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...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...The Wall Street Journal first reported that Schneider was in talks with Bentley for a deal that would combine their software businesses but would keep them listed....
...Because he was bored, The Wall Street Journal reports. Return of Trump The FT writes about how the least divided place in America feels about the inevitability of Trump’s return....
...The higher court’s ruling agreed with Rashid that the private equity firm’s expense system was broken enough at the time that Rashid himself could not have reasonably anticipated that the victims of his...
...Smart reads Talent battle The frenzy to hire talented AI experts is reaching new heights, with groups offering million-dollar-a-year pay packages and hiring entire teams in order to stay ahead, The Wall...
...You know, the groups system on Facebook is a really significant feature now that they’ve put a lot of development time into. It’s not quite the same as subreddits....
...in some $40bn in system sales....
...Generative AI — systems that spew out text, code, and video in seconds — has opened up a new front in the battle for big tech dominance across Silicon Valley....
...On Wall Street, you never want the next person to profit off your genius....
...On the pitch, the company’s TacticAI system reflects both the possibilities and current limitations of intensive efforts to use AI to gain a sporting edge beyond that offered by existing data analysis methods...
...Suddenly everyone is talking about Peris’s favourite subject — me; me and Ethan; The Wall Street Journal; The Economist; Goldman Sachs’s research department; etc. (That’s everyone, right? It’ll do.)...
...Snap shares plunged 30 per cent on Tuesday after quarterly revenue growth fell short of Wall Street expectations in an earnings report that came a day after the company announced sweeping lay-offs....
...Many of the country’s EV developers, including the world’s biggest by sales, BYD, also have in-house teams developing advanced driver-assistance systems, a precursor to autonomous driving....
...Multi-manager hedge funds typically allocate capital across tens or hundreds of trading teams that operate a variety of different strategies, and are overseen by a centralised risk management system designed...
...The Wall Street lender has a long-standing relationship with Disney, which has generated tens of millions in fees for the bank. It is also representing the company in its fight against Peltz....
...Her purchases come at a time when Wall Street’s outlook on the electric- vehicle maker is darkening rapidly....
...Judging by the record share prices enjoyed by some of these companies in recent months, Wall Street doesn’t believe it either....
...Empowering defenders also means making sure AI systems are secure by default, with privacy protections built in. This technical progress will continue....
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