Telefónica plots push into cyber and data centres to clear way for deals

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Telefónica is prepared to invest in data centres and cyber security services in a bid to convince European regulators to approve telecoms mergers, as the Spanish company aims to lead consolidation on the continent. The … Read more

How AI guided Ukraine’s drones to hit Russian airfields

The stunning footage of Russian military airfields obscured by thick plumes of smoke and strategic bombers going up in flames served to demonstrate Ukraine’s resolve and ability to strike targets as far as beyond the Arctic Circle. Kyiv’s daring “Operation Spiderweb” carried out by Ukraine’s security service (SBU) earlier this month against four air bases … Read more

World’s oceans remain near record temperatures as CO₂ levels rise

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. The world’s ocean temperatures reached the second-highest level on record for May, capping an “alarming” two-year streak of rapid warming and fuelling concerns about the seas’ ability to absorb rising levels of carbon dioxide. The … Read more

US chipmaker Qualcomm agrees to buy UK’s Alphawave in $2.4bn deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US semiconductor group Qualcomm has agreed a $2.4bn deal to buy chip designer Alphawave, marking the latest tech company departure from the London market. The companies’ boards said Qualcomm’s cash offer represented a price of … Read more