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...Engineers are developing the technology needed to deploy the service but executives have not yet made a final decision on whether or when to launch it, one of the people said....
...As well as spending on technology and new service offerings to clients, Grant Thornton could also step up acquisitions, an area where it has historically been less active than many rivals, the people said...
...JPMorgan has become more acquisitive in recent years after Dimon warned in early 2021 that it “should be scared shitless” about emerging threats from technology companies....
...Bhat added that Google was working with regulators to understand their requirements and make sure the technologies were used securely....
Sector pushes to harness latest tech tools as competition from hedge funds intensifies
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...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...has hampered efforts to stamp its mark on the technology....
...Nunes, a former Republican congressman, named four equities market makers in his letter: Citadel Securities, Virtu, Jane Street and G1 Execution Services....
...It also states that platforms offering ranked search results must treat the listing of third-party services in a “fair and non-discriminatory” manner....
...How far should regulators go in dictating the basic designs of some of the most widely used tech products and services?...
...The US National Football League and Amazon Web Services have developed a player health tool known as the Digital Athlete, which they hope may in time be able to predict and prevent injuries....
...Tiger was one of the most prolific investors in private technology start-ups during a venture boom that peaked in 2021....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...into its Cloud services and search products, which compete with AI advancements by Microsoft’s Copilot....
...“Tax and audit work is being replaced by technology and the lowest price is winning, hence the transformation to consulting and advisory services....
...The adoption of AI comes at a time when professional services firms are seeking to reduce costs amid a slowdown in demand for some of their services in a difficult economic environment....
...Researchers have called for more comprehensive data and transparency from AI firms, including a breakdown of how much different computing services consume, for example, search engines versus AI services....
...The Australian agreement was the first between the global technology industry and media companies in the world....
...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...On Monday, the Virginia-based bank said it had agreed to acquire Discover Financial Services for $35bn, to be paid all in stock....
...But performance last year by some of the smaller players illustrates how some firms are struggling to deliver as spending on technology and talent has eaten into returns....
...Theft of trade secret claims have become more common as investment firms have become increasingly reliant on technology, algorithms and artificial intelligence to wring profits from fast-moving markets....
...Frequently the best thing to do in a large network industry, particularly if it involves information technologies, is to make sure that it interoperates between firms....
...Cannae is the vehicle of Bill Foley, the multi-billionaire who made his fortune in a series of financial technology and financial services companies....
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