Hints and tips:
...It “provides a significantly better data point around management’s commitment to deliver cost savings over the next few years”, Erickson added....
...West coast editor Richard Waters says the magnitude of the EU’s giant test in micromanagement is hard to overstate....
...UBS has hired Sean Lynch as a managing director for technology investment banking in California. He previously worked for Barclays....
...According to data compiled by bankers at Barclays, Elliott by far is the firm that gets the most board seats via settlements....
...One of the latest of such deals came this week, when Ares Management agreed to buy $3.5bn in speciality finance loans from PacWest, a Los Angeles-based lender that was plunged into hot water after SVB’s...
...It’s a far cry from Burford’s situation four years ago, as it battled accusations of dodgy accounting and a collapsing share price upon becoming the latest target of short seller Muddy Waters....
...Or trash management at least....
...Technology equity analyst Dan Ives at Wedbush Securities said that Twitter was worth closer to $15bn today than the $44bn Musk paid for it....
...richard.waters@ft.com...
...Chief executive Sundar Pichai has sought to depict the retrenchment as a sign of management discipline in the face of economic upheaval....
...Responses have been edited for length and clarity....
...A former supply chain executive says that the high staff turnover that resulted from Musk’s management style meant that with every new model, Tesla had to relearn the same lessons again....
...At least one other significant long-term shareholder agrees, telling the FT’s Andrew Edgecliffe-Johnson: “We have some serious doubts around management and governance.”...
...This could be achieved in tandem with the government by using its influence over Banks, risk management, institutional investors and targeted public money creation....
...A second, related failure was the company’s inability to resolve a fundamental question: Whether it is primarily a media or technology company....
...One person who worked closely with Ms Gebru said that there had been tensions with Google management in the past over her activism in pushing for greater diversity....
...At Amazon, the scale of the employee movement rang alarm bells with management....
...We are in uncharted waters. Panicos Demetriades: This is a very tough question. I believe the global economy and, in turn, the UK are in uncharted waters....
...“The current juggernauts are really hard to stop,” said Kevin Landis, chief investment officer at Firsthand Capital Management....
...Sometimes, “regulation can get it wrong”, he tells the FT’s Richard Waters....
...Mr Pichai said he was confident its latest efforts, under a new management team, would yield “long-term” results....
...Shares of the largest US technology companies, including Amazon, Apple, Facebook, Google and Microsoft shot higher on Wednesday....
...Fighting dirty: making sense of huge French M&A mess One French water and waste group, Veolia, wants to buy fellow French water and waste giant, Suez....
...None of the three tech companies let shareholders put questions directly to management....
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