FT News Briefing

Discover the heated debate surrounding social media's impact on mental health, especially among young users. Personal stories reveal the anxiety stemming from online pressures. Legislation is on the rise to address these issues, but questions linger about its effectiveness. Experts discuss the dark side of social platforms, including child safety and the trafficking of antiquities. A Cambridge researcher sheds light on the complex relationship between social media usage and mental well-being. Can we find a balance between protection and engagement?

The Nasdaq Composite faced a sharp decline, driven by disappointing earnings from major tech companies. In Thailand, the election winner's parliamentary suspension raises questions about democracy and stability. Meanwhile, exciting breakthroughs in Alzheimer’s treatment are highlighted, with new drugs showing promise in slowing disease progression. The podcast also discusses advancements in diagnostic tools and innovative blood tests for early detection, emphasizing the importance of ongoing research in the fight against Alzheimer’s.

Netflix's crackdown on password sharing has surged its subscriptions by nearly 6 million. Meanwhile, UK inflation has unexpectedly dropped to a 15-month low of 7.9%, boosting market optimism. Ukraine’s armed forces face tough challenges with Russian mines, raising concerns about their progress. In Spain, political tensions build ahead of a snap election, potentially reshaping the country's leadership. Tune in for insights on these critical developments shaping the economic and geopolitical landscape.

In a bold move, Russia targets Western food and beverage companies, seizing assets amid escalating tensions. Notably, oligarchs focus on firms like Danone and Carlsberg. Meanwhile, major investment banks grow bearish on the dollar, anticipating economic shifts. Southern Europe grapples with extreme heat waves, pushing communities to adapt quickly to climate challenges. Additionally, a high-profile figure takes legal action against a car manufacturer, sparking discussions on corporate accountability and the repercussions of misconduct.

China's economy is grappling with serious challenges, including high youth unemployment and a struggling property sector. The discussion highlights the contrast between China's limited stimulus measures and the more proactive approaches seen in the West. Meanwhile, Ford's drastic price cuts for electric trucks stir concern among investors. Additionally, BlackRock's move to give retail investors a bigger say in corporate governance sparks debate about the future of shareholder democracy.

The EU is ramping up pressure on major polluters to accelerate emission cuts. Meanwhile, large U.S. banks are reaping substantial profits from increased loan rates. On the political front, the UK Conservative Party is facing significant challenges with high inflation and scandals, raising questions about their unity and leadership as they gear up for the next general election. Labour's strategy under Keir Starmer also plays a crucial role, especially with impending by-elections that could reshape the political landscape.

Mark Zuckerberg's early decision to prioritize a vision over lucrative buyout offers changed the trajectory of Facebook. As social media's ad model evolves, questions arise about its sustainability. The push towards the metaverse showcases both ambition and the challenges of a saturated ad market. Declining engagement among younger users signals a transformation in social media dynamics, raising concerns about the platform's impact on youth. The podcast features insights from Silicon Valley veterans on these pressing topics.

The UK is strengthening its ties with Saudi Arabia by inviting Crown Prince Mohammed bin Salman for a visit. Meanwhile, US regulators are scrutinizing the company behind ChatGPT over AI risks. In China, youth are facing a staggering unemployment rate of 20.8%, with many graduates struggling to find decent jobs. The discussion also dives into the challenges leaders will face as they prepare for the upcoming climate talks, highlighting the importance of effective communication and proactive strategies.

US inflation has cooled to 3%, the lowest in over two years, leading to discussions about its sustainability and its impact on interest rates. The junk bond market has shrunk by nearly $200 billion since its peak in 2021, raising concerns for companies and investors. Tensions flared at a recent NATO summit as Ukraine's membership prospects were debated, alongside troop increases and shifting alliances. Amidst these geopolitical challenges, Disney navigates corporate changes with CEO Bob Iger's extended leadership.

A UK minister seeks over £2 billion to boost public sector pay amid financial strains. Meanwhile, JPMorgan is eyeing clients from the fallen Silicon Valley Bank and expanding its startup banking team abroad. A significant court ruling has cleared the way for Microsoft's acquisition of Activision, stirring discussions on competition in gaming. The evolving landscape of tech regulations and Frances Haugen's insights as a whistleblower highlight the push for greater corporate accountability.