Connect with us

Business

should Google be broken up?

Published

on

Unlock the Editor’s Digest for free

As suggested by the fact that its very name has become shorthand for online search, Google’s dominance isn’t in question: if you look at market share, it has no real rivals. In the US, nearly 90 per cent of search queries flowed through Google in 2020, and on mobile that figure was 95 per cent — the next closest, Microsoft’s Bing, accounted for just 6 per cent.

On Tuesday, the US Department of Justice proposed various remedies to break down what a judge has ruled is the search giant’s illegal monopoly. This “high-level framework” offered solutions that ranged from softer approaches, such as Google limiting payments to smartphone makers in return for exclusivity on their devices, up to the most draconian option: forcibly breaking up the company.

Advertisement

A structural remedy could mean spinning off Google’s Chrome browser or Android operating system. But it’s unclear if even this would shake their dominance. We know that when European Android users select a search engine when they set up a new phone, nine out of 10 still use Google.

A hearing is set for April, and Amit Mehta, the judge who branded Google a “monopolist” at the conclusion of the trial in August, has said he will try to rule by August 2025.

So what do you think: should Google be broken up? Tell us your view by voting in our poll or commenting below the line.

Source link

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Benjamin Netanyahu, Israel’s emboldened wartime leader

Published

on

Unlock the Editor’s Digest for free

In the days after Hamas’s devastating October 7 attack, Benjamin Netanyahu’s political career looked finished. Israel’s prime minister and self-styled “Mr Security” had just overseen the country’s worst-ever security failure, and the deadliest day for Jews since the Holocaust.

But as Israelis marked the grim anniversary of Hamas’s assault this week, after a tumultuous year in which the Middle East slid ever deeper into conflict, Israel’s most ruthless political operator was still at the helm.

Advertisement

Over the past 12 months, he has turned Israel’s fire on foes from Gaza and the occupied West Bank to Lebanon and Iran, and defied calls from the US and his own security chiefs for a ceasefire. Channelling the rage of a traumatised nation, he now pledges not just “total victory” over Hamas, but to “change the balance of power in the region for years”.

“Netanyahu has always had a sort of messianic belief that he is the only one who can save Israel from the dangers it faces,” says Aviv Bushinsky, who served as his chief of staff in the early 2000s. “That’s what drives him. Period.”

October 7 destroyed that image. Hamas’s attack was a catastrophic refutation of Netanyahu’s years-long approach of attempting to tame the militant group through a mix of military deterrence and economic inducements. It shook Israelis’ faith in their country’s security apparatus. Netanyahu’s long refusal to apologise for the failures that preceded it enraged his compatriots.

Ministers were heckled when they appeared in public. On streets not far from Netanyahu’s Jerusalem residence, “Fuck Bibi” — a reference to his childhood nickname — was repeatedly scrawled, scrubbed away and re-scrawled. Had there been a mechanism in his Likud party to replace him in the days after October 7, insiders say he might well have been removed.

Advertisement

Instead, Israel’s longest-serving prime minister clung on. He launched a ferocious bombardment and offensive in Gaza. But in the early days of the war, under US pressure and wary of opening a second front, he opted against colleagues’ calls for an all-out strike on Hizbollah, which had begun firing at Israel in support of Hamas.

Now, after devastating Gaza, Israel is ramping up its attacks elsewhere. In July, senior Hizbollah and Hamas figures were assassinated in Beirut and Tehran. In recent weeks, Israel has dramatically escalated its campaign against Hizbollah, killing its leader, Hassan Nasrallah, bombing thousands of targets and invading Lebanon.

For some, the shift is less a change in Netanyahu’s approach than the result of the evolving dynamics of the war, and a belated implementation of plans long advocated by security chiefs. “These moves up north . . . are things the [military] and Mossad were pushing for a year,” says Anshel Pfeffer, author of a biography of Netanyahu and journalist at The Economist. “Netanyahu remains someone who usually does not want to take action.”

