FT News Briefing Atrocities prompt more calls to ban Russian energy
Apr 5, 2022
Sequoia Capital is shaking things up with new leadership. Meanwhile, Elon Musk is making waves by acquiring a nearly 10% stake in Twitter, stirring discussions in the market. French President Emmanuel Macron is pushing for a ban on Russian oil and coal, raising questions about Europe's energy reliance. The podcast also delves into how billionaire investments can dramatically shift company dynamics and market trends, alongside significant updates on Huawei and exciting breakthroughs in fusion energy.
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Sequoia Capital Leadership Change
- Sequoia Capital, a prominent Silicon Valley venture capital firm, has announced a leadership change.
- Rulof Bota will succeed Doug Leone as CEO, marking only the third leadership transition in the firm's 50-year history.
Calls for Russian Energy Ban
- French President Emmanuel Macron called for a ban on Russian oil and coal following reports of atrocities in Ukraine.
- The EU is considering escalating sanctions, but Europe's dependence on Russian energy poses a challenge.
Elon Musk's Twitter Investment
- Elon Musk, Tesla's CEO, acquired a nearly 10% stake in Twitter, becoming the largest individual shareholder.
- This move raises questions about Musk's intentions, ranging from investment to potential influence over the platform.