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...“Each incremental member has a different business impact” with the new subscription plans, Greg Peters, co-chief executive, said in a call with investors....
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...The $38tn US retirement system is one of the world’s largest, and US employers were among the first to shift from defined benefit pensions to defined contribution plans....
...Some companies, such as Alcatel-Lucent and Brocade, were eventually acquired. Others, like Nortel Networks and Global Crossing, went bust....
...A new Big Read looks at how infrastructure has become a favoured area for investment, for example from pension funds looking for yield and protection against market volatility....
...A Yass spokesperson said the billionaire never contributed to Trump and had no plans to do so....
...Tesla will become a large-scale manufacturer, or a smaller provider of autonomous technology....
...President Joe Biden has backed the plan. “The House must pass the package this week and the Senate should quickly follow,” he said on Wednesday....
...Samii remembers his father poring over architectural plans to work out engineering failures....
...Schiller wrote that the decision was also motivated by Epic chief executive Tim Sweeney’s “colourful criticism” of the company’s plans to comply with the DMA....
...Musk’s plans are as bombastic as ever. On the realistic end is a $25,000 vehicle and cheaper assembly process....
...After meeting in early February without Musk or his brother Kimbal, Tesla’s board convened a special committee to study the plans....
...Amazon said it was “compliant” with the rules and that it had “engaged constructively with the European Commission on our plans since the designation of two of our services”....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Apple has reversed course on a plan to cut off access to applications that bypass its app store, which the iPhone maker had argued was necessary in order to comply with new EU regulations....
...It plans to cut spending on the unit. There are other signs that investment is slowing....
...Reddit first made plans to go public in 2021. Delay has been costly....
...Compare that with Meta, which recently announced plans for a mega buyback programme and its first dividend. There, free cash flow is equal to nearly a third of revenue....
...She has argued that all companies should be required to enrol workers in a savings plan that will create a substantial pension pot, rather than leaving it up to individuals to opt in....
...Khosrowshahi has defended Uber’s buyback plans in a letter to FT. It is not alone in handing out big stock awards. These can be useful....
...Developers must also pay a core technology fee of €0.50 per install after the first 1mn downloads each year for sideloaded apps....
...A loss would set a “dangerous precedent” by allowing the government to influence how technology markets developed, it added....
...These include a “core technology fee” of 50 cents on every download or update of apps with more than 1mn downloads....
...Institutional investors that sided with the activist proposals include Norway’s sovereign wealth fund, the Canada Pension Plan Investment Board, California Public Employees’ Retirement System and the California...
...Uber’s former chief financial, operating and technology officers lost their rights to options over a collective 2mn shares that were also tied to the $120bn threshold, because all three left the business...
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