Digital avatar of Jair Bolsonaro tests Brazil’s AI election rules
Lawyers for former president insist he did not authorise the projection following legal challenge from leftwing groups
MoD’s Afghan data leak was ‘foreseeable systemic failure’, say MPs
Soldier accidentally disclosed the personal details of 25,000 people who had applied for relocation to Britain
Summer slowdown ‘sharper than usual’ for UK property sales
Higher mortgage rates and economic uncertainty have led to a market favouring buyers, new data suggests
FT Crossword: Number 18,439
School IB psychology class: Is AI killing critical thinking in the classroom?
Cognition
Qualcomm posts shrinking sales and profits as chip costs hurt smartphone market
Net income falls 25% as higher memory chip prices hit device business
Meta shares tumble as Zuckerberg tries to sell his vision for AI ‘agents’
Social media chief defends strategy based on personalised bots as costs rise and revenue projections disappoint
FirstFT: US borrowing costs hit 19-year high after Fed holds rates steady
Also in today’s newsletter: Mark Zuckerberg says US should not ban Chinese AI and SK Hynix profits disappoint
Microsoft’s cloud business boosts sales as capex climbs to $41bn
Revenue in tech group’s intelligent cloud segment surges 32% to $39.3bn
Infantino defends $20bn Fifa commercial venture after mounting backlash
President of world football’s governing body says plan to sell stake to investors ‘is an opportunity and not an obligation’
US borrowing costs hit 19-year high as Fed defies inflation fears
Central bank stands pat on rates even as investors worry Trump’s Iran war will ignite jolt of price growth
Oil prices surge after Trump says Iran will ‘get a beating’ for missile attack
Washington says Tehran launched an attempted ‘surprise attack’ on US military installations in the Middle East
Airbus profits surge as jet deliveries rise
World’s largest planemaker hands over 237 aircraft as supply-chain snags ease
For sale: Saba repellent
You’ve got a nice trust there. Would be a shame if something happened to it
Split Fed decision to hold rates in July
The committee reiterated that it would ‘deliver price stability’ but chair Kevin Warsh provided little information as to how
Fauci invokes Fifth Amendment at fiery Senate hearing on Covid-19
Republican lawmakers threaten to hold scientist in contempt for failing to answer questions
Ex-Goldman executive awarded £1.45mn after paternity leave ‘stigma’
Jon Reeves lost his job after he took six months off to look after his baby
Social care reform is a test of UK politics
Efforts to fix England’s broken system must answer the question: who pays?
Reality bites for South Korea’s memory chip wonder-stocks
Even the most stalwart boom believer must now reckon with nuance
Takaichi warns of ‘race against time’ to rescue Japan earthquake survivors
Powerful tremor in Kumamoto prefecture has left at least 14 dead
US oil inventories fall to ‘precariously low’ level as Iran war disrupts supply
Decline could erode ability to supply Asian and European markets dependent on supplies from the Middle East
Greggs shares soar as baker defies fears of sausage roll peak
UK chain has continued its expansion in face of scepticism over continued appetite for its sausage rolls
France moves to expel pro-Kremlin TV personality
Xenia Fedorova features prominently on media owned by billionaire Vincent Bolloré
Nvidia’s chips may be novel, but its ‘circular financing’ isn’t
Chipmaker is basically writing cheques to enable its customers to buy more of its products than they could otherwise afford