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...Credit Suisse sold the majority of its securitised products unit to Apollo in November 2022, just a few months before the Swiss bank was rescued by its rival UBS in March 2023....
...We’re continuing to rapidly improve the product to serve new user needs.” It added: “We don’t have anything to announce right now.”...
...Abrdn and many of its peers have come under pressure as customers continue to withdraw money from funds run by stockpickers in favour of cheaper index-tracking products....
...The new products follow Ark Invest’s purchase last year of Rize ETF, since rebranded Ark Invest Europe, in a bet on European demand for thematic ETFs, such as Wood’s....
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...Emblaveo was developed in partnership with US pharma company AbbVie and with financial support from US and EU public bodies....
...Oil and refined products is one area where the available data on supply levels, demand patterns and logistical variables has ballooned in recent years, Barrack told the Financial Times....
...“Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” he added....
...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...Each product line has its own leader, with workers incentivised to make incremental changes to optimise products, rather than radically innovate or work across teams....
...“We are putting a product into 2027, when there is not much other product coming out,” Mistry said, adding that the deal marked a “‘dramatic increase” in Citadel’s London footprint....
...All tech products involve trade-offs, he says....
...The model follows the release of other sophisticated products by rivals including OpenAI, Meta and start-ups Anthropic and Mistral....
...Their emphasis below: During the current business cycle, we believe real gross domestic product (GDP)i growth could accelerate to 7% per year on average, surpassing that of any year since 1950....
...The New York-based securitised products business packaged debts, such as mortgages and loans for yachts, before selling them on as securities....
...The DeepMind project is the product of three years of work with Liverpool on deploying AI, including in areas such as penalty kicks and predicting movements of players....
...In its complaint, the FTC argued — as expected — that the tie-up would lead to higher prices, plus lower product quality and services for consumers....
...Hartelius told the FT that “our main focus is on customers and products and the responsibility connected to that is how we have chosen to be organised”....
...$5.6bn out of Grayscale’s product....
...Mutual funds have enabled millions to invest in the stock market since they were introduced 100 years ago, but newer, nimbler products are reshaping asset management....
...outside this product,” News Corp’s Miller said....
...This concern has grown over the past year as leading tech companies compete to release products that use generative AI, run on large language models able to process and generate huge amounts of text, numeric...
...Google is renaming all its AI products, such as the Bard chatbot, “Gemini” as part of a corporate rebranding designed to unify its array of generative AI offerings....
...The company has set out to develop the largest injectibles business in the market, taking on competitors such as AbbVie and Merz....
...Products are complementary, meaning they can be cross-sold to the two groups’ existing customer base....
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