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News in-depthEnterprise software
The unstoppable rise of Fortnox: Swedish software group attracts short sellers
...A sales report from broker Redburn last year said: “If it’s a private road with 20 houses collecting annual subscriptions, does it need bookkeeping software? Does it need to send out e-invoices?...
March 27, 2024
Ardian Holding SAS
Ardian’s £2bn UK music console maker deal marks buyout activity revival
...Audiotonix generated about £270mn of revenues last year, a near 60 per cent increase on the £169mn generated the previous year, according to Companies House filings....
April 23, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Artificial intelligence
White House science chief signals US-China co-operation on AI safety
...said that, while China and the US may disagree on certain values and approaches to regulation, “there will also be places where we can agree”, including on global technical and safety standards for AI software...
January 25, 2024
Private equity
Private equity predicts deal rebound as sellers capitulate on prices
...Last year, Veritas Capital, the private equity owner of healthcare software company Cotiviti, agreed to sell a 50 per cent stake to Carlyle in a deal that valued the business at up to $13bn before the transaction...
January 19, 2024
Allen & Overy LLP
Allen & Overy rolls out AI contract negotiation tool in challenge to legal industry
...He added that client data was also not used to train the AI models that underpin the software, and inputs and outputs are encrypted....
December 21, 2023
Special ReportBusiness Legal Leaders
Post Office scandal exposes ethical dilemmas of general counsel
...But, behind the scenes, it was in-house lawyers who took on the task of briefing senior executives on the robustness of its Horizon software....
April 23, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Michael Lynch
Autonomy founder Mike Lynch called ‘driving force’ of ‘massive fraud’ in US trial
...The trial comes 10 months after he was extradited to the US, forcing him to live under house arrest and 24-hour surveillance in San Francisco....
March 18, 2024
Cyber Security
White House moves to defend US ports from Chinese cyber threat
...The announcement comes just days after FBI director Christopher Wray said his bureau was “laser-focused” on preventing Chinese efforts to use malicious software to disrupt critical US infrastructure....
February 21, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
April 18, 2024
ABB Ltd
ABB accused of failing to address ‘alarming’ security vulnerability in China-made cranes
...“ABB’s crane software technology is supplier-independent and installed on cranes manufactured by major crane builders including Chinese companies,” it said....
January 19, 2024
Post Office scandal
Fujitsu says Horizon defects were hidden from courts in Post Office cases
...Harriett Baldwin, the Conservative chair of the House of Commons’ Treasury select committee, wrote to 21 government bodies on Friday seeking details and their justification for awarding any public contracts...
January 19, 2024
News updates from January 18: US Congress passes bill to avert government shutdown, Pakistan strikes targets in Iran
What to watch in Europe today
...Earnings: UK-based investment platform AJ Bell, gambling group Flutter Entertainment and construction firm Kier Group, along with German software company Sage, will issue trading updates....
January 18, 2024
US-China relations
China’s ZPMC insists its US cranes present ‘no cyber security risk’
...In January, Republican members of the same congressional committees wrote to Swiss industrial group ABB, saying it had failed to answer questions about the “alarming security vulnerability” of software it...
March 11, 2024
Margaret Heffernan
For young people, the job search has never been so miserable
...My view was that one small help might be some work that gets him out of the house and gives him a bit of fresh air, exercise and cash. It’s a poor solution to a desperate problem....
March 28, 2024
Investments
Behold, the Basquiat bond
...And in recent years, the securitisation market has become a welcoming home to deals backed by everything from music rights to software companies’ private credit loans....
April 12, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...TikTok has partnered with US cloud software group Oracle to build a standalone unit to wall off American user data....
March 14, 2024
LexMergers & Acquisitions
Microsoft’s AI talent raid will test regulators and VCs Premium content
...Although Microsoft was instrumental in restoring order, it appears keen to build up in-house AI teams....
March 22, 2024
Semiconductors
Europe’s top chipmaker Infineon boosts hiring in India and Vietnam
...Advantech launched a software R&D centre in Pune last October and aims to hire hundreds of software engineers....
January 30, 2024
ReviewGaming
Home Safety Hotline turns lo-fi premise into high anxiety — review
...The software’s entry for cockroaches describes their droppings as resembling coffee grounds, and kitchens as being their usual stamping ground....
January 23, 2024
The FT ViewThe editorial board
The US brings a landmark case against Apple
...The DoJ has gone after the integration between hardware, software and services that make Apple’s approach so distinctive. Its case rests in essence on two arguments....
March 27, 2024
LexSpirent Communications PLC
How private equity is behind the latest loss from London’s stock market Premium content
...Silver Lake itself made a similar investment in Germany’s Software AG, which it ended up acquiring. The attraction, from Viavi’s side, is clear....
March 5, 2024
Post Office scandal
UK officials tried to block Fujitsu from government contracts in 2010s
...“In 2010, we found that it was deeply entrenched across the whole of central government,” Maude told the House of Lords....
January 14, 2024
European prime property
Latin American homebuyers are drawn to Madrid’s elegance
...We liked the south of Spain, too, but there just aren’t the direct flights [to Tampa],” says the software company owner, who preferred not to disclose his surname....
February 29, 2024
Post Office scandal
Fujitsu agrees to contribute to Post Office scandal compensation
...Patterson told MPs on the House of Commons business and trade select committee that Horizon code was not in other software it supplied to the government....
January 16, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...It in effect said Apollo was improperly sending expenses over to LPs and if it didn’t have its house in order, how could Rashid be the only person held accountable?...
March 28, 2024

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