Prices Slip 0.6% in May as Iran Conflict Fuels Rate Hikes

UK house prices fell 0.6% in May, the first monthly decline this year, as higher borrowing costs li…
UK house prices fell 0.6% in May, marking the first monthly decline this year as rising interest rates—spurred by the war in Iran—weakened buyer demand. The average home price stood at £278,024, still 1.7% higher than a year ago but far below the 3% annual growth recorded in April.May’s Price Drop Signals a Market Cool‑DownNationwide’s chief economist Robert Gardner described the slowdown as “expected” given the uncertainty from Middle‑East conflict, higher energy costs, and climbing market interest rates.Key Numbers Highlight the ShiftMonth‑on‑month price change: -0.6%Year‑on‑year price level: +1.7% (still above last year)Two‑year fixed mortgage rate (end‑May): 5.68%Five‑year fixed mortgage rate (end‑May): 5.63%Bank of England base rate (April vote): 3.75%Why the Housing Market Is Feeling the PinchHigher borrowing costs are eroding household spending power. Tom Bill of Knight Frank noted the slowdown arrives “precisely when momentum would normally be building”. Savills revised its outlook, now expecting a 2% fall in average house prices this year, reversing a prior forecast of a 2% rise.Despite the rise in rates, Gardner said the impact on affordability has been “modest” because swap rates, which underpin fixed‑rate pricing, remain below 2023 peaks.Outlook: A Potential Short‑Lived Softening?Analysts such as Martin Beck of WPI Strategy warn that even if rates ease, the market stays vulnerable: mortgage repayments still consume a large share of incomes, and a weakening labour market could pose a greater threat than interest rates alone.Bank of England Governor Andrew Bailey signalled no rush to raise rates further, keeping the policy rate at 3.75% while monitoring the war’s trajectory and weak economic growth. The consensus is that any near‑term dip may be temporary if energy prices stabilise, but the sector remains exposed to ongoing geopolitical and financial pressures.
#Nationwide #Bank of England #Iran war
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Sports Jun 01, 2026

Plymouth Argyle Women's Team Faces Mass Player Exodus After Promotion Failure

Plymouth Argyle is set to release nearly all of their women's first-team players after they narrowl…
The LeadPlymouth Argyle has informed the vast majority of their women's first-team players that their contracts will not be renewed this summer, just weeks after they narrowly missed out on promotion to Women's Super League 2. The decision, communicated through an email from chief executive Paul Berne, has left players feeling undervalued despite their successful season.The Abrupt End to a Promising SeasonIn an email sent to almost all of the senior squad, Plymouth's chief executive, Paul Berne, explained that the "difficult decision" to let the players go reflected "the direction of the squad for next season" and went on to thank them and offer them job references. According to multiple sources, the club's decision to let so many players go is primarily a financial one, coming amid plans to significantly reduce the women's team's playing budget in the summer.The Financial Reality Behind the DecisionThe news follows the resignation of the team's head coach, Marie Hourihan, on May 28, and it is believed that the club's budget cuts were a contributing factor towards her decision to resign. The coach was understood to be popular with the players and the supporters. Plymouth finished second in the Southern section of the FA Women's National League this term, missing out on automatic promotion by just one point, behind the champions Watford, who were promoted.Player Response and Communication ConcernsIn a joint statement released on Sunday evening, Plymouth's players expressed their disappointment with how the decision was communicated. "The decision was communicated through a cold, impersonal email, providing us with no opportunity for open, honest or meaningful dialogue and preventing us from gaining clarity on the situation," the players stated. "We feel the staff and players who have given everything for the badge this season should have been treated with greater care, respect and empathy."The Playoff HeartbreakFinishing second saw Plymouth contest May 4's playoff decider against the Northern division runners-up, Wolverhampton Wanderers, who went on to secure a slender 1-0 win over Argyle in Burton, in a game in which Plymouth created several fine chances before hitting the woodwork late on. The vast majority of the squad were understood to be on one-year contracts – as is commonplace across the lower leagues in the women's game – but it was a shock for the players to learn that they were being let go this summer.Future Implications for Women's FootballThe situation at Plymouth highlights the ongoing financial challenges facing women's football, particularly at the lower levels of the game. With players having limited time to find new teams after the season ends, the abrupt nature of these cuts raises questions about how clubs can better support their athletes through transitions. The incident also underscores the importance of transparent communication between clubs and players during times of organizational change.
#Plymouth Argyle #Women's Football #FA Women's National League
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