Apple posted record revenue of $123.9bn in the holiday quarter, and investors had a tough time gauging the Federal Reserve’s hawkish tone, the UK’s new information watchdog says he wants the country to take the lead on holding Big Tech to account in a post-Brexit Britain free of cumbersome European data rules.

Plus, the FT’s European diplomatic correspondent, Henry Foy, reports that western countries are threatening Russia with new sanctions if it invades Ukraine. 

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Mentioned in this podcast:

Apple’s holiday quarter revenue hits record despite supply chain worries

EU and UK plan sanctions on new Russian gas projects if Ukraine attacked

‘No more Mr Nice Guy’: Fed chair signals tougher stance on inflation

UK seeks leadership role in global privacy, says new watchdog head

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