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...Ark’s flagship Innovation ETF soared more than 150 per cent in 2020, a level of performance that beat virtually every other competitor and put the firm on the map....
...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...
...Wood’s $8bn Ark Innovation exchange traded fund recorded a 68 per cent gain last year, putting it within the top one per cent of its peers, according to data from Morningstar....
...The regulator previously only disclosed details mid-investigation in “exceptional circumstances”. The agency is now looking to adopt a looser “public interest” test....
...Gerald Beeson, chief operating officer at Citadel, said the “unparalleled building” would benefit “the exceptional talent we attract to our firm as we continue to grow our presence in London”....
...Seemingly outlandish, this estimate is consistent with the dramatic boost to real GDP growth during bursts of technologically enabled innovation in the past 2000+ years....
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
Lawsuit sets up rare public clash between two big Wall Street rivals
...Brussels blocked the deal a year later over concerns it would limit consumer choice and hurt innovation. Illumina appealed to the EU court but it sided with the commission in 2022....
...“Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” FBI director Christopher Wray...
Amazon, Microsoft and Google pledge to defend customers from IP issues, but their indemnities are narrow
...Europe’s AI Act is an important development in balancing innovation and risk....
...After an exceptional 2020 and despite being up about 17 per cent since January 1, ARKK has generated an annualised three-year return of -28 per cent....
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
...In the case of the classical Greeks, one could argue that their major innovation was to develop conceptual frameworks around other peoples’ inventions....
...There’s a large body of research showing that the competitiveness and innovation in places such as Germany or Japan are linked to labour having more influence in corporate governance....
...“In China, the story is the unbelievable size the market has become, combined with innovation,” he said in an interview with the Financial Times in June....
...Although its stated intent is to accelerate innovation and competition, Microsoft’s tie-up with OpenAI has already attracted the scrutiny of regulators as to whether it constitutes a merger....
...Courts and antitrust regulators are discovering how rewarding that innovation is. The man who keeps telling them is Tim Sweeney, chief executive of Epic Games, the developer behind the game Fortnite....
...In a statement, Bezos said Lewis was “an exceptional, tenacious industry executive whose background in fierce, award-winning journalism makes him the right leader at the right time”....
...The rate of innovation is high. They spend a lot of money on R&D. They are among the largest patent holders. There’s very little evidence of collusion....
...He hoped that the Silicon Box investment would “act as a catalyst for further investments and innovations in Italy”....
...“While the robotics of the A-lab is cool, the real innovation is the integration of various sources of knowledge and data with A-lab in order to intelligently drive synthesis,” he said....
...“CAA’s exceptional insight, relationships and access across key sectors, combined with their widely regarded . . . collaboration and innovation, gives the company a formidable role in driving global opportunities...
...The UK has emphasised it will not be creating specific AI legislation in the short term for fear it could hamper innovation. Instead, it will look to existing regulators to oversee the technology....
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