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...Back in the days of Moby-Dick, ships would set sail on the seas for an average of 3.6 years in the hope of harpooning a whale....
...“They have accepted the principle that there needs to be payment . . . but we have not got to the point of talking zeros....
...Silicon Valley’s search for a consumer device to succeed the smartphone has revived an idea that crashed and burnt almost a decade ago: Google Glass-style headsets....
...I’m not sure of the market relevance of either point, but there you go. Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...The question is whether it levels off at a certain point. A natural monopoly would be one where bigger is continuously better all the way up to the point that the entire market is saturated....
...GroupM estimates that the global industry will increase by 5.3 per cent in 2024, a slight decrease on last year’s growth....
...Consumer prices rose at an annual rate of 3.2 per cent in March, down from 3.4 per cent in February, the Office for National Statistics said today....
...The package they clinched on Thursday included a $4.25bn loan that pays an interest rate just 3.25 percentage points above the Sofr floating rate benchmark, a level far below the threshold considered last...
...“We’re going to get to the point where nearly every mile driven in the US is by an AV,” Vogt adds. “There are 3.7tn miles driven [per year]....
...The FT View: Ensuring Putin does not prevail in Ukraine is the best way to prevent his fifth term from extending into a sixth. 3....
...It was November 3 2022, just days after Musk had somewhat reluctantly closed the deal to buy Twitter. The new owner was on a call with marketers and advertising executives....
...Winston Churchill (while his full name does not have two “t”s, his last name does) 3. Tony Blair 4....
...Whether the company, once a symbol of Silicon Valley excess, has truly matured and can maintain a healthy level of profitable growth will now be at the top of investors’ minds....
...Operating margins rose 1 percentage point to 29 per cent from a year ago and were up 4 percentage points from the previous quarter....
...Once-high flying institutions such as Credit Suisse, First Republic and Silicon Valley Bank crumbled and a drought of deals has caused mass investment banking lay-offs....
...since the collapse of Silicon Valley Bank in March....
...The fact that it has occurred, Japan-focused investors say, could point to greater market confidence that companies can no longer afford to be complacent....
...One way that has come is in the form of great deals on loan portfolios, as lenders look to boost their liquidity after the turmoil at First Republic and Silicon Valley Bank....
...Latino voters’ share of the electorate has doubled since 2000 to 14.3 per cent, and while they tend to favour Democrats, a 2020 report from data group Catalist found an 8-percentage-point increase in their...
...It is not clear at this point whether either class has priority over the other....
...Here’s the latest on the talks to free dozens of hostages. 3....
...The yield on the 10-year gilt fell 0.2 percentage points to 4.46 per cent, its largest one-day fall since the collapse of Silicon Valley Bank in March....
...RM: When did LLMs get to the point of understanding? AN: Understanding comes in gradual degrees. I don’t think it’s a binary criterion....
...Elaine Moore For the Silicon Valley investor Roger McNamee, Zuckerberg’s decision to start gathering vast amounts of data on users from all over the web was the turning point for Facebook’s business....
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