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News in-depthApple Inc
Apple targets Google staff to build AI team
...Salakhutdinov said Apple had been focused on doing “as much as you can on the device”, which will bring the need for more powerful chips with so-called dynamic random access memory (Dram) that can handle...
April 30, 2024
UK defence
British army extends life of ageing battlefield radios as replacement delayed
...General Dynamics declined to comment....
February 5, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Mergers & Acquisitions
General Atlantic to buy UK’s Actis in bet on infrastructure growth
...Actis, created as a development finance arm of the UK government, was spun out in 2004 after its management team bought a 60 per cent stake for £373,000....
January 16, 2024
Sport
Private equity plunges into US college sports with Learfield deal
...The company handles multimedia deals for universities, controlling much of their merchandise sales, stadium sponsorships, ticketing and content development....
September 13, 2023
Citadel LLC
Hedge fund Citadel to expand its London office space with tower move
Ken Griffin’s firm will move into British Land’s flagship development at Broadgate
April 18, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...It represents a major increase in power for Hassabis, who joined Google when it bought his start-up in 2014, and who now controls much of its AI development and product output....
April 18, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Football
Google DeepMind unveils AI football tactics coach honed with Liverpool
...“What’s exciting about it from an AI perspective is that football is a very dynamic game with lots of unobserved factors that influence outcomes,” said Petar Veličković, a DeepMind researcher and co-author...
March 19, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...China started commercial driverless development in 2013, about five years after groups in the US....
January 31, 2024
Jane Street Capital
Jane Street loses bid for restraining order against Millennium
...An attorney for Jane Street told Engelmayer that the firm had invested “tens of millions of dollars” into the development of the trading scheme....
April 19, 2024
Global Economy
ARK Invest’s ‘seemingly outlandish’ economic forecasts
...During the first thousand years AD, technology breakthroughs — including the development of the waterwheel and advanced infrastructure enabled by concrete — catalyzed activity to such an extent that real...
February 27, 2024
IPOs
Public BDCs fight against the private tide
...As the name suggests, this is a “business development company”, a weird but fascinating and uniquely American construct....
January 18, 2024
Sundar Pichai
Sundar Pichai: AI can strengthen cyber defences, not just break them down
...Europe’s AI Act is an important development in balancing innovation and risk....
February 15, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...It now has “several hundreds” of engineers dedicated to chip development, he added....
March 14, 2024
Accor SA
Accor in talks with Dubai Holding to fund Orient Express superyachts
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
February 27, 2024
Unhedged
Armen Panossian: why the Fed might not cut Premium content
...The other factor is that fund flows into direct lending have been stable and growing, especially from high-net-worth investors putting money into semi-liquid BDCs [business development companies]....
February 16, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...This combination is transformational, and we are confident in our ability to execute, positioning Tapestry as a leader in innovation, talent development, and shareholder return for years to come....
April 23, 2024
LexDriverless vehicles
Driverless cars/Cruise: robotaxi rollout is stop, start, stop Premium content
...Previous accidents have slowed down but not stopped development of autonomous cars, including a fatal crash in Arizona in 2018. Concern for public safety is high, but so is public curiosity....
November 16, 2023
Rio Tinto PLC
Rio Tinto appoints Bold Baatar as commercial chief in step towards top job
...Joining Rio after a career as an investment banker at JPMorgan in New York and London, Baatar has developed a reputation as one of the mining industry’s most dynamic executives, with a capacity to fix complicated...
April 8, 2024
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...The scooter business said in December it would seek to raise Rs55bn ($661mn) in the IPO, with proceeds being used to build a battery factory in India, fund research and development, and pay off debts at...
January 17, 2024
Derivative exchanges
The Cboe wants to ‘debunk’ some 0DTE myths
...Rather than the debauched and dangerous phenomenon of popular lore, the Cboe argues that 0DTEs are “remarkably well-balanced, liquid and orderly” and help foster a “dynamic market environment”....
April 15, 2024
Inside BusinessRichard Waters
Google pins its hopes on Gemini to leapfrog GPT-4
...Another avenue for development lies in what Google claims are Gemini’s reasoning and planning capabilities....
December 7, 2023
InterviewGlobal trade
Rich world uses green policies to hold back the poor, says UN trade chief
...“Trade and investment have been the two pillars for developing countries to really go on to a path of dynamic growth. And now it will be as important for dynamic, sustainable growth,” she said....
December 24, 2023
News in-depthHong Kong
Barriers come down in Hong Kong border town as China plans closer ties
...“All these things are testimony to Hong Kong’s territorial integration into Shenzhen,” said Sonny Lo, a political scientist and author of The Dynamics of Beijing-Hong Kong Relations....
March 17, 2024
Private equity
General Atlantic in talks to buy UK infrastructure investor Actis
...Actis executives, who have expanded the business since spinning out of the UK government’s development finance unit in 2004, are likely to net a big windfall by selling their firm....
December 20, 2023
ARK Investment Management LLC
Can Cathie Wood’s Ark conquer Europe?
...European countries are marked by their own distinct dynamics that are vital for a new entrant to understand, according to Howie Li, the head Legal & General Investment Management’s $15bn ETF arm....
October 30, 2023

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