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The Latest Breaking News from FT

UK politics: Abbott claims Labour leadership’s ‘real agenda’ is to prevent her getting the whip back – as it happened

Hackney MP endorsed a post saying it was unlikely she would be allowed to rejoin Labour despite the support of senior figures

The Guardian - UK

Malaysia's semiconductor manufacturing flourishes in the face of U.S. and China's Chip War

Malaysia's place in the Chip War as an alternative place to manufacture semiconductors and chips without drawing ire of US politicians and regulations.

Tom’s Hardware

Binance Confirms 2 Executives Still In Nigeria Amid Two-Week Detainment Report

Binance confirmed Wednesday that two of its executives were still in Nigeria more than two weeks after they flew in to discuss the government's ban on crypto trading platforms.

International Business Times

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Olive oil becomes most wanted item for shoplifters in Spain

Gangs steal ‘liquid gold’ amid shortages and surging prices after extreme weather damages harvests

The Guardian - UK

Wednesday briefing: What’s in Hunt’s spring budget – and how will he pay for it?

In today’s newsletter: As the chancellor presents a plan aimed at satisfying the Tory faithful, we look at what he will do and what it will mean for you

The Guardian - UK

Old School RuneScape players revolt after new big money owners say bots are fine, actually, devs furiously walk it back and say they banned 7 million bots last year

A quote from an anonymous source close to Jagex's new owners sent OSRS fans into overdrive.

PC Gamer

In the weirdest pitch for a buddy movie this year Samsung and LG are getting together to stop China taking over the OLED panel market

Will it make OLED monitors better or worse?

PC Gamer

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Crypto Hedge Fund Tyr Allegedly Ignored FTX Warnings: Report

TGT has accused Tyr Capital of ignoring investor concerns regarding FTX and requested for a "dawn raid" on the crypto hedge fund manager's offices in August 2023, a new report revealed.

International Business Times

The Tory press can publish all the tax avoidance guides they like - the rich won’t flee a Labour government

The scare-mongering will come to nothing. Britain’s super-wealthy know that moving abroad would be bad for business, says Guardian columnist Polly Toynbee

The Guardian - UK

The Tory press can publish all the tax avoidance guides they like – the rich won’t flee a Labour government

The scare-mongering will come to nothing. Britain’s super-wealthy know that moving abroad would be bad for business, says Guardian columnist Polly Toynbee

The Guardian - UK

Why is Apple facing a €500m fine from EU over music streaming?

European Commission will reportedly hand down punishment after tech organisation imposed ‘unfair trading conditions’ in the music streaming market

The Guardian - UK

Has Crispin Odey struck gold?

It was not a great 2023 for City stalwart Crispin Odey. The former Harrow and Oxford boy was kicked out of his own business, Odey Asset Management, before the firm eventually closed down after investors yanked their cash out of it as fast as they could.

Evening Standard

EDF takes €12.9bn hit after Hinkley Point C delays and cost overruns

French energy firm swung to profit in 2023 despite impairment charge on struggling nuclear project in UK

The Guardian - UK

Jeremy Hunt ‘considering spending cuts’ to fund pre-election tax giveaway

Treasury looking at reducing projected rise in public spending from 2025, FT reports citing insiders

The Guardian - UK

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The Hindu

ISB ranked first in India, 31st globally in FT Global MBA Ranking 2024

Indian School of Business (ISB) ranked 1st in India and 31st globally in the Financial Times Global MBA Ranking 2024.

The Guardian - UK

Wednesday briefing: Why Ukrainian military chief Valerii Zaluzhnyi is on the brink of being forced out

In today’s newsletter: After a week of speculation, Volodymyr Zelenskiy said he was ready to replace his military chief – why, and what now?

The Guardian - US

For all his obsession with innovation, Peter Thiel has some stone-age views

The billionaire is bankrolling a pro-drugs version of the Olympics, but does he care about the whole women-having-rights thing? Nah

The Guardian - UK

As EU leaders grow visibly irritated, has Viktor Orbán overplayed his hand?

After years of punching above his weight on the international stage, Hungary’s far-right leader may be seeing the limits of his influence

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The Guardian - UK

Secret EU plan ‘to sabotage Hungarian economy’ revealed as anger mounts at Orbán

Brussels’ fury grows over Budapest’s ‘policy of blackmail’ in continuing to hold up £50bn support package

Tom’s Guide

Apple is ramping up AI acquisitions and recruitment ahead of rumored Siri 2.0 reveal at WWDC 2024

Apple has made more AI-related acquisitions than its competitors in recent years and is heavily recruiting in the generative AI space.

The Guardian - UK

British Library begins restoring digital services after cyber-attack

UK’s national library apologises to researchers, saying full recovery could take until end of the year

Tom’s Hardware

Single Chinese factory reportedly repurposed over 4,000 Nvidia RTX gaming cards into AI accelerators in December

Several factories in China have been busy repurposing Nvidia GeForce RTX gaming graphics cards to create dedicated AI accelerators, with one manager saying that more than 4,000 Nvidia RTX gaming cards were disassembled in December alone.

PC Gamer

Microsoft rides the AI wave to a $2.9 trillion market cap, beating Apple as the most valuable corporation on Earth

A number so large I can't even fit it in my head.

Fortune

AI isn’t coming for your job, but it’s definitely going to be your new coworker

Deloitte is giving 75,000 of its workers an AI chatbot in an effort to increase productivity. It’s part of a much larger wave.

Fortune

Effective altruism's fundamental flaw

Why the EA movement is both promising and problematic.

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