But others say the successes against Hizbollah have emboldened the 74-year-old as Israel’s leaders weigh one of the war’s most consequential decisions: how to respond to the 180-missile barrage that Iran unleashed at Israel in retaliation for the Beirut and Tehran assassinations. “The more success there has been on the battlefield, the more he has gained confidence,” says Bushinsky. “As we say in Hebrew, when the food comes, the appetite grows.”

Advertisement

Abroad, the multifront campaign has deepened Israel’s isolation. The Gaza offensive has sparked international legal moves against Israel and Netanyahu. His refusal to agree a ceasefire deal in exchange for the release of Israeli hostages still held by Hamas has infuriated the Biden administration.

At home, even as many Israelis believe Netanyahu is paying as much heed to his own political calculations as strategic imperatives, the spiralling conflict has been accompanied by a revival of his political fortunes. Likud once again tops opinion polls. The same surveys still suggest Netanyahu’s coalition would lose an election tomorrow. But given the scale of the October 7 debacle, few expected any recovery. “It’s the mother and father of resurrections,” says Bushinsky.

It is not the first time Netanyahu has surprised his critics. After serving in one of Israel’s elite commando units, Netanyahu became prime minister for the first time in 1996. Ousted in 1999, he bounced back in 2009. Defeated again in 2021, he returned in 2022, outmanoeuvring mainstream parties that shunned him over graft charges — which he denies — by assembling the most hard-right government in Israel’s history.

Over the past year, the coalition has wobbled. Two far-right parties have repeatedly threatened to quit if he makes concessions to the Palestinians. Netanyahu has also feuded with defence minister Yoav Gallant, with whom he is barely on speaking terms, according to people with knowledge of the relationship. Ever the arch-manipulator, he has bolstered his majority by adding the party of Gideon Sa’ar — his ally-turned-enemy-turned ally — to the coalition.

Advertisement

Since Iran’s barrage, hawks have demanded he seize the chance to attack Tehran’s nuclear programme, widely seen as the most serious strategic threat to Israel. The US is pushing for a lesser response, such as hitting Iranian military targets.

“Netanyahu has talked about Iran for years and years . . . and sees it as the biggest threat. And now there is domestic support and from the US for him to do something. That is a big shift in the game,” says Nadav Shtrauchler, a political strategist who has worked with Netanyahu. “It’s not a question of whether he will act, but how.”

james.shotter@ft.com

Source link

Advertisement
Continue Reading

Travel

European Union delays EES rollout yet again

Published

on

European Union delays EES rollout yet again

The new Entry/Exit System border process for travellers from non-EU countries had originally been meant to launch in 2022

Continue reading European Union delays EES rollout yet again at Business Traveller.

Source link

Advertisement
Continue Reading

Money

Three major supermarkets reveal exact dates you can book Christmas delivery slots including Sainsbury’s

Published

on

Three major supermarkets reveal exact dates you can book Christmas delivery slots including Sainsbury's

THREE major supermarkets have revealed the exact dates you can book Christmas delivery slots.

With the big day just 75 days away many households are keen to get preparations underway.

Sainsbury’s has revealed its Christmas delivery slots.

1

Sainsbury’s has revealed its Christmas delivery slots.Credit: Getty

In the last few years, the demand for getting your festive food shop dropped at your door has surged.

Advertisement

Shoppers have gone wild for the service as it helps take the pressure off an already stressful time.

But many are aware that bagging a slot during the festive period is notoriously difficult.

So it is worth being aware of the key dates of your favourite grocer so you are not disappointed.

Sainsbury’s

Sainsbury’s has today confirmed when customers can book a slot for their Christmas shop to be delivered.

Advertisement

Loyal customers who have the supermarket’s “Delivery Pass” get first dips and will be allowed to book home delivery and click and collect from Wednesday, October 16.

Delivery Pass holders pay a flat rate to Sainsbury’s to get their orders for free at all times of the year.

Meanwhile, non-pass holders will be allowed to book slots from the following week, Ocotber 23.

Both can schedule deliveries for between December 18 – 24.

