“It’s been a turbulent few months”, admits David Frykman, founding partner of Norrsken VC, one of Europe’s largest venture capital groups. Frykman, whose firm mainly invests in European start-ups, is referring to politics across the Atlantic. On January 20, Donald Trump entered the White House with a promise to “drill, baby, drill”, signing executive orders … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Chinese social media influencer has lost her right to residency in Taiwan after advocating for the country’s annexation by Beijing, as Taipei cracks down on growing propaganda, infiltration and espionage from China. The woman, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Homebuyers in the US go to one agent to find a property, and another to find a mortgage. Rocket Companies wants to do both. This week it struck an all-stock deal to buy Redfin, the … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Federal Communications Commission is creating a national security council to bolster US defences against Chinese cyber attacks and help it stay ahead of China in critical technologies, such as artificial intelligence. Brendan … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel has appointed Lip-Bu Tan as its chief executive, ending a months-long search for a new leader after the troubled US chipmaker’s board ousted Pat Gelsinger in December. Tan, former chief executive of chip design … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US Federal Trade Commission has backtracked on a request to delay the trial in its high-profile case challenging Amazon’s Prime service, rejecting its own lawyer’s claim of resource constraints. An FTC lawyer … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has forged a near-$12bn contract with CoreWeave and will take a stake in the cloud computing provider, boosting the group ahead of its expected $35bn public listing. The ChatGPT maker has signed a five-year … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lego is building up its capability to make its own video games as the world’s largest toymaker invests heavily in developing its own digital play experiences alongside its bricks and mini-figures. The Danish toymaker had … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has reached an agreement to introduce Starlink to India in a tie-up with local telecoms tycoon Sunil Mittal, as the rival billionaires join forces in the battle to bring satellite internet services to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spotify says it paid more than $10bn in royalties to the music industry last year, as it seeks to counter criticism from recording artists that it has failed to share the bounty of the streaming … Read more