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...The group will continue to provide global content, tech and strategic support to The Independent as part of the deal....
...The group estimated the rule would cost airlines $33bn over 10 years....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
Brussels seeks explanation from iPhone-maker after group behind ‘Fortnite’ has account terminated
...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....
...Bigger US prizes down the line include Nvidia-backed software group Databricks, valued at $43bn in a funding round last year and payments group Stripe, worth about $50bn....
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
...During its roadshow, Reddit said it planned to diversify its revenues, for example adding ecommerce features and selling its data to AI groups....
A detailed taxonomy of management company rationales for this weird Wall Street anomaly
...UK software group Solidatus, which helps companies manage their data, is ranked 91st....
...A senior EU court adviser has said the European Commission was wrong to block gene sequencing group Illumina’s $8bn acquisition of Grail and that the decision should be scrapped....
...Its former chief executive, Alan Bruce, left the group early this year....
...“The broader trend of people rising up against gig work exploitation has given a collective voice to [this] group.”...
...Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...Perrette said that the group was “way ahead of what we thought we’d do” in driving profits from its streaming platform. WBD will also start to crack down on password sharing among its existing users....
...The seven largest tech groups — Microsoft, Apple, Amazon, Alphabet, Meta, Tesla and Nvidia — drove most of last year’s stock market gains as traders bet that they would be winners from the growth of AI....
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...
...An influential shareholder advisory group has recommended that Disney’s investors support Nelson Peltz’s pitch for a seat on its board of directors, breathing life into the billionaire activist’s struggling...
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...The problems buyout groups are having with selling assets are leading to a divergence in fortunes when they try to raise new money from investors....
...The losses are smaller than the start of 2023 when Big Tech groups including Meta, Amazon and Microsoft axed roles following an exuberant period of over-investment during the pandemic....
...At HSBC’s offices the mood may be a bit cheerier: the group stands out for increasing its company-wide bonus pool by 12 per cent....
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