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...Plaid’s investors include Silver Lake Partners and Ribbit Capital, as well as the asset management arms of JPMorgan Chase, Goldman Sachs and American Express....
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...The commission said it was looking at whether Apple was meeting its obligations to allow users “to easily uninstall any software applications” on its iOS operating systems and change default settings, browsers...
...Avid Bioservices, a small-cap company that helps develop and manufacture drugs for pharmaceutical companies, filed this with the SEC yesterday: On February 29, 2024, Avid Bioservices, Inc....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Andy Yen, chief executive at email service Proton, said: “I don’t think a company like Apple cares [about the fine]. It’s a slap on the wrist.”...
...ICEV has written to Reddit’s leadership to express our disapproval of the decision and convey the importance of one share, one vote arrangements....
...There is no need to pay for special treatment when he runs a vast, accessible and efficient express door-to-door fulfilment service for all of his believers....
...Asda, the UK supermarket chain owned by TDR Capital and the billionaire Issa brothers, is converting to its Asda Express brand 470 local stores that it acquired in 2022....
...Google reportedly pays Apple between $18bn to $20bn annually to be the iPhone’s default search engine....
...In European countries experiencing recessions, demand for express services fell....
...There’s an allegation of tying the buy box [ie, better placement on a product order page] to Amazon fulfilment services....
...The biggest hit to the iPhone maker could come from a US antitrust trial against Google, where it emerged that the fellow tech giant had paid more than $26bn in 2021 to make its search engine the default...
...But American Express chief executive Steve Squeri found himself facing particularly worrying circumstances....
...In this year’s shareholder letter, Buffett discussed Berkshire’s ongoing winnings from American Express and Coca-Cola, both big blue-chip bets made in the 1990s....
...HBO has been the centrepiece of the flagship Max streaming service from the combined group Warner Bros Discovery, as it looks to compete with larger rivals Netflix and Disney....
...“There are things you can do to generate improvements in operational efficiency and customer service and, obviously, revenues.”...
...For Apple the so-called Information Services Agreement is genius. It receives billions of dollars for something it might do anyway. Google Search is popular with users....
...The iPhone maker is also making changes to how users select the browser on its devices, presenting them with a choice screen that allows them to set an alternative browser to Apple’s Safari as the default...
...The holding company has some assets in Hong Kong, such as an electric vehicle company and a property services company, that can now be taken over, although they also in turn hold assets in the mainland....
...However, the banks noted that savers had less money in the bank than 12 months ago as they continued to spend, while defaults have started to climb....
...The coming default wave widely expected by analysts is going to feature a lot of PE-backed companies. But it looks like investors broadly agree that things aren’t quite as one might think....
...Services like ChatGPT run in the cloud, and though the companies behind them would no doubt love to shift some of the expensive processing demands of these services on to their users’ personal devices, it...
...My sense is you’re going to have some increase in defaults, certainly in high yield. But it’s really hard for investment-grade companies to default....
...The central issue in the case was whether Google stopped rivals to its Play Store and payment services from gaining traction on Android devices....
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