News from Financial Times

Snap shares plummet as advertising demand slumps

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Financial Times · 07/21/2022 16:36 EDT

Social media company said it will ‘substantially reduce’ hiring and shake up strategy Read more ›

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Snap announces plans to cut back hiring as it posts bleak results

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Financial Times · 07/21/2022 16:13 EDT

Social media company blames tough economic conditions as it posts net losses of $422mn Read more ›

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UK’s first use of law to ban deal the start of ‘stark’ trend, ex-minister warns

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Financial Times · 07/21/2022 14:40 EDT

Jo Johnson says universities need to prepare for ‘geopolitical shock’ after tech-transfer sale to Chinese firm blocked Read more ›

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Big tech hits the pause button on hiring

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Financial Times · 07/21/2022 13:44 EDT

Wall Street on edge as top tier of companies turns cautious on outlook Read more ›

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Amazon to acquire One Medical for $3.9bn

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Financial Times 2 place · 07/21/2022 09:54 EDT

Ecommerce group announces all-cash deal as it continues expansion into healthcare sector Read more ›

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Robotaxis/Baidu: driverless cars are the future in China

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Financial Times · 07/21/2022 07:45 EDT

Vehicles are unlikely to become big profit drivers but search giant has gained a valuable head-start Read more ›

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Big Tech signs up to Indonesia's strict content law

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Financial Times 3 place · 07/21/2022 06:14 EDT

Meta, TikTok and Twitter among groups to register for licences under which authorities can censor platforms Read more ›

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Didi fined over $1bn by Beijing for ‘vile’ breaches of data laws

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Financial Times · 07/21/2022 04:19 EDT

China’s leading ride-hailing app hopes to relist in Hong Kong after botched New York IPO Read more ›

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Display makers dip into chips and a start-up struggles to deliver

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Financial Times · 07/21/2022 03:05 EDT

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times Read more ›

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Didi fined over $1bn by Beijing for ‘vile’ breaches of data laws

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Financial Times · 07/21/2022 02:31 EDT

China’s leading ride-hailing app hopes to relist in Hong Kong after a botched New York IPO Read more ›

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Tesla profits jump despite production turmoil and China shutdowns

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Financial Times 1 place · 07/20/2022 18:46 EDT

Electric carmaker’s gross margin slips from recent record after higher spending on new plants Read more ›

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Netflix and streaming runs out of steam

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Financial Times · 07/20/2022 15:34 EDT

ASML record orders, London tech listing blow, Sequoia China’s success Read more ›

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Cambridge biotech Abcam to abandon London listing for Nasdaq

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Financial Times · 07/20/2022 13:48 EDT

Further blow to UK stock market comes despite government’s efforts to promote life sciences Read more ›

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In Twitter vs Musk, the just outcome would be out of court

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Financial Times · 07/20/2022 13:47 EDT

The seller-friendly contract contains a nuclear option to force a purchase Read more ›

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ASML pulls in record chipmaking equipment orders as global shortage bites

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Financial Times · 07/20/2022 11:27 EDT

Dutch lithography equipment manufacturer benefits from worldwide demand for computer chips Read more ›

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The Great Netflix Correction: loss of subscribers throws streaming business model into question

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Financial Times 3 place · 07/20/2022 08:49 EDT

Decline triggers anxiety about entertainment sector and sparks sell-off among media stocks Read more ›

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The Lex Newsletter: Arm wrestle highlights struggle for UK tech

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Financial Times · 07/20/2022 07:30 EDT

Britain’s scientific prowess contrasts with its poor record at commercialising breakthroughs Read more ›

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Netflix: running up that hill in search of new subscribers

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Financial Times · 07/20/2022 04:52 EDT

Streaming group’s ability to drive the social conversation should not be underestimated Read more ›

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ASML pulls in record chipmaking equipment orders as global shortage bites

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Financial Times · 07/20/2022 04:52 EDT

Dutch lithography equipment manufacturer benefits from worldwide demand for computer chips Read more ›

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The colourful Rocket man behind Donald Trump’s stalled stock debut

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Financial Times · 07/20/2022 00:00 EDT

Prosecutors investigate links between Michael Shvartsman’s ‘venture capital firm’ and ex-US president’s media business Read more ›

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