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...markets....
...The ability to process large volumes of data is particularly important in the fast-growing area of power trading, where the regulated nature of electricity markets produces large amounts of information....
...It is also one of the most significant tests for the tougher antitrust stance adopted by President Joe Biden’s administration, with a particular focus on curbing the power of Big Tech....
...Japan, South Korea and Australia are tightening rules to rein in the market power of big tech groups, posing fresh regulatory challenges for Apple and Google following a similar crackdown in the EU and US...
...Microsoft is now worth more than $3tn compared with Alphabet’s of market cap of slightly less than $2tn....
...If markets are efficient then no easy pickings should exist for Silver Lake and its team....
...Google’s Cloud business revenue rose 28 per cent to $9.6bn as companies seek access to the vast computing power and chip infrastructure to train LLMs and ride the AI wave....
...Transfer Market Natalie Robyn is stepping down as chief executive of the Fédération Internationale de l’Automobile, the governing body for Formula One and other motorsports, after just 18 months....
...It argued that fewer big publishers would harm the earning power of top writers....
...The DMA, a sweeping set of rules unveiled in March 2022, aims to keep in check the market power of six “gatekeepers”: Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...The latest move by Number 10 comes after Conservative peer Baroness Tina Stowell introduced an amendment to the digital markets bill, which is currently going through parliament, to give the government powers...
...Hovenkamp: The first difficulty is the market power question....
...Rothschild had an astonishing convening power and had a seat at the nexus of art, finance, media and politics....
...“The design was driven by the market need, rather than what we could achieve,” Gilpin said. “Having the shipowners at the table was crucial.”...
...Michael Miller, executive chair of News Corp Australasia, said that Meta was using its “immense market power to refuse to negotiate” and that the decision not to renew the deals would feed through to the...
...An executive order in 2021 called for a “revitalisation of merger oversight” to “ensure Americans have choices among financial institutions and to guard against excessive market power”....
...Unlike rival firms, which have teamed up with major market players such as ChatGPT maker OpenAI and Harvey, Deloitte’s AI chatbot was developed internally by the firm’s AI institute....
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
...It is also too soon to count out the creative power of traditional big budget TV advertising....
...They cost much less to operate and those with the market power that Apple and Google possess keep on generating more cash as more apps appear....
...Epic’s lawsuit alleged Google abused its power to charge excessive fees, and made an operating profit of $12bn on its Play Store in 2021 alone....
...This further concentration of corporate power risks creating a seemingly impregnable intellectual capital and computing complex in AI....
...A Ford family trust controls 40 per cent of the carmakers’s voting power, ensuring that the pay changes still passed this year. Ford declined to comment....
...“After Paramount DMCC ceased marketing Russian oil in August 2023, Niels Troost has had no involvement in the Russian oil market whatsoever, directly, indirectly or through business interests.”...
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