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CEO projects share of sales will double as companies integrate technology into operations
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...First, it was Germany’s Volkswagen announcing a series of groundbreaking tie-ups with Chinese tech groups....
...Whitehurst will become executive chair and return to private equity group Silver Lake....
...They are a perfect match. NetEase is looking for growth overseas. Getting its titles to Microsoft’s Xbox and other gaming platforms is key. Microsoft needs NetEase too....
...Match Group, a $9.9bn company that owns 45 dating brands including Tinder and Hinge, raised prices and introduced new subscription levels across its biggest platforms in 2023....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...The proposed rules would significantly relax investor protections, a fact the FCA acknowledges and some investor groups lament....
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...Could this be the day Big Tech finally met its match? The EU this morning announced investigations into Apple, Alphabet and Meta in the first applications of its landmark Digital Markets Act....
...the Chinese-owned group had “agreed to key changes in several critical areas (including artificial intelligence, platform safety, remuneration)”....
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...On Sunday, Tesla’s electric vehicles were included on a list of more than 70 car models that have been tested for data security compliance by a Chinese industry group....
...Investors value the group at just under $50bn, or about one-fiftieth of Apple’s market capitalisation....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...This sobering series reminds us that a cold war was not, as it’s sometimes described, a tactical chess match played between poised statesmen, but a game of Russian roulette played by erratic, unstable brinksmen...
...A second warning shot comes from Google, which recently rebranded its Google Assistant as Gemini to match the name of its latest large language model....
...Here’s what Europe’s biggest private equity groups did so right, writes Craig Coben at Alphaville....
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
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...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
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