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EU tech regulation
Apple and Microsoft fight Brussels over ‘gatekeeper’ label for iMessage and Bing
...Analysts have estimated that iMessage, which is built into every iPhone, iPad and Mac, has as many as 1bn users globally, but Apple has not disclosed any figures for several years....
September 4, 2023
Inside BusinessRichard Waters
Chip wars are coming to PCs
...This week, as Apple unveiled its latest high-end Macs, its new M3 chips were very much the focus....
November 3, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Unhedged
Dick Bove: ‘Research is dead’ Premium content
...The government created Freddie Mac, Ginnie Mae, mortgage-backed securities, modified mortgages and subsidised rates for homeowners. It was a 1 per cent mortgage era....
February 2, 2024
Property sector
Surging US mortgage rates halt rally in homebuilder stocks
...Mortgage rates have risen sharply in recent months, rising from 6.48 per cent at the start of the year to a 23-year high of 7.79 per cent last week, according to Freddie Mac....
October 29, 2023
News in-depthMicrosoft Corp
Microsoft launches AI chips as developers seek Nvidia alternatives
...He compared it to Apple’s longstanding efforts to develop custom processors for its iPhones and Macs or Google’s dedicated video chips for YouTube, which help deliver a smoother experience for customers....
November 15, 2023
The Big Read
Can Intel become the chip champion the US needs?
...To make matters worse, Apple recently dropped Intel in its Macs in favour of its own silicon chip designs, while AMD has taken advantage of TSMC’s superior manufacturing to claim an estimated 35 per cent...
April 14, 2023
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
X Corp
Musk suspends US journalists’ Twitter accounts
...They include Ryan Mac of the New York Times, Donie O’Sullivan of CNN and Drew Harwell of the Washington Post....
December 16, 2022
McDonald's Corp
McDonald’s to up pace of restaurant openings and hold ‘tough’ talks on staffing
...The group’s model, which has given local franchisees latitude to customise menus beyond core items such as Big Macs and french fries, had allowed innovation but also duplication, he noted....
January 6, 2023
LexFood & Beverage
US fast food: inflation will ketchup with burger flippers soon enough Premium content
...The average cost of a Big Mac in the US stood at $5.15 in June, according to The Economist’s Big Mac Index. That is 30 per cent higher than a decade ago....
September 14, 2022
X Corp
Musk polls Twitter users on whether he should step down as CEO
...The journalists, including Ryan Mac of the New York Times and Donie O’Sullivan of CNN, have since been reinstated....
December 19, 2022
US interest rates
US home mortgage rates top 6% for first time since 2008
...The average 30-year fixed-rate mortgage rose to 6.02 per cent, up from 5.89 per cent a week ago and 2.86 per cent in the same week last year, according to Freddie Mac’s weekly survey....
September 15, 2022
Property sector
The uneasy US housing stalemate
...From the WSJ: “I like to call it the ‘golden handcuffs’ of mortgage rates,” said Odeta Kushi, deputy chief economist at First American Financial Corp....
January 12, 2023
Property sector
US mortgage rates in sharp fall as economic jitters seep into housing
...The average interest rate charged on a 30-year fixed-rate mortgage dropped for a second consecutive week to 5.3 per cent, down from 5.7 per cent the week before, Freddie Mac, the government-backed home loan...
July 7, 2022
US economy
US home mortgage rates jump by the most since 1987
...“These higher rates are the result of a shift in expectations about inflation and the course of monetary policy,” said Sam Khater, Freddie Mac’s chief economist....
June 16, 2022
FT Magazine
The future of vaping looks a lot like cigarettes
...At one point, a rep has to retire mid-conversation, dizzy from all the inhaling and, like a fallen infantryman, is replaced by the next man in the corps....
August 10, 2023
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
Russian business & finance
Russians get first taste of rebranded McDonald’s
...It is not just the name that has changed, with the word “Mac” removed from the menu....
June 12, 2022
John Gapper
Starbucks baristas are oppressed by TikTok Frappuccinos
...Schultz last retook the helm amid the coffee wars of the mid-2000s with McDonald’s and Dunkin’ Donuts, when Starbucks was being undercut by cheaper cappuccinos....
April 8, 2022
#techAsia
China’s power crunch and why SoftBank cut back on Alibaba Premium content
...The Chinese smartphone assembler already makes the Mac Mini desktop computer, and has recently won orders to build an older generation of MacBooks....
August 25, 2022
Spirit Airlines Inc
Spirit Airlines rejects JetBlue’s acquisition offer
...After a thorough review and extensive dialogue with JetBlue, the board determined that the JetBlue proposal involves an unacceptable level of closing risk that would be assumed by Spirit stockholders,” Mac...
May 2, 2022
#techFT
US strengthens Ukraine’s cyber defences
...Tech tools — Apple’s Mac Studio The Mac Studio, unveiled at Apple’s latest product launch event on Tuesday, is akin to a pro version of Mac Mini and connects to an external monitor and keyboard, reports...
March 9, 2022
US economy
‘Payment shock’ awaits US home buyers as mortgage rates climb
...Higher payments are “quickly affecting homebuyers’ ability to keep up with the market”, said Sam Khater, Freddie Mac’s chief economist....
March 30, 2022
McDonald's Corp
McDonald’s to sell its Russian business over Ukraine war
...note to staff, Kempczinski said on Monday that the company’s presence in Russia had inspired the notions of “burger diplomacy” and a “McDonald’s peace theory”, which held that no two countries with Big Macs...
May 16, 2022
Property sector
US lifts upper limit on government-backed home mortgages to almost $1m
...Tuesday said the biggest loan for a single-family property in high-cost areas including New York and Los Angeles that can be purchased by government-sponsored home loan agencies Fannie Mae and Freddie Mac...
November 30, 2021
Due Diligence
Another fine mess for SoftBank Premium content
...Songs like Fleetwood Mac’s “Dreams”, which became a royalty-driving TikTok sensation, have boomed in value in recent years....
October 13, 2021
Microsoft Corp
Microsoft reclaims title of most valuable public company after Apple falls
...Microsoft regained its crown as the most valuable publicly listed company in the world on Friday from Apple, whose shares slumped following a weak quarterly earnings update from the maker of iPhones and Mac...
October 29, 2021

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