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Google LLC
Google considers charging for AI-powered search in big change to business model
...its advertising business, almost a year and a half after the debut of ChatGPT....
April 3, 2024
The Big Read
AI boom catapults Nvidia into tech’s big league
...Additional reporting by Michael Acton in San Francisco...
February 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Google considers charging for AI-powered search in big change to business model
...its advertising business, almost a year and a half after the debut of ChatGPT....
April 3, 2024
Michael Lynch
Mike Lynch goes on trial in US over Silicon Valley’s ‘largest fraud’
...Mike Lynch, once one of the UK’s most successful tech entrepreneurs, is set to go on trial in San Francisco on Monday, 13 years after what US prosecutors have called “the largest fraud in the history” of...
March 17, 2024
Space Exploration Technologies Corp
Musk to make another break with Delaware by moving SpaceX to Texas
...SpaceX is a far larger business — a valuation of almost $200bn makes it one of the most valuable private companies in the world....
February 15, 2024
The Big Read
Will Big Tech agree to play by Europe’s rules?
...They are being closely watched around the world as a test of whether the tech giants that have dominated the economies of the early 21st century can be successfully regulated....
March 5, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Letter
Letter: China’s debt woes may be worse than you describe
...Indeed, back in 2017, Professor Victor Shih of the University of California San Diego wrote in a sober, extensively documented study that “China as a whole is a Ponzi unit”....
February 29, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Microsoft shares rise on higher cloud sales
...as a key indicator of the health of the broader industry....
April 25, 2024
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
US and China aiming to set up Biden-Xi call ‘soon’
...Speaking at the UC San Diego Forum on US-China Relations at the Council on Foreign Relations, Sullivan said the November summit between the leaders in San Francisco had underscored the need for more exchanges...
January 31, 2024
News in-depthTod's SpA
Diego Della Valle cements French connection with planned Tod’s delisting
...Early last year Diego Della Valle, one of the giants of Italian business, had an important topic to discuss with his family at his 17th century estate: their vision for the future of Tod’s, the luxury shoe...
February 17, 2024
News updates from April 26: US PCE rises 2.7% in March; Anglo American rejects BHP takeover bid
Snap shares soar 30% after beating revenue expectations
...The company’s revenue of $1.2bn in the first three months of 2024 was 21 per cent above the same period a year earlier....
April 25, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Snap shares soar 30% after beating revenue expectations
...Net losses narrowed, from $329mn in the first quarter of 2023 to $305mn in the first quarter of this year.The company, which has a market capitalisation of almost $19bn, announced the number of daily active...
April 25, 2024
Live news: FTC challenges ‘bogus’ pharma patents, including for Ozempic
Amazon’s strong cloud sales help power revenue gains
...The company’s operating income for the first three months of the year was $15.3bn, beating forecasts for $11bn....
April 30, 2024
OpenAI
OpenAI directors in talks with Altman on rejoining board
...After being stripped of his role as chair of the board, Brockman quit the company on Friday....
November 22, 2023
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Meta shares fall as it predicts higher AI expenditures
...Meta’s revenues jumped by more than a quarter in the first three months of the year, beating expectations, but its forecasts left Wall Street underwhelmed and the shares fell 10 per cent in after-hours trading...
April 24, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Quantum technologies
IBM claims quantum computing research milestone
...The papers presented on Monday are the work of IBM and partners including the Los Alamos National Laboratory, University of California, Berkeley, and the University of Tokyo....
December 4, 2023
ReviewFiction
Mona of the Manor — has Armistead Maupin’s Tales of the City reached a full stop?
...The novels begin with the arrival of naive Cleveland native Mary Ann Singleton in a San Francisco that’s buzzing with pot, poppers and disco....
March 26, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Elon Musk predicts AI will overtake human intelligence next year
...Within the next five years, the capabilities of AI will probably exceed that of all humans, Musk predicted on Monday during an interview on X with Nicolai Tangen, the chief executive of Norges Bank Investment...
April 8, 2024
News updates from April 26: US PCE rises 2.7% in March; Anglo American rejects BHP takeover bid
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...The brokerage, a unit of Warren Buffett’s Berkshire Hathaway, was the last remaining defendant in cases that the National Association of Realtors trade group agreed to settle for $418mn in March....
April 26, 2024
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
Elon Musk predicts AI will overtake human intelligence next year
...Within the next five years, the capabilities of AI will probably exceed that of all humans, Musk predicted on Monday during an interview on X with Nicolai Tangen, the chief executive of Norges Bank Investment...
April 8, 2024
Live news: Cannabis stocks soar on reports US anti-drug agency would reclassify marijuana
Elon Musk fires Tesla’s entire supercharger team
...Musk announced internally on Monday that the head of the superchargers group, Rebecca Tinucci, and Daniel Ho, head of new products, would be leaving along with their entire teams....
April 30, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Alphabet shares jump 14% after first-quarter revenue beats Wall Street expectations
...Revenue rose to $80.5bn from $69.8bn in the first three months of 2024, beating analysts’ expectations for $79bn, according to a filing on Thursday....
April 25, 2024
Climate change
Atmospheric rivers set to hit US west coast
...Large parts of the western US are forecast to be battered by more rain and wind because of an “atmospheric river” phenomenon, after the Californian city of San Diego experienced one of the wettest days in...
January 26, 2024
LexPrivate equity
Private equity is a test that university endowments risk flunking Premium content
...University California, San Diego, for example, returned a leading 11 per cent in fiscal 2023 by virtue of its nearly one-third allocation to the S&P 500....
April 16, 2024
Letter
Letter: Why the sure-footed Swiss central bank has cut rates
...despite the strength of price pressures in the US....
April 30, 2024

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