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Crocs US sales tumble as shoppers choose trainers
Posted onAdam Hancock & Jennifer Meierhans Business reporters Getty Images Crocs’ share price plunged after the rubber clog-maker revealed a fall in US sales as shoppers chose to spend on trainers ahead of the World Cup and the Olympics. The footwear became a stay-at-home staple during the Covid pandemic and has remained relevant as celebrities embraced…
Anthropic says Pentagons supply chain risk designation will have limited impact on its business
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anthropic has said the Pentagon’s designation of the AI lab as a supply chain risk will not affect the “vast majority” of its customers as it vowed to fight the measure in court. The defence…
We have more privacy controls yet less privacy than ever
Posted onThe tech sector has a long history of breaking through privacy boundaries, but it has also created the fences meant to protect us. Firms have churned out hundreds, if not thousands, of online privacy tools and settings, launched with the apparent aim to help us secure our human right to privacy, in our digital lives.
Senior Co-op staff complain of toxic culture at the top
Posted onA spokesman for the Co-op told the BBC: “Our culture, as a co-operative, ensured decision-making throughout has listened to views from leaders and colleagues across our food and wider business, whilst simultaneously acknowledging when a wide range of views are expressed, not everybody will always agree with the final decisions and actions taken.”
AI challenges the dominance of Google search
Posted onSuzanne BearneTechnology Reporter Anja-Sara Lahady AI has become an assistant for Anja-Sara Lahady Like most people, when Anja-Sara Lahady used to check or research anything online, she would always turn to Google. But since the rise of AI, the lawyer and legal technology consultant says her preferences have changed – she now turns to large…
