Stay informed with free updates Simply sign up to the US companies myFT Digest — delivered directly to your inbox. Google’s hopes of overturning a record EU competition fine were dealt a severe blow on Thursday, after an adviser to Europe’s top court agreed with Brussels regulators that the tech giant had used its Android … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has launched a new drive to bring freethinking innovators into the heart of Whitehall, echoing efforts by the arch-disrupter Dominic Cummings to hire “weirdos and misfits” to redesign government. Salaries of up … Read more
The UK’s financial services sector is one of the largest among developed nations in terms of the contribution it makes to national economic output. Recent data shows that it contributes more than £200bn annually to the UK economy, coughs up £80bn in tax, or £110bn if you include linked professional services, and runs healthy trade … Read more
Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. The writer is former editor-in-chief of Wired magazine and writes Futurepolis, a newsletter on the future of democracy Even by Silicon Valley’s historically rarefied standards, Big AI is spending stratospheric amounts on talent this year. … Read more
Before Emily Bender and I have looked at a menu, she has dismissed artificial intelligence chatbots as “plagiarism machines” and “synthetic text extruders”. Soon after the food arrives, the professor of linguistics adds that the vaunted large language models (LLMs) that underpin them are “born shitty”. Since OpenAI launched its wildly popular ChatGPT chatbot in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s biggest steel producer has abandoned plans to convert two German steel plants to green production and warned that it could also close a flagship biofuels plant in Belgium in a blow to Europe’s plans … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s grocery watchdog has launched an investigation into whether Amazon has been delaying payments to food suppliers after preliminary “evidence” was brought to its attention. The Groceries Code Adjudicator, which helps ensure the UK’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China and Russia are posing similar cyber threats to Europe, according to the Czech president whose government was recently targeted by a hacker group linked to Beijing’s security services. President Petr Pavel told the Financial … Read more
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. The BBC is threatening legal action against artificial intelligence search engine Perplexity, in its first effort to clamp down on tech groups scraping its vast troves of content to develop the cutting-edge technology. In a letter … Read more
The current heatwave, which has pushed temperatures above 30C, was 10 times more likely because of climate change, according to research released as an amber health warning was issued across England. Temperatures are forecast to reach up to 34C on Saturday after hitting 32.2C at Kew Gardens in London on Thursday afternoon, making it the … Read more