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Grant Thornton LLP
Grant Thornton retirees escalate revolt over private equity deal
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
April 11, 2024
US equities
The tiny Chinese tea seller whose shares trade more than Tesla’s
...Some retail investors were undeterred: “FEAR NOT #phunarmy this is the insiders and institutions trying wash out us retail investors hold strong and I’m adding on these dips,” said one poster in the stock...
February 9, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
HIG Capital LLC
KPMG restructuring spin-off Interpath falls to £10mn loss
...We are getting progressively busier . . . but do I see some sort of avalanche [of activity]? No, I don’t.”...
December 6, 2023
Google LLC
Google streamlines structure to speed up AI efforts
...The reshuffle comes ahead of Google’s first-quarter earnings on 25 April and its annual I/O developer conference on 14 and 15 May at its headquarters in Mountain View, California....
April 18, 2024
FT Alphaville
Doug Cifu has let FT Alphaville down
...The first two didn’t respond, but in a statement Tradeweb’s Billy Hult said: “Obviously I hate to disappoint, but as Doug knows I saved most of my swearing for the golf course.”...
March 13, 2024
Unhedged
Dealing with the dividends doubters Premium content
...He says: I don’t know Mark Zuckerberg and I don’t follow Meta and so I don’t know how clever or not clever they are in terms of sniffing the wind, but I think in this instance, either by accident or intentionally...
February 21, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthPrivate credit
The former rugby lawyer shaking up the world of private credit
...“I thought it was better to talk to people directly than through headhunters,” he said. “I’m a front door sorta guy. I think it was effective and I’d do it again.”...
April 7, 2024
Global Economy
ARK Invest’s ‘seemingly outlandish’ economic forecasts
...Their emphasis below: During the current business cycle, we believe real gross domestic product (GDP)i growth could accelerate to 7% per year on average, surpassing that of any year since 1950....
February 27, 2024
Unhedged
If the Magnificent 7 are expensive, so is the market Premium content
...Which is why I’m sceptical much change happens....
February 7, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...I’m pretty sure it can drive in any other city in the world,” he said. Current Baidu executives declined to be interviewed....
January 31, 2024
Unhedged
Armen Panossian: why the Fed might not cut Premium content
...I’d say probably not. One good read A carbon tax by other means....
February 16, 2024
Sundar Pichai
Sundar Pichai: AI can strengthen cyber defences, not just break them down
...I see three key areas where private and public institutions can work together. First, regulation and policy. I said last year that AI is too important not to regulate well....
February 15, 2024
The Big Read
How Google lost ground in the AI race
...“I had a different sense of the trajectory in mind.” According to Pichai, the AI era has barely begun....
April 5, 2024
Scoreboard
The sports payday made in Manchester Premium content
...If I can help them pick up a racket or simply get fit and enjoy the benefits of healthy living, then I’ll be happy to have made a difference.”...
January 20, 2024
Unhedged
Where are the cheap stocks? Premium content
...For returns, I used return on capital and gross profit/assets. I also looked for red (or green) flags in debt ratios and historical growth rates....
January 10, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...I’m still slowly recovering from a very bad cold that I caught at the Mobile World Congress in Barcelona two weeks ago — but at least I’ve got my voice back!...
March 14, 2024
Artificial intelligence
Google pauses AI image generation of people after diversity backlash
...products related to privacy and security at Google until last year, said on X: “It absolutely should not assume that certain generic queries are a particular gender or race, (eg software engineer) and I...
February 22, 2024
Banco Santander SA
Santander shareholders urged to vote against Botín pay package
...Speaking at the FT’s Global Banking Summit, Botín welcomed the UK scrapping its cap and when asked whether the European cap should also be removed, she said: “I think that [would allow] a better alignment...
March 2, 2024
Unhedged
What Big Tech antitrust gets wrong Premium content
...I can’t rule that out, but it just doesn’t sound very promising to me. So I don’t see a lot coming out of the Amazon case. Unhedged: How about the two cases against Google?...
January 19, 2024
Google LLC
Google releases ‘Gemini’ in new effort to cash in on generative AI
...“Taking the long-term view, we will be able to service information needs in a deeper way, and I am pretty excited about what’s ahead.”...
February 8, 2024
Amazon.com
Bezos sold $4bn in Amazon stock over the past week
...And it’s one of the reasons that I left my role as the CEO of Amazon a couple of years ago,” he told researcher and podcast host Lex Fridman in December....
February 13, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...“I extend my deepest condolences and those of the entire IMO family to the families of those who have lost their lives, and our thoughts are with those who have been injured,” he said in a statement....
March 7, 2024
Unhedged
The Magnificent 7 value trade Premium content
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
January 30, 2024
InterviewETF Hub
Cathie Wood says Ark has ‘paid its dues’ after chalking up 68% gain
...Robby Greengold, a strategist at Morningstar, said: “I think that [Ark’s] research has suffered from overconfident forecasts that often fail to consider a sufficient range of scenarios....
January 28, 2024
News in-depthFootball
‘A PR nightmare’: Lionel Messi’s Hong Kong no-show hits Inter Miami brand
...It really is reliant on one guy and I guess we haven’t seen that since Pelé, but it was a very different landscape then.”...
February 9, 2024

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