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iPhone maker has also created a secretive Zurich lab as it prepares fightback against rivals
Izzy Englander poaches latest partner from Wall Street bank, where David Solomon faces fresh unrest
Proposals would mark first time any of the software group’s core product falls behind a paywall
...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...Microsoft took a board seat and 4 per cent stake in London Stock Exchange Group as part of a 10-year partnership....
...Financial Credit Investment 1, the entity Apollo refers to in its above statement, is part of what the complaint calls the FCI suite of funds: Despite its purported corporate legitimacy, FCI and the various...
...The two businesses together employed more than 780 people in January at their current offices at 120 London Wall....
...The decision to go private will end a turbulent period on the London stock market for Darktrace....
...Citadel’s and Millennium’s gains were lower than in 2022, when Citadel’s main fund gained 38.1 per cent and the firm made a record $16bn in profits, establishing it as the most successful hedge fund manager...
...FMX’s futures trades will be cleared by LCH, the clearing house controlled by the London Stock Exchange Group....
...The family lost control of the group after failing to repay bad debts of close to £1.2bn last year to Lloyds Banking Group....
...Data from Sweden’s statistical agency show that there are 1.33mn registered enterprises in the country....
...Another win for private equity; not so much for London. camilla.palladino@ft.com...
...The retailer filed a notice of intention to appoint administrators at the High Court in London on Tuesday....
...In one big move in the aftermath of ChatGPT’s launch, Pichai pushed through a merging of its two AI research divisions: London-based DeepMind and California-based Google Brain, last April....
...However, its most advanced model, Gemini Ultra 1.0, will be offered as a chatbot, and integrated into the company’s suite of productivity tools such as Gmail, Docs and Sheets, through a premium subscription...
...Since 1936, S&P 500 dividend yields have averaged 3.5 per cent, but in the past 12 months, that yield was just 1.5 per cent....
Tech giant responds to complaints that Gemini model was creating images of people in inaccurate historical contexts
...By 2023, that figure had jumped to $1.2bn though the stock price had fallen below $20....
...About 150 of the firm’s 1,000 employees were informed on Wednesday that they were losing their jobs, according to a person with direct knowledge of the situation....
...Sheikh Mansour owns Premier League football club Manchester City, while RedBird IMI last month agreed to buy a British television production company, All3Media, for more than £1.1bn....
...Microsoft said that “currently, AI compute accounts for only a fraction of the electricity used by datacenters, which collectively use about 1 per cent of global electricity supply....
...Partners at the firm took home an average of £1.06mn during the period, which was the highest average partner pay among the Big Four last year....
...Since 1 AD, history reveals distinct time periods during which the rate of economic growth has transformed structurally — as shown below....
...Privately held Vitol, which employs about 1,800 people, made a record $15.1bn in net profit in 2022 and about $13bn in 2023, making it one of the most profitable companies in the world on a per capita basis...
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