Hints and tips:
...Deloitte is the first of the Big Four to publish a full breakdown of its revenue growth for the 2023 fiscal year....
...Their products were designed partly with the self-interested aim of maximising their own revenue in the first place, so forcing them to go back to the drawing board may be the only way to increase competition...
...By sector in the UK, the strongest growth was in the core audit and assurance business, which recorded revenue growth of 20 per cent to £869mn. Revenue in consulting grew 16 per cent, to £1.6bn....
...More than 8mn AI generated images were added to Shutterstock’s library in the first 45 days after Dalle-2 was added to the website, Redburn says....
...Audit and assurance revenues grew at a more modest 8.7 per cent to $11.4bn as companies continue to turn to auditors to review their disclosures relating to their impact on the climate....
...FTX claimed that its 2021 financial results had been audited by Armanino, one of the 20 largest accounting firms in the country by revenue, and Prager Metis, which styles itself the first accounting practice...
...V. About two dozen people attended the final hearing in Ganieva’s civil action against Black, in a harshly lit room inside an Italianate office building in Tribeca. It was May 2023....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...kadhim@ft.com / sid.v@ft.com...
...AWS and Microsoft got to this idea first, with services known, respectively, as Outposts and Azure Stack....
...Countries in Central Asia, attempting to recover from their first recession since transitioning from the Soviet system in the mid-1990s, have been hit hard by falls in gas revenues from China as well as...
...It is the first time he has reflected publicly on his story since an English High Court judge ordered EY to pay him $11m in April....
...BDO, the UK’s fifth-largest accounting firm by revenues, now audits more listed companies than EY, Deloitte or KPMG, according to numbers from Adviser Rankings....
...Meanwhile, a boom in first-quarter trading revenues for investment banks will probably only provide a short-term fillip....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Revenues for the company jumped roughly 20 per cent from a year prior to $364m in the first nine months of 2018. However, net profits declined 48 per cent in the period from the year prior....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Goldman earns about 14 per cent of its net revenue from Asia, according to its latest quarterly results, compared with about 60 per cent for its core US business....
...Meanwhile, YouTube is working on a new paid music service to debut in the first half of this year, according to people familiar with the matter....
...He added that the numbers were problematic because “assurances about good internal performance, despite a terrible year, have been extensively made.”...
...To establish a whole-of-industry approach to robust US-Mexico energy relations, Nafta negotiations should extend similar assurances for upstream investments....
...Also adding assurance for investors is the fact that VMware already has a separate class of ordinary shares, making it the first time that there will be a directly comparable traded asset to use as a reference...
...Analysts expect revenues to drop about 27 per cent from the first quarter, at $111m, leading to a net loss for the period of 2 cents per share....
...Freemium v paid: Streaming competition swells YouTube is one of several Spotify competitors bringing streaming services to the market this year....
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