PRESS DIGEST-Financial Times - May 6
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May 6 (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
Apple reaches $250 million settlement over delayed 'AI Siri'
Meta plans advanced 'agentic' AI assistant for consumers
BioNTech to cut fifth of workforce as it winds down Covid vaccine production
Macron nominates former adviser to run the Bank of France
Overview
Apple AAPL.O is set to pay $250 million to settle a false advertising lawsuit over the launch of AI features in 2024, when the iPhone-maker advertised a "personalised" Siri voice assistant that it still has yet to release.
Meta META.O is building a highly personalised AI assistant to carry out everyday tasks for its billions of users, as the company faces investor scrutiny over its escalating AI spending.
BioNTech 22UAy.DE will shut much of its Covid-19 vaccine manufacturing network and cut more than a fifth of its workforce as the German biotech shifts towards cancer treatments, marking a clear break from the pandemic-era business that generated billions in revenue.
French President Emmanuel Macron has nominated his former chief of staff to head the country's central bank, in his latest move to fill key posts with allies ahead of an uncertain 2027 presidential election.
