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...Google parent Alphabet, which is laying off 12,000 people, said it expected to incur severance costs ranging from $1.9bn to $2.3bn, with most of the impact in the current quarter....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...So, for example, in 2021 the agency used artificial intelligence and geolocation tools to help create 130,000 tailored video ads for 2,000 local stores in India, all receiving the “personal” endorsement...
...Section 2 covers monopolisation — single firm dominance. If you want to break up a firm unilaterally for doing bad things, you would sue them under Section 2....
...The smaller Gemini Nano is matched against systems such as the smallest version of LLaMa 2, Facebook’s open-source model, making it capable of being run on a mobile device....
...In the first half of 2023, net sales decreased 6 per cent to $2.8bn and operating income decreased 72 per cent to $54mn. The stock price is down 47 per cent year-to-date....
...Consider Apple’s app store, where independent developers list their apps for consumers to buy....
...The award was for “certain scouting activities” and was worth €2.65mn at the subscription price of €2 per share, which included a €2.5mn bonus triggered by Tatatu’s flotation....
...A merger of Kroger, the largest grocer in the US with nearly 2,800 stores, and Albertsons, which has more than 2,200 stores, would create a dominant chain at a time when consumers face rising costs for essential...
...A £14mn penalty was imposed for a failure to meet licensing standards at LC International, which runs Entain’s 13 gaming websites, while Ladbrokes Betting & Gaming, which operates about 2,700 gambling shops...
...(WSJ $) — Electrical-grid emergency declared in California, as heatwave creates threat of blackouts (KTVU FOX 2) — ICYMI: Cineworld incorrectly reported its biggest shareholder (FT)...
...Google will maintain a presence — YouTube, the app store and other free services will continue to be available in Russia — without obvious reputational damage....
...It has more than 2,000 stores in the UK, many of which require updating or are located on struggling high streets....
...The app store is not a service. The app store is a disservice to developers....
...Didi said it would file paperwork with the US Securities and Exchange Commission to begin the delisting process as early as June 2....
...Boots has more than 2,000 stores in the UK, many of which require investment, and gets about 45 per cent of its roughly £6bn in annual revenues from providing services such as prescriptions and vaccinations...
...A Bored Ape investor who goes by the pseudonym Quit.pcc.eth spent 2 ETH (almost $6,000) in gas fees to secure two Otherdeeds....
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
...administration will place eight Chinese companies including DJI, the world’s largest commercial drone manufacturer, on an investment blacklist for their alleged involvement in the surveillance of Uyghur Muslims. 2....
...Swoop, according to its app store page, “aims to be the crypto Fantasy Cricket app for India”. A noble enough aim, we suppose....
...The company’s shares fell about 5.2 per cent in New York on Monday, wiping almost $1.5bn from its market capitalisation....
...In the last 11 years, Authentic has spent $5bn on IP acquisitions, notably paying $2.5bn for shoe company Reebok in August....
...Led by Jamie Salter, Authentic has more than 6,000 stores....
...Short-term loans made through the iPhone maker’s new Apple Pay Later service will be made through a wholly owned subsidiary, Apple Financing LLC....
...Days later, Chinese regulators ordered Didi’s app to be taken off domestic app stores....
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