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News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...The US Senate is weighing a bill that would force the sale of the app over national security concerns, or have it banned....
April 9, 2024
Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...“We have begun preparations, we are doing the internal work and we have been for a long time running the business with the discipline of a public company,” he told the Financial Times in an interview....
April 4, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...by the end of the year, provided a riposte to “naysayers” who said the company was “going to burn through [its cash] and go out of business”....
March 3, 2024
Google LLC
Google considers charging for AI-powered search in big change to business model
...It has also added Gemini to Workspace, its suite of online productivity apps like Gmail and Docs....
April 3, 2024
Stripe Inc
Stripe in ‘no rush’ to go public as cash flow turns positive
...But some are now running short of cash. According to industry groups, as many as two-thirds of venture backed start-ups will need to raise money this year....
March 13, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Presuming online fast fashion group Shein makes it to market, Gen Z shoppers who return as much of their hauls as they hold on to may conclude that keeping consumers sweet makes for a less attractive business...
April 19, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
John Gapper
Google and Apple’s app stores are cash machines
...It is easier for app stores. They cost much less to operate and those with the market power that Apple and Google possess keep on generating more cash as more apps appear....
December 15, 2023
TikTok Inc
Joe Biden says he supports bill to ban TikTok from US app stores
...“I don’t want Facebook, who cheated in the last Election, doing better. They are a true Enemy of the People!”...
March 8, 2024
Apple Inc
US Supreme Court will not review Apple fight with Epic Games over App Store
...However, he added: “As of today, developers can begin exercising their court-established right to tell US customers about better prices on the web....
January 16, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...The legislation requires companies to allow app developers to “steer” users to products beyond their own platforms without charging them for doing so....
March 25, 2024
News in-depthNews in-depth15 min
Building blocks: Lego's next move | FT Film
...The adult fan community has been hugely influential on, I think, Lego as a business....
March 21, 2024
LexApple Inc
For Apple, a €1.8bn EU fine is just the start Premium content
...It is pocket change when compared with Apple’s global sales, equal to about 2 per cent of last year’s annual free cash flow. Appeals mean the case will be in court for years....
March 5, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...The more than £16bn worth of Thames Water bonds sitting below the holding company are part of a so-called whole business securitisation....
April 24, 2024
FT Swamp Notes
Does DoJ versus Apple signal a market top? Premium content
...app stores, innovative super apps, cloud-steaming games, and secure texting....
March 25, 2024
LexBlock Inc
Block: merchant payments innovator struggles to defend home turf Premium content
...Square’s stature has grown following short seller claims over the quality of user numbers on Block’s Cash App. Its consumer business competes with big rivals such as PayPal’s Venmo....
September 26, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
James Max
Rich People’s Problems: Who picks up the bill for a business lunch?
...It’s perfect for doing business, on a budget that’s sensible....
March 29, 2024
John Gapper
Convenience stores should make more of themselves
...Instacart, the largest US grocery delivery app, cut 7 per cent of its staff this week in an effort to become more efficient....
February 16, 2024
InterviewEpic Games Inc
Epic Games chief concerned Google will ‘get away’ with app store charges
...“The Google folks clearly knew what they were doing,” Sweeney said. “They had very lucid writings internally as they were writing emails to each other, though they destroyed most of the chats.”...
December 16, 2023
Ecommerce25 min
The rise of Pinduoduo and Temu: profits and secrets | FT Film
...PDD domestically, it's very, very cash generative. This year, 2023, we think the domestic business is probably on track to generate something like $25bn of free cash flow....
March 6, 2024
Unhedged
Is Uber’s buyback a good idea? Premium content
...Doing a buyback is a good idea only if the company doesn’t have a higher-returning way to invest the cash....
February 15, 2024
Transcript
Transcript: Can Telegram clean up its act?
...The company is looking to launch a chipmaking business. It wants to be less dependent on those made by Nvidia. But OpenAI needs cash to do it. Like up to $7tn over the next several years....
March 15, 2024
FT CollectionsTech Exchange
Cristiano Amon: generative AI is ‘evolving very, very fast’ into mobile devices
...Because when you leverage the computation on the device, the query is more precise and it’s actually a more efficient way of doing computing [than running AI apps in the cloud]....
January 4, 2024
FT Magazine
The mystery of the Hampstead mansion and the £1.4bn bitcoin haul
...In Wen’s bedroom, they found £69,000 in cash. When police noticed Wen trying to delete apps from her iPhone, they asked her to hand it over....
March 20, 2024
Apple Inc
Apple boosts plans to bring generative AI to iPhones
...She added: “Apple doesn’t want to be in the business of what Google and Amazon want to do, which is to be the backbone of all American businesses that build apps on large language models.”...
January 24, 2024
FT SeriesHTSI spring menswear special 2024
The Dunhill creative director’s black book of style
...The idea of freedom, adventure and just doing whatever you want in your own time is so appealing....
March 8, 2024

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