Race at work since George Floyd
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 31 May 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
US chipmaker Qualcomm wants to build a stake in Arm alongside rivals, and how does commodities trader Glencore rescue its reputation after pleading guilty to multiple counts of bribery and market manipulation? Plus, Federica Cocco explains whether businesses are sticking to their diversity promises two years after the police murder of George Floyd.
Mentioned in this podcast:
Qualcomm eager to invest in Arm alongside rivals in upcoming IPO
‘Bribery built into the corporate culture’: can Glencore rescue its reputation?
Race at work: how hard are companies really trying?
Have you changed your money habits recently in response to bad news about the economy? Send us a voice memo with your name, where you’re from and what you’re doing to marc.filippino@ft.com.
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva 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
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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 |
| 0:09.9 | Good morning from the Financial Times. |
| 0:11.6 | Today is Tuesday, May 31. |
| 0:13.7 | And this is your FT News Briefing. |
| 0:17.9 | The major chipmaker wants to band together with its rivals, |
| 0:21.3 | and how does a Swiss mining company rebound after years of bribery scandals? |
| 0:26.8 | Plus, we'll take a look at whether companies kept their promises |
| 0:29.4 | to address racism two years after the police murder of George Floyd. |
| 0:33.7 | There was a lot of donations, external events, |
| 0:37.0 | but generally people felt like there were a lot more words than actual deeds. |
| 0:41.7 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:48.0 | The head of Qualcomm wants to shake up the semiconductor industry, |
| 0:51.3 | and he wants to do it with Qualcomm's rivals. |
| 0:54.4 | The goal is to invest in the major chip designer R. |
| 0:58.0 | If the name sounds familiar, it's because Softbank tried and failed to sell this company to chip |
| 1:04.0 | maker, Nvidia, for an astounding $66 billion. |
| 1:09.1 | Just to give you a sense of arms scale, |
| 1:11.1 | its chip designs are in over 95% of smartphones around the world. |
| 1:15.5 | But they're also in computers, TVs, cars, data centers. |
| 1:19.7 | That's the FT's anagross. |
| 1:21.2 | She recently spoke to Cristiano Aiman, the head of Qualcomm. |
... |
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