Another day, another ritual mass firing at Tesla:
“Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction... While some execstaff are taking this seriously, most are not yet doing so”
ft.com/content/114eff… via Financial Times

What’s Apple doing in AI? ⁦⁦Michael Acton⁩ reports that it’s been hiring Google staff to build its team, with some bonus sleuthing to uncover a secret Zurich AI lab⁩ via Financial Times
on.ft.com/3waVM1L

The largest western banks in Russia paid the Kremlin more than €800mn in taxes last year, a fourfold increase on prewar levels, despite promises to minimise their exposure after the invasion of Ukraine.

With Anastasia Stognei.
on.ft.com/3UBv6k3

The Financial Times and OpenAI strike content licensing deal - The agreement also allows ChatGPT to respond to questions with short summaries from FT articles, with links back to FT.com
ft.com/content/333287… via Financial Times

Elon Musk makes a surprise visit to Beijing to meet China’s premier amid Tesla’s battle with cheap local electric vehicle rivals. Interesting this comes so soon after the last minute cancellation of his trip to see Indian PM Modi via Financial Times
on.ft.com/4ddTEXF

.Google joins the tech $2tn club as the search/ads/cloud giant unveils first ever dividend alongside some punchy first-quarter earnings ft.com/content/23b4b3… via @ft

Microsoft’s revenue and cloud sales beat expectations, further increasing the share price of the company that's been the biggest winner (ex-Nvidia) from the AI hype-frenzy Camilla Hodgson
ft.com/content/ec6833… via @ft

Tesla steers back towards cheaper cars - but Elon Musk evades questions on specific plans for a promised $25k “model 2” and ramps up AI spending via Financial Times
on.ft.com/3Jx5P4n

My piece on Tokyo’s top female sushi chefs with beautiful photos by Sybilla Patrizia ft.com/content/420266… via @ft

UK regulator CMA examines more probes into Microsoft and Amazon’s AI dealmaking, again asserting its powers over US tech giants. via Financial Times
on.ft.com/3xN6rzX

Goldman Sachs relocates senior investment banker from London to Paris in the latest moves of its post-Brexit revamp

🇬🇧➡️🇫🇷

Story with Joshua Franklin

ft.com/content/515654… via @ft

FT Alphaville's Louis Ashworth has been digging through the US proxy filings again .. This is superb: Meet the pest-control boss with the $140,000 dining perk
on.ft.com/4dbiTtx

.Google streamlines structure to speed up AI efforts. BIg winner of CEO Sundar Pichai's overhaul is Demis Hassabis, founder of DeepMind, who now has much of its AI efforts in his remit ft.com/content/26d39c… via @ft

The best in the business - Madhumita Murgia wins science and tech writer of the year #ThePressAwards

Henley, Oxford, Marlow, Jersey, Caymans, Delaware ... Germany?

In search of the elusive Neil Woodford, with Louis Ashworth and Cynthia O’Murchú for FT Alphaville

ft.com/content/32c08f…

Tesla asks shareholders to approve move to Texas & ratify Elon Musk’s pay (worth ~$50bn even after a steep decline in shares) it could also invalidate a $5bn payout for lawyers that sued over Musk’s high pay in Delaware Financial Times⁩ ⁦Peter Campbell⁩ on.ft.com/3Q2n9Sg

Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups. The big size bucks a trend in VC that has seen big funds struggle to hit targets ft.com/content/fdef2f… via @ft

Austria’s Raiffeisen Bank International recently posted dozens of ads for Russia-based jobs indicating ambitious plans to grow in the country, contradicting its official pledge to exit the market.

With Chris Cook, Owen Walker & Sam Jones
on.ft.com/3JF1T1z