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Google LLC
Google considers charging for AI-powered search in big change to business model
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
April 3, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...“We’ll enjoy greater scale, resources and agility, while better positioning the firm to make targeted investments,” said Seth Siegel, Grant Thornton’s chief executive....
March 15, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
March 21, 2024
Toyota Motor Corp
Toyota Industries investor blames group’s ‘broken culture’ for data scandals
...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
February 14, 2024
Mergers & Acquisitions
General Atlantic to buy UK’s Actis in bet on infrastructure growth
...General Atlantic’s expansion push comes as some prominent private equity groups consider public listings, while others sell to strategic partners with broader financial resources....
January 16, 2024
InterviewCATL
China’s ‘battery king’ dismisses solid-state EV commercialisation as years away
...“Batteries are like rocks or bricks, you buy them to build a house. When we were selling the bricks [to Duke] we told them no military use . . . so this actually violates our agreements....
March 27, 2024
FT Live
Commodities Global Summit 2025
The pre-eminent gathering of senior commodity executives, traders and financiers
Monday, 24 March 2025Lausanne, Switzerland
Energy sector
Commodity traders bet on big data and AI
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
April 21, 2024
LexRenewable energy
Hot rock batteries are coming to Europe — soon Premium content
...Thus the business of hot rocks already has a solid future. camilla.palladino@ft.com...
March 16, 2024
Energy Source
Unlocking the potential of superhot rocks Premium content
...“These maps, they are intended to whet the appetite of both government and companies with adequate resources to be able to start down that R&D pathway,” said Terra Rogers, director of superhot rock energy...
March 21, 2024
LexDiamonds and gemstones
Diamond market shows serious cracks from man-made stones Premium content
...Either way, the mass market for stones looks less than rock solid. alan.livsey@ft.com...
April 24, 2024
Opec
Global oil market likely to be ‘extremely tight’, says Citadel
Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
April 8, 2024
LexRenewable energy
Blue sky ideas: hot rock thermal storage may lead to a cooler planet Premium content
...Hot rocks offer good potential storage times....
December 29, 2023
The FT ViewThe editorial board
Nigeria’s kidnapping racket is a symptom of a failing state
...A few days later, in Kaduna state, less than 300km from Aso Rock, armed men abducted nearly 300 schoolchildren....
March 12, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...But the market’s only busier compared with last year’s decade low; deals cratered in 2023 following a frenzy of activity during the pandemic that was fuelled by rock-bottom interest rates....
March 28, 2024
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...“And this matters at a time when many parts of the planet are experiencing deep and extended droughts, and fresh drinking water is already a scarce resource.”...
February 25, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
LexRio Tinto PLC
Rio Tinto’s increasing copper exposure will add colour to its stock Premium content
...Chief executive Jakob Stausholm has managed to steady the group after it dynamited rock shelters sacred to Aboriginal tribes in 2020....
April 12, 2024
Rio Tinto PLC
Rio Tinto appoints Bold Baatar as commercial chief in step towards top job
...Stausholm has proved a steady influence at Rio for investors at it attempts to rebuild its reputation following international furore over the destruction of two 46,000-year-old Aboriginal rock shelters as...
April 8, 2024
The Big Read
How Google lost ground in the AI race
...But as the company rallied its resources, multiple competing models emerged from different divisions within Google, vying for internal attention....
April 5, 2024
Sundar Pichai
Sundar Pichai: AI can strengthen cyber defences, not just break them down
...Our Chrome browser examines billions of URLs against millions of known malicious web resources, and sends more than 3mn warnings per day, protecting billions of users....
February 15, 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
Climate change
Google joins satellite mission to scan globe for methane leaks
Tech group’s AI tools will assist project to track oil and gas infrastructure
February 14, 2024
Special ReportFuture of Water
Space agencies race to find water on the moon
...Across the moon’s non-polar regions most, or all, of this water is likely to be bound chemically to dust and rocks....
March 22, 2024
Moral Money
How IEA guidance created a fossil fuel financing ‘loophole’ Premium content
...Fracking — hydraulic fracturing, which uses fluid to release oil and gas from underground rock formations — has driven a huge increase in US fossil fuel production over the past 20 years....
April 8, 2024
Capital One Financial Corp
Capital One agrees to buy Discover Financial for $35bn
...Over the past few months ExxonMobil agreed to acquire shale group Pioneer Natural Resources for $60bn, Chevron reached a deal to buy Hess for $53bn and chip design toolmaker Synopsys announced the takeover...
February 20, 2024
Commodities
Cattle Ponzi alert
...The US securities regulator says Texas-based Agridime LLC and its owners — Josh Link and Jed Wood — have been running a $191mn Ponzi scheme selling “Cattle contracts” in 15 states....
December 15, 2023

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