Jack Dorsey’s Bluesky takes on Twitter
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 10 May 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
Donald Trump has been found liable for the sexual abuse of a journalist in a Manhattan department store in the 1990s, Ireland plans to set up a sovereign wealth fund with its bumper budget surpluses, and China’s foreign minister has condemned EU proposals to impose sanctions on Chinese companies for supporting Russia’s war machine. Plus, the FT’s Hannah Murphy talks about one of the latest challengers to Twitter, Jack Dorsey’s Bluesky.
Mentioned in this podcast:
Donald Trump found liable in civil lawsuit over writer’s sexual abuse
Ireland to propose creation of sovereign wealth fund
China vows to retaliate against EU sanctions on its companies
Jack Dorsey’s Bluesky emerges as latest challenger to Elon Musk’s Twitter
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:10.2 | Good morning from the Financial Times. |
| 0:12.2 | Today is Wednesday, May 10th, and this is your FT News Briefing. |
| 0:19.1 | Donald Trump has been found liable for sexual abuse of a journalist. |
| 0:23.8 | Ireland is swimming in tax revenues, and it has a plan for what to do with it all. |
| 0:29.6 | And we'll talk about one of the new social media sites that emerged since Elon Musk took over Twitter. |
| 0:36.0 | Right now, blue skies main offer is that it is not Twitter. |
| 0:41.8 | I'm Sonia Hudson in for Mark Filipino, and here's the news you need to start your day. |
| 0:53.9 | A jury handed down a ruling yesterday and one of the several legal challenges |
| 0:58.4 | facing former US President Donald Trump. Trump was cleared of a rape allegation in a civil |
| 1:04.8 | lawsuit brought by the writer and TV personality, Eugene Carroll. The jury did find Trump liable |
| 1:11.2 | in a separate claim of sexual abuse of a journalist. jurors ordered Trump to pay |
| 1:16.8 | Carroll $5 million in damages. Trump is currently campaigning to become the Republican nominee for |
| 1:24.5 | President, and recent polling shows that he's still overwhelmingly popular among right-wing voters. |
| 1:37.1 | Ireland has what one economist calls an embarrassment of riches. |
| 1:42.2 | The government is a wash in corporate tax revenues thanks to all the global tech and pharmaceutical |
| 1:48.0 | firms that have headquarters there. So what does a government do with all that money? |
| 1:54.5 | Well, it plans to set up a sovereign wealth fund to invest it. Here's the FT's Ireland correspondent |
| 2:01.5 | Jude Weber. So I think it is very significant that Ireland is saying we'll take this money, |
| 2:06.4 | but we'll put it on one side, we'll try and maximize it, and then we'll have money |
| 2:10.8 | to use in the future. It sometimes islands been a bit more spend-thrift in past decades, |
... |
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