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...BCG, which started investing in its AI business in 2015, has about 3,000 employees in its BCG X technology and design division....
...Last March, it participated in a $300mn funding round for JD Industrials, part of online retailer JD.com group, led by Abu Dhabi sovereign wealth fund Mubadala. ByteDance declined to comment....
...Richard Chamberlain, an analyst with RBC Capital Markets, said the purchase would increase JD’s presence in the US market, but “the concern now is that JD is somewhat substituting organic growth with M&A...
...Apple has invested at least $1bn in microLED R&D and even made a push into the actual manufacturing of the cutting-edge display technology....
...Yet even with that conservative valuation, Alibaba and JD.com still lag behind, trading on a multiple of about 9 times....
...JD Power surveys of shopper consideration don’t show any big drop-off in consumer desire to buy EVs....
...Despite Flutter touting its superior technology, competitors are quick to copy once a new product proves successful, points out Peel Hunt’s Ivor Jones....
...The delistings came after China’s powerful internet regulator and the Ministry of Industry and Information Technology set a deadline of April 1 for apps operating in China to formally register with the government...
Familiarity bias can work both ways for investors
...Likewise, the technology can offer personalised financial advice to Credit Karma users and help generate marketing content for customers at MailChimp....
...Many of the rest, including the likes of Juniper, Ciena, Corning and JDS Uniphase, have continued to plug along in mostly obscurity as public companies with multibillion-dollar market caps....
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...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
Company will ‘move to the courts’ after Congress pushes ahead with bill demanding Chinese parent sells viral app
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...They are beginning to put their wares on rival online stores, including Pinduoduo, JD.com and ByteDance’s Douyin, to stay afloat....
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...More importantly, Trump Media & Technology Group rose another 14 per cent, right after we wrote that it looked a bit overvalued. Unhedged’s record as a contrarian indicator remains spotless....
...JD.com added 5.9 per cent and food delivery group Meituan jumped 5.6 per cent. Japan’s Topix slid 2.2 per cent....
A tech-savvy Uber Eats worker was sick of the algorithms that controlled his day. So he decided to fight back
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