Builder.ai ‘Chief Wizard’ Sachin Dev Duggal made $20mn in share sales

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sachin Dev Duggal, the founder and former chief executive of the collapsed Microsoft-backed tech start-up Builder.ai, made at least $20mn through selling shares in the business. The self-described “chief wizard” of the software company, which … Read more

Brazil supreme court rules digital platforms are liable for users’ posts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazil’s supreme court has ruled that social media platforms can be held legally responsible for users’ posts, in a decision that tightens regulation on technology giants in the country. Companies such as Facebook, TikTok and … Read more

Big accounting firms fail to track AI impact on audit quality, says regulator

Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. The six largest UK accounting firms do not formally monitor how automated tools and artificial intelligence impact the quality of their audits, the regulator has found, even as the technology becomes embedded across the sector. The … Read more