Advertisement

Christmas delivery slots open on October 16 for Delivery Pass customers and 23rd October for all customers.

Customers can amend their baskets until 11pm the day before their order is due. 

Waitrose

The posh grocer has already allowed its customers to start booking slots for Christmas.

It costs £4 to book a slot and orders must be over £40.

Advertisement

But if shoppers are keen to get their Waitrose shop delivered to their home they should act fast.

Most of the slots from Sunday, December 22 to Tuesday, December 24 are fully booked.

Dates are still available for Friday, December 20 and Saturday, December 21.

What is a grocey delivery pass?

Advertisement

DELIVERY passes allow customers to pay a flat fee either monthly, yearly or six monthly, and then get their deliveries for free.

In some instances, you can also get first dips on booking your Christmas delivery slot.

You should only consider taking out a delivery pass if you order groceries online regularly and if you think it will save you money in the long term.

All major grocery stores offer the service but the price varies.

Advertisement

For example, Tesco’s anytime delivery plan costs £7.99 per month for 12 months or £47.88 if you don’t want to pay monthly.

You can also pay £47.88 if you don’t want to pay monthly.

Meanwhile, Sainsbury’s charges £7.50 per month for the service or £80.00 for a 12-month upfront payment.

Asda has passes starting from £3.95 per month or a 12-month payment of £69.50

Advertisement

Morrisons also offer the service with prices starting from £5

Asda

The UK’s third-largest grocer also announced today when shoppers could secure their booking.

Like Sainsbury’s Asda is giving its delivery pass customers a head start to book their slot.

Customers who pay for this feature can book their slots for Christmas from October 15.

Advertisement

Meanwhile, non-pass holders can book their slot from October 22.

The supermarket said that over one million home delivery and click-and-collect slots will be available in the week leading up to Christmas.

The minimum online spend at Asda is £40 for delivery and £25 for click and collect.

Shoppers can also make changes or additions to their basket up until 11pm the night before their delivery or collection.

Advertisement

When do other retailers’ slots open?

It’s not just Waitrose, Asda and Saisnbury’s which offer this service to their customers.

Tesco said this month that its annual delivery pass customers can book their slots from 6am on Tuesday, November 5.

This gives customers a one-week head start on regular shoppers, who will have to wait until November 12 to nab a slot.

But if you also want to get ahead of the game, you can still sign up to the delivery plan by Monday, November 4.

Advertisement

Meanwhile, Morrisons has already started taking bookings with slots open now.

The same goes for Ocado with the pure-play online retailers offering customers the chance to book slots from as early as September.

M&S also launched its food-to-order service and the end of September, with slots filling up immediately.

The service lets you book and pay for your Christmas dinner and other snacks ahead of time and then collect them closer to the big day.

Advertisement

Orders this year can be collected on December 22, 23 or 24 in your local M&S Food Hall.

For Iceland, shoppers will be able to book delivery slots from around the middle of December.

You can read more about how this works by clicking the link here.

Source link

Advertisement
Continue Reading

Business

New titans of Wall Street — an FT series

Published

on

The secretive firms that have conquered trading

Source link

Continue Reading

Money

Home REIT posts delayed 2022 results to reveal £475m loss

Published

on

Home REIT posts delayed 2022 results to reveal £475m loss

Home REIT also revealed its legal fees in a case brought against it by Harcus Parker on behalf of shareholders stand at around £5m.

The post Home REIT posts delayed 2022 results to reveal £475m loss appeared first on Property Week.

Source link

Continue Reading

Business

‘I’m not tough. I’m nothing like the characters I play’

Published

on

Of course Harriet Walter would choose this place, I think, swishing through the revolving door of Arlington in Mayfair into an Art Deco hall of mirrors reflecting monochrome stripes and polished tile. The atmosphere is almost cruelly chic. Where else would a woman famous for her portrayal of stony-hearted, acid-tongued ice queens want to meet?

The waiter takes me to a table in a discreet corner. David Bailey’s black-and-white portraits of 1960s icons look on from every wall. The nearest is of a white-stockinged, kohl-eyed Penelope Tree in 1967, photographed lounging next to an open bottle of champagne, cheekbones like razors. It all makes perfect sense.

