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The Latest Breaking News from FT

Brent crude hits $116 a barrel as Trump threatens to ‘blow up’ Iran’s oilwells and export hub

Investors nervous over escalation of Middle East conflict as US president says he wants to ‘take the oil in Iran’

The Guardian - US

Brent crude rises after Trump says he wants to ‘take the oil’ in Iran and Yemeni Houthis launch second attack on Israel – as it happened

Brent crude on track for record monthly increase; aluminium prices hit four-year highs after Iranian attacks on Middle East smelters

The Guardian - UK

Oil set for record monthly gain – as it happened

This blog is closed – our live coverage continues on a new blog here

The Guardian - AU

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US treasury department demands retraction of story on increased oversight of Federal Reserve

Treasury department said Financial Times article about Scott Bessent’s views on Fed oversight was ‘manufactured’

The Guardian - US

'Saudi pact becoming a problem for us': Why Pak wants to host US-Iran peace talks

Pakistan’s push to host US–Iran peace talks is being shaped as much by urgency as by opportunity. Islamabad is growing increasingly wary that its defence pact with Saudi Arabia could pull it deeper into a widening regional conflict.

The Times of India

Senator Murphy Alleges 'Corrupt' Insider Trading After £1.17 Billion Futures Bet Placed Minutes Before Trump's Iran Post

An anonymous trader's massive futures trades just before Trump's Iran strike pause announcement have sparked insider trading allegations from a US senator and a Nobel Prize-winning economist.

International Business Times UK

'Asim Munir spoke to Trump': Is Pakistan emerging as backchannel in Iran war?

Pakistan is positioning itself as a key mediator in the US-Israel-Iran conflict, with its army chief and prime minister engaging in separate calls with US and Iranian leaders. Islamabad has offered its capital as a venue for potential discussions, aiming to facilitate peace amid ongoing regional tensions and stalled diplomatic…

The Times of India

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Are US-Iran talks happening in Pakistan? What White House said

The White House has not confirmed reports of potential meeting between US and Iranian officials in Islamabad, calling the situation sensitive and fluid. Mediating countries, including Pakistan, are reportedly attempting to convene US-Iran talks, though Tehran denies direct negotiations. This diplomatic push follows a pause in US strikes on Iran's…

The Times of India

Microsoft considering suing OpenAI over Altman's recent deal with Amazon, report claims — exclusivity dispute revolves around Frontier multi-agent service

Microsoft ruminating on suing OpenAI over Altman's recent deal with Amazon

Tom’s Hardware

FTSE 100 falls as Strait of Hormuz uncertainty continues

The FTSE 100 Index closed down 44 points at 10,261.15.

Evening Standard

'Proceed with caution': Elon Musk offers warning after Amazon reportedly had mandatory meeting to address 'high blast radius' and AI-related incidents

“Folks, as you likely know, the availability of the site and related infrastructure has not been good recently,” Dave Treadwell, an Amazon senior vice president reportedly wrote in an email.

Fortune

Amazon is determined to use AI for everything – even when it slows down work

Corporate employees said Amazon’s race to roll out AI is leading to surveillance, slop and ‘more work for everyone’.

The Guardian - US

A new Khamenei as Supreme Leader, oil above $100: Did Trump miscalculate Iran?

Operation Epic Fury escalates as Iran installs Mojtaba Khamenei as supreme leader following his father's death. With oil prices soaring above $100 a barrel and attacks widening across the region, the conflict is morphing into a larger, riskier war with no clear end in sight.

The Times of India

Palmer Luckey’s retro gaming venture seeks $1 billion valuation as FPGA-based Nintendo 64 clone launch nears — ModRetro's M64 console plays original N64 cartridges, supports 4K resolution

Palmer Luckey is said to be in talks with investors to raise funds for ModRetro at a $1 billion valuation as the retro gaming company prepares to ship its second product.

Tom’s Hardware

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Fortune

Forget the U.S. Navy, the best protection for ships traveling through the Strait of Hormuz may be claiming to be a 'Chinese' or 'Muslim' vessel

Most ships in the U.S. Navy’s fleet are in port or in maintenance and training, with less than a fifth of the force at sea for operations, according to CSIS.

The Guardian - UK

UK supermarket chain Iceland drops trademark dispute with Iceland

Company promises ‘rapprochement discount’ for shoppers from country after decade-long action in EU court

The Times of India

Why Khamenei’s death could become Trump’s most expensive victory

President Trump's decision to eliminate Iran's Supreme Leader Ayatollah Ali Khamenei has dramatically altered the Middle East. While a tactical victory, the move has triggered regional missile exchanges and rising oil prices. Analysts warn that removing Khamenei, who controlled escalation, may lead to a more unpredictable and volatile Iran, posing…

Windows Central

"Cancel ChatGPT" movement goes mainstream after OpenAI closes deal with U.S. Department of War — as Anthropic refuses to surveil American citizens

After Anthropic refused flat out to agree to apply Claude AI to autonomous weapons and mass surveillance of American citizens, OpenAI jumps right into bed with the United States Department of War.

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news in one place.

100's of premium titles.
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The Guardian - UK

Guardian joins media coalition to protect original journalism from unpaid use by AI

BBC and Financial Times among those calling for frameworks to help publishers gain control over their content being ‘scraped and copied’

The Times of India

Conflict calculus: Why Khamenei is betting on war with US for regime survival

The United States has built up one of its largest Middle East deployments in years, with two aircraft carriers moving into position and additional warships and aircraft arriving in the region. The State Department has also begun thinning out exposed outposts. Meanwhile, Iran is preparing itself for a protracted war…

PC Gamer

Reports claim an AWS outage last year was caused by an AI coding tool deciding to 'delete and recreate the environment' from scratch, while Amazon says 'misconfigured access controls' were to blame

The vibes may have been off.

Euronews

Lagarde in hot water over ‘additional’ BIS salary despite ECB limits on extra pay

The ECB President is facing backlash after disclosing she earns over €140,000 a year as a board member for the Bank for International Settlements (BIS). ECB policy bans regular staff from accepting third-party payments.

TechRadar

Recent AWS issues blamed on AI tools - at least two incidents affected some Amazon services

Amazon asserts they were "user error, not AI error."

Tom’s Guide

AWS suffered ‘at least two outages’ caused by AI tools, and now I’m convinced we’re living inside a ‘Silicon Valley’ episode

Amazon’s cloud storage unit AWS reportedly suffered at least two outages in December due to “errors involving its own employees.” And as I read this report from Financial Times, I couldn’t help but think that somewhere, the writers of “Silicon Valley” were nodding knowingly.

Tom’s Hardware

China brain computer interface outfit accelerates to human trials in quest to outpace Neuralink — mix of government backing and investor enthusiasm speeds time to market for NeuroXess

China could overtake the US in brain computer interface (BCI) technology leadership thanks to streamlined planning, regulatory approval, and financing.

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