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BP faces activist investor pressure to ditch clean energy pledges

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist investor Bluebell Capital Partners has called on BP to ditch its commitment to cut oil and gas output as well as other keys parts of its strategy to transform the company into a clean…
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29 January 2024 0

EU climate chief rebuts business fears that green policies hit competitiveness

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU’s climate chief has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the competitiveness of European businesses, as Brussels fights a backlash against its…
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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

X blocks Taylor Swift searches after fake AI videos go viral

Elon Musk’s X has blocked searches for Taylor Swift after sexually explicit images of the pop star created using artificial intelligence spread widely on the platform. The incident is the latest example of how social media groups are scrambling to tackle so-called deepfakes: realistic images and audio, generated using AI, that can be abused to portray…
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28 January 2024 0

Western nations need a plan for when China floods the chip market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of ‘Chip War’, a professor at the Fletcher School, a nonresident senior fellow at the American Enterprise Institute and a partner at Greenmantle On a recent quarterly earnings call, the…
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28 January 2024 0