So when Walter herself appears, the disorientation is profound. She looks soft — almost fluffy — in a powder-pink herringbone tweed suit and pearl earrings. Her smile is eager and warms up the atmosphere by several degrees. And then there’s her voice. At first she speaks so quietly she sounds almost timorous. It is genuinely hard to believe this is the same person whose sardonic drawl ripped shreds out of her spoiled children in Succession or barked orders as Brutus in a production of Julius Caesar set in a women’s prison. How on earth will she pull off playing Margaret Thatcher in her next TV role, I wonder?

As usual, first impressions are misleading. Over the course of the next couple of hours, in a gradual crescendo, all these characters, and more, will make appearances at our table. Harriet Walter is just warming up.

Advertisement

She’s had plenty of opportunity lately to practise the art of summoning characters she’s played back to life. Her new book She Speaks! is a collection of speeches for Shakespearean women, in which Walter imagines (in blank verse) what Ophelia or Cressida or Desdemona might have said to an audience had they been able to talk frankly instead of being left silent while their fates were decided by the men around them. It’s Walter’s way of redressing the balance of power a bit — and of sharing some of the theories she’s developed in five decades of performing Shakespeare.

Walter sits down opposite me, gesturing to Penelope’s legs. “There’s vintage,” she murmurs. “They were all the people I wanted to look like when I was 17 — and really didn’t.” Born in 1950, Walter was exactly that age when the picture was taken, about to decide that she wanted to become an actor. Since then, hers has been a fantastically varied career, starting with regional theatre, then the Royal Shakespeare Company, the West End and Broadway. She’s done period drama, from Ang Lee’s Sense and Sensibility in 1995 to the 2007 film adaptation of Ian McEwan’s Atonement. She’s had six words in a Star Wars movie and six seasons as Detective Inspector Natalie Chandler in Law & Order: UK. But even so, until relatively recently, her name might elicit only a vague nod of recognition among those outside the theatre world.

For a while, that worked for Walter: “I’ve always wanted to not be known because I thought that left me freer to explore,” she says. But “then that lack of fame started to be a bit of a glass ceiling for me”. In her forties there were parts that eluded her “because I wasn’t enough of a name . . . I remember this producer taking me out and he said, ‘You’re known by everyone in the profession, but no one in this restaurant knows who you are. And I want to change that.”

Did he succeed? “No! But it was a good line! And sucker that I was, I went for it.”

Advertisement

It might have taken a while but things have changed. At 74, a damehood and a run of wildly popular TV parts in Succession, Ted Lasso and Killing Eve, as well as memorable turns in Downton Abbey and The Crown, have made Walter properly recognisable. The clientele of Arlington may be too well-heeled to gawp at celebrities, but it’s pretty obvious that they all know she’s here.


We look at our menus. Walter doesn’t drink at lunchtime except on special occasions. Today she is eating with a journalist at a spot conveniently located around the corner from her next appointment, so she orders a Diet Coke. I, on the other hand, am having lunch with a Dame at the newly reopened and renamed Le Caprice, conveniently located next door to the Ritz, so I order a glass of champagne. It arrives in a very beautiful cone-shaped flute, and seems to last for ever. She asks for gazpacho, and I order the tomato and basil galette, a favourite from Le Caprice’s old menu.

“I’ve not been since it reopened,” Walter says. “I know Jeremy [King, the restaurateur]. He was incredibly kind to my aunt during Covid. She lived near his Colbert restaurant, in Sloane Square. He arranged for her to have food brought out to her — so absolutely divine. I thought it would be nice to come to his new place.”

