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FT CollectionsTech Exchange
Aidan Gomez: AI threat to human existence is ‘absurd’ distraction from real risks
...His argument would be: by making people pay for a blue tick [on their Twitter profiles], you’re linking it to a credit card and payment, and therefore it’s a form of human verification....
June 16, 2023
Unhedged
What Big Tech antitrust gets wrong Premium content
...of the system....
January 19, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Google LLC
Google to pay $700mn in antitrust settlement over Android app store
...Google will also allow developers to steer consumers outside its store to other payment methods....
December 19, 2023
Post Office Ltd
Post Office chief executive ‘exonerated’ of misconduct after review
...He subsequently said he had been told by a civil servant to stall payments to Horizon victims ahead of the general election — a claim denied by the government....
April 17, 2024
John Gapper
Google and Apple’s app stores are cash machines
...Games apps account for more than 70 per cent of app store revenues, much of that coming through in-app payments for virtual goods and add-ons....
December 15, 2023
Google LLC
Google chief Sundar Pichai grilled on the stand in Epic’s app store lawsuit
...Wall Street analysts had previously put the company’s payments to Apple at $16bn-$20bn a year....
November 14, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthGoogle LLC
Google’s Epic legal battle opens up on another front
...payment system, leaving them paying higher fees....
November 6, 2023
Rana Foroohar
Content creators fight back against AI
...That started to change a couple of years ago, when Australia, followed by Canada, forced tech platforms to negotiate payments with publishers....
January 8, 2024
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...What distinguishes Google from Apple, which makes the iPhone, is that Google does not control the hardware that uses its operating system....
December 12, 2023
LexHedge funds
Multi-managers: Marshall’s pod blast highlights booming platforms Premium content
...As a hedge fund tycoon, Paul Marshall was not the obvious candidate to call out the payment of “incredible amounts” to hedge fund managers....
November 9, 2023
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
February 22, 2024
InterviewEpic Games Inc
Epic Games chief concerned Google will ‘get away’ with app store charges
...“It was just really heartening to see that the justice system worked so well in the end.”...
December 16, 2023
Accountancy
Top accounting firms admit breaking rules safeguarding audit independence
...A person familiar with the situation at PwC said one example was the spouse of a staffer holding a cash balance on payments app Venmo while PwC was auditing Venmo’s parent company PayPal....
January 30, 2024
Sovereign bonds
The world’s oldest living bond
...Further reading: — How bonds ate the financial system....
August 9, 2023
Portugal
Portuguese PM Costa resigns as corruption crisis erupts
...Costa added: “I am available to co-operate with the justice system. I want to say that I am not conscious of having done any illegal act or even any reprehensible act . . ....
November 7, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Free LunchMartin Sandbu
The euro at 25 Premium content
...The monetary union would be “incomplete” without such a system. A leap of fiscal integration did take place in Europe in 2020....
January 11, 2024
Google LLC
Google to open up app payments after UK watchdog probe
...Google’s Play Store rules previously required app developers to use its internal payment system for in-app purchases....
April 19, 2023
Cryptofinance
Moscow moves ahead with digital currency Premium content
...The central banker may realise the need to harness the technology not only for the bank’s own policy purposes but to keep the payments system open to competition....
August 18, 2023
Letter
Letter: Central banks should ease fears over CBDC privacy
...Technologies such as zero-knowledge proofs and secure enclaves can technically enforce privacy while protecting system integrity....
July 27, 2023
On Wall StreetAlan Livsey
What comes next after the Mifid II ‘reverse ferret’ on research
...Last year, global cash equities research was estimated to cost around $11bn annually, according to Kelly’s analysis of Integrity Research data....
September 16, 2023
Cryptocurrencies
US dollar dominance is facing a crypto-yuan hostile takeover
...It’s no surprise that the US Treasury — whose remit includes combating threats to the dollar and protecting the integrity of the financial system — is warning Congress that dollar-based digital instruments...
November 22, 2023
UK financial regulation
UK regulator attacks ‘unacceptable’ risk posed by payments groups
...and to financial system integrity”, adding that the cost of living crisis had exacerbated “the risk of customer harm”....
March 16, 2023
Moral Money
Is carbon insetting the next big thing? Premium content
...In the US, Gevo, a Colorado-based alternative fuels company, has promoted the insetting approach and announced a system to measure carbon intensity....
October 2, 2023
Mergers & Acquisitions
Apollo embraces its softer side Premium content
...At the same time, cash interest payments will be deferred for two years....
July 25, 2023
Bribery and corruption
Serious Fraud Office drops ENRC case after 10-year investigation
...Rio Tinto said: “We are committed to conducting business to the highest standards of integrity.”...
August 24, 2023

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