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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...“They are overriding our local decisions [and] demoting American leadership,” said one current senior US employee....
April 25, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
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
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...The company sued the US government in 2020 when then-President Donald Trump issued an executive order to block the app from operating in the country, and gave ByteDance 90 days to divest from its American...
April 24, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...He was in good company. Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
April 19, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
April 18, 2024
Vinod Khosla
The US is right to target TikTok
...As for TikTok’s value as a boon to consumers and businesses, there are many companies that could quickly replace it....
April 9, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
The FT ViewThe editorial board
The US brings a landmark case against Apple
...At some point, American politicians will have to grasp this nettle....
March 27, 2024
Airlines
US airlines under fire for raising baggage fees again
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
March 10, 2024
TikTok Inc
US Congress approves bill banning TikTok unless Chinese owner sells platform
...The Trump administration previously tried to ban TikTok, but the company blocked the move in the courts....
April 24, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...The resilience of the Dollar Tree chain allowed the company to trade at a premium to Dollar General throughout much of 2023....
March 19, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...“This legislation is a clear violation of the First Amendment rights of TikTok’s 170mn American users,” he said in a memo to staff, according to people who saw it. “We’ll continue to fight.”...
April 22, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“[PBMs] are acutely aware of their situation: everybody in the world hates them and they are looking for friends,” said Douglas Holtz-Eakin, president of the American Action Forum, a right-leaning think-tank...
April 25, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...Redstone in 2020 inherited control of the entertainment conglomerate that her late father, Sumner Redstone, built over the past century....
April 3, 2024
Oil & Gas industry
Joe Biden hits US oil drillers with first royalty rate increase in a century
...“Less oil and natural gas from federal lands means fewer jobs for Americans and, almost certainly, more money to the Middle East, Venezuela, Russia and Iran,” said Barrasso....
April 12, 2024
TikTok Inc
Biden campaign will continue to use TikTok despite divest-or-ban law
...A Biden campaign official said the app — which has been downloaded by 170mn Americans, more than half the population — was one of the ways the president would ensure his message was being received by young...
April 24, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Pilita Clark
What a cultish coffee gizmo says about 21st century capitalism
...This was one of two things I learnt from spending an hour on Zoom last week with Alan Adler, the 85-year-old American who invented the AeroPress....
February 11, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Fink said at the time that the debate references were “a sad commentary on the state of American politics”....
April 21, 2024
Investments
Behold, the Basquiat bond
...If people also enjoyed imagining that the 20th century’s foremost screen-printer of soup cans was equally prescient about financial markets, they might misattribute this statement to him too: “In the future...
April 12, 2024
LexTikTok Inc
TikTok’s value would be cut in a forced sale Premium content
...If the US did order ByteDance to cut ties, the possible pool of buyers for a company this size could include consortiums or big tech companies....
March 14, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
April 22, 2024
Financial services
How’s the PE Winter looking?
...Check out this cool Marimekko chart that Louis made showing the number of people employed and the share of the total industry employed by PE: The proportion of working Americans employed by private equity...
April 25, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...Chief among them: the airline’s long-standing credit card deal with American Express....
April 10, 2024
The FT ViewThe editorial board
The contrasting tales of TikTok and Nippon Steel
...In raising concerns over the deal Biden did not refer to national security, speaking only of the need to maintain “strong American steel companies powered by American steel workers”....
March 19, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
March 26, 2024
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...“Now the most likely outcome is they will shut down the US, and all the American investors in ByteDance will bear the losses,” Li said....
April 24, 2024

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