Breaking AI & Tech News Analyzed

OnlyFans, the UK-based adult video platform, has reached a valuation of over $3 billion as it engages in advanced talks to sell a minority stake to US investment firm Architect Capital. The London-based company is looking to offload less than 20% of its shares, with sources confirming the talks to the Guardian.The deal comes at a significant time for OnlyFans, following the death of its founder, Leonid Radvinsky, a Ukrainian-American billionaire who passed away from cancer last month at the age of 43. Radvinsky's death has prompted the company to seek a minority stake sale as a means to guarantee stability for the business.OnlyFans has reportedly chosen Architect Capital for its expertise in the financial services sector. This aligns with the UK company's plans to offer banking products to its creators, who have historically struggled to access such services due to the nature of their work.The platform, synonymous with adult content, operates with a strict 18+ age limit and has 4.6 million creator accounts registered. These creators split their subscription proceeds 80:20 with the platform. OnlyFans also boasts 377 million fan accounts, allowing users to purchase videos and send messages to their favorite performers.In terms of financial performance, OnlyFans posted $1.4 billion in revenues for the year ending November 30, 2024, with a pre-tax profit of $684 million, marking a 4% increase from the previous year. The platform also reported $7.2 billion in payments to creators, a nearly 10% increase.Radvinsky himself received $701 million in dividends from OnlyFans in 2024, adding to the over $1 billion he had previously received. The company had previously explored sale talks with various investors, including a potential 60% stake sale to Architect Capital and a consortium led by Forest Road Company.If the minority sale proceeds, control of OnlyFans will remain with the family trust holding Radvinsky's shares. OnlyFans has declined to comment, while Architect Capital has been contacted for a statement.

Colombia, the largest coal and fourth biggest oil exporter in the Americas, is hosting a groundbreaking global conference this month to drive the long-awaited 'transition away from fossil fuels'. The conference, co-hosted with the Netherlands, aims to break the deadlock in UN climate talks and bring together countries willing to forge ahead with the energy transition.The conference comes at a critical time, with nations embroiled in another oil-inflected war and fuel prices soaring worldwide. Irene Vélez Torres, Colombia's environment minister, said the conference comes in the best possible moment, highlighting the stark choice world leaders face between oil, gas and coal and cleaner, safer renewable energy.Countries are paying the price for oil addiction, not just in their energy bills but in food prices, consumer inflation, shortages, and businesses threatened with collapse. The oil crisis, sparked by the US-Israeli attack on Iran, is spotlighting the risks of fossil fuel dependency.Some countries, like the UK, are already making the switch to renewable energy, with record numbers of households turning to solar panels, electric vehicles and heat pumps. Global power generation from coal and gas has fallen, while renewables have surged ahead, with solar generation up 14% and wind by 8%.The conference aims to bring together countries that want to forge ahead with the energy transition, with 54 countries confirmed to attend, representing about a fifth of global fossil fuel production and a third of demand. However, some of the world's biggest economies and biggest polluters, including the US, China, India, Russia and the Gulf petro states, will be missing.Colombia and the Netherlands hope to create a 'coalition of the willing' to drive the transition away from fossil fuels, with a focus on tangible outcomes, including a report by scientists on how countries can make the transition and a report from finance experts on how funding can be made available.

Pakistan's Field Marshal Asim Munir has taken on an unexpected role as a peacemaker in the conflict between the US and Iran. His efforts have been widely praised, with US President Donald Trump describing them as 'fantastic'. Munir's involvement in the peace talks began after the US vice-president, JD Vance, left Islamabad following failed negotiations between the US and Iran. Despite this, Munir continued to engage with both sides, using his influence to push for a deal. Munir's phone calls played a crucial role in the frantic international efforts last week, resulting in a last-minute ceasefire agreement after Trump's threat that Iran's civilisation would 'die' if they did not agree to a deal. Trump is said to have directly leaned on Munir to use his influence and knowledge of the Iranians to help reach the off-ramp. Munir's ability to communicate with both the US and Iran has been key to his success. He has built strong relationships with leaders in Washington, Riyadh, and Tehran, and has been able to facilitate talks between the two nations. Munir's efforts have not only helped to reduce tensions between the US and Iran but have also elevated Pakistan's position as a credible diplomatic interlocutor. His role in the peace talks has been seen as a significant achievement for Pakistan, which has long sought to play a more prominent role in regional diplomacy. Analysts have noted that Munir's success is not solely due to his individual efforts, but also the result of a collective effort by the Pakistani government and military. However, his role in the peace talks has been widely acknowledged, and he is seen as a key player in maintaining peace in the Gulf and the Middle East. Munir's diplomatic activism has been driven by his strong relationships with leaders and countries, as well as his understanding of the importance of personality-driven diplomacy. His efforts have helped to build a global story for Pakistan, and have cemented his position as a major player in regional diplomacy.

