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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Carolyn Solan, head of external partnerships at consumer drugs group Haleon, which largely produces over-the-counter drugs that can be advertised more easily, said that “while partnering with expert patients...
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
Apple Inc
Independent record labels push back on Apple’s pay plans
...Higher-end audio is a crucial edge for Apple Music over rival Spotify, but it costs more money to produce....
February 2, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“CVS has put their stake in the ground that they’re going to create a marketplace where one [biosimilar] manufacturer is rewarded,” said Jon Martin, head of Organon’s US biosimilar arm, which produces Humira...
April 25, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...Ithaca and partner Equinor confirmed last year that they planned to develop Rosebank to produce oil from 2026-2027, sparking criticism from environmental campaigners and politicians including Humza Yousaf...
April 23, 2024
Behind the Money podcast17 min listen
Can WeightWatchers survive the Wegovy era?
...FT reporter Anna Mutoh examines whether WeightWatchers’ latest strategy can produce the turnaround investors are hoping for....
April 10, 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
Ithaca Energy Inc
Ithaca Energy in exclusive talks for Eni’s UK upstream assets
...It previously warned that it would have to defer or cancel investment, and produce less oil....
March 27, 2024
LexElaine Moore
The Lex Newsletter: AI spending plans are spooking the market Premium content
...Musk says Tesla can produce cheaper vehicles next year using existing factories. Meta, on the other hand, has markets spooked....
April 26, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...“China has built an industry that can produce excellent cars at truly remarkable price points almost all through the range of products,” said James Anderson, a managing partner at Lingotto Investment Management...
April 25, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...The auditors of large US companies are required not just to sign off on the annual figures themselves but also on the internal controls and systems that a company used to produce them....
March 1, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...Last year, Shockwave completed a $147mn acquisition of Neovasc, which produces a device to treat refractory angina, another type of heart defect....
April 5, 2024
Tesla Inc
Tesla evacuates German plant after suspected arson attack triggers power cuts
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
March 5, 2024
ASUSTeK Computer Inc
Taiwan’s top computer maker to produce servers in US to tap AI boom
...A version of this article was first published by Nikkei Asia on November 16. ©2023 Nikkei Inc. All rights reserved....
November 21, 2023
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Mandating that carmakers produce more EVs does not guarantee that buyers want them....
April 10, 2024
LexBoeing Co
Re-merger of Boeing and Spirit AeroSystems pits quality control against value creation
...He concluded that assessments on transaction, monitoring and agency costs would compel managers to either produce internally or outsource to another company....
March 4, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexUber Technologies Inc
Uber should steer clear of buybacks Premium content
...Last year, chief executive Dara Khosrowshahi claimed that Uber was a business that could produce substantial sums of cash....
February 8, 2024
#techAsia
China’s edge in flying cars and an Asian tag-team in AI Premium content
...Among them, Nasdaq-listed Ehang received authorisation to mass produce its flying vehicles earlier this month....
April 25, 2024
Inside BusinessJune Yoon
New generation of chips will drive the AI wave
...Samsung and Micron produce older generation HBMs and are set to release their latest versions in the coming months....
December 19, 2023
Media
Redstone prefers rival deal to Apollo’s $11bn Paramount studio bid
...That deal would result in Ellison running the combined Paramount and Skydance, which already produce movies together including Top Gun and Mission: Impossible, according to those briefed on the plan....
March 21, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...As Peter Campbell laid out in the Financial Times yesterday: The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year . . ....
April 3, 2024
Tesla Inc
Tesla forced back to drawing board over German expansion plans
...The factory, which opened in March 2022, employs 12,500 people and produces 6,000 electric vehicles a week. But Tesla has ambitious plans to expand capacity from 500,000 cars a year to 1mn....
February 22, 2024
LexBlue Apron Holdings Inc
Blue Apron: meal kit maker is chopped up, sold and reheated Premium content
...But after more than a decade in business, Blue Apron has failed to produce profit or sales growth. It has funnelled revenue into marketing and discounts to attract new customers....
November 13, 2023
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Rivian said it planned to produce 57,000 battery-powered trucks and vans this year, compared with 57,232 produced in 2023. It also announced a 10 per cent cut to its salaried workforce....
February 21, 2024
LexIPOs
Reddit IPO targets low float and low valuation Premium content
...In 19 years it has yet to report an annual profit, though lay-offs could produce positive net income in the final quarter of 2023 that would give listing documents a boost....
February 6, 2024
US-China trade dispute
US solar manufacturers in ‘dire situation’ as imports soar
...China produces three-quarters of the world’s solar panels and an even higher share of inputs, including polysilicon, cells and wafers....
March 13, 2024

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