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Related Special Reports
...Clients will be able to use BlackRock’s large language model technology to help them extract information from Aladdin....
...Technology revenues were up $37mn year on year to $377mn, and Fink told analysts that its Aladdin platform had notched up several “large mandates” with more to come....
...The two businesses will have combined revenue of £490mn, and have 189 restaurants in the US and the UK and a total of nearly 600 restaurants across 44 countries including franchises....
...Fink has said he is hunting for “transformational deals” that could expand BlackRock’s geographic footprint, help grow its Aladdin technology platform or boost its offerings in alternative investments....
...This week, Uber unveiled a partnership with Instacart, which will allow the grocery delivery group’s US users to order from restaurants listed on Uber Eats....
...“I have always loved the hunt – I buy wherever I can,” he once told me over lunch at Oswald’s, one of his favourite restaurants....
...Fertitta, whose net worth Forbes estimates at about $9bn, is the owner of US basketball team the Houston Rockets, the Golden Nugget casino business and restaurant chain Landry’s....
...While waiting, he got another ping; someone else had placed an order at the same restaurant and he was being offered that delivery too....
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...The world’s largest asset manager reported adjusted net income of $1.6bn, powered by faster than expected growth of its Aladdin risk management platform and other technology....
...In 2017, Restaurant Brands bought Popeye’s Louisiana Kitchen for $1.8bn in cash to get into the chicken sandwich game. And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...I recently watched a young boy sitting bored at a table in a restaurant, clearly wanting to talk, being ignored by another child and two adults all staring at their screens....
...The number of Uber trips in the fourth quarter surged 24 per cent to 2.6bn, while adjusted profit margins for both the ride-hailing and the restaurant, grocery and retail delivery businesses improved year...
...fallout eases (FT) Betting group Flutter proposes moving listing from UK to New York (FT) Arc’teryx apparel maker Amer Sports considers IPO price below range (FT) Private equity firm McWin buys €80mn restaurant...
...Under chief executive Dara Khosrowshahi, Uber has pushed into businesses beyond its core ride-sharing and restaurant delivery segments, including grocery delivery and advertising, which has boosted margins...
...One nine-second clip, for example, features an empty McDonald’s restaurant, supposedly after all the employees had quit en masse....
...Fallout from the global financial crisis drove down activity at its customers such as restaurants and construction sites, and it lost business to fly-by-night competitors....
...BlackRock will make a minority investment and link the technology to its Aladdin offering for wealth managers....
...The US corporation — owner of 41 other ski resorts — is acquiring 84 per cent of the lift and mountain operations, and 11 restaurants....
...How can we double down on what we’re doing with Aladdin technology? How can we build out our footprint globally at this time. And so we’re looking across the board as there are issues. . . ....
...Blue Apron, once a near $2bn US company, has been bought by mobile restaurant start-up Wonder Group for $103mn. That should unnerve investors in European rival Hello Fresh....
...As London’s city centre has been hollowed of residents and lunch hour has taken precedence, this offering has been streamlined into an Aladdin’s Cave of speciality preserves....
...Wilkinson contrasted that with what NCR is working on with its big customers: grocery stores, petrol stations and restaurants. “They are all very concerned about sustainability,” he said....
...Revenues from the group’s Aladdin risk management system and other technology services rose 8 per cent year on year to $359mn, above analysts’ expectations....
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