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Nomura’s top banker says traders’ ability to go ‘max risk’ is now higher

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The British banker tasked with overhauling Nomura’s global investment operations after a $2.9bn hit from the collapse of Archegos has said his traders are finally closer to being able to go “max risk”. Christopher Willcox … Read more

Threads adds a ‘media’ tab and the ability to tag people in photos

Meta’s newer social network Threads announced on Thursday that it’s introducing a dedicated “media” tab for both photos and videos, only days after its rivals, including X (formerly Twitter) and the startup Bluesky, did the same for videos. In addition, Meta will also now allow users to tag people in the photos they share. Instagram … Read more

Anthropic Agrees to Stop Claude Chatbot’s Ability to Spit Out Lyrics From Copyrighted Songs

Anthropic has reached a settlement and agreed to put a stop to showing users music lyrics based on copyrighted songs from several music publishers. Back in 2023, the AI company was sued by Universal Music Group, Concord Music Group, and others after it was found that its Claude chatbot would return lyrics to songs like … Read more

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