News

CEOs are feeling unburdened by what has been (as Kamala Harris would put it) that is, the diversity, equity and inclusion policies that were de rigueur under the Biden administration. Just a week after President Trump signed an executive order banning DEI programs in the federal government, some executives are privately rejoicing that it could
0 Comments
After Meta removed tampons from mens bathrooms in company office buildings earlier this month, some employees started coordinating “quiet rebellions” by bringing in their own, according to a new report. In early January, CEO Mark Zuckerberg overhauled a variety of Metas internal and external policies, ranging from lifting restrictions on speech to “restore free expression”
0 Comments
Apple shares rose in after-market trading on Thursday after the company forecast higher sales than Wall Street expected, a sign the company expects iPhone sales to recover as it rolls out artificial intelligence features. Apple executives said they expect sales for the current quarter to rise in the low- to mid-single digit range. After accounting for a
0 Comments
After a short-lived rally past $3,700 in early January, Ethereum struggled to sustain its gains and is now 12% below its recently established local top. The leading altcoin’s market sentiment remains muted. As such, a new analysis suggests that the next significant price shift will largely be influenced by whales. Ethereum’s price has stabilized above
0 Comments
Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to change its XRP Trust into an exchange-traded fund (ETF) on NYSE Arca. According to a filing lodged with the regulatory agency, the XRP Trust is among the largest investment instruments anchored to Ripples native token, with more than $16 million in assets under
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple revealed quarterly results that slightly exceeded Wall Street expectations, but iPhone sales were flat on the previous year as the company battles rising competition from local device makers in China. Apple on Thursday reported
0 Comments
President Donald Trump intended his flood of executive orders to shock and awe his opponents. But on Monday night, a memo from the Office of Management and Budget instead shocked the Trump White House. That memo, with its call for a temporary pause to all federal-government grants and loans, set off widespread panic and confusion
0 Comments
Sometimes politics resembles one of the weirder branches of modern physics or a fantasy version of biology. Time may seem to run backwards; solid things turn out to be insubstantial; black holes swallow up the light; the dead may walk the Earth, ghouls crawl out of cleft rocks, velociraptors not only reappear but learn to
0 Comments
Meta Platforms’ fourth-quarter revenue beat Wall Street expectations on Wednesday, but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off. The Facebook and Instagram parent company expects first quarter revenue between $39.5 billion and $41.8 billion, compared with
0 Comments
Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would start testing an autonomous ride-hailing service in June, enthusing investors and overshadowing quarterly results that fell short of Wall Street expectations on Wednesday. Tesla’s market value has soared with the election of President Trump,
0 Comments
Honda will recall 294,612 vehicles in the US to fix an issue that may cause engines to stall or suffer a loss of power, the National Highway Traffic Safety Administration said on Wednesday. The recall affects certain 2022-2025 Acura MDX Type-S, 2023-2025 Honda Pilot, and 2021-2025 Acura TLX Type-S vehicles. A software error in the
0 Comments
Starbucks tested out panic buttons at five locations to protect baristas during unsafe situations, the company says. The java giant has instituted a new set of store rules under freshly minted CEO Brian Niccol targeting patrons who have spent an inordinate amount of time on laptops or people who are lounging around without making a purchase, according to
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ASML, the chip manufacturing equipment maker, said orders for its most advanced machines surged last quarter, suggesting producers of artificial intelligence processors were increasing capacity before China’s DeepSeek this week triggered a panic over future
0 Comments