FT News Briefing Wednesday, December 4
Dec 4, 2019
Google's co-founders are stepping back from Alphabet, signaling a major shift in the tech landscape. Kamala Harris's exit from the 2020 presidential race creates ripples in the political arena. Tensions arise at the NATO summit as Trump's criticisms come to the forefront. The impeachment inquiry intensifies, with House Democrats accusing the president of abuse of power. The podcast examines the intricate details of impeachment processes and the broader implications for future elections.
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Google Founders Step Down
- Larry Page and Sergey Brin stepped down from their roles at Alphabet, Google's parent company.
- Sundar Pichai, Google's CEO, will replace them, overseeing moonshot projects like Waymo and Calico.
Harris Exits Race
- Kamala Harris ended her 2020 presidential campaign, citing lack of funds.
- She pointed out her inability to self-fund, unlike some other candidates.
NATO Summit Tensions
- The NATO summit in London began with tension as Trump criticized Macron's "brain death" comment about NATO.
- Trump also suggested France might leave NATO, escalating existing tensions over trade tariffs.