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...The bloated share counts push up trading volumes but can weigh heavily on stock prices, particularly for lossmaking groups....
...Other media groups are also looking at deals involving their customer data, according to industry executives....
...The company currently has hotels under development in Boston, Miami and Dublin, according to its website....
...The council will next week meet to consider handing the US private equity firm long-term control of the site in exchange for up to £110mn in funding for local development....
...China started commercial driverless development in 2013, about five years after groups in the US....
...Private equity group Silver Lake, an investor in Manchester City’s parent group, raised its largest fund to date....
...Defaults “are a powerful way to drive searches, otherwise Google wouldn’t pay billions of dollars for them”, he added....
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
...The vaccine maker has undertaken a $1.1bn cost-cutting drive in the past year to stave off a possible bankruptcy and has faced pressure from an activist investor for a board shake-up....
...Brussels has argued that the new rules would drive down the price of medicines and make them more available....
...Europe’s AI Act is an important development in balancing innovation and risk....
...All three groups declined to comment....
...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...Dechert has hired Brian Miner as a partner in its corporate and securities practice group. He joins from Schulte Roth & Zabel, where he co-chaired its M&A and securities group....
...“To ensure that we continue to invest in products and services that drive user engagement, we will not enter new commercial deals for traditional news content in these countries and will not offer new Facebook...
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
...Australia is also a laggard in spending on research and development, which accounts for only 1.68 per cent of gross domestic product, far below the OECD average....
...“High-end manufacturing maintained rapid development,” the NBS said. Any figure above 50 shows expansion in activity....
...“The only way you really decide to buy it is by taking it for a drive.”...
...The other factor is that fund flows into direct lending have been stable and growing, especially from high-net-worth investors putting money into semi-liquid BDCs [business development companies]....
...It now has “several hundreds” of engineers dedicated to chip development, he added....
...Back in the world of computer chips, Nvidia’s earnings show the strength of spending on infrastructure by companies and countries determined not to be left behind while AI is still in development, says the...
...For instance, Nvidia’s Drive Thor platform for autonomous systems, including self-driving vehicles and robots, uses Arm’s latest Neoverse central processing unit, or CPU....
...The division will bring together BT’s corporate strategy and development team and the group transformation and assurance team, according to the email. McKinsey declined to comment....
...Actis, created as a development finance arm of the UK government, was spun out in 2004 after its management team bought a 60 per cent stake for £373,000....
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