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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...TikTok hit a record $16bn in sales in the US in 2023, the FT reported last month....
April 25, 2024
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...The $16bn they identified highlights the scale of the group’s operations in the country as Congress seeks to force a sale of the platform to an American buyer....
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...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
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
March 19, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...Chew has proposed multiple alternative measures to a sale for allaying US national security concerns, including the Project Texas plan and a potential American stock market listing of TikTok....
April 24, 2024
Unhedged
What’s wrong with Apple? Premium content
...Sales growth is set to stay soft because of both the smartphone replacement cycle and weak sales in China....
April 2, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
LexTikTok Inc
TikTok’s value would be cut in a forced sale Premium content
...A forced sale is likely to mean a much lower price. TikTok is also reportedly lossmaking. Valued on a sales multiple closer to lossmaking peer Snap, it would be priced at about $88bn....
March 14, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
April 22, 2024
Transcript
Transcript: The great British bargain show
...And look, American stocks have been great for 10 years. They’re not gonna be as great in relative terms for the next 10 years. The chances of that happening are really low....
March 26, 2024
Palantir Technologies Inc
Wait . . . what did Palantir’s CEO just say about short sellers?
...Almost nothing makes a human happier than taking the lines of cocaine away from these short sellers, who are going short on a truly great American company — not just ours — they just love pulling down great...
March 13, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...BioNTech and Pfizer have described a similar patent filed in the US as “unimaginably broad” in American proceedings....
April 22, 2024
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
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
April 25, 2024
Financial services
How’s the PE Winter looking?
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
April 25, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
April 15, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
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
FT Magazine
Battle for the American West
...Old cities industrialised on the right, California and its gold got statehood on the left — and a Great American Desert lay between....
April 13, 2024
FirstFT
FirstFT: Xi meets American CEOs as businesses seek to mend China ties
...China’s President Xi Jinping met US chief executives including Chubb’s Evan Greenberg and Qualcomm’s Cristiano Amon today in Beijing as American business leaders sought to mend ties frayed by geopolitical...
March 27, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...The work has been in the same American collection since 1995, when it was bought for $475,500, and is re-offered, guaranteed, in New York next month....
April 18, 2024
FirstFT
FirstFT: Biden urges Israel to show restraint after Iran’s attack
...US-Israel ties: The attack has increased pressure on American lawmakers to approve new aid for the Jewish state....
April 15, 2024
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...But letting them snap TikTok up would only increase their power over the American psyche....
March 15, 2024
The FT ViewThe editorial board
The great American spending spree
...Retail sales registered their sixth-straight month of growth in September....
November 5, 2023
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Nonetheless, analysts have forecast bumper sales for the two drugs given the 7mn Americans and more than 50mn people worldwide suffering from Alzheimer’s....
April 22, 2024
Unhedged
Uber’s Dara Khosrowshahi defends buyback policy
...[but] there are generally two types of investments we can make: variable cost (marketing, incentives, etc) and fixed cost (sales heads, engineers, etc.)....
February 28, 2024
Life & Arts
Sotheby’s, the Russian billionaire — and the art of the deal
...They may compete on the day with disregard for a sensible market value, and you can get a great price,” says Hugo Nathan, co-founder of the art advisory firm Beaumont Nathan....
February 2, 2024

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