News from Financial Times

Uber chief unlocks $136mn in shares after topping $120bn valuation

Add to bookmarks Don't show Financial Times

Financial Times 3 place · 02/29/2024 00:00 EDT

Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO Read more ›

84

UK government to trial ‘red box’ AI tools to improve ministerial efficiency

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 18:00 EDT

Initiative is part of Rishi Sunak’s drive to boost Whitehall productivity through technology Read more ›

23

Universal Music impasse with TikTok leads to ‘murder on the dance floor’

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 17:01 EDT

Talks stumble over money, copyrights and AI as more tracks disappear from social media platform Read more ›

1

Stripe reaches $65bn valuation in deal to let employees cash out stock

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 14:14 EDT

Payments company’s value is 30% higher than last year but is still well below its 2021 peak Read more ›

0

The environmental cost of AI

Add to bookmarks Don't show Financial Times

Financial Times 3 place · 02/28/2024 13:29 EDT

Data centres are becoming some of the biggest consumers of power and water Read more ›

54

Just Eat Takeaway books €1.5bn impairment charge as acquisition costs bite

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 10:05 EDT

Full-year earnings come in above online food delivery company’s guidance Read more ›

18

Apple parks its electric car project in sign of EV industry’s struggles

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 09:22 EDT

Tech giant pulls plug on ‘Project Titan’ to fund a multibillion-dollar bet on generative artificial intelligence Read more ›

36

Sequoia China founder Neil Shen took Singapore residency

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 09:09 EDT

Companies backed by tech investor’s HongShan group subsequently expanded in city-state Read more ›

8

Amazon to invest in start-ups that combine AI with robotics

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 06:00 EDT

Franziska Bossart, head of ecommerce giant’s $1bn innovation fund, vows to increase deals aimed at automating retail network Read more ›

10

Klarna reports annual loss ahead of possible listing

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 03:20 EDT

Revenues at Swedish fintech climb as group sticks to expansion plan Read more ›

0

Klarna loss narrows as it pushes ahead with expansion plan

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 02:32 EDT

Revenues at Swedish fintech up 22% in 2022 Read more ›

2

Neil Shen took Singapore residency as US-China tensions rose

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 00:00 EDT

Companies backed by tech investor’s HongShan group subsequently expanded in city-state Read more ›

0

Keily Blair, OnlyFans: ‘We are an incredible UK tech success story’

Add to bookmarks Don't show Financial Times

Financial Times · 02/28/2024 00:00 EDT

The platform’s boss is proud of its adult-content creators — and dismissive of banks that shun them Read more ›

0

Apple cancels secretive electric car project in shift to focus on AI

Add to bookmarks Don't show Financial Times

Financial Times 3 place · 02/27/2024 16:16 EDT

Company ends decade-long research effort as electric vehicle industry loses momentum Read more ›

123

Amazon lobbyists to be barred from European parliament

Add to bookmarks Don't show Financial Times

Financial Times · 02/27/2024 15:42 EDT

Move comes after pressure from activist groups over transparency and working conditions at ecommerce group Read more ›

32

‘Sell Apple’

Add to bookmarks Don't show Financial Times

Financial Times · 02/27/2024 13:20 EDT

To justify its current valuation, everyone everywhere needs to spend $800 a year on Apple products, says UBS Read more ›

84

Big Tech’s jumbled AI portfolios tell a story of self-preservation

Add to bookmarks Don't show Financial Times

Financial Times · 02/27/2024 08:44 EDT

More recent deals can be summarised as attempts to ensure Microsoft and OpenAI do not control distribution of generative AI Read more ›

24

Shein considers London listing if US IPO blocked over ties to China

Add to bookmarks Don't show Financial Times

Financial Times · 02/27/2024 08:33 EDT

Online fast-fashion group considers UK as back-up plan, following scrutiny by American regulators and politicians Read more ›

0

Large Apple shareholders seek AI disclosures

Add to bookmarks Don't show Financial Times

Financial Times · 02/27/2024 07:00 EDT

Norway’s wealth fund and LGIM back resolution asking iPhone maker to outline risks associated with artificial intelligence Read more ›

59

There must be more to the news than the death of an owl

Add to bookmarks Don't show Financial Times

Financial Times · 02/27/2024 00:00 EDT

Quirky stories to engage readers are one thing but we shouldn’t be able to hide from the real world entirely Read more ›

22