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Google LLC
Google considers charging for AI-powered search in big change to business model
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
April 3, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...“We’ll enjoy greater scale, resources and agility, while better positioning the firm to make targeted investments,” said Seth Siegel, Grant Thornton’s chief executive....
March 15, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
March 21, 2024
Toyota Motor Corp
Toyota Industries investor blames group’s ‘broken culture’ for data scandals
...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
February 14, 2024
Mergers & Acquisitions
General Atlantic to buy UK’s Actis in bet on infrastructure growth
...General Atlantic’s expansion push comes as some prominent private equity groups consider public listings, while others sell to strategic partners with broader financial resources....
January 16, 2024
UK politics
Labour legal fees reach £1.4mn as party pursues former employees over leaked report
...Proops argued that the party “in particular its in-house legal team — will inevitably face extraordinarily intense demands on its time, focus and resources generally in the run-up to and at the time of the...
October 5, 2023
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Energy sector
Commodity traders bet on big data and AI
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
April 21, 2024
King & Spalding LLP
England’s former director of public prosecutions joins US law firm
...Max Hill KC, the former director of public prosecutions for England and Wales, has joined US law firm King & Spalding in London, adding to a growing number of ex-state prosecutors to have moved into private...
February 5, 2024
Opec
Global oil market likely to be ‘extremely tight’, says Citadel
Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
April 8, 2024
BHP Group Ltd
BHP told to hand over executives’ employment details in Brazil dam disaster litigation
...Nicholas Sloboda KC, representing BHP, said of some of the details being sought: “Going back and finding these historic agreements is not easy. It is time-consuming.”...
April 18, 2024
Thomas Sharpe
The political temptations of ‘nationalisation-lite’ at Thames Water
...The writer is a KC specialising in energy and natural resources law....
March 13, 2024
Unhedged
If the Magnificent 7 are expensive, so is the market Premium content
...A reader, going by KC, wrote to ask what the valuation of the S&P 500 was once the Mag 7 were set aside. A fair question....
February 7, 2024
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...“And this matters at a time when many parts of the planet are experiencing deep and extended droughts, and fresh drinking water is already a scarce resource.”...
February 25, 2024
The Big Read
How Google lost ground in the AI race
...But as the company rallied its resources, multiple competing models emerged from different divisions within Google, vying for internal attention....
April 5, 2024
Sundar Pichai
Sundar Pichai: AI can strengthen cyber defences, not just break them down
...Our Chrome browser examines billions of URLs against millions of known malicious web resources, and sends more than 3mn warnings per day, protecting billions of users....
February 15, 2024
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
Disrupted Times
Brussels blasts Big Tech
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
March 25, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
Tech group’s AI tools will assist project to track oil and gas infrastructure
February 14, 2024
Labour Party UK
Senior lawyer urges UK Labour to tighten disciplinary system after antisemitism row
...Independent former civil servants, businesspeople or professionals with a background in human resources would be suitable choices to run Labour’s disciplinary system, he added....
February 17, 2024
Capital One Financial Corp
Capital One agrees to buy Discover Financial for $35bn
...Over the past few months ExxonMobil agreed to acquire shale group Pioneer Natural Resources for $60bn, Chevron reached a deal to buy Hess for $53bn and chip design toolmaker Synopsys announced the takeover...
February 20, 2024
Climate legislation
Portugal’s Gen-Z sues dozens of governments over climate change
...With this case, the court holds the key to making this happen,” said Amy Sander, KC, a barrister for the plaintiffs, in her statement on Wednesday....
September 27, 2023
Commodities
Cattle Ponzi alert
...The US securities regulator says Texas-based Agridime LLC and its owners — Josh Link and Jed Wood — have been running a $191mn Ponzi scheme selling “Cattle contracts” in 15 states....
December 15, 2023
Big Tech
Big Tech boosts profits by $10bn with accounting change to server life estimate
...week, have in recent years been reviewing how they accounted for the predicted working life of their technical equipment, at the same time as they came under pressure to cut costs and began to reallocate resources...
February 5, 2024
News in-depthUK Budget 2024
‘Disastrous’: Justice system leaders warn Hunt against further austerity
...Sam Townend KC, chair of the Bar Council, said the scale of cuts represented a “false economy”....
March 4, 2024
LexHedge funds
Multi-managers: Marshall’s pod blast highlights booming platforms Premium content
...Talent is, by its nature, a scarce resource....
November 9, 2023
Law
Top legal experts to join review of disclosure rules and fraud laws in England
...Nick Ephgrave, who took over as director of the Serious Fraud Office in September, told the Financial Times the disclosure rules were a drain on resources....
December 3, 2023

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