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...The International Energy Agency says that by 2026 data centres could globally consume more than 1,000 terawatt-hours of electricity, more than double 2022 levels, roughly equal to Japan’s total electricity...
...Privately held ByteDance does not disclose its financial data. The company declined to comment on the financial figures....
...The business has focused on investing in international expansion, ecommerce and independent TV production, and tried to diversify its revenue away from advertising....
...Trading on a total enterprise value 7.7 times forward ebitda on capital IQ data, the chain comes in at a sharp discount to the branded sportswear stablemates as well as US peer Planet Fitness....
...The deal will bolster its Capital IQ Pro platform and allow for forward financial modelling....
...The Tesla chief also met Ren Hongbin, chair of the China Council for the Promotion of International Trade, a commerce ministry group, according to Chinese state media....
...Chinese EV producers want to dominate global markets and Beijing has a “strong incentive” to show the world that data security issues are not a barrier to international trade for Chinese EVs, she said....
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Uber’s return on capital last year was 3.1 per cent, according to S&P Capital IQ (ROC is basically after-tax profit divided by shareholders’ equity plus debt)....
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
...In 2023, Turkish Airlines’ revenue rose almost 14 per cent to $21bn, placing it within the ranks of top-10 global air carriers by sales, according to FactSet data....
...The UK government last year labelled China an “epoch-defining challenge”, to the international order but has stopped short of branding it a “threat”....
...This analyses sales of unique works at Christie’s, Sotheby’s and Phillips, with data from ArtTactic....
...He was a major player in the Trump administration when it was forcing TikTok to move its data to the US....
...“The data is telling us that people are starting to buy European ETFs,” Chedid said....
...The terms of the contract forbid the use of patient data for commercial gain, but human rights group Amnesty International said the deal had “huge implications for data protection”, adding that Palantir...
...Measuring companies in a more specific way — and giving fund managers better data to decide where to invest — is no bad thing. Alice Ross is the FT’s acting international economy news editor....
...Apple and Google-owner Alphabet were accused of favouring their own app stores while Facebook-owner Meta is being probed over its use of personal data for advertising....
...ByteDance’s US investors include the likes of private equity firm General Atlantic as well as Susquehanna International Group and Sequoia Capital....
...HBM is a critical component for generative AI because the high-end stacking allows quick data transmission between processors and memory, which in turn unleashes greater computing power....
...UK software group Solidatus, which helps companies manage their data, is ranked 91st....
...In the year to September 23, the Vuse product line generated $2.2bn in sales, accounting for 40 per cent of the total vaping market, according to a Goldman Sachs analysis of Nielsen IQ sales data from convenience...
...The data does not include contracts that were EU-wide....
...The International Energy Agency is out with its monthly oil report today with divergent views on demand from Opec....
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