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News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...TikTok’s US business denies it shares data related to its US users with entities in China. However, the dispute over RSUs shows that may not be the case for information about its US employees....
April 9, 2024
Reddit Inc
Reddit removes CEO pay incentives in signal of reduced hopes for IPO
Social media company cancels Steve Huffman’s performance awards based on hitting $25bn market value
March 15, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...US IPO activity has been depressed for more than two years, and even those that have managed to go public recently have had to offer investors substantial valuation discounts compared with listed rivals....
March 7, 2024
News in-depthPfizer Inc
Covid vaccine winners suffer reversal of fortune
...Factors that need to be considered include the number of people suffering from vaccine fatigue and demand for Paxlovid beyond that of the US government when the drugmaker starts selling it commercially in...
October 3, 2023
Instagram
Instagram overtakes TikTok in app downloads in race for new users
...Additional reporting by Andy Lin in Hong Kong and Hannah Murphy in San Francisco...
March 8, 2024
Artificial intelligence
China’s internet giants order $5bn of Nvidia chips to power AI ambitions
...Washington on Wednesday announced a ban from next year on some US investment into China’s quantum computing, advanced chips and artificial intelligence sectors....
August 9, 2023
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...ByteDance has approximately 100,000 employees outside the US....
April 11, 2024
Hannah Murphy
Why AI conspiracy videos are spamming social media
...hannah.murphy@ft.com...
March 21, 2024
#techAsia
Huawei goes ‘007’ and TSMC gets a grant Premium content
...as part of their pay packages but have been unable to sell, write the Financial Times’ Tabby Kinder and Hannah Murphy....
April 11, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
March 22, 2024
Reddit Inc
Reddit targets valuation as high as $6.5bn in IPO
...Reddit’s listing will represent a significant test of investor appetite, as the market for IPOs in the US slowly thaws after two years of moribund activity....
March 1, 2024
Menswear
V-necks are back
...Because for as long as many of us can remember, V-neck sweaters have been all but verboten — existing somewhere in the style hinterland between twisted jeans and square-toed tan leather loafers from Shoe...
April 8, 2024
Reddit Inc
Reddit chooses New York Stock Exchange for long-stalled IPO
...The US IPO market has had a shaky start to the new year....
February 2, 2024
Snap Inc
Snap shares sink 35% as revenue falls short of Wall Street expectations
Social media company’s earnings underwhelmed investors a day after it announced lay-offs
February 7, 2024
TikTok Inc
US bill would ban TikTok from app stores unless ByteDance divests it
...The measure could have implications for the US election....
March 6, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Reddit Inc
Reddit plans share sales to platform’s users as it moves ahead with IPO
...The first major tech group flotation of 2024 will test the strength of the US IPO market after two lacklustre years....
February 22, 2024
TikTok Inc
Ex-TikTok executive claims she was fired for lacking ‘docility and meekness’
...Puris joined TikTok as a managing director and US head of business marketing....
February 8, 2024
FT CollectionsTech Exchange
Bill Ready: why social media turned toxic and how we can fix it
...BR: AI is a core competency for us....
February 1, 2024
Airlines
US airlines under fire for raising baggage fees again
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
March 10, 2024
Coronavirus treatment
Expired Pfizer Covid antiviral drugs set to cost Europe $2.2bn, data shows
...The drug is not yet approved in the US or Europe....
January 1, 2024
Pfizer Inc
Pfizer drops plan for twice-daily obesity pill due to side effects
...Pfizer is abandoning its plans for a weight loss pill to be taken twice a day after trials showed it caused significant side effects, in a setback to the US drugmaker’s effort to enter the fast-growing market...
December 1, 2023
LexMergers & Acquisitions
Hedge funds crash and burn in JetBlue/Spirit fiasco Premium content
...US market....
January 17, 2024
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...The firm says it owns, finances or leases more than 200 aircraft, and counts Delta, Avianca and Qatar Airways as lessees....
April 11, 2024
Person in the News
Lidiane Jones, the ‘underdog’ taking the reins at Bumble
...hannah.murphy@ft.com...
November 10, 2023
Cyber Security
SolarWinds faces SEC lawsuit after 2020 hack
...SolarWinds, the IT company breached by Russian hackers as part of a sprawling espionage campaign in 2020, has been sued by the US Securities and Exchange Commission....
October 30, 2023

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