Delivery firm Getir to quit UK, Europe and US and focus on Turkey Grocery service grew during Covid pandemic but has retreated amid competition and waning demand
EU to investigate Meta over election misinformation before June polls Brussels to act later this week against Facebook and Instagram owner over policies on deceptive advertising and political content, reports say
What’s the perfect movie length? Only a lightweight needs toilet or food breaks US research suggests that 92 minutes is the optimum length for a film. But I have sat through long films that felt short and short films that felt buttock-annihilatingly long
Royal Mail pauses fines for ‘fake’ stamps after apparent flaw in fraud scanners Postal company defends technology but suspends surcharge, while app allowing customers to scan own stamps developed
Ireland emerges from technical recession; Ocado CEO’s £15m bonus plan approved despite revolt – business live Irish GDP returned to growth at the start of the year, while 19% of Ocado shareholders oppose pay policy that could give boss Tim Steiner a £15m bonus
Tell us: are you splurging on luxury goods you can ill afford? We’d like to hear from people who have been purchasing luxury goods and experiences in recent years, and how they feel about their spending habits
How UK’s new border controls will affect animal and plant imports Second phase of physical checks could result in price increases in shops, as businesses pass on costs to consumers
‘Ideal’ movie running time is 92 minutes, poll claims Survey of 2,000 Americans conflicts with the box-office records being broken for film running well over two hours
Secondhand fashion seller Vinted moves into profit after 61% sales rise Lithuania-based site is expanding while its rivals Depop and RealReal reported losses last year
OpenAI to use FT journalism to train artificial intelligence systems Under deal, ChatGPT users will receive summaries and quotes from Financial Times content and links to articles
‘Watershed moment’ for Tesla as Elon Musk’s visit to China reaps quick reward Deal to use mapping data from web search giant Baidu is a big step towards launching driver assistance tech in world’s biggest car market
Hipgnosis backs £1.3bn private equity takeover by Blackstone Deal would end six years of turmoil for owner of back catalogues of star artists ranging from Blondie to Neil Young and Justin Bieber
Optus announces $1.6bn network sharing deal with rival TPG Chief of Singtel-owned company says a similar deal it opposed between TPG and Telstra ‘very different in that Optus is not the dominant player’
Binance founder faces possible three-year jail term over ‘wild west’ business model Changpeng Zhao pleaded guilty to money laundering charges
Ireland reaps €700m Brexit bonanza from customs duties Dublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great Britain