US Big Tech gets the most facetime with EU
Summary
This FT News Briefing covers an attempted hijacking of a Fly Dubai flight to Tel Aviv, with Israeli PM Netanyahu describing it as a planned attack amid upcoming elections. It also details how US big tech firms, particularly Apple, exert outsized influence on EU policymakers through extensive lobbying and spending. Additionally, the episode reports that accounting firm RSM is exploring a potential IPO, and Nike faces declining revenues in China due to intense local competition and a shift toward e-commerce.
Topics discussed
Sponsor: Hard Lessons podcast
FT News Briefing introduction
Attempted hijacking of plane to Israel
Big tech lobbying influence in the EU
RSM accounting firm explores IPO
Nike's struggles and competition in China
Show notes and sign-off
Sponsor: The Next 5 podcast
Sponsor: Strategic Alternatives podcast
Listen ad-free on Castria