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...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
...Washington has imposed sanctions on a growing number of Chinese companies on national security grounds, legislated to encourage more tech to be produced in the US and blocked exports of advanced chips and...
...In the US, the proportion of female workers in tech rose from 31 per cent in 2019 to 35 per cent by the end of 2023, according to data from the US Bureau of Labor Statistics....
...were put on some form of performance management plan or facing dismissal....
...If you’re an out-of-work fund manager who’s shopping for a market where the crap can be easily identified, yet will be too big to fall out of passive portfolios, it’s recommended reading....
...Such software is part of the new and growing sector of “collaborative work management”, where providers include Asana and Monday.com....
...Henry Liu, director of the FTC’s competition bureau, said Tapestry had the goal of becoming a “serial acquirer” and that its push to buy Capri would “further entrench its stronghold in the fashion industry...
...Ballast for the theory comes from a National Bureau of Economic Research paper....
...That is lower than the $130,000 median salary for software developers in the US, according to the Bureau of Labor Statistics, but would still put BairesDev’s workers in the top 5 per cent of earners in their...
...The sexy six (The Mag 7 less Tesla, which has fallen) account for almost a third of all gains. But this is a function of big tech’s huge size....
...Advertising revenue through search and YouTube, which accounts for more than three-quarters of Google’s top line, grew 13 per cent to $61.7bn, compared with analysts’ consensus forecast for $60.2bn....
...The start of the year, when companies set out their plans for the next 12 months, is often a period of disproportionate job cuts, said Keum....
...For years it was one of the few Big Tech companies to avoid major antitrust action by the US. Now it is under intense scrutiny from regulators in two of its key markets, the US and the EU....
...Ann Francke, chief executive of the Chartered Management Institute, says the videos can be a “wake-up call to leaders about potential management shortcomings”....
...“Apple should be transparent in their uses of AI and their risk management processes.”...
...Just 10 mega-stocks account for a fifth of the MSCI All-Country World index, the highest concentration in decades....
...The idea that work requires a separate, stiffer identity is falling out of favour....
...He didn’t need the money after six years working in tech and the experience was not enjoyable. His last day delivering food was blazing hot....
...“People are looking at the specifics,” said Fawaz Chaudhry, head of equities at Fulcrum Asset Management. “I would say for Tesla at least, some of the sheen was unearned in terms of AI . . ....
...EV-enabled lift-off China accounts for 50 per cent of the world’s total eVTOL models, far above the US’s 18 per cent and Germany’s 8 per cent, the latest research shows....
...Games account for more than half of that revenue....
...To me, the history of Apple shows us Morgan Stanley is right: the tech market self-corrects. I’m not sure the justice department needs to help out....
...Nevertheless, “investors are skittish on what came out of China”, said Dave Wagner at Aptus Capital Advisors....
...A more benign while still realistic view comes from Gene Munster of Deepwater Asset Management....
...LSEG hasn’t split out earnings in its latest accounts, but S&P Global says its indices generated net profits at $925mn in 2023, and MSCI said they clocked in at $1.1bn....
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