Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world For the head of a 177-year-old listed company, there’s no hard and fast way to prevent people comparing you to a mafia boss. One conventional tactic, though, has been to avoid holding a … Read more
Microsoft Takes Legal Action Against AI “Hacking as a Service” Scheme Not sure this will matter in the end, but it’s a positive move: Microsoft is accusing three individuals of running a “hacking-as-a-service” scheme that was designed to allow the creation of harmful and illicit content using the company’s platform for AI-generated content. The foreign-based … Read more
Supply chain software giant Blue Yonder says it is investigating claims of data theft after a ransomware gang threatened to publish troves of data stolen from the company. Arizona-based Blue Yonder, which provides supply chain management software to thousands of organizations including DHL, Starbucks and Walgreens, was hit by a cyberattack on November 21. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. General Motors has taken a $5bn charge against its businesses in China, laying bare the slowdown in what was once the US carmaker’s largest market. On Wednesday, GM said that there was a “material loss … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s Nomura said profits more than doubled in its latest quarter, to their highest point in four years, a day after the bank’s chief executive took a pay cut as he accepted accountability for a … Read more
