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The Latest Breaking News from FT

A new Khamenei as Supreme Leader, oil above $100: Did Trump miscalculate Iran?

Operation Epic Fury escalates as Iran installs Mojtaba Khamenei as supreme leader following his father's death. With oil prices soaring above $100 a barrel and attacks widening across the region, the conflict is morphing into a larger, riskier war with no clear end in sight.

The Times of India

Palmer Luckey’s retro gaming venture seeks $1 billion valuation as FPGA-based Nintendo 64 clone launch nears — ModRetro's M64 console plays original N64 cartridges, supports 4K resolution

Palmer Luckey is said to be in talks with investors to raise funds for ModRetro at a $1 billion valuation as the retro gaming company prepares to ship its second product.

Tom’s Hardware

Forget the U.S. Navy, the best protection for ships traveling through the Strait of Hormuz may be claiming to be a 'Chinese' or 'Muslim' vessel

Most ships in the U.S. Navy’s fleet are in port or in maintenance and training, with less than a fifth of the force at sea for operations, according to CSIS.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

UK supermarket chain Iceland drops trademark dispute with Iceland

Company promises ‘rapprochement discount’ for shoppers from country after decade-long action in EU court

The Guardian - UK

Why Khamenei’s death could become Trump’s most expensive victory

President Trump's decision to eliminate Iran's Supreme Leader Ayatollah Ali Khamenei has dramatically altered the Middle East. While a tactical victory, the move has triggered regional missile exchanges and rising oil prices. Analysts warn that removing Khamenei, who controlled escalation, may lead to a more unpredictable and volatile Iran, posing…

The Times of India

"Cancel ChatGPT" movement goes mainstream after OpenAI closes deal with U.S. Department of War — as Anthropic refuses to surveil American citizens

After Anthropic refused flat out to agree to apply Claude AI to autonomous weapons and mass surveillance of American citizens, OpenAI jumps right into bed with the United States Department of War.

Windows Central

Guardian joins media coalition to protect original journalism from unpaid use by AI

BBC and Financial Times among those calling for frameworks to help publishers gain control over their content being ‘scraped and copied’

The Guardian - UK

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Conflict calculus: Why Khamenei is betting on war with US for regime survival

The United States has built up one of its largest Middle East deployments in years, with two aircraft carriers moving into position and additional warships and aircraft arriving in the region. The State Department has also begun thinning out exposed outposts. Meanwhile, Iran is preparing itself for a protracted war…

The Times of India

Reports claim an AWS outage last year was caused by an AI coding tool deciding to 'delete and recreate the environment' from scratch, while Amazon says 'misconfigured access controls' were to blame

The vibes may have been off.

PC Gamer

Lagarde in hot water over ‘additional’ BIS salary despite ECB limits on extra pay

The ECB President is facing backlash after disclosing she earns over €140,000 a year as a board member for the Bank for International Settlements (BIS). ECB policy bans regular staff from accepting third-party payments.

Euronews

Recent AWS issues blamed on AI tools - at least two incidents affected some Amazon services

Amazon asserts they were "user error, not AI error."

TechRadar

AWS suffered ‘at least two outages’ caused by AI tools, and now I’m convinced we’re living inside a ‘Silicon Valley’ episode

Amazon’s cloud storage unit AWS reportedly suffered at least two outages in December due to “errors involving its own employees.” And as I read this report from Financial Times, I couldn’t help but think that somewhere, the writers of “Silicon Valley” were nodding knowingly.

Tom’s Guide

China brain computer interface outfit accelerates to human trials in quest to outpace Neuralink — mix of government backing and investor enthusiasm speeds time to market for NeuroXess

China could overtake the US in brain computer interface (BCI) technology leadership thanks to streamlined planning, regulatory approval, and financing.

Tom’s Hardware

Why the Adani Group is facing scrutiny over new allegations of secret investments

The Adani Group is making international headlines again.

Newslaundry

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Euronews

ECB says 'no decision made' on Lagarde's potential early exit amid reports

Reports on Wednesday indicated Christine Lagarde could step down as ECB President before her mandate expires in October 2027. The ECB asserted that no decision has been made and that the President is focused on her mission, in a response to Euronews.

Fortune

One of Stanford's original AI gurus says productivity liftoff has begun after doubling in 2025 amid transition to 'harvest phase' along J-curve

"We are transitioning from an era of AI experimentation to one of structural utility."

Euronews

Metals retreat on reports Trump may soften aluminium tariffs

The metal fell in morning trade alongside zinc, nickel, and lead as investors digested reports the White House could ease duties ahead of November’s midterms.

The Guardian - UK

Trump ‘plans to roll back’ some metal tariffs; US inflation weaker than expected in January - business live

Rolling coverage of the latest economic and financial news

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Windows Central

Microsoft confirms plan to ditch OpenAI — as the ChatGPT firm continues to beg Big Tech for cash

Google Deepmind co-founder and Microsoft AI lead Mustafa Suleyman suggests that the big tech firm is moving away from OpenAI reliance, as the latter's financials look increasingly dire.

Windows Central

Microsoft might be getting U.S. tariff exemptions on chips supplied by TSMC — potentially dramatically lowering costs

One of the biggest problems facing Microsoft's capex pertains to chip tariffs, and the U.S. might finally be waking up to the self-inflicted pain it's causing.

The Independent UK

Furious JP Morgan staff push back at CEO Jamie Dimon’s 5-day office return edict

About 2,000 employees have signed a petition asking for the return-to-office mandate be dropped

Evening Standard

Stocks close higher as pressure mounts on Starmer

The leader of Scottish Labour, Anas Sarwar, has said Sir Keir Starmer should quit.

The Times of India

Not only in India, US embassy in London denying visas to executives citing 'minor offences' of 1970s

Immigration lawyers in London are turning away clients with any criminal history as they know the US embassy in London will reject these visas no matter what positions these visa seekers hold or their purpose of visit to the US. Financial Times reported that the US embassy in London is…

The Guardian - AU

‘Blame me’: what the UK papers say as Morgan McSweeney quits over Mandelson-Epstein scandal

British papers explore what’s next for prime minister Keir Starmer after the loss of his longtime adviser over the Mandelson-Epstein files scandal

The Guardian - UK

Barclays reportedly cuts ties with lobbying firm co-founded by Peter Mandelson

Vodafone also reviewing its contract with Global Counsel after revelations of former minister’s links to Jeffrey Epstein

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