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Technology
Temu’s global expansion now looks fraught with difficulty
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Temu has changed the world of online shopping. Its rapid…
Chinese retailer PDD takes $55bn share hit after warning of ‘inevitable’ profit decline
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.PDD Holdings, the owner of ecommerce apps Pinduoduo and…
Using fear to sell AI is a bad idea
Stay informed with free updatesSimply sign up to the Artificial intelligencemyFT Digest -- delivered directly to your inbox.Eighteen months ago I went to a party in San Francisco…
Banks and accounting firms should brace for cost of AI job losses, unions warn
Stay informed with free updatesSimply sign up to the UK employmentmyFT Digest -- delivered directly to your inbox.Banks, insurers and accounting firms should be braced to pay for…
Mark Zuckerberg says White House pressured Meta over Covid-19 content
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseMeta chief executive Mark Zuckerberg accused the…
British business groups call for automatic compensation for broadband outages
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Several large British business groups have called on the…
Apple’s top finance executive to step down at the end of 2024
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apple chief financial officer Luca Maestri will step down…
Emmanuel Macron hits back at claims Telegram chief’s arrest is political
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Emmanuel Macron has hit back at accusations that the…
23andMe hasn’t cracked code on life as a viable public company
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.There are 23 pairs of human chromosomes. Decoding them…
Live news: Temu parent warns of revenue pressure as ecommerce competition intensifies
The parent of online marketplace Temu has warned that increased competition would weigh on revenue pressure and profitability would take a hit as the group seeks to boost…