Finance

Finance

UK workers set to get unlimited compensation for unfair dismissal

Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. High earners who win claims for ordinary unfair dismissal could in future receive unlimited amounts in compensation under plans the UK government is drawing up to lift the current £118,000 limit.  A commitment to lift … Read more

Finance

Pete Hegseth is unfit to lead the Pentagon

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A necessary feature of democracy is civilian control of the military. Sufficiency can only be assured, however, when that leadership is competent. Even before the latest controversy over US strikes on alleged drug … Read more

Finance

Trustpilot shares plummet after short seller alleges ‘mafia-style’ practices

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Trustpilot dropped nearly 32 per cent after US short seller Grizzly Research alleged that the online review site hosted ‘mafia-style’ campaigns that pressured businesses into buying subscriptions to improve their ratings. US-based Grizzly, … Read more

Finance

US admiral defends second strike on alleged drug boat in Caribbean

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US admiral Frank Bradley has defended his order to launch a second strike that killed survivors of an earlier attack on an alleged drug trafficking boat, as President Donald Trump and defence secretary … Read more

Finance

FBI arrests suspect in failed January 6 pipe bomb attack

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The FBI has arrested a man and charged him with placing pipe bombs near the headquarters of the Democratic and Republican parties ahead of the US Capitol attack on January 6 2021. US … Read more

Finance

OpenAI’s ‘code red’ moment

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. For tech start-ups, relentless focus can be critical. Google’s famous mission statement, to “organise the world’s information and make it universally accessible and useful”, shaped its early priorities. A spate of upgrades to the search … Read more

Finance

Meta to slash spending on metaverse as it shifts focus to AI

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta has set out plans to meaningfully cut back its metaverse efforts next year, as chief executive Mark Zuckerberg narrows his focus on winning the artificial intelligence race.  Executives at the $1.7tn social media company … Read more

Finance

The US may be running the wrong AI race

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Surrounded by kick-boxing, piano-playing humanoid robots at a high-tech fair in Shenzhen last month, some tech influencers were asking: can the west catch up with China? That question would have sounded absurd two decades ago, … Read more

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