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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
Semiconductors
Japanese chipmaker Renesas steps up deal spree with $5.8bn Altium bid
...Paul Mason, an analyst with E&P, said: “This is clearly a positive development for the Altium share price....
February 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
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
Google LLC
Google streamlines structure to speed up AI efforts
...It represents a major increase in power for Hassabis, who joined Google when it bought his start-up in 2014, and who now controls much of its AI development and product output....
April 18, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...While money from Covid vaccine sales is a key driver of the dispute, the patent battle could prove influential for the development of future mRNA-based products....
April 22, 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
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Derivative exchanges
The Cboe wants to ‘debunk’ some 0DTE myths
...As a paper published a year ago noted (Alphaville’s emphasis below): We use recent exchange-related developments to identify option trades that originate from retail investors, and find that more than 75%...
April 15, 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
Tesla Inc
Tesla steers back towards cheaper cars
...Lars Moravey, head of engineering at Tesla, said many of the developments for the “next-generation” model were “transferable” to the new models, including the battery system, heating and a reduction in the...
April 25, 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
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
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...A growth target of 5 per cent is “in line with expectations, reality and the need for developments”, the ministry said....
April 10, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...He is expected to open Apple’s eighth retail store in Shanghai on Thursday and attend the China Development Forum, which starts over the weekend....
March 21, 2024
Artificial intelligence
Biggest tech companies pledge to fight AI-created election ‘deepfakes’
...According to the voluntary accord signed by the companies, the rapid development of AI was “creating new opportunities as well as challenges for the democratic process”, and the spread of deceptive content...
February 16, 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
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
UnhedgedRobert Armstrong
Where increasing returns come from Premium content
...What distinguishes them commercially is not the development and recombination of ideas. Other companies have offered very similar products, but couldn’t reproduce their networks....
February 5, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...The cost of development was not made explicit in expenses. Yet when the project was shuttered, the share price rose 1 per cent....
March 7, 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
...This is an opportunity for our development,” He said. He added that Xpeng, which was founded in 2014, had been in a “bloody sea” of competition since its founding 10 years ago....
February 19, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...Apple says it has been accelerating its research and development, spending nearly $30bn last year, with a fivefold increase in spending over the past 10 years....
February 27, 2024
LexOffice life
Burnout: pastoral flair reduces mass stress at Christmas Premium content
...In the UK, annual sickness absence rates are at their highest levels in more than a decade, at an average of 7.8 days per employee, says the Chartered Institute of Personnel and Development....
December 17, 2023
LexEnterprise software
GitLab: AI tools are key to raising net retention rates Premium content
...Software development companies must therefore convince investors and customers that AI will enhance existing services, not replace them. San Francisco-based GitLab is doing a good job of that....
December 6, 2023
Anjli Raval
Competent jerks have a shelf life in the office
...Jean-François Manzoni, president of the International Institute for Management Development, says entry into the executive committee is usually when tensions are most starkly revealed....
January 14, 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
FT Swamp Notes
Does DoJ versus Apple signal a market top? Premium content
...Some of those costs are immediate and obvious, and they directly affect Apple’s own customers: Apple inflates the price for buying and using iPhones while preventing the development of features like alternative...
March 25, 2024

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