Meta to cut 10% of jobs to ‘offset’ Zuckerberg’s AI spending
Social media group plans to spend $135bn on data centres this year
China hackers steal western secrets by targeting consumer gadgets
Compromised home internet routers and smart fridges are being used in cyber attacks, intelligence agencies warn
US Navy secretary fired amid Iran blockade
John Phelan ousted after clashing with defence secretary Pete Hegseth
The welcome return of German military might
A defence strategy sets the right direction for dealing with the Russian threat
UK in talks with Anthropic over Mythos access for banks
British lenders seek advice from US groups testing powerful new cyber security AI model
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Tanzania inquiry finds more than 500 people died in election violence
Human rights groups estimate toll far higher in what they describe as ‘Tiananmen Square moment’
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Microsoft to offer 7% of US staff voluntary redundancy for the first time
Long-serving employees given option for buyouts as it prepared to spend $140bn on AI investment this year
South Africa’s new Trump whisperer
Sending a white Afrikaner as ambassador to the US is a diplomatic masterstroke
Man Group hit by single $6.1bn redemption
Withdrawal from one investor threatens to slow efforts to expand beyond hedge fund division
UK public sector borrowing hit £12.6bn in March as Iran war strains finances
Higher energy prices stoked by conflict have resulted in higher borrowing costs for government
Five stars for La Scala’s Pelléas et Mélisande — so exquisitely potent you’ll blush
Romeo Castellucci’s spellbinding production in Milan demonstrates a complete mastery of his craft
Korean Messiah — how Christianity shaped the Kim personality cult
Jonathan Cheng’s rigorous, revealing history traces the dynasty’s founding myths — and what they mean for the country’s place in the world today
KPMG to axe 10% of US audit partners
Cull comes after years of low uptake for voluntary retirement scheme
Six films to watch this week
Michael Jackson biopic ‘Michael’ plays it blandly safe; Anne Hathaway and Michaela Coel in intense two-hander ‘Mother Mary’; a CIA man reveals all in ‘The Last Spy’; Japanese horror ‘Exit 8’; Jude Law as Putin and Paul Dano as his whisperer in ‘The Wizard of the Kremlin; Josh O’Connor is terrific in
Warner Bros shareholders approve $111bn Paramount deal
Entertainment group’s investors delivered a protest vote against CEO David Zaslav’s $700mn pay package
Mother Mary — a knowingly overblown paean to pop and power
Anne Hathaway and Michaela Coel give life to David Lowery’s two-hander about a star singer and her costumier before its ideas unravel
The Last Spy — a veteran CIA operative tells all
Peter Sichel, who headed the postwar Berlin branch, offers insight on Iran and beyond with charm and pragmatism
Exit 8 — Japanese horror riffs on the nightmare of commuting
The Tokyo subway is the scene for Genki Kawamura’s bracingly weird video game adaptation
Tesco and Sainsbury’s wisely stock up on market share
Both supermarkets want to avoid giving back any of their hard-won ground
FT quiz: the week in news
Ten topical questions to test your news nous
How many people would Reform UK deport?
At least 2mn are at risk but the plans are ambiguous and their effect hinges on Labour’s own decisions