How China has changed the game for AI valuationsNews Feed
The nature of competitive advantage has already moved beyond the vertically integrated model pursued by Elon Musk’s XAI
Letter: Climate change is mission critical not ‘mission creep’News Feed
From Anne Jellema, Executive Director, 350.org, Boston, US
Spain’s antitrust watchdog approves BBVA’s €11bn hostile bid for SabadellNews Feed
Government will now have final say on deal that could make banks a force in Spanish loan market
Paramount ready to settle $20bn Trump lawsuit against CBS NewsNews Feed
Potential deal comes after studio’s owner Shari Redstone grew frustrated with ‘balance’ of coverage
UK in talks with France, Saudi Arabia over recognising a Palestinian stateNews Feed
European and Arab powers push for resolution to crisis caused by Hamas-Israel war as UN conference nears
FirstFT: Shein considers US restructuring as trade war threatens London IPO plansNews Feed
Also in today’s newsletter, Singapore’s upcoming election, and Chinese investors pile into gold funds
US urges India and Pakistan to de-escalate tensionsNews Feed
Secretary of state Marco Rubio expresses growing concern about conflict in after Kashmir attack that killed 26 people
Meta boosts capex forecast in push to be an ‘AI leader’News Feed
Tech group reports better than expected results, but net income slips from three months earlier
Microsoft shares jump after strong AI demand boosts cloud unitNews Feed
Profits rise nearly a fifth in March quarter sending stock up 6% after-hours
Greensill Capital administrator sues founder Lex GreensillNews Feed
Lawsuit is latest legal challenge facing Australian financier who sparked political scandal