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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...Christoph Schweizer told the Financial Times that AI and generative AI were “a huge boost” to revenues in the past year as companies move from experimenting with the technology to “at-scale deployment”....
April 23, 2024
News in-depthApple Inc
Apple targets Google staff to build AI team
...Of these, founders from Musicmetric, Emotient, Silk Labs, PullString, CamerAI, Fashwell, Spectral Edge, Inductiv Inc, Vilynx, AI Music and WaveOne all still work at Apple, according to their LinkedIn profiles...
April 30, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Pfizer Inc
Pfizer plans direct-to-consumer platform for Covid and migraine treatments
...It comes at a challenging time for the drugmaker, which is hoping to convince investors of its post-pandemic growth potential after $93bn of revenues from Covid vaccines and treatments during the pandemic...
May 1, 2024
Berkshire after Buffett
Berkshire after Buffett: prized energy business faces upheaval
...The Oregon verdict had already prompted Buffett for the first time to cast doubt over the future of the utilities business....
May 3, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...In the relatively young US sports betting industry, there is no time for self satisfaction....
March 29, 2024
Investments
Investors’ Chronicle: Jadestone Energy, Card Factory, Capital & Regional
...But the lowly rating of seven times forward consensus earnings prices in the opportunity....
May 3, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Peloton Interactive Inc
Peloton chief Barry McCarthy steps down
...The group was valued at $8.1bn at the time of its initial public offering in September 2019....
May 2, 2024
Cryptofinance
Cryptofinance: Stablecoins encroach on shadow banking system Premium content
...Later on the X social media site he said: “I will do my time, conclude this phase and focus on the next chapter of my life (education).”...
May 3, 2024
John Thornhill
What TikTok and Tesla tell us about pragmatism in the US and China
...TikTok said at the time: “The report uses a flawed methodology to reach a predetermined, false conclusion.” But US aggression towards TikTok contrasts with China’s accommodation of Tesla....
May 2, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...In the past, dollar stores have done well when times are tough. Penny-pinching shoppers turned to them to save money....
March 19, 2024
Disrupted Times
Brussels blasts Big Tech
...Another brush with Brussels this month ended with Apple allowing apps to be downloaded directly from their developers’ websites for the first time....
March 25, 2024
Due Diligence
The FT puts Warren Buffett’s lieutenants under the microscope Premium content
...Unity interim chief executive Jim Whitehurst has stepped down after the software company hired Matthew Bromberg as its full-time chief....
May 2, 2024
LexNetEase Inc
‘World of Warcraft’ return to China will bring peace to NetEase investors Premium content
...It also comes at a good time just as Tencent looks for its next big hit, after reporting weaker than expected revenue growth in the fourth quarter, when its gaming sales disappointed....
April 13, 2024
LexTikTok Inc
TikTok ban will accelerate the ‘splinternet’ Premium content
...But his failure to convince US lawmakers that the app is not a security threat could put a time limit on his tenure. It could also trigger further app bans....
May 3, 2024
LexApple Inc
AI iPhones could liven up Apple sales Premium content
...The measure of profitability on debt and equity invested is more than five times as high as the weighted average cost of capital. It is also on the rise....
May 3, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
FT Magazine
The delivery rider who took on his faceless boss
...“That happened three times.” The fourth time, he washed his hair, tamped it down and then opened his mouth so the algorithm could find it within his dark beard. Finally it worked....
March 15, 2024
Apple Inc
Apple shares rise as revenue falls less than feared despite rocky quarter
...of active Apple devices at an “all-time high”....
May 3, 2024
LexIntuit Inc
AI boom can even work on your taxes Premium content
...As befits an AI proxy, Intuit doesn’t look cheap on 36 times forward earnings. Smaller rival H&R Block trades on a multiple of only 12 times....
April 22, 2024
News in-depthMark Cuban
Mark Cuban considers his next gamble after sale of Dallas Mavericks stake
...He and fellow IU alumnus Todd Wagner developed the idea to stream audio from Hoosiers basketball games over the internet....
December 8, 2023
Tesla Inc
Tesla’s biggest problem: cars
...Tesla’s fully diluted market cap at pixel time is still $580bn....
April 26, 2024
Financial services
How’s the PE Winter looking?
...It can take time to find the right deals, although as time ticks on the pressure to do a deal — any deal — rises....
April 25, 2024
Universal Music Group
Universal Music ends boycott of TikTok with new licensing deal
...In a memo to staff seen by the Financial Times, Sir Lucian Grainge, chief executive of Universal Music Group, said that the “dispute with TikTok has ended with a decidedly positive outcome”, adding that...
May 2, 2024
Uber Technologies Inc
Uber faces £250mn lawsuit from London’s black-cab drivers
...“It is time they were held to account.”...
May 1, 2024
Unhedged
What’s wrong with Apple? Premium content
...We’ve discussed sunny sentiment several times lately....
April 2, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...Vivid Seats, a much smaller ticket reselling platform, trades on an EV/ebitda multiple of over 13 times. Live Nation is on just 12 times....
April 18, 2024

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