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...Both are relatively successful models, each with its own pros and cons....
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...During Hong Kong’s pro-democracy protests and years of strict Covid-19 controls on both sides of the border, exchanges with Shenzhen dried to a trickle....
...Reeves will argue that the unit should be “integrated into the budget and spending review processes alongside the fiscal and spending departments of the Treasury”, to give a new emphasis on growth....
...The question now is whether Gemini can make a meaningful difference to Google’s existing services — and, perhaps even more important, whether it can become a foundation for a new range of services that carry...
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...“They oversee massive pieces of our firm that are integrated. And as such, we have decided to compensate them substantially in stock.”...
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...In addition to origination, you need an integrated capital markets business. Because, after all, we want 25% of everything and 100% of nothing....
...Yet two years on, Apollo’s stock price is trading at an all-time high as its assets under management have soared to $600bn, an apparent vindication of the single, integrated company....
...He said that the company’s “continued leadership in AI and our excellence in engineering and innovation are driving the next evolution of Search, and improving all our services”....
...“You cannot have certain groups on the fast lane, others on service lane.”...
...We look forward to showing at trial that promoting and distributing our services is both legal and pro-competitive.” The DoJ did not immediately respond to a request for comment....
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...It had already shed several thousand employees starting last year, as it integrated acquired rivals....
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