BUSINES

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s commerce secretary touted Elon Musk’s Starlink to federal officials in charge of a $42bn rural broadband programme, raising new questions about the billionaire White House adviser’s conflicts of interest. In a … Read more

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Social media site X’s valuation has soared back to $44bn, underscoring the sharp turnaround in the company’s fortunes since its owner Elon Musk assumed the role of staunch ally to President Donald Trump. … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Retaliation seemed certain. When the US tightened its grip on advanced artificial intelligence technologies in January — blocking China’s access to advanced AI chips and locking proprietary models behind trade barriers — the response appeared … Read more

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Two Democratic members of the US Federal Trade Commission said they were “illegally fired” by Donald Trump, in the president’s latest broadside against independent federal agencies.  Rebecca Kelly Slaughter and Alvaro Bedoya — … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has unveiled the next generation of its artificial intelligence chips, marking a bet that the arrival of “reasoning” AI systems such as DeepSeek will spur even greater demand for computing power. Jensen Huang, Nvidia’s … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Semiconductor materials group JX Advanced Metals rose on its first day of trading — in a litmus test of investor appetite for chip-related stocks — after raising $3bn in Japan’s biggest IPO in almost seven … Read more

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. The concentration of carbon dioxide in the atmosphere is at its highest point in 800,000 years, according to UN research that found 2024 was likely to have been the hottest year on record and the … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For a company that made its fortune dishing up answers, Google is surprisingly coy when the questions relate to its own finances. The search-engine giant is paying $32bn to acquire cyber security company Wiz, reanimating … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet has agreed to pay a 10 per cent break fee if its planned $32bn acquisition of cyber security start-up Wiz collapses, said people familiar with the matter, a signal the deal is likely to … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deezer has hailed a “milestone” in its development after France’s answer to Spotify broke even on a cash flow basis for the first time since it was founded almost two decades ago. In results reported … Read more