US says Chinese firm is helping Houthis target American warships

A Chinese satellite company linked to the country’s military is supplying Iran-backed Houthi rebels in Yemen with imagery to target US warships and international vessels in the Red Sea, according to American officials. The Trump administration has repeatedly warned Beijing that Chang Guang Satellite Technology Co Ltd, a commercial group with ties to the People’s … Read more

TSMC’s new shape and two weeks of tariff trauma

Hi from Taipei, everyone! This is Cheng Ting-Fang, your TechAsia host for this week. It’s been a roller-coaster two weeks for many supply chain executives and managers, with the world’s two largest economies slapping tariffs of 125 per cent or more on each other and the US threatening “reciprocal” tariffs on most of its trading … Read more

Nvidia chief Jensen Huang flies to Beijing for talks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia chief executive Jensen Huang visited Beijing on Thursday after new curbs from Washington on the US chipmaker’s China sales sent its shares tumbling. According to two people familiar with his travel schedule, Huang met … Read more

TSMC denies chip tie-up in prospect with struggling Intel

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwan Semiconductor Manufacturing Company (TSMC), the world’s biggest chipmaker, has dismissed reports of a tie-up with its ailing US rival Intel, in its first public comment on an idea pushed by Trump administration officials. TSMC … Read more

Three ideas to energise British tech

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two disputatious tribes are currently arguing about the outlook for UK tech: call them the Fullies and the Empties, depending on whether they view a glass as half-full or half-empty. Fullies see massive potential for … Read more

Lyft buys European taxi app FreeNow in €175mn deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lyft, Uber’s biggest US rival, is expanding its ride-hailing business across the Atlantic for the first time with the €175mn acquisition of European taxi app FreeNow. The sale of Hamburg-based FreeNow by its current owners … Read more

EU centre-right vows to stick to firewall to defeat Europe’s ‘authoritarian wave’

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Italy’s Giorgia Meloni is meeting Donald Trump at the White House today, … Read more