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Reddit Inc
Reddit removes CEO pay incentives in signal of reduced hopes for IPO
...Huffman, known on Reddit by his username “spez”, co-founded the company in 2005 with Alexis Ohanian....
March 15, 2024
Asia maritime tensions
‘Gutter-level’ talk: China-Philippines discord deepens over Taiwan
...“We’ll work closely with allies and partners to push back and speak out about the risks to peace and stability in the world’s most important waterways,” Sullivan told the UC San Diego Forum on US-China Relations...
February 1, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Stripe Inc
Stripe in ‘no rush’ to go public as cash flow turns positive
...We hit dual milestones of $1tn in payment volume and being cash flow positive,” said John Collison, Stripe’s co-founder and president....
March 13, 2024
Michael Lynch
Mike Lynch goes on trial in US over Silicon Valley’s ‘largest fraud’
...Mike Lynch, once one of the UK’s most successful tech entrepreneurs, is set to go on trial in San Francisco on Monday, 13 years after what US prosecutors have called “the largest fraud in the history” of...
March 17, 2024
OpenAI
OpenAI directors in talks with Altman on rejoining board
...Ilya Sutskever, a third co-founder, was one of the four directors who voted to oust Altman....
November 22, 2023
US-China relations
US House panel accuses VC firms of aiding Chinese military and genocide
...Speaking recently at the University of California San Diego’s 21st Century China Center forum, one participant said the committee had “scared the hell” out of companies and was having an impact on investment...
February 8, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Drugs research
Viking Therapeutics shares more than double on ‘statistically significant’ weight-loss trial results
...San Diego-based Viking’s shares jumped 121 per cent to $85 per share on Tuesday....
February 27, 2024
Special ReportEurope’s Leading Start-up Hubs
Turning ideas into technology: the value of university-business links
...These particularly benefit from co-location with strong academic centres....
March 14, 2024
News in-depthDrug trafficking
How Mexico stymied America’s war on drugs
...Rafael Fernández de Castro, director of the Center for US-Mexican Studies at UC San Diego, said: “This government . . . reacts [to the DEA] with more emphasis on sovereignty — and that creates clashes....
April 5, 2024
Artificial intelligence
Microsoft derides ‘doomsday futurology’ of New York Times’ AI lawsuit
...He added “the bottom line is that The Times looked for its stolen works and found them. Microsoft now blames The Times for bringing this to light as an excuse for their and OpenAI’s wrongdoing.”...
March 5, 2024
OpenAI
Microsoft will have observer role on OpenAI’s new board
...Additional reporting by Richard Waters in San Diego...
November 30, 2023
US-China relations
Biden and Xi have ‘candid’ call in first talks since November
...The official said the two sides were also working on areas of co-operation, and that they hoped to launch “in the coming weeks” a bilateral dialogue on artificial intelligence as agreed at the San Francisco...
April 2, 2024
News in-depthSemiconductors
US missing pieces of AI chip puzzle despite TSMC’s $65bn bet
...But while Washington’s money offers some incentive, TSMC’s most important motive for stepping up its commitment to the US was to bring its own US strategy in line with the needs of Nvidia and other vendors...
April 11, 2024
Special ReportFT High-Growth Companies Asia-Pacific
South Korean virtual reality fishing game reels in 1mn users
...The company is set to present its latest studies at the American Association for Cancer Research (AACR) annual meeting in San Diego on April 9....
April 3, 2024
OpenAI
OpenAI says New York Times ‘manipulated’ ChatGPT in copyright feud
...OpenAI has alleged The New York Times “intentionally manipulated” its chatbot to regurgitate whole lines from the newspaper’s articles, as it fights a copyright lawsuit from the newspaper that poses a threat...
January 8, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Investments
Directors’ Deals: Departing StanChart banker sells shares
...Roberto Hoornweg and Sunil Kaushal will replace Cooper as co-heads of corporate and institutional banking....
March 22, 2024
News in-depthChinese military
China’s military capability set to grow faster than its defence budget
...That requires more rather than less resources,” said Tai Ming Cheung, director of the Institute on Global Conflict and Co-operation at the University of California San Diego....
March 6, 2024
Uber Technologies Inc
Uber records first annual profit as market value approaches $150bn
...Under co-founder Travis Kalanick, the company had raised huge amounts of capital in an aggressive global push to dominate the ride-sharing market....
February 7, 2024
The Big Read
How Google lost ground in the AI race
...Additional reporting by Stephen Morris and George Hammond in San Francisco...
April 5, 2024
LexReddit Inc
No, Reddit is not a meme stock Premium content
...Within the IPO, the San Francisco social media site reserved 1.7mn shares for Reddit users, friends and family. There were conditions attached....
March 21, 2024
Trading technology
Carta customers say platform tried to trade their shares without consent
...Karri Saarinen, co-founder of software start-up Linear, claimed Carta started approaching his investors on Friday without consent....
January 7, 2024
Style
How Dara is rethinking fashion’s rules
...“I don’t know if I’ve ever not been serious,” said Dara, the San Diego-born, New York-based stylist and editor, who goes by her first name only....
March 27, 2024
ReviewNon-Fiction
The Light of Asia — how eastern thinking made the west
...Although near-forgotten today, Watts, whose patrician accent and pipe-smoking belied his expertise on Asian religions, was once one of the most prominent figures in a phenomenon whose history has lasted...
January 30, 2024
Music
‘We’re trying to create that London Latin sound’
...La Linea, April 12-22, comono.co.uk...
April 10, 2024
Scoreboard
Private equity’s plan for rugby Premium content
...Highlights The San Diego Wave, the NWSL franchise, has been sold to private equity firm Levine Leichtman Capital Partners for $113mn, almost double the previous record for a US women’s football team, Sportico...
March 16, 2024

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