The conflict in Lebanon has seen a significant escalation in recent days, with Israel conducting devastating airstrikes aimed at wiping out the Iranian-backed Hezbollah militia. The violence has resulted in numerous casualties and widespread destruction. President Trump announced the 10-day ceasefire on Thursday, stating that it would take effect at midnight. He expressed hope that Hezbollah would act 'nicely and well' during this period, tweeting: 'I hope Hezbollah acts nicely and well during this important period of time. It will be a GREAT moment for them if they do. No more killing. Must finally have PEACE!' The ceasefire is seen as a crucial step towards de-escalating tensions in the region and potentially paving the way for a parallel peace agreement between the US and Iran. A meeting between Israeli and Lebanese leaders is scheduled to take place in Washington next Tuesday, marking the first Israeli-Lebanese summit in decades. The Israeli occupation is likely to be a key topic of discussion during the talks, with Trump indicating that he would visit Lebanon 'at the right time.' The US president has been involved in intense diplomatic efforts to broker a peace deal, with his administration urging other countries to join a 'trade over aid' push.

Qatar is currently hosting diplomatic talks in an effort to revive the stalled Iran peace process. The initiative aims to bring Iran back to the negotiating table after years of stalled discussions. The talks, facilitated by Qatar, are a significant development in the region as they seek to address longstanding tensions.The peace process had lost momentum in recent years, but Qatar's involvement signals a renewed push for diplomatic engagement. The talks are expected to focus on key issues that have hindered progress in the past.Qatar's role in facilitating these talks underscores its growing influence in regional diplomacy. The country has been actively involved in various peace efforts and has hosted several high-level meetings in recent years.

The US House of Representatives has rejected a resolution aimed at limiting President Donald Trump's power to wage war with Iran. The vote, which took place on Thursday, resulted in 213 votes in favor and 214 against the resolution, highlighting the deep divisions within Congress on the issue.The narrow margin underscores the intense debate over Trump's military actions in Iran and the role of Congress in authorizing war. The resolution's defeat comes a day after a similar measure failed in the US Senate, with Republicans largely opposing efforts to constrain Trump's military authority.Democrats have accused Republicans of giving unchecked power to Trump, who has been engaged in a military conflict with Iran since February 28. The war has resulted in significant human and economic costs, including the loss of servicemembers' lives and soaring gas prices.Under the US Constitution, only Congress has the authority to declare war, although presidents may conduct military actions in instances of immediate self-defense. The Trump administration has maintained that Iran's actions since the 1979 Iranian Revolution constitute such a threat, while critics argue that the US and Israeli attack on Iran was unprovoked and violated international law.The failed resolution reflects the ongoing struggle between Congress and the executive branch over the power to wage war. Democrats have argued that Congress must assert its authority to prevent an unchecked expansion of presidential power, while Republicans have largely supported Trump's military actions in Iran.Ceasefire negotiations between the US and Iran are ongoing, with both sides signaling a willingness to engage in further talks. However, significant issues remain unresolved, including control of the Strait of Hormuz and the future of Iran's nuclear program.

The United States is pushing for de-escalation in the region, with President Donald Trump announcing that Israeli and Lebanese leaders will speak for the first time in 34 years. This development has raised cautious hopes for a diplomatic solution to the fighting that has continued for more than six weeks.The conflict has resulted in over 2,000 people killed and more than 1 million displaced across Lebanon. Israel's military operations in Lebanon and its invasion of the country's south have intensified, with Hezbollah entering the war by launching rockets, missiles, and drones towards a missile defense site near Haifa in northern Israel.Iran's speaker of parliament, Mohammad Bagher Ghalibaf, told his Lebanese counterpart, Nabih Berri, in a phone conversation that a ceasefire in Lebanon is vital. Ghalibaf led the Iranian delegation at the first round of US-Iran talks in Pakistan last week, which ended without a deal.The prospective talks between Israel and Lebanon follow a rare direct engagement between the two countries' US ambassadors in Washington on Tuesday – also their first such direct contact in decades. However, with both sides maintaining starkly different objectives, and the Lebanon front closely tied to broader negotiations involving Iran, it remains unclear whether the talks can produce tangible results.Analysts say that even if a phone call were to take place between Israel's Netanyahu and his Lebanese counterpart, it would be “mostly symbolic rather than substantive”. Lebanon wants a ceasefire as a priority to enter into negotiations whose aim would be to liberate lands currently occupied by Israel.A key demand from Iran in its dialogue with the US is that Israel end its offensive against Hezbollah in Lebanon. Hezbollah is Tehran's most powerful regional ally and a central part of the “axis of resistance”, a network of armed groups across the Middle East aligned with Iran against Israel.

