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Dutch kick-start European attempts at carbon capture

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On the edge of a man-made peninsula at Rotterdam port, engineers have started work on Europe’s most ambitious attempt at capturing and storing the carbon dioxide emissions behind climate change. After significant delays, drilling started…
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28 April 2024 0

Bob Diamond sets sights on rivalling TikTok with social media start-up

Former Barclays boss Bob Diamond is looking to take on TikTok as chair of a social media start-up that claims to be worth more than $3bn, despite revenue of only $36mn and less than $1mn in cash on hand last year. The new direction for the financier comes after video platform Triller agreed an all-share…
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27 April 2024 0

Dubai deluge brings home climate change dangers to a desert nation

Visitors to Dubai’s Mall of the Emirates’ famous artificial ski slope last week found it dark and deserted. Even though the shopping centre itself was filled with the usual tourists, the silent snow dome suggested all was not well, after a deluge in the metropolis disrupted the power to chill the slope. Several days after…
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27 April 2024 0

Microsoft and Alphabet enjoy AI-powered gains from cloud divisions

Microsoft and Google’s owner Alphabet have quashed investor scepticism around the vast sums spent on developing artificial intelligence, after being boosted by rampant corporate demand for their cloud computing services. The combined market value of the two US tech giants rose by more than $250bn on Friday, a day after each reported double-digit revenue growth…
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26 April 2024 0

Alphabet surges past $2tn valuation as it announces first dividend

Standard Digital Weekend Print + Standard Digital $1 for 4 weeks Then $75 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial. What’s included Everything in Standard Digital Global news & analysis Expert opinion Special features FirstFT newsletter Videos & Podcasts FT App on Android & iOS FT Edit app…
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26 April 2024 0

‘Terminator’ creator James Cameron says AI could replace him — but not Schwarzenegger

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. James Cameron, who dreamt up the evil Skynet artificial intelligence network in his 1984 film The Terminator, says an advanced AI system could one day do his job. “If you have an artificial general intelligence…
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26 April 2024 0

Darktrace exit snuffs out another light on the London market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Another light of the London Stock Exchange firmament is going out. Darktrace has accepted a £4.3bn offer from US private equity investor Thoma Bravo. That the UK market’s lone cyber security name is leaving will,…
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26 April 2024 0

The Lex Newsletter: AI spending plans are spooking the market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of The Lex Newsletter. Premium subscribers can sign up here to get the newsletter delivered every Wednesday and Friday. Standard subscribers can upgrade to Premium here, or explore all…
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26 April 2024 0