
FT News Briefing
China makes a show of corporate raiding
May 11, 2023
Disney is turning tides with reduced streaming losses as it hikes subscription fees. Meanwhile, U.S. inflation is dipping, hitting its lowest point since 2021. China is intensifying its crackdown on foreign consultancies like Capvision and Bain, raising concerns over foreign investments. Additionally, conflicting priorities in China are complicating the business landscape. On a different note, Spotify is cleaning house by removing thousands of AI-generated songs after controversies over fake streams.
08:18
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.