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OpenAI
OpenAI on track to hit $2bn revenue milestone as growth rockets
...The San Francisco-based start-up’s yearly run rate — a measure of the previous month’s revenue multiplied by 12 — hit the $2bn milestone in December 2023, according to two people with knowledge of its finances...
February 9, 2024
News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...Its website suggests TikTok’s headquarters are in Los Angeles and Singapore, with no offices in China, and that decisions are not made in Beijing....
April 25, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthVenezuela
Hedge fund manager arranged Boris Johnson’s trip to meet Venezuela’s Maduro
...However, a senior Foreign Office source said Johnson was “doing his own thing”....
March 15, 2024
Amazon.com
Amazon to invest in start-ups that combine AI with robotics
...Microsoft has committed up to $13bn to OpenAI, incorporating the ChatGPT-maker’s technology into its Office suite of productivity apps and Bing search engine....
February 28, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Judge in DoJ lawsuit against Apple recuses himself
...The justice department and a group of state and district attorneys-general filed the landmark case against Apple last month, accusing the tech company of abusing a smartphone monopoly....
April 10, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Judge in DoJ lawsuit against Apple recuses himself
...The justice department and a group of state and district attorneys-general filed the landmark case against Apple last month, accusing the tech company of abusing a smartphone monopoly....
April 10, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
US accuses Apple of building a smartphone market monopoly
...The landmark lawsuit filed on Thursday by the US Department of Justice, along with 16 state and district attorneys, accuses the group of imposing contractual limitations on developers while making it more...
March 21, 2024
San Francisco 49ers
San Francisco 49ers hope to spin Super Bowl run into financial gold
...He has devoted himself to the 49ers while also dabbling in another storied San Francisco industry: venture capital....
February 11, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...A judge blocked it hours before it was to take effect, and Biden rescinded Trump’s order when he took office....
April 24, 2024
Elaine Moore
San Francisco’s clean up should spur new city solutions
...In 2022, there were 887 people without homes per 100,000 residents, according to a report by the City & County Of San Francisco Office of the Controller City Performance Unit....
November 27, 2023
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024
Shopping and gifts
Cult Shop: Evan Kinori, a utilitarian menswear mecca in San Francisco
...“The whole thing has been built around the evolution of my personal style,” says Evan Kinori of his menswear label and store in San Francisco’s Mission District....
September 16, 2023
LexSan Francisco
San Francisco: office vacancy rates track crime hotspots Premium content
...Homeless encampments have spread across the central district and drug overdoses are rising. Close to one-third of the city’s office space now sits empty....
August 21, 2023
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...’s group is the largest outside investor, with a 14 per cent stake, in Beijing Xindun Times Technology, or Trusfort, which provides cyber security solutions to several state-owned groups and government offices...
April 24, 2024
Venture capital investment
Social Capital sacks two partners over ‘situation’ involving AI investment
...He slimmed it down in 2017 after a series of high-profile exits, effectively turning it into a family office....
March 12, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Commercial property
Office loans ‘living on borrowed time’
...Central business districts of some cities like as Seattle, Los Angeles, and San Francisco, where distressed sales represent a large share of transaction volume, have seen average office sales prices fall...
March 20, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
Elaine Moore
Chat apps have conquered office life — is that a good thing?
...On the first day, I was introduced to the Financial Times San Francisco bureau’s rapid-fire Slack conversations....
March 15, 2024
The FT ViewThe editorial board
The painful reset in commercial real estate
...Economic activity in some city centres, such as San Francisco — which has a concentration of tech workers — risks being hollowed out. Urban authorities are not powerless....
February 15, 2024
Joy Lo Dico
Can a city really ‘die’?
...“San Francisco died, again” was the deadpan headline for an article in SF Gate, the city’s news website, last month....
September 19, 2023
Elon Musk
Brazil threatens to regulate social media after clash with Elon Musk
...police investigation in February, which has alleged that Bolsonaro, in conjunction with several military officers, considered an armed intervention to prevent President Luiz Inácio Lula da Silva from taking office...
April 7, 2024
Microsoft Corp
Microsoft hires DeepMind co-founder Suleyman to run consumer AI unit
...It has been rolling out an AI assistant in its products such as Windows, Office software and cyber security tools....
March 19, 2024
US-China relations
Joe Biden to press Xi Jinping on reopening military communications at San Francisco summit
...The White House on Friday said Biden and Xi would meet in the San Francisco Bay area on Wednesday before they attend Apec....
November 10, 2023
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...There is also the prospect that Joe Biden — and by extension his zealous antitrust enforcers, including Jonathan Kanter, the DoJ’s assistant attorney-general for antitrust — will be swept out of office in...
March 22, 2024
News updates from November 16: Oil prices hit 4-month low, Wirecard hacker sentenced to 80 months in prison
Joe Biden and Xi Jinping meet in effort to stabilise relations
...Joe Biden and Xi Jinping are holding a high-profile summit in San Francisco on Wednesday in a renewed attempt to stabilise US-China relations after several years of rising tensions and mounting concern about...
November 15, 2023

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