Crypto’s Trump card
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 15 November 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
The Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft’s cloud computing business, and the FT’s Katie Martin explains why the post-election excitement around crypto comes down to vibes and vision. Plus, Disney’s earnings jumped 39 per cent, and Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade.
Mentioned in this podcast:
FTC to investigate Microsoft over cloud dominance
Bitcoin’s big bang moment is impossible to ignore
‘Deadpool & Wolverine’ drives earnings revival at Disney
Warren Buffett’s Apple share sales and cash pile spark intrigue over motives
The Onion to acquire Infowars out of bankruptcy
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | equinore.co.uk. |
| 0:32.6 | Good morning from the Financial Times. |
| 0:35.4 | Today is Friday, November 15th, and this is your FT News Briefing. |
| 0:40.3 | A regulatory storm is coming for Microsoft's cloud. And crypto markets have gone nuts over Donald Trump. |
| 0:49.5 | Plus, what's up with Warren Buffett's selling spree? |
| 0:53.3 | And by my math, he sold about $166 billion worth of stock, |
| 0:57.5 | pushing the company's cash pile to a record level. |
| 1:00.4 | I'm Sonia Hudson, and here's the news you need to start your day. |
| 1:20.4 | The U.S. Federal Trade Commission is getting ready to launch an investigation into Microsoft. |
| 1:26.2 | It'll be looking at anti-competitive practices at the tech giant's cloud computing business. |
| 1:29.6 | Specifically, the allegation that Microsoft is trying to prevent customers from moving their data from its service to a competitor's. The probe is a sign |
| 1:36.7 | that the FTC is going to keep cracking down on big tech in the final days of Joe Biden's presidency. |
| 1:43.7 | President-elect Donald Trump will probably |
... |
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