TOKYO — Embattled Japanese automaker Nissan has tapped Jeremy Papin, who was overseeing its U.S. operations, as its chief operating officer in a major management reshuffle billed as key to a turnaround. The move, announced in the United States Thursday, means Papin, chairman of Nissan’s Americas Management Committee, replaces Stephen Ma, who will oversee Nissan…
Terence Crawford is eyeing a fight with fellow four-division champion Saul “Canelo” Alvarez, and he’s not shy about explaining why he thinks it’s the defining legacy moment in boxing. He’s laid it all out during the World Boxing Council Convention, spelling out why fans should settle in and take note. As Crawford puts it: “That…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London Stock Exchange is on course for its worst year for departures since the financial crisis, as fears mount that more FTSE 100 businesses will quit the UK in favour of New York. A…
The long-awaited end of the green bubble NurPhoto via Getty Images Republished on December 9 with new FBI encryption warning that could mean the end of blue bubbles as well, a game-changer for all iPhone users. Apple seems all set to launch iOS 18.2 next week, bringing the long-awaited release of feature-rich Apple Intelligence tools…
OpenAI’s Sam Altman is reckoning with an unpredictable force that threatens his ambition of transforming the start-up into a trillion-dollar company: Elon Musk. Since Donald Trump was elected president in November, executives at the ChatGPT-maker have been preparing to deal with the incoming US administration — a process complicated by Musk’s emergence as a pivotal…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of the Bank of Canada has warned Donald Trump’s plans to impose high tariffs on Canadian imports would have a “dramatic” impact on the country’s weakening economy, as rate-setters cut interest rates by…
A new artificial intelligence-driven video generator launched on Monday and due to high demand, it is temporarily unavailable to new users. On Monday, OpenAI, parent company of software like ChatGPT and photo generator DALL-E, launched Sora, an artificial intelligence video generator. The software allows users to create “realistic videos” from text, photos and other videos….
MicroStrategy has raised almost $20bn from investors this year to buy bitcoin, fuelling a meteoric rise for the once-obscure software company into the Nasdaq 100 index of large-cap US technology stocks. A combination of selling shares and convertible bonds has funded a one-way bet on a rocketing bitcoin price that, despite a sell-off in recent…
Summary Third-party company Dbrand possibly leaked an image of the upcoming Nintendo Switch 2 console. Dbrand’s accessory case suggests new features for the Switch 2, including an extra button. Third-party accessories manufacturer Dbrand might have leaked a look at the highly anticipated follow-up to the Nintendo Switch. The leaks come right as anticipation for a…
Chinese President Xi Jinping is unlikely to attend the US presidential inauguration in January despite an invitation from Donald Trump, according to two people familiar with the planning. China’s ambassador to the US is expected to attend and other officials from Beijing may also join him, the sources told the BBC’s US partner CBS News….
