Wednesday, December 4

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 4 December 2019

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Google co-founders Larry Page and Sergey Brin step back from their day-to-day roles at Alphabet, US senator Kamala Harris drops out of the 2020 presidential race and the 70th-anniversary summit of Nato begins on a fractious note. Plus, US House Democrats have accused Donald Trump of abusing his office for political gain. The FT’s Peter Spiegel unpacks the report that will pave the way for articles of impeachment and a trial in the Senate.

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Transcript

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0:00.0	The UK's energy partner.
0:06.0	Learn more at equinore.
0:10.0	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Wednesday, December 4th. Good morning from the newsroom of the Financial Times.
0:12.5	Today is Wednesday, December 4th, and this is your FT news briefing.
0:18.1	The founders of Google are stepping down from their day-to-day roles at alphabet. U.S. presidential candidate
0:24.0	Kamala Harris drops out of the 2020 race and the NATO summit in London is shaping up to be
0:29.6	an event that divides the alliance instead of strengthening it.
0:33.0	Plus, Democrats accuse President Trump of abusing his office in a new report
0:38.0	as they push ahead in the next phase of the impeachment inquiry.
0:42.0	I'm Mark Filipino, and here's the news you need to start your day.
0:47.0	About 21 years ago Larry Page and Sergei Brin founded Google as students at Stanford University.
0:55.9	Now the two co-founders are stepping down from their roles at the tech group's parent company
1:00.2	Alphabet.
1:01.2	Yesterday the company announced that Sundar Pichai, the Google Chief Executive, will step
1:05.9	into the top job at Alphabet.
1:08.3	Mr. Pichai had been managing Google's internet business for the past four years, and now he'll be running the company's other technology
1:14.9	projects that it calls moonshots.
1:17.5	These include the Waymo Driverless Car Unit and the health care company, Calico. But even with the change of roles, Mr. Page and Mr. Bryn
1:25.4	control more than 51% of the votes in alphabet thanks to a special class of stock.
1:30.4	The company said the dual will, quote,
1:33.0	continue their involvement as co-founders,
	...

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