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InterviewUS financial regulation
US consumer finance watchdog raises alarm over credit card megadeals
...Rohit Chopra, director of the Consumer Financial Protection Bureau, warned about the effects of large deals on competition and financial stability....
April 24, 2024
OpenAI
OpenAI courts Hollywood over plans for video generation model Sora
...The model will aim to compete with several available text-to-video services from start-ups, including Runway, Pika, and Stability AI. These other services already offer commercial uses for content....
March 29, 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
Google and prominent telecom groups urge Brussels to act over Apple’s iMessage
...industry-leading privacy and security protections....
November 8, 2023
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
April 19, 2024
Internet privacy
Edtech companies breaking UK data laws, privacy campaigners claim
...The two companies have opaque privacy terms that are inconsistent with UK data protection law and confusing to teachers, it argued....
August 31, 2022
Artificial intelligence
Cloud giants offer only limited protection to businesses over AI copyright claims
...the technology.Amazon, Microsoft and Google are competing to offer new services such as virtual assistants and chatbots as part of a multibillion-dollar bet on generative AI — systems that can spew out...
January 8, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Disrupted Times
Brussels blasts Big Tech
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
March 25, 2024
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...Research by the Consumer Financial Protection Bureau showed that more than 80 per cent of the market for credit cards is controlled by 10 of the 4,000 banks that offer them, including Capital One and Discover...
February 22, 2024
Celsius Network
EquitiesFirst revealed as mysterious debtor to troubled crypto firm Celsius
...Celsius froze customer withdrawals last month after suffering a run on its deposits and filed for bankruptcy protection earlier this week....
July 15, 2022
Google LLC
Google adverts appear on sanctioned sites, according to report
...Adverts from the FBI, US Secret Service and the US Treasury were found on a Russian and an Iranian sanctioned website, for example....
November 28, 2023
EU tech regulation
Google releases chatbot in Europe after addressing privacy concerns
...As OpenAI does not yet have an EU-based headquarters, individual countries can look at whether the company complies with data protection rules....
July 13, 2023
Mark Malloch-Brown
The UN can no longer protect human rights by itself
...The writer is president of the Open Society Foundations and a former deputy secretary-general of the United Nations In 1948, 75 years ago this month, the UN General Assembly adopted the Universal Declaration...
December 27, 2023
The Big Read
How the UK is falling behind on tackling child poverty
...De Schutter, the UN Rapporteur, says the “single most important” investment would be to remove the two-child benefit cap, adding that universal credit, the UK’s main monthly benefit payment for low-income...
March 17, 2024
Working It
‘Five days? No way’: The great office stand-off
...Implication: Can be positive: “In so doing, you will probably receive faster service and help your customers quicker.”...
August 9, 2023
Indian economy
India to expand digital payments with AI-powered voice transactions
...New Delhi last week passed a landmark personal data security bill, though critics said its privacy protections did not go far enough....
August 20, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Bryce Elder
Muzak is getting an AI upgrade. This time, let’s try to appreciate it more
...Music streaming services have shown how much we want familiarity and invite repetition, inventing a whole new asset class along the way....
November 17, 2023
Nikhil Rathi
FCA chief: Many questions remain around ‘debanking’
...Who should bear the costs if we move to an effective universal service obligation?...
September 19, 2023
Streaming services
Fourteen reasons why AI pop won’t eat itself
...• AI cannot copy / replicate (given copyright protections) or replace the catalogue which is >70% of listening in developed markets (and its share continues to grow)....
April 17, 2023
Sarah O'Connor
Why don’t people leave bad jobs?
...Any change in income can change the amount of universal credit coming in, sometimes in unpredictable ways....
September 19, 2023
FirstFT
FirstFT: Microsoft and Alphabet results show signs of resilience
...Exclusive: Universal Music chief executive Lucian Grainge is under pressure from shareholders over a $100mn pay deal that has been criticised as “excessive”....
April 26, 2023
FirstFT
FirstFT: Rift between Canada and India deepens
...US financial watchdogs are pushing ahead with a crackdown on deceptive fund names, despite industry warnings that it will discourage stock picking, violate free speech protections and force funds to sell...
September 19, 2023
Special ReportAsia-Pacific Innovative Lawyers
Practice of law: best practice in legal work
...This enabled Indonesia to optimise its debt-service levels in the face of volatile markets....
May 5, 2023
Helen Thomas
The UK will need more than words in this cyber war
...The reality may be that a universal level of cyber protection mandated by regulation is needed — given the evidence that many businesses either don’t know what to do or simply aren’t doing it....
April 20, 2023
FT Moral Money Forum
Why nature’s future underpins the future of business
...And while the TNFD’s recommendations for corporate nature reporting have made an impact, they have not received universal acceptance....
November 30, 2023
Private credit
Big debt investors dealt blow in mattress maker bankruptcy ruling
...Serta Simmons had filed for bankruptcy protection in January and had immediately asked the Texas-based court to rule that refinancing was permissible in order to allow it to emerge from bankruptcy later...
March 28, 2023

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