How Covid-19 finally caught up with Taiwan
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 1 June 2021
⏱️ 9 minutes
🧾️ Download transcript
Summary
The surge in pet ownership during the pandemic has helped propel the group behind pet insurer Bought By Many to a valuation of more than $2bn, and a director at the company behind the video game Final Fantasy says 5G could disrupt the reign of the console. Plus, the FT’s greater China correspondent, Kathrin Hille, tells us how Taiwan is dealing with the latest wave of Covid-19 and how it’s affecting chipmakers
Lockdown pet boom helps insurer to $2bn valuation
https://www.ft.com/content/019cce7c-21e7-462c-b8ab-573a35218d7a
‘Final Fantasy’ producer says 5G will end games console’s long reign
https://www.ft.com/content/0fa963d8-1de8-4390-b3db-8e9908510605
Taiwan imposes strict social curbs to stem its worst Covid outbreak
https://www.ft.com/content/85604b0b-e7aa-4e26-a547-b3d27b262e6b
Covid-stricken Brazil to host Copa America football tournament
https://www.ft.com/content/c3658bcf-695b-4e3e-9625-41b170e8248c
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Good morning from the Financial Tunt. Today is Tuesday, June 1st. |
| 0:03.7 | And this is your FT News Briefing. |
| 0:08.4 | A video game industry insider says 5G could spell doom for gaming consoles. |
| 0:13.3 | We'll tell you about another business that surged during the pandemic. |
| 0:16.4 | And it has to do with pets. Plus Taiwan was the poster child for containing coronavirus. |
| 0:22.8 | And now the island is dealing with a COVID-19 outbreak. |
| 0:26.5 | For the first time since COVID started, we have what everyone else went through last year. |
| 0:33.5 | I'm Mark Filipino. Here's the news you need to start your day. |
| 0:41.6 | Did you maybe get a cat or a dog over the past year? |
| 0:45.6 | Well, if you did, as we all know well, you weren't the only one. |
| 0:49.6 | In the UK alone, more than 3 million households welcomed a fur baby during lockdown. |
| 0:55.6 | The pandemic pet boom has been great for the pet insurance industry. |
| 0:59.0 | And it boosted the valuation of one pet insurance group called |
| 1:02.4 | many group to more than two billion dollars. |
| 1:05.3 | The group operates the UK pet insurer called BobbyMini. |
| 1:08.5 | And also many pets in Sweden and the US. |
| 1:11.9 | The US is now the group's fastest growing market, |
| 1:14.4 | only two out of 100 US pet owners buy insurance, |
| 1:17.9 | whereas almost a third of brits have policies for their pets. |
| 1:25.9 | A video game industry insider told the FT that 5G broadband is a threat to gaming consoles. |
| 1:33.6 | No key Yoshida is a director at Square Enix, the company behind the game's final fantasy and dragon quest. |
| 1:40.1 | He told the FT's Kana Inagaki that faster streaming speeds could accelerate the shift away from gaming hardware. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.