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

Warner Bros Discovery ‘fumbling through disruption’ as cable TV struggles

Just three years ago, media chief David Zaslav pulled off the deal of his life: combining his much smaller television company Discovery with HBO-owner Warner Bros in a $43bn merger that he described as a “rendezvous with destiny”.  On Monday, Zaslav, in effect, unwound that deal by splitting Warner Bros Discovery into two companies facing … Read more