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...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
...The company has vowed to mount a legal battle against the US legislation while the Chinese government has said it would oppose a sale. Any divestment will be difficult....
...The $16bn they identified highlights the scale of the group’s operations in the country as Congress seeks to force a sale of the platform to an American buyer....
...“You don’t shrink yourself to greatness in these companies.”...
...The most obvious way for TikTok to avoid a ban is through a sale that separates the app and its US user data from its Chinese parent company. However, this is unlikely....
...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....
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
...If the US did order ByteDance to cut ties, the possible pool of buyers for a company this size could include consortiums or big tech companies....
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...BioNTech and Pfizer have described a similar patent filed in the US as “unimaginably broad” in American proceedings....
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
...BHP has proposed a £31bn deal to buy Anglo American, one of its largest rivals, in a deal that would mark the mining sector’s biggest on record....
...Snacks and drinks seller PepsiCo beat earnings expectations in the first quarter on stronger international sales, but revenue growth still slowed as North American consumers remain sensitive to higher prices...
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...Most private equity exits don’t involve floating the company on a stock exchange. Last year, 80 per cent of exits were sales to corporate buyers ($271bn)....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...Why does BHP want to own Anglo American? It doesn’t, it wants to own some of Anglo American, specifically the bits that don’t need fixing....
...Like really, we should be thought of as an AI or robotics company....
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
...The Trump administration previously tried to ban TikTok, but the company blocked the move in the courts....
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...Besides diamonds, the London-based company managed to maintain its guidance across its other commodities such as copper, iron ore and steelmaking coal....
...Nonetheless, analysts have forecast bumper sales for the two drugs given the 7mn Americans and more than 50mn people worldwide suffering from Alzheimer’s....
...Lab-grown diamonds have weighed on prices recently, making the entire company a more feasible takeover target. If Anglo American wants to avoid being bought, it’ll have to double down....
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