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FT News Briefing

Investors gear up for ‘gold rush’ in metaverse hardware

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 10 January 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Read a transcript of this episode on FT.com

https://www.ft.com/content/51351f23-63b8-458c-9ee2-a7cbda43c287


Nato has warned Moscow to abandon its belligerent foreign policy or face a military alliance steeled for conflict, frustration over corruption in Portugal is the hot button issue for voters in this month’s election, and UK financial regulators plan to take a close look at cloud computing companies. Plus, the FT’s Asia business editor, Leo Lewis, explains why investors are ready to pour money into metaverse hardware makers. 


West treads narrow path to common ground in Russia talks

https://www.ft.com/content/a1311bb7-7083-4491-89d7-2912289ebe68


Trust in Portugal’s elite wanes over struggle to tackle corruption

https://www.ft.com/content/8a7b799e-2732-4979-ab49-c5cbf8587ce7


Investors gear up for ‘gold rush’ in metaverse hardware

https://www.ft.com/content/182bb2a7-b4e4-4d0d-8178-4cd9b4c225c4


UK financial regulators to step up scrutiny of cloud computing giants

https://www.ft.com/content/29405a47-586b-4c5a-b641-0f479b4cee1d


M&S steals retail crown back from upstart online rivals

https://www.ft.com/content/67ff963d-8883-47d6-ba69-f30721efd006


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. 


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Transcript

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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.

0:09.7

Good morning from the Financial Times.

0:11.3

Today is Monday, January 10th.

0:13.3

And this is your FT News Briefing.

0:18.3

US officials sit down with Russian diplomats today for high stakes talks.

0:22.6

Voters in Portugal are fed up with corruption,

0:25.4

and British regulators are taking a closer look at cloud companies.

0:29.8

Plus, the FT's Leo Lewis says investors are excited about the metaverse

0:34.0

and not just the software developers, but hardware makers too.

0:37.8

There's a lot of hope attached to the idea that Apple

0:40.7

might come up with a pair of goggles that do for VR head sex.

0:45.3

What Apple did back in the mid-2000s for smartphone.

0:49.4

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

0:52.9

Today, US officials are set to meet with Russian diplomats in Geneva.

1:02.9

It's the first of several meetings to address military tensions on the border with Ukraine.

1:07.6

There aren't high expectations that the two sides will come to an agreement though.

1:11.6

Russia now has about 100,000 troops amassed on Ukraine's eastern border,

1:16.2

and it's threatened military action if the US and NATO ignore Moscow's demands for new defense

1:21.2

agreements. One of those demands would reduce US and NATO capabilities in former communist countries.

1:27.6

US and European officials will counter with their own demands.

1:30.8

Yesterday, NATO Secretary General Yann Stoltenberg said NATO was prepared for,

...

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