Cheltenham Festival in pictures, day 2: ‘Style Wednesday’

The Spectator has been sold to Sir Paul Marshall for £100 million after a long-running takeover battle for the magazine and its sister Telegraph newspaper titles. Marshall, the financier behind Marshall Wace, the hedge fund, and GB News, the television channel, has bought the magazine after its purchase by an Abu Dhabi-backed fund was blocked…

Would you allow a computer direct access to your thoughts? The question isn’t as far-fetched as it once was — and the news that Elon Musk’s Neuralink has embarked on its first human trial might just have brought mass-market mind-reading machines a step closer. The idea is relatively simple. Neuralink, founded by Musk in 2016,…

Staff at the Guardian newspaper are braced for cuts after bosses told them the publisher is on course to make a £39 million annual loss amid a slump in the wider digital advertising market. The Guardian’s woes, revealed to staff at a meeting hosted by executives last week, come as several rivals also face what…

If things weren’t tough enough already, the government is now warning us that we need to boost our “personal resilience” for when they run out of power. No, not Rishi Sunak’s personal supply, but the stuff that keeps the lights on. Giving the first of what is promised to be an annual update to MPs…

A Delaware judge has ruled that Elon Musk’s record-breaking $56 billion Tesla pay package could be scrapped, calling the compensation “an unfathomable sum” that was not fair to shareholders, according to a court filing. The ruling in effect put a stop to what would have been the largest pay package in corporate America. The judge…

The US state of Florida has passed legislation that bars children under the age of 14 from having social media accounts in the latest attempt to shield minors from harmful content online. The new law, one of the most restrictive of its kind in America, will force social media companies to delete the accounts of…