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...However, as part of the EU probe, the iPhone maker has argued that iMessage should not be captured by the new rules because users do not pay directly for its use and its devices can be used without the messaging...
...Separately, the commission will take a year to determine whether Apple’s iPad operating system should also be part of the list, despite receiving no official submission by Apple....
...These would be similar to GPT-4, which powers part of Microsoft’s Bing search engine, and LamDA, Google’s model that powers its Bard chatbot....
...Raine — which has about 25 partners and managing directors, with total staff of about 175 — also played its part in a series of deals that formed Endeavor. It also has an investing arm....
...Attorney-general Merrick Garland noted that Apple’s net income — which was $97bn in 2023 — “exceeds the GDP of more than 100 countries”, in large part because of the success of the iPhone....
...The decree consists of three parts. First, breaking up AT&T into seven regional Bell systems....
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...At the same time, the industry is grappling with a decline in traditional advertising on TV or in newspapers in favour of the big tech platforms that are siphoning off parts of their business....
...VMware’s sale delivered more than $14bn in cash to Silver Lake and Dell, crystallising part of the duo’s $70bn in combined gains, according to Financial Times calculations....
...The cash payouts are only part of far bigger returns reaped by investors....
...In November, Dell and Silver Lake completed the sale of VMware to Broadcom for $92bn, reaping part of an astounding windfall of $70bn for Dell, Silver Lake and their investors from the combined transactions...
...Researchers from the University of California, Berkeley and the Lawrence Berkeley National Laboratory have already used the findings as part of experimental efforts to create new materials, according to...
...Sweeney said he believed Google’s loss was in large part explained by the weight of evidence against the company regarding the billions of dollars it paid the likes of Samsung over the years to keep its...
...The broader “services” segment it is part of has a 35 per cent operating income margin. Epic argues that the app store margin is far higher....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...“Silver Lake firmly believes in Endeavor’s business and is not interested in selling its shares in Endeavor to a third-party nor in entertaining bids for assets that are a part of Endeavor,” it added....
...Nirgunan Tiruchelvam, head of consumer and internet at Singapore-based Aletheia Capital, said “a battle for the spoils” was beginning, as “various parts of the business could be sold to people who are interested...
...Microsoft received an unexpected financial boost from generative AI while Google struggled with sagging growth in a core part of its business as it ploughs money into the tech industry’s hottest new technology...
...The exchanges also offer some ancillary services in support of their listings, some of which can form part of negotiations for listing, said people involved....
...Heavily indebted cosmetics maker Coty will sell 33mn new shares as part of a plan to seek a dual listing in Paris, hoping that a foothold on the French exchange will boost its profile with beauty-focused...
...Such loans, once a routine part of corporate restructurings, have in recent years become a lucrative path to payouts for lenders using aggressive financial and legal engineering....
...Most of the company’s international entities, and a TV joint venture with broadcaster A&E, are not part of the Chapter 11 filing....
...Dealmaker Bruce Rauner, who would later become the governor of Illinois, and Bryan Cressey became part of its leadership, forming Golder, Thoma, Cressey, Rauner Inc before Thoma and Cressey split away in...
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...to acquire Getty Images Holding, Inc....
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