Pope Leo XIV has strongly denounced a 'handful of tyrants' ravaging the Earth with war and exploitation, while preaching a message of peace in Cameroon, a region plagued by a longstanding separatist conflict. During his visit to the western Cameroon city of Bamenda, Leo presided over a peace meeting involving leaders from various faiths, aiming to highlight the interfaith movement seeking to end the conflict and support its victims. In his remarks at the St Joseph Cathedral, Leo praised the peace movement and warned against using religion to justify conflicts. He emphasized that 'Blessed are the peacemakers!' but expressed concern over those who manipulate religion for military, economic, or political gain. The pope called for a 'decisive change of course' away from conflict and exploitation, stating, 'The world is being ravaged by a handful of tyrants, yet it is held together by a multitude of supportive brothers and sisters!' His comments come amid an ongoing feud with US President Donald Trump, who recently attacked the pope on social media. The conflict in Cameroon has resulted in over 6,000 deaths and displaced more than 600,000 people since 2017. Cameroon, rich in natural resources such as oil, natural gas, cobalt, and gold, has seen its extraction industry dominated by French, English, and increasingly Chinese companies. The pope criticized the exploitation of these resources, saying, 'Those who rob your land of its resources generally invest much of the profit in weapons, thus perpetuating an endless cycle of destabilisation and death.' Despite a temporary pause in fighting by separatist fighters to ensure the pope's safe passage, the conflict shows no signs of resolution, with peace talks stalled due to mutual accusations of bad faith.

South Africa announced the appointment of Roelf Meyer, a 78‑year‑old former minister and chief negotiator for the apartheid government, as its new ambassador to the United States. The decision, made by President Cyril Ramaphosa, is intended to heal the diplomatic breach that widened after the United States, under President Donald Trump, expelled the previous envoy, Ebrahim Rasool, in March 2025. Meyer replaces Rasool, who was dismissed after publicly labeling Trump’s global movement as “white supremacist.” Since then, Pretoria has lacked formal representation in Washington, a gap the government hopes to close with Meyer’s extensive negotiation experience. The bilateral relationship has deteriorated since Trump assumed office in January 2024, with the U.S. president repeatedly criticising South Africa’s affirmative‑action policies and falsely alleging a “white genocide.” Trump’s administration even offered expedited U.S. citizenship to Afrikaners claiming persecution, while freezing foreign assistance over a land‑ownership law that mandates at least 30 % Black participation in companies. South Africa’s recent actions have further strained ties: filing a genocide case against Israel at the International Court of Justice and inviting Iran to a BRICS naval exercise off its coast, prompting Washington to accuse Pretoria of “cosying up to Iran.” The BRICS grouping, of which South Africa is a founding member, is viewed by Trump as an economic challenge to U.S. dominance.In a statement, Ramaphosa described Meyer as “a very loyal and patriotic South African” who is “more than qualified” to re‑calibrate relations with the United States and engage with stakeholders on Capitol Hill and across federal agencies. Meyer, who leads the global consultancy In Transformation Initiative, has a long‑standing record in peace negotiations across Northern Ireland, Sri Lanka, Rwanda, Burundi, Kosovo, Bolivia, the Basque region and the Middle East. Domestically, he was the chief negotiator for the white‑minority government during the early‑1990s talks that ended apartheid, later serving as Minister of Constitutional Development under Nelson Mandela and co‑founding the United Democratic Movement before joining the African National Congress in 2006. Critics, notably the Economic Freedom Fighters (EFF), argue that appointing a former apartheid official signals a willingness to appease Trump’s “white supremacist whims” and that Meyer’s age limits opportunities for younger diplomats. The EFF highlighted his past role in the Department of Law and Order, which enforced apartheid repression. Despite the political controversy, South African analysts stress that the priority for the new ambassador is economic. U.S.–South Africa bilateral trade stands at $26 billion, making Washington Pretoria’s second‑largest trading partner after China. The focus, according to researcher Thembisa Fakude, will be on attracting U.S. investment and creating jobs rather than merely countering Trump’s rhetoric. When Ramaphosa visited the White House in May 2025, he included two white South African golfers in the delegation to soften Trump’s concerns about alleged persecution of white farmers. However, Fakude notes that most South Africans are indifferent to the “artificial” accusations and are more interested in tangible economic benefits. The appointment of Meyer thus represents a calculated diplomatic gamble: leveraging his negotiation pedigree to restore confidence, while navigating domestic criticism and a volatile U.S. political climate.