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FT News Briefing

Atrocities prompt more calls to ban Russian energy

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 5 April 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

The venerable venture capital firm, Sequoia Capital, has announced a change in leadership, Elon Musk has bought a nearly-10 per cent stake in Twitter, French president Emmanual Macron has called for a ban on Russian oil and coal. 


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Mentioned in this podcast:

EU moves closer to boycott of Russian energy

Twitter/Elon Musk: social media star becomes social media owner

Huawei faces dilemma over Russia links that risk further US sanctions


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. 


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

The FT News Briefing is supported by Equinole, the UK's energy partner.

0:06.3

Learn more at equinole.co.uk

0:09.8

Good morning from the Financial Times.

0:11.3

Today is Tuesday, April 5th, and this is your FT News Briefing.

0:18.0

One of Silicon Valley's most influential venture capital firms is going to have a new leader.

0:22.9

A Chinese technology giant is caught between opportunity in Russia and US sanctions,

0:28.1

and in Europe calls to cut energy ties with Russia are growing louder.

0:32.8

Plus Elon Musk has taken a huge stake in Twitter.

0:37.2

It is unusual for any individual CEO to take a personal stake in another company,

0:43.4

between one that doesn't necessarily have relevance to his industry or expertise.

0:47.6

But with Elon, everything's on the table, I guess.

0:50.4

The FT Suji in-depth will help us figure out Musk's latest move.

0:54.8

A Mark Filipino, and here's the news you need to start your day.

1:07.1

The venture capital firm Sequoia Capital is a bedrock of Silicon Valley.

1:11.3

For the past 50 years, it's back tech companies that have reshaped a consumer and corporate life

1:16.0

including Apple and Google. Yesterday announced a rare leadership change.

1:20.8

Ruloth Bohta will take over in July when the current CEO Doug Leon retires.

1:26.3

Bohta now runs Sequoia's US and European operations.

1:29.7

This is only the third leadership change in the firm's history.

1:33.2

But the new head of Sequoia won't have full control of the firm's global operations,

1:38.3

a letter to investors spelled out limits to Bohta's new role, especially when it comes to Sequoia's

1:43.9

China operation.

...

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