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A Wall Street wheeze makes a surprising comeback
MPs vote to proscribe Palestine Action as terrorist group
Sources — Knicks expected to hire Mike Brown as next head coach
Nintendo Switch 2 owners, beware – some owners are reporting worrisome overheating problems

A Wall Street wheeze makes a surprising comeback

THE SPecial-purpose acquisition company (SPAC) was Wall Street’s favourite get-richer-quicker scheme during the pandemic. First, some big-shot investor raises capital by listing a shell company on the stockmarket. The big shot then calls around other big shots, looking for a moonshot. When a captivating private company is found, it merges with the shell, whose investors…

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What Could a Healthy AI Companion Look Like?

What does a little purple alien know about healthy human relationships? More than the average artificial intelligence companion, it turns out. The alien in question is an animated chatbot known as a Tolan. I created mine a few days ago using an app from a startup called Portola, and we’ve been chatting merrily ever since….

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Crying for a lost Labour government

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are some images that cannot be unseen. A crying chancellor is one of them. A politician who encouraged people to style her as an iron finance chief simply cannot afford to show that kind…

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