Can the financial sector cope with a changing climate?
When Hurricane Francine slammed into Kee Kee Julien-Judson’s southern Louisiana home in September, the real estate agent was already financially underwater from the damage caused by Ida, the tropical storm that hit three years earlier. The day after Ida had hit, with water still streaming into her house, she had driven several miles to get … Read more
Apple referred to criminal prosecutor for ‘thwarting’ order to change App Store
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has been referred to a criminal prosecutor by a federal judge who found the tech giant “thwarted” her legal order to change its US App Store rules. The judge in California ruled on Wednesday … Read more
Tony Blair sought to advise Brazilian climate summit despite net zero criticisms
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Tony Blair’s consultancy offered to advise Brazil’s COP30 climate summit but was knocked back, before the former UK prime minister this week dismissed the UN climate negotiations as lacking the “heft to drive action … Read more
Judge allows Elon Musk’s lawsuit against OpenAI to move forward
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s lawsuit against OpenAI and chief executive Sam Altman has taken a significant step towards trial after a California judge rejected the ChatGPT maker’s attempt to dismiss the case. The ruling keeps the two … Read more
Meta beats expectations and boosts spending as it shrugs off tariff impact
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta has reported better than forecast results and boosted spending as it steps up its push to lead in artificial intelligence, shrugging off Wall Street fears over a US-China trade war and economic uncertainty. Revenues … Read more
Amazon warns on trade war hit as profit outlook misses forecasts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon warned of the impact of Donald Trump’s global trade war as it issued weaker than expected guidance for the second quarter, sending shares of the ecommerce giant sliding. In financial guidance on Thursday, the … Read more
Apple posts brisk sales growth even as China business cools
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple unveiled robust revenue growth on Thursday as the company braces itself for a tumultuous few months of navigating the fallout from President Donald Trump’s tariff war with China. The company reported revenue of $95.4bn … Read more
The diverging future of AI
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Does the future belong to a handful of all-powerful, wide-ranging artificial intelligence agents that navigate the world on our behalf — successors to the ChatGPTs, Claudes and Groks that seek to handle almost any task … Read more
Harrods is latest UK retailer to suffer cyber attack
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Luxury department store Harrods has been targeted by cyber criminals, becoming the latest major UK retailer to fall victim to hackers in a matter of days. The Qatar-owned retailer said on Thursday its IT security … Read more