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...The risk for publishers is that their advertising offer becomes much less valuable at a time when they are already losing ad revenues, which has led to thousands of job cuts in the past year....
...SoftBank led a $250mn funding round for data security start-up Cohesity after the founder pitched Son there....
...The $100mn funding led by Warburg Pincus provides the Lithuanian technology group financial clout to expand its product range and buy other companies, said Tom Okman, its co-chief executive....
...Alongside investing in telecoms, Warburg also backs companies in the technology, healthcare and business services sectors, among others....
...DeepMind co-founder Sir Demis Hassabis was appointed the head of the combined group, named Google DeepMind, gaining a privileged position that has led to resentment among those who believe the product teams...
...Andreas Schwab, the MEP who led the discussions on the DMA, said: “It’s quite clear where we stand now: overall, different efforts and a few changes were made but they are not up to the challenge.”...
...The green investment backlash led by US Republicans has led to investment funds pulling more than $13bn from BlackRock, the world’s largest asset manager....
...Diversifying public sector technology procurement could help institutions avoid the risks of relying on a single legacy supplier....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...The Australian agreement was the first between the global technology industry and media companies in the world....
...The use of data-led analytics, he adds, also plays into the hands of large management consultancies such as Accenture that are also offering marketing services as part of their offer to corporate clients...
...In 2023 Silver Lake acquired software provider Qualtrics for more than $12bn and privatised European technology company Software AG for about €2.6bn....
...The difference this time is that the new wave of smart glasses, led by Meta’s Ray-Bans, are infused with artificial intelligence....
...Ultimately, Raine whittled it down to a Qatari group led by Sheikh Jassim bin Hamad al-Thani and Monaco-based British billionaire Ratcliffe....
...More than 100 countries led by the US and Europe signed up in 2021 to a global methane pledge to cut emissions 30 per cent by the end of the decade....
...This has led to concern that rights holders, from media companies to image libraries, will make legal claims against third parties who use the AI tools trained on their copyrighted data....
...Baker Tilly secured a $1bn investment led by H&F in February....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...Millennium Management, the $60bn hedge fund led by Izzy Englander, and Schonfeld Strategic Advisors have terminated talks to form a partnership, according to people familiar with the situation....
...Car crash Internal disagreements over the direction of the Apple car led the effort to sputter for years before it was cancelled this week, The New York Times reports....
...We are focused on advancing our technology and earning back public trust,” the company added. Cruise on Thursday said it was co-operating with law enforcement agencies....
...According to research firm Gartner, cloud computing already accounts for nearly a fifth of global information technology spending and will be responsible for much of the growth in the foreseeable future,...
...[We] are looking at different opportunities related to technology, private markets....
...Aggarwal, who owns 37 per cent of Ola Electric, told the FT that the six-year-old EV company did not need more private capital following a Rs3.2bn funding round last year led by the Singapore government-owned...
...But banks led by JPMorgan Chase lobbied hard to underwrite a financing over the past four months as a new deal moved closer to the finish line....
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