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Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...The business was viewed as one of the bank’s most successful units, but took up too much capital and was jettisoned as part of a final restructuring plan....
April 24, 2024
Grant Thornton LLP
Grant Thornton’s retired partners demand bigger payout from private equity sale
...A dozen former partners, including ex-chief executives Brad Preber, Ed Nusbaum and Mike McGuire, have formed a group to “act as a point of contact” with the firm, according to an email it sent to retirees...
March 29, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Google LLC
Google considers charging for AI-powered search in big change to business model
...Google is considering charging for new “premium” features powered by generative artificial intelligence, in what would be the biggest ever shake-up of its search business....
April 3, 2024
Apple Inc
Google and prominent telecom groups call on Brussels to act over Apple’s iMessage
...The European Commission, the EU’s executive body, is investigating whether iMessage should be on a list of services that must comply with the new Digital Markets Act, and so be able to connect seamlessly...
November 8, 2023
Google LLC
Google streamlines structure to speed up AI efforts
...“Ultimately we are a workplace and our policies and expectations are clear: this is a business, and not a place to act in a way that disrupts coworkers or makes them feel unsafe, to attempt to use the company...
April 18, 2024
Paul Killik
Why buying company shares has gone out of fashion
...This is a troubling phenomenon when it comes to the investor-investee relationship and the governance of UK business....
April 5, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...The adoption of the EU’s Digital Markets Act, which came into force this week, amounts to a giant experiment in government micromanagement of everything from Apple’s App Store to the Google search engine...
March 7, 2024
Trading technology
Citadel Securities moves data and algorithm testing to Google Cloud
...Google has a 10-year deal with derivatives exchange CME Group and invested $1bn in the Chicago-based business....
April 9, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...Meta said: “Subscriptions as an alternative to advertising are a well-established business model across many industries . . . We will continue to engage constructively with the Commission.”...
March 25, 2024
Energy sector
Commodity traders bet on big data and AI
...“But I would say that it’s helping with business efficiency today more than cracking the code of what the market is going to do this afternoon.”...
April 21, 2024
Google LLC
Google releases ‘Gemini’ in new effort to cash in on generative AI
...On Android phones, Gemini acts as a virtual assistant that responds to voice and text commands....
February 8, 2024
FT Alphaville
Doug Cifu has let FT Alphaville down
...It’s a mouse click business. Every day, we’re working our asses off to compete with Citadel, et cetera, and the exchanges and 40 different ATSs....
March 13, 2024
Britain after Brexit
Five ways to support business and innovation post-Brexit Premium content
...But leaving the EU means that now has to change, both in business and bureaucracy. (See all of the above)....
February 29, 2024
Disrupted Times
Brussels blasts Big Tech
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
March 25, 2024
Inside BusinessSujeet Indap
Apollo back under scrutiny over expenses scandal
Appeals court says group’s practices troubling enough to reverse previous decision over former senior partner
March 27, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...They added that any successful deal would face multiple challenges, including how to deal with Paramount’s cable business....
April 19, 2024
The Big Read
How Google lost ground in the AI race
...Despite internal rumours that there would be a similar reorganisation across Google, such as appointing a single product chief across all its services, Pichai continues to act in that role....
April 5, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
Experts believe carmakers and tech companies are closing gap with US rivals despite Beijing’s safety concerns
January 31, 2024
Unhedged
Armen Panossian: why the Fed might not cut Premium content
...If we do have some economic growth, inflation is under control and unemployment is stable, the Fed doesn’t really have a reason to act....
February 16, 2024
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...Ofcom considered that International Media Investments, a majority partner in the takeover vehicle’s owner, “may have the incentive to influence TMG in a way that could potentially act against the public...
March 19, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...The firm also named Chris Gordon and Robin Marshall as the heads of its global private equity business....
March 28, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...“We saw that with 5G, it becomes much more important to do [chip development] in-house than it used to be,” said Freddie Sodergren, Ericsson’s head of technology and strategy for business area networks....
March 14, 2024
Ted Baker PLC
Ted Baker preparing to appoint administrators
...Ted Baker is on the brink of collapse unless it finds a new business partner, casting doubt over the future of hundreds of high street jobs at the UK fashion brand....
March 19, 2024
Unhedged
Dealing with the dividends doubters Premium content
...How peculiar is it to measure success in business by selling the business, not by benefiting from the success of the business? You actually have to part with an asset....
February 21, 2024
Scoreboard
The sports payday made in Manchester Premium content
...It’s one of the many things we’ll be discussing at The Business of Football Summit, which returns next month in London....
January 20, 2024

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