Netflix subscriber boost from password crackdown shows signs of fading

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Netflix posted a 15 per cent rise in revenues in the third quarter to $9.8bn, slightly ahead of expectations, while subscriber numbers rose despite the numbers of global smash hits being squeezed by last year’s…

Naming and shaming plans will only hit ‘a few’ companies, says FCA chief

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK financial watchdog has tried to reassure critics of its plans to publicly “name and shame” more companies it investigates by saying the changes will only have an impact in “relatively few cases”….

New York art consultant pleads guilty to stealing $6.5mn from clients

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former art adviser to stars including Leonardo DiCaprio has pleaded guilty to defrauding clients out of $6.5mn to fund what prosecutors claim was a “lavish” New York City lifestyle.   Lisa Schiff, who ran a…

the ‘sociopathic’ architect of Hamas’s October 7 attack

For more than a year, Israel’s most wanted man proved elusive as the weight of the Israeli military hunted him through the ruins of Gaza. But Israel’s relentless search for Yahya Sinwar finally ended in a bombed-out building in the besieged strip’s south. On Thursday, Israel’s foreign minister Israel Katz said Sinwar “was killed today…

The tech sector should brace for further turbulence

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Whatever happened to the rotation out of tech stocks? Through large parts of July and August, Wall Street investors seemed to be shaking off their addiction to a handful of big tech companies that had…

Trump hawks merchandise as White House race enters final stretch

Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Donald Trump is using the final stretch of the White House race to sell everything from crypto tokens to watches, books and jewellery to millions of fans, boosting his family’s finances on…

Iran foreign minister visits Egypt as leaders try to contain regional war

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran’s foreign minister has met Egypt’s President Abdel Fattah al-Sisi in the first visit to Cairo by an official from the Islamic republic in more than a decade, as diplomats step up efforts to avoid…

US Secret Service needs new leadership after attempt on Trump’s life, review finds

Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House The US Secret Service should change its leadership, a review into the “failures and breakdowns” that led to the attempted assassination in July of former president Donald Trump has found. The 52-page…

EU considers including Elon Musk’s business empire to calculate potential X fine

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk could face a hefty fine as European regulators look at including revenues from the billionaire’s business empire to calculate a potential fine against social media platform X. Under the bloc’s Digital Services Act…