Menu

Arlington
20 Arlington Street, London SW1A 1RJ

Advertisement

Gazpacho £9.50
Tomato galette £12.25
Grilled calf’s liver £29.75
Chicken Milanese £26
Hokey pokey coupe £10.50
Diet Coke £4.50
Glass Herbert Hall Brut £18
Glass sparkling water £3
Americano £4.75
Double espresso £4.50
Total inc service £141.16

The aunt in question was married to Christopher Lee, the Hammer horror star and brother of Walter’s mother Xandra. Walter has described her family as having lived in the “foothills of aristocracy”, but that feels like something of an understatement. Xandra and Christopher were the children of an Italian countess, Estelle Marie Carandini di Sarzano, and Geoffrey Trollope Lee. On the other side, the Walter family were the founders of The Times newspaper.

Walter grew up in Kensington and was sent to boarding school at 11. It provided what she describes as “a very minimum girls’ education . . . be able to play a nice sonata on the piano and speak good French. And you might marry a nice earl.” Later, she moved to another school, in Dorset, which was better. But it was a long way from London. “I think about how long that journey was and how far we were from home. And the horrible little phone box we’d all queue up to ring our parents from, rather like prison.” Then, after her parents divorced, “I’d only see one of them each term.”

She must have been pretty tough, I suggest, to deal with all that. She looks up a little sharply over her soup spoon. “My sister was there, my best friend was going, I had my teddy bear. You know, I knew my mother loved me. I was good at making friends. I had quite a good time.”

Advertisement

It was at school that Walter decided she wanted to act. She turned down a place at Oxford to read modern languages and instead applied to drama schools. She was rejected five times before getting a place at the London Academy of Music and Dramatic Art, an act of perseverance she acknowledges showed some grit.

“I mean, I was never tough. I’m still not tough. I’m certainly nothing like the characters I play, in that sense. I remember getting rejected from drama school a lot. And just picking myself up and going again. But I didn’t do that in any other sphere of my life. If you said anything [negative], I’d curl up like a little sea anemone and just sort of retract and say, ‘Right I’m never going there again’ . . . But theatre and film,” she does a voice like a sergeant major, “Gotta do it! Gotta do it!”


Our plates are cleared and relaid. An unusually dainty plate of chicken Milanese with rocket salad is put in front of me. Walter has ordered grilled calf’s liver, without the bacon. She seems vaguely disturbed at the idea of discussing what she is eating in any detail. “You just say, ‘It was very good. And Harriet ate liver, when she claims to be a vegetarian.’” Will she mind being outed this way? “I have liver every now and again. But I would only eat it in a restaurant like this where I knew it would be slithering down my throat. I don’t think I want to saw at some tough bit of rubber.” She tucks her napkin into the collar of her jacket. “I’m going to do this. I don’t care.”

After drama school, Walter’s early work came steadily, and by 1988 she had an Olivier Award for her performances with the RSC in Twelfth Night and Chekhov’s Three Sisters. But wider recognition was elusive. “I was not for all markets at all,” she reflects. Why? “Well, I didn’t look right . . . petite and blonde, like Felicity Kendal.” But there were actors who gave her hope: “Glenda Jackson got me excited because I thought, gosh, you can look kind of angular and odd and have a non-beautiful voice. It just gave me a broader picture of what a female actor could be.”

Advertisement

In 1995, Walter was cast as Fanny Dashwood in a film adaptation of Jane Austen’s Sense and Sensibility, alongside Hugh Grant, Alan Rickman and Emma Thompson, who wrote the screenplay. It was a huge critical success and, 30 years later, it is still “rather a classic”, Walter admits with a smile. Fanny is a villain, the rapacious sister-in-law who convinces her husband to cut off his sisters from their inheritance in the film’s opening sequence, which lasts for about 90 seconds and steals the whole movie.

There’s something of Fanny in the character that has brought Walter the most acclaim lately, Lady Caroline Collingwood, whose failed marriage to Logan Roy and estrangement from their three children is the spine of the domestic drama in Succession. The two women share the same crocodile smile and a reptilian gaze that seems to originate from a few millimetres behind the eyes. Where did she learn that look? “One of the reasons you can play something convincingly is because you’ve been on the receiving end of it,” she says. “Particularly frightening people — you observe them very closely as if you were a mouse next to a snake.”

