‘It should be a right to fix your phone’: the boss of booming secondhand tech firm Back Market

Thibaud Hug de Larauze is waving his iPhone, boasting that it is more than seven years old. “It works great,” he says. Not what you’d expect from a tech entrepreneur heading one of France’s biggest “unicorn” startups – Back Market – which has raised more than $1bn to expand into 18 countries. The chief executive … Read more

World Container Shipping Rates Keep Rising

Containers stacked at the Tanjong Pagar Terminal in Singapore. (Aparna Nori/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas. Spot rates for full-size shipping containers to the U.S. and … Read more

Even Apple cannot explain why we need AI in our lives

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. Whenever a new technology comes along, the world has traditionally looked to Apple to know what to do with it. Under Steve Jobs, the company was renowned for converting groundbreaking technologies into the next must-have … Read more