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Google gives CEO Sundar Pichai new pay deal worth up to $692mn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google has increased Sundar Pichai’s total potential pay to $692mn over the next three years, making him one of the best-paid chief executives in the world. The bulk of Pichai’s package comes in performance stock … Read more

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To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog

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To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog

Oracle and OpenAI scrap deal to expand flagship Texas data centre

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a multibillion-dollar deal even as the AI developer races to secure more computing capacity. The Nashville-based database … Read more

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To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog

Investors are not ready for a true shock

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. To state the obvious, war in Iran has shaken up financial markets this week. Stocks wobbled, bonds tumbled, the dollar snapped its losing streak, oil prices sprang higher and natural gas went whoosh. But investors are … Read more

Russia is helping Iran to target US military assets in Middle East

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Russia has shared targeting intelligence with Iran, including locations of American military assets in the Middle East, as Tehran unleashes a barrage of drone and missile strikes against the US and its allies, … Read more

Ships in Gulf declare themselves Chinese to dodge attack

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A clutch of vessels trapped in the Gulf under enemy fire are adopting a tried-and-tested ruse to avoid attack: using transponders to declare themselves to be Chinese.  At least 10 ships over the past week … Read more