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...The UK’s Financial Conduct Authority is under pressure to abandon its plans to name and shame companies under investigation....
...On Tuesday it showed plans for a ride-hailing app. There are no details on regulatory approval or rollout. The focus on robotaxis seems an attempt to draw attention away from falling sales....
...He was clear this week about where he plans to spend most of his time for at least the next two years: on AI, a technology he claimed would carry Meta well beyond its social media roots....
...Tesla now states it is “accelerating” plans, though as with the Cybertruck it’s easy to mistake the accelerator for the brakes....
...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....
...A Yass spokesperson said the billionaire never contributed to Trump and had no plans to do so....
...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....
...As part of a plan to avoid a divestment, TikTok has over the past three years spent more than $1.5bn working on “Project Texas”, a corporate restructuring plan to safeguard US user data and content from...
...Some companies, such as Alcatel-Lucent and Brocade, were eventually acquired. Others, like Nortel Networks and Global Crossing, went bust....
...The financials and AI investment plans of Google and Microsoft had been in particular focus in light of the experience of rival Meta....
...Tesla will become a large-scale manufacturer, or a smaller provider of autonomous technology....
...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....
...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”....
...Musk’s plans are as bombastic as ever. On the realistic end is a $25,000 vehicle and cheaper assembly process....
...“Each incremental member has a different business impact” with the new subscription plans, Greg Peters, co-chief executive, said in a call with investors....
...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....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...But Labour confirmed its plans to continue to tap the private sector to finance trains....
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...It plans to cut spending on the unit. There are other signs that investment is slowing....
...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....
...Musk remains convinced that the company’s bet on self-driving technology, which has led to several fatalities, will be its key differentiator in the future....
...Reddit first made plans to go public in 2021. Delay has been costly....
...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....
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