Category: Technology & Digitalization

Capture investment opportunities created by megatrends

Zuckerberg and Yaccarino on defensive ahead of online child protection hearing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chief executives of five of the top social media platforms, including Meta’s Mark Zuckerberg and Linda Yaccarino of X, are striking a defensive posture ahead of a Wednesday hearing, where Congress will grill the…
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31 January 2024 0

Introducing: Swamp Notes from The FT News Briefing

If you have questions about this year’s US presidential election, we have answers. Swamp Notes is a new podcast from the FT News Briefing. Listen every Saturday morning as our journalists analyse and discuss the latest happenings in US politics. We’ll go beyond the horse race for the White House and offer a global perspective…
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31 January 2024 0

China challenges the west for driverless car supremacy

Since early 2020, Wuhan has been infamous as ground zero for the Covid-19 pandemic. But the central Chinese city might now be on the cusp of global recognition for a different reason: boasting the world’s biggest fleet of cars that drive themselves. Wuhan is emerging as a key testing centre for the fledgling technologies, critical…
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31 January 2024 0

Europe’s top chipmaker Infineon boosts hiring in India and Vietnam

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Top European chipmaker Infineon is racing to hire more skilled workers in south and south-east Asia as the regions become increasingly important to the world’s semiconductor and tech supply chains. Infineon’s Asia-Pacific president and managing…
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30 January 2024 0

WPP sets out AI strategy and raises financial targets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. WPP, the London-listed advertising group, has upgraded its medium-term financial targets on the back of cost-cutting measures as it sets out plans to spend £250mn this year on technology focused on artificial intelligence. In a…
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30 January 2024 0

WPP says ‘too early’ to know whether AI overhaul will hit advertising jobs

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. WPP, the London-listed advertising group, has set out plans to invest hundreds of millions in artificial intelligence as part of an overhaul of its operations to meet new client demands for tech-led marketing. In a…
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30 January 2024 0

The Magnificent 7 value trade

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Armstrong here, back after a week in California. I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the…
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30 January 2024 0

Delivery Hero to sell stake in Deliveroo as demand for food dispatch wanes

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Delivery Hero is selling its stake in fellow online food dispatch group Deliveroo, as the sector comes down from the highs of the pandemic-boom of consumer demand for takeaways. The Berlin-based group on Monday said…
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29 January 2024 0

Amazon scraps $1.45bn iRobot purchase over EU’s threat to block deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon has scrapped its $1.45bn acquisition of Roomba maker iRobot as EU regulators prepared to block the transaction over competition concerns, the US tech giant said on Monday. “We’re disappointed that Amazon’s acquisition of iRobot…
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29 January 2024 0

India tells tech giants to police deepfakes under ‘explicit’ rules

A senior official in Narendra Modi’s government has warned that social media companies will be held accountable for AI-generated “deepfakes” posted on their platforms in compliance with “very clear and explicit rules” as India prepares for a general election this year. Rajeev Chandrasekhar, minister of state for electronics and IT, said that India had “woken…
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29 January 2024 0