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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
April 23, 2024
Technology sector
Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
...Many of the biggest sales this quarter have come from technology executives....
March 24, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...The stand-off has left Universal artists without their biggest marketing tool, while TikTok users are seeing their posts muted en masse....
February 28, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
April 23, 2024
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...China has said it “firmly opposes” any forced sale of TikTok, and in 2020 rolled out new export controls designed to give Beijing the power to sign off on any sale or divestiture....
March 15, 2024
Stripe Inc
Stripe in ‘no rush’ to go public as cash flow turns positive
...The financial technology group has also developed a suite of tools helping customers with revenue, tax and billing....
March 13, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Google LLC
Google considers charging for AI-powered search in big change to business model
...Google reported $175bn in revenue from search and related ads last year, more than half its total sales, posing a conundrum for the company over how to embrace the latest AI innovations while preserving...
April 3, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
April 19, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
April 19, 2024
On Wall StreetTabby Kinder
Reddit IPO reveals the reality check for Silicon Valley
...The looming crunch also highlights the cost of the herd mentality in the venture capital industry, which has become comfortably used to mostly moving en masse and in the same direction....
March 16, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
Shares drop after car sales slip in first quarter
April 2, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
April 22, 2024
LexNetEase Inc
‘World of Warcraft’ return to China will bring peace to NetEase investors Premium content
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
April 13, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...Tesla will become a large-scale manufacturer, or a smaller provider of autonomous technology....
April 22, 2024
LexTikTok Inc
TikTok’s value would be cut in a forced sale Premium content
...A forced sale is likely to mean a much lower price. TikTok is also reportedly lossmaking. Valued on a sales multiple closer to lossmaking peer Snap, it would be priced at about $88bn....
March 14, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Yet sales, the same data set predicts, will lag even further behind. EV interest last year resulted in sales of 9.5mn vehicles, but the figure is only expected to be 9.8mn this year....
April 3, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
...The vote is a chance for shareholders to re-endorse Musk’s leadership of the company, at a time when Tesla’s sales have fallen in the face of slowing demand and rising competition....
April 17, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Pfizer generated $37.8bn in sales from the vaccine in 2022 and BioNTech €17bn. The vaccines were the first to use mRNA technology....
April 22, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
April 19, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
Vinod Khosla
The US is right to target TikTok
...Is Senate influence for sale? Some argue that this bill runs counter to the value of free speech. First, contrary to how it is being characterised by TikTok, this bill itself is not a ban....
April 9, 2024
LexApple Inc
For Apple, a €1.8bn EU fine is just the start Premium content
...It is pocket change when compared with Apple’s global sales, equal to about 2 per cent of last year’s annual free cash flow. Appeals mean the case will be in court for years....
March 5, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...Cutting costs is also a priority for Apple as sales growth slows. Still, putting a stop to the car may not result in a dramatic reduction in operating expenses....
March 7, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Despite consumers increasingly opting for more expensive devices that they hope will last longer, Apple has experienced a slump in iPhone sales in China....
April 15, 2024
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...A loss would set a “dangerous precedent” by allowing the government to influence how technology markets developed, it added....
March 22, 2024

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