Brussels strikes back against Big Tech
FT News Briefing26 Jun 2024

Brussels strikes back against Big Tech

Shares of electric vehicle start-up Rivian surged in extended trading after Volkswagen announced a plan to invest up to $5bn, global investment in clean energy is set to hit $2tn and the EU charged Microsoft for violating antitrust laws yesterday. Plus, the FT’s Emma Agyemang explains why a deadlock in the US Senate is threatening to upend a global tax treaty.


Mentioned in this podcast:

Rivian shares soar on Volkswagen plan to invest up to $5bn

Clean tech investment set to hit $2tn in 2024

EU charges Microsoft with antitrust violations over Teams

Global tax truce frays over fears of US Senate deadlock


Do you have questions about the US election? Drop us a voice note here and we may play your question on Swamp Notes!


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Episoder(2104)

Disney and OpenAI team up

Disney and OpenAI team up

Cryptocurrency entrepreneur Do Kwon is sentenced to 15 years in prison on two counts of fraud, and the Walt Disney Company will allow OpenAI to use its characters in its flagship products. Plus, footb...

12 Des 202512min

Fed cuts rates amid growing division

Fed cuts rates amid growing division

The Federal Reserve cut interest rates by a quarter point, and Oracle shares fell on Wednesday after it reported disappointing revenues. Plus, there’s one conglomerate in Abu Dhabi dominating the econ...

11 Des 202510min

Australia is first country to ban social media for children

Australia is first country to ban social media for children

EU countries want to fast-track a decision to indefinitely immobilise up to €210bn in Russian sovereign assets, investors have increased bets that interest rates in major economies could diverge next ...

10 Des 202511min

A double bubble for gold and US equities

A double bubble for gold and US equities

Paramount has launched a $108bn hostile bid to buy Warner Bros Discovery, US natural gas prices are soaring as the country ships record amounts of the fuel overseas, and US President Donald Trump says...

9 Des 202510min

Federal Reserve set for divisive final 2025 rate decision

Federal Reserve set for divisive final 2025 rate decision

Europe seeks to rally support for Ukraine as US pressure builds, and there’s likely to be plenty of debate ahead of the Federal Reserve’s final rate decision of the year. Plus, how Netflix’s blockbust...

8 Des 202512min

Big Four maintains stranglehold on UK audits

Big Four maintains stranglehold on UK audits

The Big Four accounting firms maintained their iron grip on auditing the UK’s largest companies last year, the industry watchdog has found. Plus, Japan’s economic normalisation could impact global bon...

5 Des 202511min

Wall Street frets over Hassett as potential Fed chair

Wall Street frets over Hassett as potential Fed chair

Bond-market investors worry that the leading candidate for Fed chair is too close to US President Donald Trump, while HSBC finally picks its new chair. Plus, the EU has a last-minute plan to fund Ukra...

4 Des 202510min

AI chatbot race enters crunch phase

AI chatbot race enters crunch phase

Nigel Farage has told donors he expects to do an election deal with the Conservatives, and the race to narrow OpenAI’s dominance in the chatbot race. Plus, Eurozone inflation unexpectedly turns higher...

3 Des 202511min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
forklart
popradet
aftenpodden-usa
stopp-verden
det-store-bildet
lydartikler-fra-aftenposten
fotballpodden-2
nokon-ma-ga
rss-gukild-johaug
dine-penger-pengeradet
hanna-de-heldige
rss-ness
aftenbla-bla
rss-penger-polser-og-politikk
rss-utenrikskomiteen-med-bogen-og-grasvik
rss-dannet-uten-piano
rss-espen-lee-usensurert
frokostshowet-pa-p5