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(2099)

Can bankers be fired for demanding sleep?

Can bankers be fired for demanding sleep?

JPMorgan Chase is in talks to provide banking services to US President Donald Trump’s Board of Peace, and investors have warned that loosening the UK’s borrowing limits to fund more spending on defenc...

19 Feb 11min

Warner Bros tells Paramount to make an offer it can’t refuse

Warner Bros tells Paramount to make an offer it can’t refuse

Meta has agreed to spend billions of dollars on millions of Nvidia’s chips, and Warner Bros Discovery has reopened sale talks with Paramount. Plus, Christine Lagarde has decided to leave her post as p...

18 Feb 11min

Orbán draws US support ahead of Hungary’s election

Orbán draws US support ahead of Hungary’s election

Hungary’s Prime Minister Viktor Orbán lashed out at Ukraine at a meeting with US secretary of state Marco Rubio in Budapest. Fund managers are betting against the US dollar. Shareholders push oil comp...

17 Feb 13min

What’s with Wall Street’s weird selloffs?

What’s with Wall Street’s weird selloffs?

Cross-border EU banking deals reached their highest level since the 2008 financial crisis, and regulation reversals are hitting global electric-vehicle makers. Plus, soaring gold prices are affecting ...

16 Feb 11min

Introducing 'The Kink Machine: The Hidden Business of Pleasure'

Introducing 'The Kink Machine: The Hidden Business of Pleasure'

It’s the most watched business in the world. And the least understood. Streamed by millions every day, porn is everywhere. It shapes our culture, our relationships and even technology. Yet, nobody see...

14 Feb 31min

Private equity’s workaround to buy law firms

Private equity’s workaround to buy law firms

The Trump administration plans to roll back some tariffs, Schroders agrees to a US takeover, and Americans paid 90 per cent of the cost of US President Trump’s tariffs last year. Plus, Goldman Sachs’ ...

13 Feb 12min

A wacky US jobs report

A wacky US jobs report

The US economy added 130,000 jobs in January, beating market expectations, and documents appear to contradict testimony Jes Staley gave about his involvement with Jeffrey Epstein. Plus, Bangladesh is ...

12 Feb 11min

Should BP get more credit for its turnaround effort?

Should BP get more credit for its turnaround effort?

US commerce secretary Howard Lutnick said he visited Jeffrey Epstein’s island with his family in late 2012, Cuba is struggling under the US fuel embargo, and Ukrainian President Volodymyr Zelenskyy is...

11 Feb 10min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
popradet
stopp-verden
det-store-bildet
fotballpodden-2
nokon-ma-ga
rss-gukild-johaug
dine-penger-pengeradet
hanna-de-heldige
lydartikler-fra-aftenposten
rss-ness
aftenbla-bla
rss-dannet-uten-piano
rss-utenrikskomiteen-med-bogen-og-grasvik
e24-podden
chit-chat-med-helle
rss-penger-polser-og-politikk