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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
Technology sector
China blocks use of Intel and AMD chips in government computers
...The top criteria for evaluation is the level of design, development and production completed within China, according to a notice from the state testing agency....
March 24, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...This combination is transformational, and we are confident in our ability to execute, positioning Tapestry as a leader in innovation, talent development, and shareholder return for years to come....
April 23, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Such pledges have been made in other industries such as technology, with software groups offering not to enforce their rights to help facilitate the development of open source platforms....
April 22, 2024
Behind the Money podcast17 min listen
Baidu’s ‘do-or-die’ bet on AI
...For further reading: Baidu’s bet on AI could make or break China’s fallen tech group Tightened US rules throttle Alibaba and Baidu’s AI chip development Baidu shares fall after Ernie AI chatbot demo disappoints...
February 7, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
LexIthaca Energy Inc
Oil sector dealmaking does not herald a North Sea revival
...Ithaca owns stakes in many of the UK North Sea’s biggest potential developments, including Rosebank, Cambo and Fotla....
April 4, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
April 15, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...The figure represented a 13 per cent year-on-year decline, and research group Counterpoint said iPhone sales in the first six weeks of this year were also down 24 per cent from a year earlier....
March 21, 2024
Unhedged
Valuing Reddit, take 2 Premium content
...That’s in the range of what Snap and Pinterest did starting from a similar point in their development (Salmon rates Reddit a hold). There is one area of concern....
March 28, 2024
Artificial intelligence
Biggest tech companies pledge to fight AI-created election ‘deepfakes’
...Last year, groups including OpenAI, Google DeepMind and Meta agreed to open their generative AI models for review by Britain’s AI Safety Institute....
February 16, 2024
Apple Inc
Large Apple shareholders seek AI disclosures
...Last year, the US and UK unveiled efforts to scrutinise AI development. Some Big Tech investors have expressed concerns....
February 27, 2024
XPeng, Inc
China’s Xpeng to boost spending to survive ‘bloody sea’ of EV competition
...China’s auto manufacturing sector has hovered around 70 to 75 per cent in recent quarters, below the range of 76 to 82 per cent that prevailed before 2020, according to Gavekal Research, a Beijing research group...
February 19, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...China started commercial driverless development in 2013, about five years after groups in the US....
January 31, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
LexPfizer Inc
Pfizer: pharma group needs weight loss drug to secure post-Covid future Premium content
...If Pfizer had followed this route to market for anti-obesity drugs, rather than its own development efforts, its post-Covid plans would be more secure....
December 13, 2023
Moral Money
Can blue bonds hold water in the sustainable debt market? Premium content
...The fund will seek commercial returns, without concessional financing, said Tomasz Telma, global head of the IFC’s financial institutions group....
January 22, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
March 22, 2024
News in-depthBig Tech
Investors to look for AI-powered gains during Big Tech earnings season
...Competitors including Meta and Alphabet-owned Google have unleashed a wave of spending on AI start-ups and internal research and development as they rush to integrate the technology into their products....
January 22, 2024
Canon Inc
Canon aims to ship low-cost ‘stamp’ machine this year to disrupt chipmaking
...“We would like to start shipping this year or next year . . . we want to do it while the market is hot,” said Hiroaki Takeishi, head of Canon’s industrial group, who has overseen the development of the new...
January 28, 2024
Exchange traded funds
ETFs surge to dominant position in US model portfolios
...Todd Rosenbluth, head of research at VettaFi, a consultancy, also believed the growth of model portfolios was a positive development....
April 15, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...But she adds, “The whole ecosystem is costly, from the research and development phase to production.”...
April 18, 2024
Exchange traded funds
Investors poured $4tn into US ETFs over past decade
...The built-in in-kind redemption process “greatly reduces capital gains borne by fund investors and intraday trading capabilities”, said Matt Apkarian, associate director of product development for Cerulli...
February 27, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...It now has “several hundreds” of engineers dedicated to chip development, he added....
March 14, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...The group’s bumper profits last year compare with $700mn of net income for 2022 and $1.1bn in 2021....
April 4, 2024

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