Friday newspaper round-up: Elon Musk, Blackstone boss, Ardmore Construction

(Sharecast News) - The World Cup will be the most lucrative sports event ITV has ever aired, the broadcaster has said, with bosses calling the tournament a "six-week summer Super Bowl moment" for TV advertising. The channel is airing 51 of the 104 matches across the men's tournament, co-hosted by the US, Mexico and Canada, which is the biggest yet after an expansion from 32 to 48 teams. - Guardian Elon Musk has called Zack Polanski a "scumbag and a traitor" after the Green Party leader called the world's richest man a "threat to our democracy". Mr Musk criticised Mr Polanski in a post on X after the politician accused the billionaire of supporting "violence and extremism". The Green leader said: "This man is a threat to our democracy. He backs violence and extremism. Blaming a group of people for the awful actions of an individual leads us to a very dark place. - Telegraph

Billionaire hedge fund tycoon Steve Schwarzman has bought one of the world's most expensive superyachts. The Blackstone boss has paid $400m (£300m) to become the new owner of a 332ft superyacht called Project 1014. Built in the Netherlands, the cutting-edge vessel comes equipped with its own helicopter pad, beach club and glass-bottomed pool. - Telegraph

The future of major building projects in London is in limbo after one of Britain's largest contractors moved to appoint administrators. Court records show that a notice of intention to appoint an administrator has been filed by Ardmore Construction Group. - The Times

Banks are racking up bills worth hundreds of millions from experiments with artificial intelligence tools, according to the boss of an Aim-listed tech company. Ben Faes, chief executive of RWS, said that businesses were becoming increasingly conscious of the costs involved, without a clear outcome on how it should be used. - The Times