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...The pair had partnered in a multibillion-dollar unsolicited takeover attempt of annuity specialist American Equity Investment Life, which the latter fended off....
...When customers using smartphones running Google’s Android software join an iMessage chat group all the messages change colour, indicating it has defaulted to standard SMS....
...Other media groups are also looking at deals involving their customer data, according to industry executives....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Unhedged spent a good chunk of last week trying to make sense of two newly listed companies: Reddit and Trump Media & Technology Group. On Monday, both sold off hard....
...Google is among the Big Tech groups investing tens billions of dollars to develop generative AI products that have the potential to transform technology and other industries....
...Dechert has hired Brian Miner as a partner in its corporate and securities practice group. He joins from Schulte Roth & Zabel, where he co-chaired its M&A and securities group....
...Polling shows that 61 per cent of Americans — and 91 per cent of Republicans — now consider illegal immigration to be a “very serious” problem....
...I should be careful about talking about work-life balance, but the Americans just work harder.”...
...“Iconic American sports figures are interested in soccer now because of Messi.”...
...Bubble hunters might be able to make a better case against Apple or Microsoft: they look more expensive than the two advertisers, but without better near-term growth (in Apple’s case, growth is much lower...
...The Houthis have launched attacks on ships that they describe as Israeli, British or American....
...Another area to watch is trade, where a long-planned deal with the South American bloc Mercosur, already in trouble, may be paralysed by a more rightwing EU legislature....
...group divests its shares....
...Below is a small representative group that, just on the numbers, caught my eye....
...China started commercial driverless development in 2013, about five years after groups in the US....
...on Apple devices....
...Microsoft recently overtook Apple as the world’s most valuable listed company, with investors excited by the software group’s moves in AI....
...What distinguishes Google from Apple, which makes the iPhone, is that Google does not control the hardware that uses its operating system....
...Having spent billions on developing generative AI, tech groups are now focusing on creating clear business models from the technology....
...The deal would also dent competition for workers and hamper their ability to obtain higher wages, according to the complaint, which was joined by a bipartisan group of nine attorneys-general from regions...
...The 489 is also not far from Apple at 28, Meta at 24 and Google at 21, and only a midsized jump away from Microsoft and Nvidia, both at 34....
...such as African-Americans and Hispanics....
...The list of technology companies that have moaned about app store rules includes Coinbase, Match Group, Spotify and Meta. None have managed to upset the status quo set by Apple and Google....
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