Recent stories by Financial Times
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StabilityAI chief resigns, raising doubts about AI start-up’s future
Resignation comes in wake of legal woes, battles with investors.
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OpenAI shows off Sora AI video generator to Hollywood execs
CEO Sam Altman met with Universal, Paramount, and Warner Bros Discovery.
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Lawsuit from Elon Musk’s X against anti-hate speech group dismissed by US judge
Ruling says case appeared to be directed at "punishing" speech from nonprofit.
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Reddit faces new reality after cashing in on its IPO
Reddit must now answer to its shareholders as well as its vocal users.
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Intel receives $8.5 billion from US for expanding high-end fab capacity
Chips Act funding will primarily be directed toward development of Intel’s 18A node.
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DeepMind co-founder Mustafa Suleyman will run Microsoft’s new consumer AI unit
Most staffers from Suleyman's startup, Inflection, will join Microsoft as well.
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Apple and Tesla feel the pain as China opts for homegrown products
Local competition, surge of BEVs, and security-related restrictions lead to changes.
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Spain tells Sam Altman, Worldcoin to shut down its eyeball-scanning orbs
Cryptocurrency launched by OpenAI's Altman is drawing scrutiny from regulators.
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What a potential post-Xbox future could mean for Sony and Nintendo
"All signs point to the hardware becoming less and less important to Microsoft."
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Elon Musk sues OpenAI and Sam Altman, accusing them of chasing profits
OpenAI is now a "closed-source de facto subsidiary" of Microsoft, says lawsuit.
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Amazon to spend $1 billion on startups that combine AI with robots
“We’re also a long way off from replacing all humans.”
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Intel will make chips for Microsoft
"I want to manufacture every AI chip in the industry," says Intel CEO Pat Gelsinger.
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Big Tech is extremely unimpressed by Apple’s EU App Store changes
"It took about an hour for app developers to realize they had been screwed."
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LockBit ransomware group taken down in multinational operation
Thousands of domains and servers seized from group responsible for thousands of attacks.
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Report: Apple is about to be fined €500 million by the EU over music streaming
EC accuses Apple of abusing its market position after complaint by Spotify.
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Russian forces now using Musk’s Starlink on Ukraine front line
Russian volunteer group brags about devices it said it had purchased for Russian forces.
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China close to shipping 5 nm chips, despite Western curbs
SMIC is facing lower yields as it makes 5 nm chips for Huawei smartphones.
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Microsoft in deal with Semafor to create news stories with aid of AI chatbot
Collaboration comes as tech giant faces multibillion-dollar lawsuit from The New York Times.
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No more Taylor Swift on TikTok after negotiations with label break down
Universal Music Group says TikTok is engaging in "bullying" as contract expires.
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Canon plans to disrupt chipmaking with low-cost “stamp” machine
Company is challenging industry leader ASML with its nanoprint lithography tech.
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Apple aims to run AI models directly on iPhones, other devices
Apple has acquired 21 AI startups since the beginning of 2017.
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Netflix will stream WWE Raw in $5 billion deal
WWE is abandoning its longtime home on cable, USA Network.
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CEOs say generative AI will result in job cuts in 2024
Media and entertainment, banking, insurance, and logistics lead the way.
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“We are worried,” says European rocket chief at prospect of launch competition
On the continent, Ariane 6 may be the last launcher with a monopoly.
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AI firms’ pledges to defend customers from IP issues have real limits
Indemnities offered by Amazon, Google, and Microsoft are narrow.
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Amazon marketplace crackdown has sellers searching for legal help
Clean-up drive has led to some small businesses having their accounts suspended.
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2024 may be a year of reckoning for Apple’s $85 billion services business
US court cases and tougher EU regulation will pose challenges to Apple's bottom line.
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Smartphone manufacturers still want to make foldables a thing
Foldables are barely 1% of the market, but that's not stopping anyone but Apple.
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AI-created “virtual influencers” are stealing business from humans
Brands are turning to hyper-realistic, AI-generated influencers for promotions.
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It’s “shakeout” time as losses of Netflix rivals top $5 billion
Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.
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Big Tech is spending more than VC firms on AI startups
Microsoft, Google, and Amazon haved crowded out traditional Silicon Valley investors.
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No last-minute reprieve, US ban on some Apple Watch sales now in effect
Watch Series 9 and Watch Ultra 2 blood oxygen sensors are patent-infringing.
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Apple wants AI to run directly on its hardware instead of in the cloud
iPhone maker wants to catch up to its rivals when it comes to AI.
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EU will hold 3 major porn sites to same regulations as Meta, X
Xvideos, Pornhub, and Stripchat face curbs on age verification, content moderation.
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Adobe gives up on $20 billion acquisition of Figma
Competition probes in the EU and UK made regulatory approval dicey.
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Elon Musk told bankers they wouldn’t lose any money on Twitter purchase
Lenders unlikely to get even 60 cents on the dollar for the bonds and loans.