Wednesday, July 24

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 24 July 2019

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Boris Johnson wins the UK Conservative party leadership race to become prime minister, the US Department of Justice announces a broad investigation into Big Tech’s market power, American officials are preparing a trip to China before the end of July in a bid to reignite trade talks, Snapchat’s parent company exceeds revenue estimates and boosts user numbers in the second quarter and WeWork aims to publicly list its shares as early as September.

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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, July 24th. Good morning from the Newsroom of the Financial Times.
0:12.7	Today is Wednesday, July 24th, and this is your FT news briefing.
0:18.8	The US Department of Justice has announced a broad investigation
0:22.2	into whether tech companies are harming consumers,
0:25.0	and Washington plans to re-ignite trade talks with Beijing.
0:29.0	Plus, user numbers grow at Snapchat after a rocky 2018 and the shared office space provider
0:35.3	rework could go to the stock market as early as September. But first we take a
0:40.7	look at a new era in British politics.
0:44.0	I'm Mark Filipino, and here's the news you need to start your day.
0:51.0	Boris Johnson has been crowned the leader of the Conservative Party.
0:54.0	He's set to become the UK's next Prime Minister, replacing Theresa May.
0:59.0	Mr. Johnson took the stage in Westminster on Tuesday to remind fellow MPs and Tory activists
1:05.8	of his campaign mantra.
1:07.1	Deliver Brexit, unite the country and defeat Jeremy Corbyn.
1:13.0	And that is what we're going to do.
1:15.0	Mr Johnson beat Foreign Secretary Jeremy Hunt by an almost 2-1 margin.
1:21.0	His roughly 92,000 votes well outpaced Mr Hunt's 46.5,000.
1:27.4	Theresa May will make a farewell speech at 10 Downing Street today before tendering her resignation
1:32.2	to the Queen. The next Prime Minister
	...

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