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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Wellness is another growth area on social media that has attracted influencers who offer advice without any medical experience and are seeking to sell products or services....
April 23, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Google LLC
Google considers charging for AI-powered search in big change to business model
...Google this year added a new premium tier to its Google One consumer subscription service for users who wanted to use its most advanced Gemini chatbot....
April 3, 2024
News in-depthPrivate equity
Private equity groups step up pursuit of white-collar partnerships
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
March 18, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
April 19, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers...
April 18, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
Sellers will be able to charge different prices to consumers based on the card they use
March 26, 2024
Eurozone economy
Eurozone business activity rises to 11-month high
...Price pressures also picked up, as services companies passed on higher wage costs....
April 23, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...A new platform and devices team run by Rick Osterloh, senior vice-president of devices and services, will encompass those working on the hardware and software behind Android, the Chrome browser, search and...
April 18, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also states that platforms offering ranked search results must treat the listing of third-party services in a “fair and non-discriminatory” manner....
March 25, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
ADM, Chemours, Mattel and NYCB are among groups admitting that weaknesses in controls delayed financial reports
March 1, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Moderna paid $1,053,767 for security services to Stéphane Bancel, after not disclosing any security payments for him the previous year....
April 21, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...The streaming service is betting that screening three live programmes a week will allow it to capture the large and loyal fan base for a show that helped launch the careers of Dwayne “The Rock” Johnson,...
January 23, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Special ReportNorth America Innovative Lawyers
Standout examples of in-house lawyers’ work
Case studies in best practice among general counsel and company legal teams in North America
December 5, 2023
LexAsset allocation
Larry Fink’s faith in the power of markets needs some tempering Premium content
...They function as a place for depositors to safely store their cash and obtain other financial services beyond loans....
April 2, 2024
Airlines
US airlines under fire for raising baggage fees again
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
March 10, 2024
Unhedged
Inflation is not going quietly Premium content
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
April 11, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...WBD executives see the move as a chance to expand into new markets for consumers who either do not yet have a streaming service or who are willing to pay more for a rival service....
March 21, 2024
Ripple Labs, Inc.
Ripple Labs joins stablecoin rush amid crypto market revival
US company aims to provide ‘portal’ between digital assets and securities markets
April 4, 2024
Exchange traded funds
US active ETF flows soar past previous records
Flows jump on both monthly and quarterly basis helping assets to surge past $750bn mark
April 11, 2024
Citigroup Inc
Citigroup profits beat forecasts as bank sheds thousands of jobs
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
April 12, 2024
Exchange traded funds
BlackRock splits custody business for Irish-domiciled ETFs
...The US bank and custody giant joins domestic rival State Street as a depositary and administration service provider for the Irish ETFs....
February 14, 2024
Markets InsightCaroline Escott
Reddit’s IPO is a regrettable mis-step in corporate governance
The listing of dual-class shares will mean the partial disenfranchisement of many investors
March 21, 2024

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