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News in-depthSequoia Capital
How Klarna’s boardroom spat exposed a schism at Sequoia Capital
...He had been a senior member of the team at PayPal, working alongside Peter Thiel, Elon Musk, Max Levchin and Reid Hoffman — a group later dubbed the “PayPal mafia” who went on to become some of Silicon Valley...
February 24, 2024
Andreessen Horowitz
Chatbot Character.ai valued at $1bn in Andreessen-led funding round
...Hoffman announced in a LinkedIn post on Friday that he is stepping down from the board of OpenAI to avoid potential conflicts of interest....
March 3, 2023
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling
April 19, 2024
Sam Altman
Spain blocks Sam Altman’s eyeball-scanning venture Worldcoin
...Investors poured roughly $250mn into the company, including venture capital groups Andreessen Horowitz and Khosla Ventures, internet entrepreneur Reid Hoffman and, prior to the collapse of his FTX empire...
March 6, 2024
Letter
Letter: Tool of modern warfare familiar to Italian opera
...Eva C Hoffman Jedruch Summit, NJ, US...
August 9, 2023
US equities
From Mongolian football to the ‘Pasta Prince of LA’
...investment banker — and self-described venture philanthropist — who is also managing director, head of equity capital markets and head of China at US underwriter Boustead Securities.https://twitter.com/paul_c_watson...
March 8, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Behind the Money podcast18 min listen
Is OpenAI’s business model sustainable?
...The FT’s Madhumita Murgia and George Hammond examine whether the start-up’s existing business model can achieve its long-term goals. Plus, do you have a question about markets, finance or economics?...
February 28, 2024
News updates from December 19: Maersk diverts ships to avoid Red Sea, Israel says it is ready for another pause
US stocks open higher on interest rate sentiment
...The moves came after San Francisco Fed president Mary C. Daly late on Monday acknowledged the central bank’s “progress” on inflation and appeared to throw her weight behind three rate cuts next year....
December 19, 2023
Nuclear energy
Paris seeks UK loan guarantee after Hinkley Point nuclear plant costs soar
...The French government is pushing British ministers to provide loan guarantees for Hinkley Point C to try to ease EDF’s financing costs on Britain’s new flagship nuclear power station as its price tag has...
January 31, 2024
FT Alphaville
FTAV gift guide: C-suite edit
...We’ve been promised all year that shares in the painting above, Francis Bacon’s “Three Studies for a Portrait of George Dyer”, will be the first to trade on a newly formed art exchange that’s being set up...
November 17, 2023
UK politics
Government accused of delaying infected blood payouts to make room for tax cuts
...Contaminated blood left tens of thousands of people — many suffering from haemophilia, a rare blood disorder — infected with HIV and hepatitis C in the 1970s and 1980s....
February 28, 2024
Post Office scandal
Kemi Badenoch and former Post Office chair locked in war of words
...The government has also been accused of dragging its feet over that scandal — in which tens of thousands of people were infected with HIV and hepatitis C through tainted blood transfusions — but is expected...
February 19, 2024
Music
Five stars for Emerson String Quartet’s farewell concerts in New York
...The programme for a quartet late in its style was music of late styles, Beethoven’s Op 130 Quartet in B-flat major, with the Grosse Fuge as the last movement, and after intermission Schubert’s Quintet in C...
October 23, 2023
Behind the Money podcast18 min listen
An IPO drought pushes investors to a murky marketplace
...The FT’s venture capital correspondent George Hammond explains the potential pitfalls of this opaque marketplace and why investors will be rushing to it in 2024....
January 17, 2024
UK politics
Ministers to time UK blood scandal payouts to avoid jeopardising pre-election tax cuts
...A further 26,800 became seriously ill, while 2,400-5,000 people were infected with hepatitis C....
December 5, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthCanada
Canada limits international student numbers after backlash over rising rents
...Average home prices in Toronto and Vancouver are above C$1mn....
February 5, 2024
Gig economy
Deliveroo’s sub clause keeps the wheels turning
...contract of employment, or(b) under any other contract whereby he undertakes to do or perform personally any work or services for another party to the contract who is not a professional client of his, or(c)...
November 23, 2023
The Art Market
Online art fairs prove their renewed value for small galleries
...Courtney Treut, most recently at Sean Kelly in LA, has been hired as director, while programming for the courtyard will be organised by LA gallerist Hannah Hoffman....
February 22, 2024
UK politics
Rishi Sunak’s popularity sinks to new low as he battles MPs on Rwanda policy
...With values rooted in small ‘c’ conservatism, it has attacked the BBC, Extinction Rebellion, the National Trust leadership, and so-called “woke” policing....
December 13, 2023
Cryptocurrencies
Sam Altman’s Worldcoin crypto project begins international rollout
...Despite the regulatory hurdles, investors poured roughly $250mn into Worldcoin, including venture capital groups Andreessen Horowitz and Khosla Ventures, internet entrepreneur Reid Hoffman and, prior to...
July 24, 2023
ReviewMusic
New York’s Ragas Live Festival brings together past and present, east and west — review
...Another composer inspired by ragas was Terry Riley, and Brooklyn Raga Massive performed their In D, a homage to Riley’s In C, at a past festival....
October 17, 2023
Inside Politics
Sunak bets on a double whammy to hold on to power
...(George Parker’s story on the prime minister’s thinking and the early battle lines for the election is here.) Is he right? I don’t know. I think it’s unlikely....
January 8, 2024
UK politics
Britain to host first global AI regulation summit in autumn
UK can exert leadership in setting ‘guardrails’ for new technology, Sunak to tell Biden in Washington meeting
June 7, 2023
ReviewFilm
Rebel Moon Part One: A Child of Fire — ersatz Star Wars is a lumpen let-down
...The actor may be hoping no one realises it’s him, having merely lent his voice to a C-3PO-type robot with flowers around his head....
December 21, 2023
Inside Politics
Sunak readies for talks on ties, AI and baseball in upcoming US trip
Also in this newsletter, Labour gains a low-key megadonor keen on helping it fight the next election
June 5, 2023

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