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...On Wednesday, the Facebook parent detailed charges of $4.6bn related to restructuring....
...Meta, the parent company of Facebook, Instagram and WhatsApp, reduced depreciation expenses by $860mn in 2022, which added $693mn to net income that year....
...When VMware was spun off from Dell Technologies in 2021, it then paid its former parent company a special dividend of more than $9bn that was used to repay the large debts Dell and Silver Lake had accumulated...
...Its shares rose 4 per cent on the earnings news, adding about $100bn to its stock market value, while Alphabet, Google’s parent, lost about $100bn in market capitalisation as its shares slid more than 6...
...The two companies have also signed a long-term partnership that will see Great-West Lifeco’s parent, the Power Corporation of Canada, allocate $25bn to Franklin’s alternative investment funds, which had...
...Microsoft and Alphabet, Google’s parent, reported greater resilience than expected in their core businesses in the second quarter, helping to underpin Big Tech’s recent stock price gains as both companies...
...Meta, Facebook’s parent, declined to comment....
...Google’s parent company will axe 12,000 staff, pushing total tech job losses in the past 12 months above 200,000, as industry bosses concede they overextended during the pandemic’s digital boom....
...Cost-cutting at Google is likely to lag its revenue slowdown, pushing the operating profit margin reported by parent Alphabet down by more than 4 per cent in the latest quarter, analysts at BofA Securities...
...“We have a new bunch of emperors, and they’re the people who vote the shares in the index funds,” Munger said at the annual meeting of Daily Journal Corp in February....
...The firm’s parent company, called Benchmark Investments, hasn’t yet responded to a request for comment either....
...Durban’s other board commitments include the parent company of Manchester City football club, talent and media agency Endeavor, gaming platform Unity Technologies, and Waymo, the former Google self-driving...
...The deal, which would be the second-largest ever mounted by Google parent Alphabet, comes at a time when the internet company is already under intense antitrust scrutiny....
...of the deals have not been published but Grueskin cited figures suggesting that Nine Entertainment, which owns the Fairfax newspaper stable including the Sydney Morning Herald, and Rupert Murdoch’s News Corp...
...Microsoft and Google parent Alphabet have reported spectacular quarters, with 19 and 34 per cent top-line growth respectively....
...It comes a month after a new media law in Australia led Google to forge a global content deal with News Corp, which had long been its biggest antagonist....
...Media groups like News Corp were slow to claim a slice of the $330bn digital ads market....
...While the bulk of Greensill’s business is based in London, its parent company is registered in the Australian city of Bundaberg, the hometown of its founder Lex Greensill....
...The Sydney Morning Herald, the Nine-owned newspaper that first reported the draft deal between Google and its parent, said it would be worth more than A$30m a year....
...The five stocks that have the greatest weight on the Nasdaq — Apple, Microsoft, Amazon, Facebook and Google-parent Alphabet — booked gains that ranged from 4 per cent to nearly 8 per cent....
...A Google official, for instance, points out that Microsoft’s stock market value is 50 per cent higher than that of Google’s parent company Alphabet, and questions whether it would really be in consumers’...
...The deal placed a record $5bn valuation on the parent company of a sporting asset....
...A group of investors led by Klein merged their first Spac, Churchill Capital Corp, with Clarivate, a little-known data analytics company, in 2018....
...This concentration was further strengthened on Friday when Apple, Amazon and Alphabet, Google’s parent company, continued their steady march towards recent stock market highs, following bumper earnings on...
...Here’s how this deal works: Churchill Capital Corp III raised $1.1bn in February in a public listing....
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