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...Senior executives at Temasek, one of the world’s biggest and most active investors, have met OpenAI’s chief executive Sam Altman multiple times over recent months, according to two people with knowledge...
...Five people with knowledge of the matter said ByteDance racked up $120bn in revenues in 2023, up about 40 per cent from a year earlier....
...Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...Brussels is to impose its first ever fine on tech giant Apple for allegedly breaking EU law over access to its music streaming services, according to five people with direct knowledge of the long-running...
...options including adding certain AI-powered search features to its premium subscription services, which already offer access to its new Gemini AI assistant in Gmail and Docs, according to three people with knowledge...
...biggest private equity firms, has also halted the sale of its 21 per cent stake in Malaysia’s QSR Brands, the country operator of KFC and Pizza Hut, due to the boycotts, according to two other people with knowledge...
...Maybe in March it was, but in April it’s starting to look functional again,” said Alex Brill, chief executive of Matrix Global Advisors, a healthcare consultancy....
...That, of course, is the best and most common way of creating permanent investment losses (to my knowledge Buffett has not made this argument, but he may well have; it sounds pretty Buffetty)....
...“I think I’m smarter now than I was a year or two ago, but I also think I’m poorer because I acquired the knowledge in the manner I did,” Buffett said, referring to his understanding of the entertainment...
...But his conviction should be a warning to companies, investment banks, law firms and the like that allow employees to own stocks even as they have broad knowledge of private, market-moving information....
...“I appreciate that my business as an adviser builds on [proprietary] knowledge and not being transparent, but as insiders we can help on how to break down some of the walls,” Baer says....
...But some knowledge companies demonstrate increasing returns....
...“The two new independent board candidates which Shah Capital has recommended should be nominated immediately for their wealth of relevant knowledge, experience and a proven track record,” the hedge fund...
...Fraser has emphasised that the restructuring is about improving the operations and efficiency of the bank, which many say has long been plagued by its “matrix” management structure, and not purely about...
...The two sides hope to reach an agreement in the coming months but people with direct knowledge of the matter warned that there was still a good chance the talks would fall apart....
...The Apple chief executive spent several days touring its factories and design studios, according to two people with knowledge of the trip....
...EU officials are studying the first compliance reports of these companies to determine which will be the first to be subjected to infringement proceedings to force full compliance, people with knowledge...
...Alcan denied any knowledge of frauds and said he had been an “unwitting dupe”....
...‘facts solely within the defendant’s knowledge,’ were required to be set forth in the complaint”, he added....
.... ©2024 Nikkei Inc. All rights reserved....
...Baidu denied any affiliation or partnership with the institute and said it had no knowledge of the research project. Nonetheless, the outsized sell-off reflects two concerns....
...From Bloomberg overnight: Citi Is in Talks to Start New Private Credit Strategy by Early 2024 Citigroup Inc. is in discussions to start a new direct-lending strategy by early January, the latest in a series...
...“While the robotics of the A-lab is cool, the real innovation is the integration of various sources of knowledge and data with A-lab in order to intelligently drive synthesis,” he said....
...“The knowledge that [the European companies] needed to sign up for [long-term LNG contracts] has come through,” Grindal said....
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