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InterviewUS financial regulation
US consumer finance watchdog raises alarm over credit card megadeals
...“There has been a shift in thinking in Washington about bank mergers....
April 24, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai, who did not respond to multiple requests for comment, is known as a Washington lobbyist with relationships in both the Democratic party and the energy industry....
March 21, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...With additional reporting by Alex Rogers in Washington...
April 19, 2024
US financial regulation
Largest US supermarket deal caught in Biden antitrust crackdown
...Earlier this year, the states of Colorado and Washington had also sued to block the transaction, a move the companies are set to challenge in court....
February 26, 2024
The Washington Post
Washington Post names Will Lewis as new chief executive and publisher
...By joining the Washington Post, Lewis adds to the ranks of British executives at the helm of top US media organisations....
November 5, 2023
Artificial intelligence
Google pauses AI image generation of people after diversity backlash
...Research from the University of Washington, Carnegie Mellon University and Xi’an Jiaotong University in August found that AI models, including OpenAI’s GPT-4 and Meta’s LLaMA, have different political biases...
February 22, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...Additional reporting by Felicia Schwartz in Washington...
March 7, 2024
Disrupted Times
Brussels blasts Big Tech
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
March 25, 2024
Amazon.com
Bezos sold $4bn in Amazon stock over the past week
...Bezos, who owns The Washington Post newspaper and runs the Bezos Earth Fund philanthropic group, has also recently drawn attention for reportedly relocating from Seattle to Miami, and for a luxurious lifestyle...
February 13, 2024
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...The tie-up, announced earlier this week, will encounter scrutiny in Washington, where regulators appointed by President Joe Biden have unleashed a crackdown on anti-competitive conduct across the US economy...
February 22, 2024
Rana Foroohar
Content creators fight back against AI
...republishes it on its platform, are “only extended and exacerbated by Google’s introduction of Bard in 2023” — since the chatbot trained on content from publishers from the Helena World Chronicle to the Washington...
January 8, 2024
John Thornhill
The AI revolution is generating some investor ‘hallucinations’ too
...However, Washington’s antitrust advocates want to restrain big tech bloat. That suggests these enormous investments may yet be seen as a regulatory dodge....
January 25, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...(Nikkei Asia) Washington pushes allies to tighten China chipmaking restrictions (FT) Alibaba to improve stock options and other incentives for employees (Nikkei Asia) Anyone for crickets?...
March 14, 2024
Google LLC
Pichai acknowledges Google search default deals were ‘very valuable’
Chief executive testifies in US government’s antitrust case accusing Big Tech company of shutting out competition
October 30, 2023
Corporate bonds
Gramercy bets on beaten-down Chinese property company bonds
...Venezuela was another spot where Koenigsberger saw potential because relations between Washington and Caracas have improved following Russia’s full-scale invasion of Ukraine....
January 9, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Google LLC
Microsoft chief says Google default agreements make search choice ‘bogus’
...Washington accuses Google of preserving dominance in internet search by paying more than $10bn a year to ensure it is the default search engine on mobile phones and computers....
October 2, 2023
Artificial intelligence
Google will require election ads to ‘prominently disclose’ AI content
...chief executive Sundar Pichai, Microsoft boss Satya Nadella and Microsoft’s former chief Bill Gates are set to attend an artificial intelligence forum hosted by Senate majority leader Chuck Schumer in Washington...
September 6, 2023
News updates from August 31: UBS breaks record with $29bn profit after Credit Suisse deal, Eurozone inflation stickier than forecast in August
US sanctions two people for supporting North Korean weapons program
...The US government imposed sanctions on two individuals and one company on Thursday that Washington said had supported North Korea’s “unawful weapons of mass destruction and ballistic missile programs”....
August 31, 2023
News updates from September 1: US jobs grow more than forecast, Walgreens Boots CEO steps down
US sanctions two people for supporting North Korean weapons program
...The US government imposed sanctions on two individuals and one company on Thursday that Washington said had supported North Korea’s “unlawful weapons of mass destruction and ballistic missile programmes”...
August 31, 2023
News in-depthGoogle LLC
Google’s Epic legal battle opens up on another front
...The case comes at the same time that Google is defending itself in a landmark antitrust case from the Department of Justice in a Washington DC court, bringing another potentially perilous legal test of some...
November 6, 2023
Google LLC
Google paid $26.3bn for search default deals in 2021, executive testifies
...The disclosure, which came in the US government’s antitrust trial against Google in Washington DC, marked the first time the company has revealed how much it pays to guarantee its search service will get...
October 27, 2023
Technology regulation
Tech alliance in AI standards push to fill ‘gap’ in regulation
...“We’re probably a little ways away from there actually being regulation,” Meserole, who is stepping down from his role as an AI director at the Washington-based think-tank, told the Financial Times....
October 25, 2023
Google LLC
US says Google pays more than $10bn a year to maintain search dominance
...Kanter, who was in the Washington courtroom on Tuesday as an observer, inherited the Google case from the Donald Trump administration, which first filed it in 2020....
September 12, 2023
Private equity
VMware’s $92bn sale showers cash on Michael Dell and Silver Lake
...That left institutional investors in Silver Lake’s funds, such as large pension funds in California, Washington state and New York, sitting on an investment that had grown by billions in value over the past...
November 29, 2023
Due Diligence
What will Millennium look like after Izzy Englander? Premium content
...Paul, Weiss, Rifkind, Wharton & Garrison has hired Jarryd Anderson as a bank regulatory partner in Washington, DC. He joins from O’Melveny & Myers....
November 16, 2023

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