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Return of Mandelson scandal leaves Labour MPs in despair
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.After a dismal 24 hours for Sir Keir Starmer, on Friday an online jibe against the prime minister was circulating among...
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Oil slumps 11% after US and Iran declare Strait of Hormuz open to commercial shipping
Stay informed with free updatesSimply sign up to the Oil myFT Digest -- delivered directly to your inbox.Oil and gas prices tumbled on Friday after the US and Iran declared the Strait of Hormuz had reopened for commercial shipping,...
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Meet the crypto guru to the Fortune 500 | Fortune
Good morning. Fortune 500 companies are already experimenting with blockchain, but many CFOs are still hesitant to move real money on-chain.That topic came up in my conversation with Betsabe Botaitis, the new CFO of P2P.org, a company that helps...
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The world holds its breath: Trump says Iran war will end ‘pretty soon’ as uranium deal is in sight | Fortune
S&P 500 futures ticked up 0.18% this morning and were rising steadily on news that the U.S. war with Iran may be approaching an end. The index closed up 0.26% yesterday for a second straight record high at 7,041.28....
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Latest AI models could threaten world banking system, financial officials warn
Senior international financial officials have warned the latest AI models from US tech companies could threaten the world banking system by exposing weaknesses in lenders’ cyber defence.As finance ministers, central bankers and regulators met this week in Washington for...
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Reed Hastings’s planned exit from $455 billion Netflix ‘had nothing to do with’ the failed deal for Warner Bros., says Ted Sarandos | Fortune
The 65-year-old cofounder and former CEO of the world’s largest streaming service announced on Thursday that he won’t stand for reelection to the board at the company’s annual shareholder meeting in June, ending a 29-year run at the company...
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Anthropic in talks to give US government access to its Mythos model
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldAnthropic is in discussions with the US government about granting access to its new Mythos model to agencies including...
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Meet Joe McCann: the high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson | Fortune
Joe McCann got into crypto trading and, within two years, he seemed to have it made. McCann’s fund Asymmetric raised money in 2022 from the likes of Marc Andreessen and Circle and, during the crypto boom period that marked...
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OnlyFans-style age checks are the standard, says Starmer
Sir Keir Starmer and Liz Kendall on Thursday told social media companies to adopt the same tough age verification checks used by adult sites such as OnlyFans as ministers come under growing pressure to tackle online harms. The demand...
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Harvey’s 30-year-old CEO says failing is a ‘good way to learn’ and says ‘destroying your ego’ led him to an $11 billion success |...
How do you build an $11 billion startup? For Winston Weinberg, CEO and co-founder of AI legal startup Harvey, it’s all about failure. “I think it’s really hard to figure this out without failing. You just have to fail a...
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Earthquake off Japan’s north coast prompts tsunami warning
Tokyo — A powerful earthquake...