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Artificial intelligence
Microsoft to invest $1.5bn in Abu Dhabi AI group G42
...Chaired by the UAE’s powerful national security adviser Sheikh Tahnoon bin Zayed al-Nahyan, who oversees a sprawling business empire, G42 is central to Abu Dhabi’s AI ambitions and is backed by Abu Dhabi...
April 16, 2024
Israel-Hamas war
Hamas political leader says three of his sons killed in Israeli air strike
...Hamas said on Wednesday that three sons of Ismail Haniyeh, the Palestinian militant group’s political leader, had been killed in an Israeli air strike in Gaza....
April 10, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
The FT ViewThe editorial board
The rapid deterioration of the Sahel
...It has nudged towards Russia under Déby’s son, Mahamat, who met Vladimir Putin in Moscow in January and who will cement his position in a phoney presidential election next week....
May 1, 2024
Frasers Group
UK retail billionaire Mike Ashley ups private jet and helicopter spending
...In 2022, Ashley handed the day-to-day running of the business to his son-in-law, Michael Murray, who has been seeking to modernise the group and its brands....
May 8, 2024
Endeavour Mining Corp
Endeavour Mining says probe found ‘disguised’ payments of $15mn
...The Ras Al Khaimah-based entity was liquidated the day after the $5.9mn payment was made in March 2021, Endeavour said....
March 27, 2024
Wayve
SoftBank leads $1bn funding for British AI group Wayve
...It also confirms SoftBank chief executive Masayoshi Son’s renewed hunt for AI investments with leading start-ups, having previously been slow to deploy capital in the sector compared with rivals, and comes...
May 6, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Letter
Letter: Dust is yet to settle on the flexible working revolution
...In my experience Gen Z, often disparaged for being work-shy, are eager to develop in-person relationships and learn by doing....
February 26, 2024
Paramount Global
Sony and Apollo approach Paramount Global with $26bn bid outline
...Shari Redstone, who holds the majority of Paramount’s voting stock, is thought to favour the bid from Skydance, an independent entertainment group run by David Ellison, son of Oracle founder Larry Ellison...
May 2, 2024
SoftBank Group Corp
SoftBank profits beat forecast by wide margin as tech investments pay off
...That endorsed Son’s vision for SoftBank, which has focused on AI deals....
February 8, 2024
Kenya
Kenya president set for landmark US state visit as Russia builds Africa influence
...In Kenya, the US maintains an overseas military presence at Manda Bay to support counterterrorism operations against al-Shaabab, the Somalian Islamist militant group linked to al-Qaeda....
May 7, 2024
IPOs
Masa Son — IPO hero
...If Son can lift the taboo on down-rounds and make valuation compromises palatable to other companies and venture capital firms, he may be the hero that the IPO market needs....
September 14, 2023
LexSoftBank Group Corp
SoftBank: Son has sold struggling group’s safety net Premium content
...Investors can only hope Son was absent from results presentations because he was hunting out a safety net to replace Alibaba....
November 9, 2023
News updates from September 1: US jobs grow more than forecast, Walgreens Boots CEO steps down
Businessman Mohamed Al Fayed dies aged 94
...His son, Dodi, then the companion of Diana, Princess of Wales, died alongside her in a car crash in Paris on August 31 1997. Al Fayed blamed the royal family for the crash....
September 1, 2023
LexSoftBank Group Corp
SoftBank can get an Arm up from venture capital’s weakness Premium content
...Son now also has probability on his side. While the total size of new investment activity by SoftBank has shrunk, it is still investing....
February 8, 2024
Letter
Letter: Business should stand up to authoritarianism
...And that is a lesson that Europe needs to learn, as fast as possible. Valerio TorreggianiResearch Fellow in Economic History, Institute of Social Sciences, University of Lisbon, Portugal...
January 29, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rupert Murdoch engaged to be married at 92
...Murdoch last September stepped down as chair of both of his companies, relinquishing power to his son Lachlan....
March 8, 2024
Masayoshi Son
Masayoshi Son is back and it’s beautiful
...Be awed by their illustrative power, which also means they aren’t guaranteed to be accurate, according to SoftBank: We’re not sure who Al is — some type of mutant or superhero type of guy?...
June 21, 2023
Leo Lewis
SoftBank’s Son faces fresh scrutiny over his visionary status
...Today, Son’s visionary tag is under a particularly fierce forensic examination: perhaps more so than ever before....
September 14, 2023
Mohamed Al Fayed
Businessman Mohamed Al Fayed dies aged 94
...His son, Dodi, then the companion of Diana, Princess of Wales, died alongside her in a car crash in Paris on August 31 1997. Al Fayed blamed the royal family for the crash....
September 1, 2023
Phone hacking
UK politicians and celebrities seek to drag Murdoch into court battle
...Fresh allegations have been made against current and former News Corp executives, including Rupert Murdoch’s son James and Rebekah Brooks....
March 20, 2024
Trade SecretsAlan Beattie
Europe’s new anti-subsidy weapon is powerful but hard to control
...Given that national security policy is traditionally set at member state level, using an EU-wide antisubsidy tool to pursue it is quite bold, a bit like nailing Al Capone on tax-evasion charges rather than...
May 9, 2024
Due Diligence
Redstone’s new Paramount and Skydance merger offer Premium content
...new Paramount-Skydance merger bid It’s no secret that Paramount’s controlling shareholder Shari Redstone is hell bent on merging the media conglomerate with Skydance, the studio built by David Ellison, son...
April 30, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...Named after a father and son duo who began running the company in 2001, Shimao had outlined a restructuring proposal in late March that included short-term and long-term notes, as well as convertible bonds...
April 8, 2024
FirstFT
FirstFT: Biden’s Indo-Pacific economic strategy derailed
...His son Lachlan will inherit the company and potentially costly legal baggage....
November 15, 2023
Due Diligence
SoftBank’s real life problems in 2024 Premium content
...It isn’t all trouble for Son, though....
January 9, 2024

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