She doesn’t elaborate, but she does insist that both Fanny and Caroline are not simply villains, that they are, at root, sympathetic. “I’m very happy to do those parts so long as they’re funny — not just narrow-minded horrible bitches.”

Motive-hunting and psychological analysis come easily to Walter — part of the same instinct that prompted the writing of the new book. Putting her words and ideas into the mouths of Shakespearean women is the logical extension of the work that goes into playing them. Thus, Ophelia reveals she did not drown at all, but faked her death to get away from Hamlet and Laertes; Lady Capulet explains how being a child bride made it impossible for her to bond with her daughter; Hermione fills us in on the affairs she’s been having while Leontes thought her dead for 16 years.

It’s an audacious exercise, she admits. But she has grown used to rule-breaking, putting the women back into Shakespeare. Even where they shouldn’t be? “Exactly! Exactly! Playing the boys!” As well as Brutus in Julius Caesar, Walter played Henry IV and then Prospero in Phyllida Lloyd’s trilogy for the Donmar Warehouse in 2016. “I didn’t feel constrained by gender or anything, and it felt very personal,” she says. “I’ve been closer to ‘me’ playing Shakespeare than any part whose outer trappings are more similar to my real ones. If it’s sort of ‘enter a tall dark woman with a waspish sense of humour and tweed suit’, then, you know, it’s confining.”


They want to know if we will have desserts, but first Walter has a question. “What’s the hokey pokey coupe?” she asks, dry as ice, the corners of her mouth twitching archly as the waitress gamely recites the list of ingredients. When it arrives, along with coffee, Walter offers her own analysis: “It’s like a Crunchie broken up with some ice cream,” she says brightly. I’m reminded of the scene in Succession when Caroline’s son-in-law comes away from an encounter with her muttering, “I think I just got stabbed . . . but I’m not completely sure.”

“My latest love,” she confides, “and they haven’t got it here, is affogato. I had about three in three days in New York.” Since she married the American actor Guy Paul in 2011, Walter has split her time between London and New York. They got together when they were both in a 2009 production of Friedrich Schiller’s Mary Stuart on Broadway. It is her first marriage but not her first important relationship. Walter lived with the actor Peter Blythe until he died of cancer in 2004.

Advertisement

For 30 years she kept the same flat in Chelsea she’d bought after drama school. It was her “launching pad and hidey hole”. When Blythe died, she retreated to the country home they’d made together in Dorset. “I tried to work out why I couldn’t face spending another night in London . . . It was because I’d only lived with him for eight years, and I’d lived there for 30 years. And so, if I went back, it would be as if he’d never happened. And I couldn’t bear that thought.” Grieving in their shared place, with all his furniture around, felt more natural.

I wonder what the next decade might hold for Walter. She is about to appear on our screens playing her most tyrannical matriarch yet — the actual Iron Lady, Margaret Thatcher. The drama, Brian and Margaret, centres around Thatcher’s disastrous final TV interview in 1989 with the broadcaster Brian Walden, played by Steve Coogan. The screenplay is by James Graham and the director is Stephen Frears. She did pause at the thought of playing Thatcher, she says: “I don’t look anything like her, I don’t sound anything like her and I hated her politics. . . but I saw her embattled by a world of men. I started to see how she developed her outer toughness in response to the world she was moving into. And then I felt she had to stay there, which is what dictators do, isn’t it? They build a certain uniform . . . And then they have to make it more and more solid because, as soon as there’s a chink in the armour, they’ll lose everything.”

Walter’s Thatcher will not be a pantomime villain any more than the rest of her characters have been, which is just as well, as the reality is far more interesting. As I pay the bill, she leans in. “At this stage of life, you’re getting much narrower cameo roles that people understand as code for ‘bitch’ or ‘victim’. I’m fighting those stereotypes.”

Cordelia Jenkins is editor of FT Weekend Magazine

Advertisement

Find out about our latest stories first — follow FT Weekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen

Source link

Advertisement
Continue Reading

Trending

Copyright © 2024 WordupNews.com