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Artificial intelligence
AI and media companies negotiate landmark deals over news content
...The technology companies building AI are keen to focus on its utility in driving efficiencies within newsrooms and enhancing journalism and are happy to pay millions to preserve longstanding relationships...
June 17, 2023
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
Microsoft, Google and Meta are using more water to cool down data centres that power artificial intelligence products
February 25, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Cruise LLC
GM’s driverless car unit Cruise probed over dragging incident
...In addition to the DoJ and SEC investigations, the incident prompted probes by the California DMV, the California Public Utilities Commission and the National Highway Traffic Safety Administration....
January 25, 2024
Origin Energy Ltd
Brookfield-led ‘final’ bid for Australian energy giant rebuffed by largest shareholder
$12.5bn takeover of Origin Energy in balance ahead of vote this month on deal
November 2, 2023
Social affairs
Google closes data loophole amid privacy fears over abortion ruling
...Google said: “In March 2021, we announced that we planned to restrict access to this permission, so that only utility apps, such as device search, antivirus, and file manager apps, can see what other apps...
July 1, 2022
Driverless vehicles
California clears way for driverless taxis in San Francisco
...The California Public Utilities Commission gave the green light to full commercial robotaxi services in the city despite objections from San Francisco officials who claimed the vehicles have not been proven...
August 11, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Driverless vehicles
GM’s Cruise to suspend all driverless car fleets after California ban
...Cruise and its rival Alphabet-owned Waymo were granted permission by the California Public Utilities Commission in August to run driverless taxi services throughout the city....
October 27, 2023
Cruise LLC
GM’s Cruise driverless vehicles banned from California roads
...The GM unit scored an important breakthrough in early August when California’s public utilities commission granted it and Waymo, Alphabet’s autonomous car company, the right to run full-scale driverless...
October 24, 2023
Hedge funds
Why the hottest hedge fund strategy could be in trouble Premium content
...What could be the embattled utility’s most valuable asset — Hawaii’s third-largest bank — could also be a liability, The Wall Street Journal reports....
August 25, 2023
Elaine Moore
I wanted to love driverless taxis, but then my ride took a sinister turn
...Companies got the go-ahead from the state California Public Utilities Commission and the department of motor vehicles. Some city agencies are deeply unhappy about the situation....
June 30, 2023
Due Diligence
Can Centerview Partners become the next Goldman Sachs? Premium content
...Job moves Francesco Starace, the former chief of Italy’s largest state-backed utility Enel, is joining private equity group EQT in June after being pushed out of the energy group by Giorgia Meloni’s government...
May 30, 2023
The Big Read
Here come the driverless taxis
...Robotaxis have gummed up the San Francisco’s fire department’s services 55 times in the past year, its chief Jeanine Nicholson told the California Public Utilities Commission....
August 18, 2023
FT Alphaville
Bill Gates loves trash
...company John Deere and Diageo make up the rest of the top five, while further down we find Canada’s national railway system; car seller AutoNation; Spanish construction company FCC; Otter Tail, a Minnesota utility...
February 1, 2023
LexTechnology regulation
Apple/Google: Japan’s regulators focus on high app store fees Premium content
...Power utilities were hit with record antitrust fines in December, pushing some into the red. Companies that top the list of Japan’s app downloads can only gain from the added scrutiny....
February 10, 2023
UnhedgedRobert Armstrong
Risk on, economy off Premium content
...Risky risk on Here’s an updated version of one of our go-to charts, sector performance within the S&P 500: The most defensive sectors — utilities, healthcare, consumer staples — are the bottom of the league...
January 25, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
The FT ViewThe editorial board
A milestone for fusion power
More investment should be committed to translate the promise into a power station
December 13, 2022
Origin Energy Ltd
Brookfield and EIG bid $12bn for Australia’s Origin Energy
...He said that companies such as AGL and Origin had lost their “utility” status as public companies due to the investment needed to switch from fossil fuels to renewable energy sources, adding that Australia...
November 10, 2022
Westinghouse Electric Co LLC
Westinghouse to be sold for $7.9bn in sign of nuclear power revival
War in Ukraine has sparked fresh interest in industry that fell out of favour
October 11, 2022
Ferrovial SA
Ferrovial sells UK support services business Amey in £400mn deal
...The sale to the buyout firms was “part of a wider trend of highway and utilities services being sold to private equity, but there is money to be made in that space”, he added....
October 11, 2022
Biffa PLC
UK waste manager Biffa receives takeover bid
Proposal from private equity firm Energy Capital values the company at £1.36bn
June 7, 2022
FT CollectionsTech Exchange
John Hanke: A real-world metaverse will be more magical than VR
...CC: One final question: we’ve talked about AR as a utility, while you’re out in the real world — using AR to complement your life, whether that’s looking up bus times through AR, or the menu at a restaurant...
October 3, 2022
Trustbusters vs private equity
The private equity club: how corporate raiders became teams of rivals
...owned partnerships almost exclusively focused on corporate takeovers, could not always afford to purchase on their own some of the companies they considered attractive targets — such as hotelier Hilton, utility...
August 9, 2022
Electric vehicles
Vietnamese carmaker VinFast files for US IPO to fund shift to electric vehicles
...VinFast earlier this year unveiled a line-up of five electric cars, including a new sport utility vehicle selling from $41,000 in the US or €36,000 in Europe....
April 7, 2022
Energy sector
Ukraine war puts Japan’s clean energy transition at risk
...sustainable energy solutions and innovative pro-bono work at government committees working on the deregulation of Japan’s electricity market — until then, controlled by an oligopoly of stodgy regional utilities...
May 12, 2022
Renewable energy
Record fundraising by a nuclear fusion start-up
Helion secures $500m investment in latest sign of investor confidence in the technology
November 5, 2021

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