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Chinese business & finance
China’s stockbrokers suffer pay cuts as markets decline
...The president has also repeatedly emphasised the importance of the “real economy” in contrast to finance and tech, as part of a campaign for “high-quality development”....
April 7, 2024
News in-depthTech start-ups
Men behind Microsoft-backed start-up Builder.ai named in Indian criminal probes
...In 2023, the start-up announced a new $250mn funding round led by Qatar’s sovereign wealth fund with participation from top US tech investors Insight Partners and Iconiq Capital....
March 21, 2024
FT Live
Wealth Tech Awards 2024
Recognising the prominent role of technology in private banking.
Thursday, 2 May9 Montague Close, London, UK
EU defence
Rheinmetall chief urges Europe to build defence tech champions
...Efforts by EU leaders to beef up defence co-operation have been stymied by the industry’s fragmentation....
April 1, 2024
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...Nearly four years later, Japan’s second- and third-largest carmakers (behind Toyota) are planning to combine forces to develop electric cars in a bid to survive the coming wave of high-tech, low-cost models...
April 9, 2024
UK business
Manchester’s new arena delays opening night amid safety concerns
...The public launch of Britain’s biggest new indoor arena has been delayed after an unfinished electrical system prompted concerns about safety....
April 22, 2024
Inside BusinessDavid Keohane
Why Nissan needs more than a gamble on solid-state batteries
...The company has responded to the pessimism, recently announcing a new midterm plan to boost sales and launch 30 new models, half of which will be electrified or hybrid....
April 24, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Microsoft Corp
Microsoft hires DeepMind co-founder Mustafa Suleyman to run new consumer AI unit
...Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit....
March 19, 2024
Big Tech
UK regulator examines Microsoft and Amazon’s AI dealmaking
...Mistral said it would co-operate with the CMA “to ensure that our long-term independence and access to the market are upheld” and said it was committed to “fostering fair competition, openness and transparency...
April 24, 2024
CVC Capital Partners Ltd
CVC co-founder Donald Mackenzie set to net up to €150mn in IPO
...The public listing of European private equity firm CVC Capital Partners will net one of its co-founders, Donald Mackenzie, a windfall of up to €150mn....
April 22, 2024
Live news: Ukraine pressures draft-age men abroad to join war effort
European stocks close higher as tech groups rebound
...The UK’s blue-chip index climbed to a new intraday record earlier on Tuesday but retreated after Bank of England chief economist Huw Pill warned against cutting interest rates too soon....
April 23, 2024
Electric vehicles
Honda and Nissan to join forces to survive electric vehicle race
...Carmakers from America to Europe to Asia are already facing rising costs from new technology development and tougher emissions rules, while also struggling to develop cheap electric vehicles that they can...
March 15, 2024
Live news: Scottish power-sharing deal collapses over scrapped climate targets
European stocks dragged down by tech after Meta disappoints
...Contracts tracking the benchmark S&P 500 and the tech-heavy Nasdaq Composite were down 0.7 per cent and 1.3 per cent, respectively, ahead of the New York trading session....
April 25, 2024
Donald Trump
Donald Trump trial opens with allegations he tried to ‘corrupt’ 2016 US election
...“This was a planned, co-ordinated, long-running conspiracy . . . to help Donald Trump get elected through illegal expenditures,” he said. “It was election fraud, pure and simple.”...
April 22, 2024
Live news: Ukraine pressures draft-age men abroad to join war effort
US stocks tick up as traders look ahead to Big Tech results
...The benchmark S&P 500 was up 0.4 per cent shortly after the opening bell in New York while the tech-heavy Nasdaq Composite added 0.5 per cent....
April 23, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
US stocks poised to reverse losing streak in big week for tech earnings
...Wall Street’s benchmark S&P 500 was up 0.5 per cent shortly after the opening bell in New York. The tech-heavy Nasdaq Composite rose 0.9 per cent....
April 22, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Apple Inc
Apple tops Samsung as world’s largest smartphone maker by volume
...As smartphone technology matures and new features become more incremental, consumers are upgrading their everyday devices less frequently than they used to....
January 16, 2024
Inside BusinessRichard Waters
Meta’s gamble on chatbots opens new wave of tech competition
...Meta’s new pursuit of AI agents as providing the key to the next era of online activity has brought head-on competition between the biggest tech companies a step closer....
April 25, 2024
The Big Read
The ambitions of China’s BYD stretch well beyond electric vehicles
...The Chinese car market has become hyper-competitive with a slowing economy, a price war and new, low-cost cars launched by tech conglomerates Huawei and Xiaomi....
April 25, 2024
Artificial intelligence
AI could kill off most call centres, says Tata Consultancy Services head
...On overall IT services spending by customers, Krithivasan said inflation, war and upcoming elections were driving “uncertainty”, putting off businesses in key markets from investing in new tech projects....
April 25, 2024
News in-depthSemiconductors
US missing pieces of AI chip puzzle despite TSMC’s $65bn bet
...Taiwan Semiconductor Manufacturing Company’s decision to bring its latest technology to America is a big step forward for US President Joe Biden’s quest for security in the vital tech supply chain — but...
April 11, 2024
Live news: Russia court orders seizure of $440mn from JPMorgan
UK competition watchdog steps up scrutiny of Big Tech tie-ins with AI start-ups
...The UK competition regulator has taken the first steps towards three new probes into tie-ups between Big Tech companies and artificial intelligence start-ups, after the watchdog expressed concern about dealmaking...
April 24, 2024
African economy
Africa-focused fund draws early investors to tech industry
...TLcom, which seeks out early-stage companies, plans to invest chunks of up to $3mn in its second fund. The investment comes as the tech industry around the world has suffered a downturn in funding....
April 22, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
April 10, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Its shares have fallen about 5 per cent this year at a time when most of its Big Tech rivals have reported double-digit percentage stock gains....
April 15, 2024
Artificial intelligence
Trust in AI to fix Japan’s worker shortage, says top recruiter
...Jobseekers were 55 per cent more likely to apply to an AI-recommended job than to a post found in search results, he added....
March 18, 2024

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