Palantir Technologies co-founder Joe Lonsdale, a trio of venture capital pioneers and the Winklevoss twins are among the US technology and business leaders who have donated to a new super-political action committee supporting Donald Trump’s presidential bid.America Pac has raised more than $8.7mn since its launch in June, according to…

Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN. A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.How do you create a desirable high-end luxury brand? Clearly, yanking up prices in a deteriorating trading environment does not check the box. As Burberry has found, the risk is that it…

Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. But for a car so tiny, you might be surprised at the massive following that they command. Kei trucks, built to satisfy Japanese light automobile regulations and known…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Keir Starmer is expected to introduce a long-awaited artificial intelligence bill this week as he seeks to follow through on Labour’s manifesto pledge to create binding rules to govern development of…

On Sunday, the cost of a stamp is going up for the second time this year, jumping 5 cents for first class postage to 73 cents. You probably didn’t notice. And truthfully, you may not care. But you should. Most people don’t use mail the way they used to – if…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dozens of Palestinians have been killed in a series of Israeli air strikes in southern Gaza which officials said were aimed at Hamas’s military chief Mohammed Deif.Israeli officials said Deif and another…

Wholesale price inflation unexpectedly accelerated in June to its highest rate since March 2023, according to new data released Friday. On the surface, the jump in PPI appears to be an unwelcome development for the US economy and the fight to rein in high inflation — and it appears especially…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Unilever plans to cut around a third of all office roles in Europe by the end of next year, as the company’s new chief executive forges ahead with his plan to boost…

Germany will phase out components made by China’s Huawei and ZTE from its 5G wireless network over the next five years, a move that risks worsening its already strained relations with the world’s second-largest economy. Mobile network operators including Vodafone, Deutsche Telekom and Telefonica have agreed to remove the components…