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The Latest Breaking News from FT

Waymo explores ending Uber partnership: Financial Times

The companies have increasingly clashed over operational and commercial issues, according to the report. Waymo has raised concerns about ⁠the cleanliness ‌and routing of its vehicles, while Uber has criticised the sudden unavailability of ⁠Waymo vehicles during bad weather and argued that the partnership has "unsustainable financial terms," the FT…

The Economic Times

Lobbying giant filmed offering reporter payment for flattering client coverage in national press

Exclusive: Guardian investigation of CT Group uncovers practice that appears to seek hidden influence over public opinion

The Guardian - UK

Lakshmi Mittal family-backed Amit Bhatia-led group eyes stake in $6 bn Liverpool FC: Report

A consortium led by Amit Bhatia is reportedly in talks to acquire a significant minority stake in Liverpool FC. This potential deal could value the renowned Liverpool Football Club at over six billion dollars. The investor group has hired advisers and is actively discussing the strategic investment with owners. Fenway…

The Economic Times

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China considers tighter export controls on AI models and chips

Regulators led by the China's Ministry of Commerce (MofCom) ⁠have been ‌consulting leading domestic AI ⁠and chipmaking groups on how to prevent China's advanced technologies and star start-ups from ‌being acquired by the west, the report ⁠said, citing two people involved in the discussions.

The Economic Times

London Stock Exchange plans to launch round-the-clock trading next year, FT reports

The London Stock Exchange plans a new night-time trading site launching in 2027. This separate exchange will initially offer access to exchange-traded products like funds. Other global exchanges are also extending trading hours to meet demand. The new LSE venue will operate from 5 p.m. to 7:50 a.m. London time.…

The Economic Times

'People will pay because they have to': Trump Media pitches $100,000 monthly fee for faster Truth Social posts

Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the US president's posts on his Truth Social platform, according to a report by the Financial Times.

The Times of India

Beyond the Strait of Hormuz: How Gulf countries are preparing for life without the waterway

IN DEPTH : The US and Iran continue tit-for-tat strikes over the vital shipping route while a fifth of the world’s oil supply remains at a standstill. But Gulf countries have been looking towards alternatives for a more independent future, Maira Butt reports

The Independent UK

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Dubai to build new port to bypass Strait of Hormuz as Iran continues attacks on ships

The UAE has been the hardest-hit by Iranian retaliatory strikes and seeks to protect itself from further hostilities

The Independent UK

Power bills set to rise in final four months

Households and businesses are bracing for higher electricity bills in the final four months of this year as the Energy Regulatory Commission (ERC) has announced a sharp increase in the fuel tariff (Ft), which is expected to jump nearly fivefold from 0.16 baht to 0.94 baht per kilowatt-hour, driving overall…

Bangkok Post

Mastercard explores sale of UK payments subsidiary Vocalink, FT reports

LONDON - Mastercard is exploring the sale of a majority stake in its UK ‌payments subsidiary Vocalink back to British banks as it responds to concerns about a critical asset being under US ownership, the Financial Times reported on Monday citing ⁠people briefed on the talks.

Bangkok Post

Meta’s super-sensing AI glasses are still in the works, and I don’t know if I should be excited or terrified

Is never forgetting anything ever again worth the cost of an always-watching AI? Meta certainly hopes so, as its super-sensing AI glasses edge one step closer to reality according to new report.

TechRadar

I praised Meta’s smart glasses privacy update yesterday — today, its ‘super sensing’ glasses proved me completely wrong

Meta is reportedly working on AI glasses that record all day long, and in a complete 180 to yesterday's privacy update, the recording light could be turned off.

Tom’s Guide

Blackstone, TPG seek over $4 billion for Hologic's surgical unit

The ⁠two firms are working with advisers on a sale of the division, which makes surgical equipment used by gynecologists, FT reported.

The Economic Times

ETIAS: After EES chaos, will Europe’s new €20 travel authorisation system be delayed?

According to a report in the Financial Times, the EU is set to delay the launch of the new European Travel Information and Authorisation System (ETIAS) until 2027.

Euronews

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The Economic Times

HSBC pulls back from risky credit after bankruptcy scare, FT reports

HSBC is reportedly scaling back its involvement in riskier private credit deals, according to the Financial Times. This strategic shift indicates a move towards a more cautious approach in the private credit market, signaling a potential change in the bank's lending appetite for more speculative investments.

The Economic Times

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal: Report

Uber no longer plans to launch food delivery in five of the seven countries it had targeted for expansion this year, including Austria, Norway and Greece, the report said. It did not identify the other two countries. Earlier in the year, Uber said it planned to expand its food delivery…

The Economic Times

Americans were told bird flu caused soaring egg prices, then an investigation uncovered these text messages from US egg producers - here's what we know so far

Egg price investigation explained: US egg giants are accused of secretly coordinating to inflate prices during the bird flu crisis. Prosecutors allege executives used private messages to manipulate wholesale egg markets, even as they publicly blamed avian influenza. This alleged scheme aimed to keep prices high, leading to record profits…

Tom’s Hardware

OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6 — Altman reportedly wants every leading U.S. AI lab paying into an Alaska-style public fund

Altman is understood to have raised the idea with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent.

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The Guardian - UK

OpenAI ‘in early talks to give 5% stake to US government’

CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says

The Economic Times

US in talks with AI companies for voluntary model standards

The U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcement possible as soon as next week, the Financial Times reported on Wednesday, citing sources.

The Times of India

Accident or attack: What’s behind Beijing’s ‘unprecedented’ plane crash?

On the evening of June 26, a small aircraft hit CITIC Tower, Beijing’s tallest skyscraper, in the capital’s central business district. The pilot was killed in the crash. The physical damage was limited: Shattered glass, debris falling to the street and a scar on one of China’s most recognisable modern…

The Economic Times

Swatch claiming $170 million in damages against Samsung over trademark infringement: FT

Swiss watchmaker Swatch is demanding $170 million from Samsung, alleging the tech giant facilitated digital replicas of Swatch's iconic watch designs on its smartwatches. A British court previously found Samsung liable for trademark infringement. This ruling, stemming from a 2019 lawsuit, could pave the way for a similar case in…

The Economic Times

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

SpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T. The Elon Musk-led company, which already offers supplemental coverage with T-Mobile, is considering building its own terrestrial network. This move follows SpaceX's acquisition of significant wireless spectrum licenses, positioning Starlink for…

Tom’s Hardware

China black market Nvidia prices rocket in wake of smuggling crackdown and customs freeze — five-year-old A100 servers triple in price, now fetching up to $82,000

Chinese companies are paying as much as $82,000 for servers built around Nvidia's five-year-old A100 accelerator

Fortune

Saudi PIF's governor wants the kingdom to become a global investment center

After deploying billions in capital around the world, Saudi now wants to attract global investment to the kingdom

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