News from Financial Times

Musk wins investor lawsuit over Tesla ‘funding secured’ tweet

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Financial Times 1 place · 02/03/2023 19:23 EDT

Verdict is a victory for billionaire chief executive of electric-vehicle maker Read more ›

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Jury in trial over Musk’s Tesla ‘funding secured’ tweet begins deliberating

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Financial Times 1 place · 02/03/2023 16:02 EDT

Electric-car maker’s chief was present in court for conclusion of three-week trial in San Francisco Read more ›

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Australian battery group selected as preferred bidder for Britishvolt

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Financial Times 2 place · 02/03/2023 14:41 EDT

Recharge Industries beats three rival offers in race to buy UK start-up out of bankruptcy Read more ›

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Activision Blizzard pays $35mn SEC settlement over workplace complaints

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Financial Times 2 place · 02/03/2023 11:01 EDT

US regulator says video game group did not properly collect and address allegations of harassment and discrimination Read more ›

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Google invests $300mn in AI start-up Anthropic

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Financial Times 1 place · 02/03/2023 10:54 EDT

Cash-for-computing deal shows how large tech groups are investing in companies at the vanguard of generative AI Read more ›

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Big Tech ventures into AI’s uncharted territory

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Financial Times · 02/03/2023 09:00 EDT

Who wants to wait and think about potential downsides if it means missing the chance to create a billion-dollar company? Read more ›

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Big Tech groups disclose $10bn in charges from job culls and cost cuts

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Financial Times 3 place · 02/03/2023 07:07 EDT

Amazon, Meta, Alphabet and Microsoft reveal the hefty price tag as they rein in spending Read more ›

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Big Tech: Powell has put pep back in their step

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Financial Times · 02/03/2023 04:57 EDT

Investors should note that redundancies and a bounce related to monetary policy are one-off phenomena Read more ›

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$5tn of ‘meh’ earnings

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Financial Times · 02/03/2023 01:30 EDT

Big tech’s slower growth is fine, if it’s temporary Read more ›

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Broadcom chief Hock Tan seeks more acquisitions after $69bn VMware deal

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Financial Times · 02/03/2023 00:00 EDT

Dealmaker targets semiconductor and software companies after signing on for five more years as chief Read more ›

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Apple posts first revenue fall in three and a half years

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Financial Times · 02/02/2023 20:04 EDT

Sales of iPhone hit by Covid supply chain disruptions in China but company avoids mass lay-offs Read more ›

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Google’s advertising sales fall in sharper than expected slowdown

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Financial Times · 02/02/2023 19:13 EDT

Results likely to intensify Wall Street’s scrutiny of parent Alphabet’s costs Read more ›

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MPs criticise government over semiconductor strategy delay

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Financial Times · 02/02/2023 19:01 EDT

Committee warns UK risks falling behind other countries in the race to develop cutting-edge chips Read more ›

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Bangladesh smartphone keyboard sparks political controversy

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Financial Times · 02/02/2023 18:00 EDT

Telecoms minister says order to use his company’s software amounts to ‘no wrongdoing’ Read more ›

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Meta shares soar on resilient revenue and $40bn in buybacks

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Financial Times · 02/02/2023 17:39 EDT

Mark Zuckerberg promises ‘year of efficiency’ as parent of Facebook, Instagram and WhatsApp looks to contain costs Read more ›

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Google’s advertising sales fall in sharper than expected slowdown

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Financial Times · 02/02/2023 16:58 EDT

Revenue growth at parent Alphabet in fourth quarter was only 1 per cent compared to the 32 per cent surge the year before Read more ›

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Apple’s revenue growth streak snapped after supply chain woes

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Financial Times · 02/02/2023 16:31 EDT

iPhone sales fell more than expected during holiday quarter as tech group grappled with ‘significant’ disruptions in China Read more ›

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Meta shares soar on resilient revenue and $40bn in buybacks

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Financial Times · 02/02/2023 09:34 EDT

Mark Zuckerberg promises ‘year of efficiency’ as parent of Facebook, Instagram and WhatsApp looks to contain costs Read more ›

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Meta: taking spending back to reality

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Financial Times · 02/02/2023 05:07 EDT

Mark Zuckerberg needs to rethink his spending on the metaverse Read more ›

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Sony ‘obsessed with growth’ as new president appointed

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Financial Times · 02/02/2023 05:07 EDT

Finance chief Totoki’s promotion makes him natural successor to Yoshida as chief of media and tech conglomerate Read more ›

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