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The Latest Breaking News from FT

Galois Capital—which shorted crypto fraud Terra—can’t avoid contagion of FTX

Galois has agreed to sell its claim against FTX.

Fortune

John Cleese reacts to 'tide of negative emotion' after Fawlty Towers reboot

John Cleese has taken to social media to share his reaction to the criticism Fawlty Towers has faced following the news that the series would be returning to screens

Daily Mirror

White House to hold talks with Taiwan officials in Washington - FT

The White House will meet senior Taiwan officials next week in Washington for talks meant to be private to avoid an angry reaction from China, the Financial Times reported on Saturday, at a time of heightened tensions between Taipei and Beijing.

Reuters

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Everton investment talks continue despite USA Tottenham takeover news

MSP Sports Capital have been linked with a potential £3.1bn takeover play for Tottenham Hotspur

Liverpool Echo

‘I want my independence’: what the papers say about Nicola Sturgeon’s resignation

Newspapers react to the sudden departure of Scotland’s first minister and speculate on what’s next for the SNP and the UK

The Guardian - AU

£3.1bn takeover bid could be huge blow for Everton as Seamus Coleman lifts lid on Sean Dyche

Your Everton evening headlines as Tottenham set for £3.1bn takeover bid as Seamus Coleman discusses Sean Dyche impact

Liverpool Echo

Microsoft and Google are in a ‘Game of Thrones’ battle over A.I., Wedbush’s Dan Ives says

Tech companies are racing to figure out how to implement A.I. in their products, and it’s not just about search engines.

Fortune

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Super low-cost flights under threat as EU imposes new carbon emissions charges

Airlines thoughout Europe aren’t currently charged for CO2 permits

The Independent UK

Meet Harvey, the A.I. chatbot drafting contracts at one of the U.K.'s largest law firms

Tests have been underway since November.

Fortune

Who is Jahm Najafi? Billionaire behind Tottenham takeover bid with eye-watering net worth

Jahm Najafi has reportedly expressed an interest in buying Tottenham Hotspur after it was revealed he is set to launch a bid to take over the north London club

Daily Mirror

Everton could suffer investment blow as billionaire set to launch £3.1bn takeover bid for Tottenham Hotspur

MSP Sports Capital have recently been in talks with Everton owner Farhad Moshiri but are now set to launch a takeover bid for Premier League rivals Tottenham Hotspur

Liverpool Echo

Rishi Sunak considers deal to end wave of strikes among public sector - report

The Prime Minister and Chancellor are considering giving workers a lump sum by backdating next year’s pay rise

Evening Standard

Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’

“The year of efficiency is kicking off with a bunch of people getting paid to do nothing," one Meta employee told the FT.

Fortune

Analysis of UK income inequality 'reinforces that indy Scotland would be better off'

A DAMNING analysis of UK income equality "reinforces findings of whitepapers" that an independent Scotland would be better off ...

The National (Scotland)

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The Guardian - AU

‘Race against time’: what the papers say after the Turkey-Syria earthquake

Scenes from rescue efforts feature prominently in front-page coverage

Fortune

A.I. startups like OpenAI and Anthropic must partner with tech giants like Microsoft and Google. That poses problems

OpenAI, Anthropic, and Stability AI have partnerships with Microsoft, Google, and Amazon, respectively. The FTC is watching.

The Conversation

The Wall Street Journal, Economist and Financial Times all now have female editors – what does it mean for business?

February 1 was a date to celebrate for women in business everywhere. It happened to be the day that water group Severn Trent became the first large UK quoted company to be led by an all-female team by appointing Helen Miles as chief financial officer. That’s certainly worthy of celebration…

Axios

Office occupancy crosses 50%, a post-pandemic high

Half-full or half-empty?

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Financial Times

Can the EU keep up with the US on green subsidies?

The huge incentives in the Inflation Reduction Act are provoking a debate in Europe with ramifications for the entire single market

Fortune

Peter Thiel’s Founders Fund generated more than $1 billion by offloading an 8-year Bitcoin bet just before markets soured

Founders Fund first bought Bitcoin in 2014 when the cryptocurrency traded for under $1,000.

Birmingham Post

THG lowers profit expectations despite record sales after £100m cost cutting

THG confirmed that a further £30m of savings are to be found this year

Financial Times

How Apple tied its fortunes to China

The company spent two decades and billions of dollars building a supply chain of unprecedented sophistication. Now, a reckoning is coming

The Independent UK

Rupert Murdoch spotted in Barbados with new girlfriend Ann-Lesley Smith

New relationship comes months after media mogul’s abrupt divorce from actor and supermodel Jerry Hall

The Guardian - UK

China to take ‘golden shares’ in tech firms Alibaba and Tencent

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

Financial Times

How Germany became Europe’s leading Big Tech trust buster

While EU regulators slowly roll out their own enforcement mechanism, Berlin is already holding gatekeepers to account

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