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...“Instagram has outperformed TikTok in adoption over the past few years, driven by the popularity of its reels feature along with legacy social media features and functions,” said Abraham Yousef, senior insights...
...“Cook’s legacy as an operator is already solidified as world class,” said Gene Munster at Deepwater Asset Management. “His legacy as an innovator is going to hinge on how the Vision Pro plays out.”...
...Unlike legacy carmakers, Tesla is particularly exposed to the slowdown in battery-powered cars given it exclusively makes EVs....
...The prediction reveals how vital legacy television remains for content producers. Yet the broadcaster showing this year’s game, Paramount, is traditional television’s most distressed provider....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...Budget carriers Spirit Airlines and Frontier Airlines, which advertise low base fares but rely more on ancillary revenue than legacy carriers, opposed the rule as well....
...Rossbach believes it is critical to understand how the pair will “contribute to and take” Buffett’s investing legacy forward....
...Netflix struck an optimistic note about the health of its business, marking a sharp contrast with legacy Hollywood studios suffering from steep declines in linear television and heavy streaming losses....
...That’s more than generous for a business the CEO talks about as a legacy sideline....
...The deal would make Ithaca one of the biggest independent oil producers in the North Sea and could spur further consolidation, as companies seek scale to fund investment and the cost of decommissioning legacy...
...Tesla is primarily based on the expectation that it will see an iPhone style consolidation of the auto market outside of China, with Tesla’s lead in EVs enabling dramatic share gains, especially as the legacy...
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...But no deals emerged, leading some investors to conclude there is little appetite among private equity or tech companies for acquiring legacy businesses....
...Jain, described by one former employee “as a sweetheart” but “tough as nails” if you’re negotiating against him, masterminded the deal in which Berkshire took over legacy asbestos and other long-term claims...
...“Today we add to that distinguished legacy,” said Kanter. The DoJ last year sued Google for allegedly exercising monopolistic control of the digital advertising market....
...Unlike legacy manufacturers, it does not have petrol models to fall back on, and nor does it make hybrids, whose sales have picked up over the past year as buyers opt for something less than fully electric...
...Legal legacy Ira Millstein’s work led to a landmark shift in the centre of corporate power from company management to boards, the FT writes in an obituary of the lawyer....
...Like other legacy entertainment companies, Warner is facing a sharp decline in its traditional television business....
...Historically, BlackRock has managed its ETF products separately from other funds, a legacy of the 2009 purchase of the iShares index fund business from Barclays....
...But it is also saddled with declining legacy television assets and a heavy debt load....
...Jobs’s legacy seems more secure, including his exquisite attention to detail, applied even to the inner workings of Apple devices....
...Even China’s BYD, which has overtaken Tesla in EV sales, had a legacy making engine cars....
...The VC firm’s current chief Roelof Botha took over in 2022, and has had to navigate a delicate balance between building on past successes while carving out his own legacy, all in a challenging investing...
...[All LOB percentages in this report are based on 2024E revenues ex-legacy businesses.] (2) Citi’s financials over three years should refute two big concerns—efficiency and capital....
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