PRESS DIGEST- Financial Times - January 22
Jan 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
SocGen to axe 1,800 jobs in France as chief steps up cost cuts
Logical Intelligence brings LeCun on board as it touts AI breakthrough
UK government backed rocket start-up Orbex in sale talks with European space group
Berkshire Hathaway considers selling $7.7 billion stake in Kraft Heinz
Overview
Société Générale SOGN.PA is planning to axe 1,800 jobs in France as chief executive Slawomir Krupa steps up efforts to cut the bank’s stubbornly high costs.
Logical Intelligence, a start-up that claims to have made a breakthrough in developing a more advanced AI model, has appointed Yann LeCun to its board as it seeks funding at a $1 billion-plus valuation.
Orbex, the Scotland-based rocket start-up funded last year by the UK government, is in talks to sell its business to European space group The Exploration Company.
Berkshire Hathaway BRKa.N is considering selling almost its entire $7.7 billion stake in packaged food company Kraft Heinz KHC.O.
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