Meta withdraws a sextortion expert’s job offer after he publicly criticizes Instagram

Meta withdrew a job offer from a prominent cyber intelligence analyst immediately after he criticized Instagram for its failure to protect children online. Paul Raffile had been offered a job as a human exploitation investigator, focusing on issues such as extortion and human trafficking. He had participated in a webinar on April 24 on protecting … Read more

Big companies leaving Britain ‘not a crisis’, says stock exchange boss – BBC News

Image caption, LSE chief executive Julia Hoggett says there is “strong reason for optimism”. Item information The chief executive of the London Stock Exchange has denied the stock exchange is in crisis, despite companies worth hundreds of billions of pounds leaving for the US. Business bosses have told the BBC that Britain is facing an … Read more

US copper prices are rising to record highs as funds flow in

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. US copper prices have risen to a record premium to the global benchmark in London, as speculative funds pile up and traders are forced to hedge short bets on the world’s most important industrial metal. … Read more

EasyJet chief Johan Lundgren will step down next year

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. EasyJet CEO Johan Lundgren will leave the budget airline after seven years in the top job and will be replaced by financial director Kenton Jarvis. Lundgren, who started his career as a tour guide and … Read more

Temu faces legal challenge over ‘manipulative practices’

Chinese online marketplace Temu is facing a legal challenge after 17 companies accused the company of breaking new EU laws with its “manipulative practices” and lack of transparency. It was the most downloaded app in Britain in 2023 and remains high in the Apple App Store charts. By means of Mickey Carroll, science and technology … Read more

Britain has AI talent, but it’s not enough

Stay informed with free updates Simply log in to the Artificial intelligence myFT Digest – delivered straight to your inbox. It’s the kind of insanely ambitious investment that seemingly only happens in Silicon Valley, at the top of a hype cycle: Pre-product, loss-making artificial intelligence startup raises $1.05 billion from SoftBank, Microsoft and Nvidia to … Read more