News from Financial Times

Arm prices shares at $51 apiece ahead of IPO

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Financial Times · 09/14/2023 06:28 EDT

Move values UK chip designer at more than $52bn as it prepares to begin trading on Thursday Read more ›

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MGM casinos’ cyber attack blamed on western hacking group

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Financial Times · 09/14/2023 01:02 EDT

Breach that caused chaos for hotel and resorts operator attributed to ransom-seeking ‘Scattered Spider’ gang Read more ›

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UK start-up Wayve unveils self-driving system that explains its actions

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Financial Times · 09/14/2023 00:00 EDT

Company says use of AI gives vehicle owners more confidence in the technology but accepts model needs ‘more training’ Read more ›

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SoftBank’s Son faces fresh scrutiny over his visionary status

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Financial Times · 09/14/2023 00:00 EDT

The Arm IPO has intensified questions over the founder’s future strategy as well as his record as a dealmaker Read more ›

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Arm shares expected to price above initial IPO range ahead of debut

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Financial Times · 09/13/2023 15:08 EDT

SoftBank-backed UK chipmaker is expected to begin trading Thursday on the Nasdaq exchange Read more ›

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Creditors claim Byju’s sent $500mn to fund registered at pancake house

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Financial Times · 09/13/2023 12:40 EDT

Legal filings allege Indian edtech company transferred the money to conceal its whereabouts Read more ›

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Software groups dismiss price premium for generative AI

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Financial Times · 09/13/2023 10:47 EDT

Adobe, Salesforce and Zoom have for now ruled out following Microsoft’s lead despite extra costs Read more ›

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China warns over reports of iPhone-related ‘security incidents’

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Financial Times 2 place · 09/13/2023 08:31 EDT

Beijing says foreign phones not banned but producers should ‘strictly adhere’ to domestic laws Read more ›

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Apple/iPhone: Pro model will add bite to sales in China

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Financial Times 2 place · 09/13/2023 06:38 EDT

The latest smartphone’s power should keep geopolitical threats and rivals at bay Read more ›

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The Broadway producer orchestrating SoftBank’s Arm IPO

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Financial Times · 09/13/2023 00:00 EDT

Tech-focused boutique bank Raine Group has had a long and lucrative relationship with SoftBank founder Masayoshi Son Read more ›

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Alexandr Wang: US technologists should help preserve US military and economic leadership

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Financial Times · 09/13/2023 00:00 EDT

Scale AI’s co-founder wants America to grasp AI’s potential to transform warfare before geopolitical rivals do Read more ›

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Accra provides lessons on how to run an AI start-up

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Financial Times 1 place · 09/13/2023 00:00 EDT

Scepticism towards artificial intelligence is to be expected but young Africans increasingly realise that can be overcome Read more ›

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The global race to set the rules for AI

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Financial Times · 09/13/2023 00:00 EDT

The industry and policymakers agree that the emerging technology needs regulating. But no one is quite sure how Read more ›

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Apple unveils iPhone 15 as it tries to lure consumers into upgrading

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Financial Times · 09/12/2023 15:41 EDT

Devices feature improved cameras and universal chargers with priciest model starting at $1,199 Read more ›

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US says Google pays more than $10bn a year to maintain search dominance

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Financial Times · 09/12/2023 13:48 EDT

High-stakes antitrust trial begins as US enforcers look to rein in Big Tech’s power Read more ›

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Trial set to begin in Google search dominance case

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Financial Times 3 place · 09/12/2023 06:00 EDT

US government faces high-stakes antitrust showdown as it looks to rein in Big Tech’s power Read more ›

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Qualcomm strikes new Apple deal on 5G chips

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Financial Times 2 place · 09/11/2023 11:37 EDT

Extension of supply signals that the Big Tech group is still unable to perfect the technology in-house Read more ›

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Strong demand pushes Arm to close IPO order book early

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Financial Times 2 place · 09/11/2023 11:10 EDT

Pricing could land towards the top end of the initial range of $47-$51 a share Read more ›

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Ransomware thrives as cyber security remains lax, says UK report

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Financial Times 1 place · 09/11/2023 11:03 EDT

Multibillion-dollar cybercriminals have developed specialised areas while businesses have been slow to keep pace Read more ›

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Instacart’s cut-price IPO to test Wall St appetite for new tech listings

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Financial Times 2 place · 09/11/2023 07:35 EDT

Stock market debut values US grocery delivery company at less than a quarter of 2021 price Read more ›

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