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TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...This is the first time in the streaming era that Universal has gone as far as removing its music from a tech company’s platform....
February 28, 2024
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
March 3, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Apple Inc
Independent record labels push back on Apple’s pay plans
...“It’s going to benefit the biggest player, Universal, because they’re the ones with the resources to invest in that....
February 2, 2024
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...Many of the businesses now underwrite their own debt deals, lending either directly to companies or against a host of assets....
April 11, 2024
Chinese society
Netflix adaptation of sci-fi novel ‘The Three-Body Problem’ sparks anger in China
...Peyton added: “That’s where Liu’s originality lies, in its looking beyond China’s own borders to universal themes.”...
March 29, 2024
Artificial intelligence
Google and Universal Music negotiate deal over AI ‘deepfakes’
...For Google, creating a music product could help the company compete with rivals such as Microsoft, which has invested $10bn in leading AI company OpenAI, owner of the market-leading AI model known as GPT...
August 8, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Tokio Marine Holdings Inc
Tokio Marine warns on insurers backing away from climate risks
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
November 28, 2023
Taylor Swift
Taylor Swift’s return to TikTok puts her at odds with Universal
...Universal Music is the largest record company, controlling about a third of the world’s music....
April 11, 2024
TikTok Inc
Universal Music set to pull songs from TikTok after negotiations break down
...Universal on Tuesday accused TikTok of “bullying” and said the company wanted to pay a “fraction” of the rate that other social media sites pay for access to its music catalogue....
January 31, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
April 18, 2024
NBC Universal Inc
NBC cuts ties with former Republican party chair McDaniel after backlash
...The controversy speaks to the challenge news companies face in covering Trump and those affiliated with him, as the former president continues to question the 2020 election results and air his resentment...
March 26, 2024
Mergers & Acquisitions
Cigna and Humana in deal talks to create US health insurance giant
...Both companies have previously had deals blocked....
November 29, 2023
Mergers & Acquisitions
Cigna pulls out of blockbuster deal to create insurance giant with Humana
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
December 10, 2023
US banks
US banking profits plunged 45% in final months of 2023
...The country’s largest banks expensed $16bn to cover the government-imposed “special assessment”, which replenished a deposit insurance fund that was heavily depleted by the failures of Silicon Valley Bank...
February 10, 2024
Baring Asset Management Ltd
Barings sues Nomura-backed private credit firm over ‘one of largest corporate raids’ in years
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
March 18, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Markets InsightDavid Bholat
Britcoin needs a bolder vision
...Thus, the usefulness of CBDCs for safely holding balances beyond deposit insurance limits is ruled out by construction....
February 21, 2024
New York Community Bank
Number of weak US banks jumps as NYCB stabilised on $1bn capital raise
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
March 8, 2024
Special ReportNorth America Innovative Lawyers
Standout examples of in-house lawyers’ work
Case studies in best practice among general counsel and company legal teams in North America
December 5, 2023
Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
February 24, 2024
Apple Inc
Apple moves to simplify messaging between iPhones and Androids
...“Later next year, we will be adding support for RCS Universal Profile, the standard as currently published by the GSM Association,” Apple said in a statement on Thursday....
November 16, 2023
Unhedged
Inflation is not going quietly Premium content
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
April 11, 2024
The Big Read
How unions are fighting a boardroom battle at Starbucks
...Starbucks is famed for offering its workers the kind of benefits that are often out of reach for low-income employees in the service industry, such as college tuition, generous health insurance and stock...
January 24, 2024
John Gapper
Convenience stores should make more of themselves
...There is a universal need for local stores and community services, and too few people who will work on basic wages to provide them....
February 16, 2024
Inside BusinessKana Inagaki
Dai-ichi Life’s unsolicited bid marks milestone for Japan M&A
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
December 13, 2023
FT Alphaville
Caution: Lyft out of order
...Lyft’s insurance cost per trip is about $2.43, or 50 cents per mile....
February 14, 2024

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