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...On a January trip to Egypt, he quizzed staff on how market share was holding up....
...But analysts still said this season’s spree has been surprising and an indicator that a recent tech bull run, fuelled by excitement over the rise of generative artificial intelligence, is about to wane....
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
...the market in 2024....
...“Despite all the noise from tech investors, a superapp strategy in banking has rarely worked, with the exception of China,” he added....
...Donald Trump’s social media business jumped a further 22 per cent in early trading on Wednesday, after rising 16 per cent on its stock market debut in the previous session....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
...Could this be the day Big Tech finally met its match? The EU this morning announced investigations into Apple, Alphabet and Meta in the first applications of its landmark Digital Markets Act....
...The digital market is now the plaything of a few giant corporations....
...Is this a sign of change in the relationship between shareholders and corporations? Today on the show, we discuss the return of the dividend....
...Little was then known about TMTG, other than that it would operate a social media platform to compete with Big Tech rivals such as Twitter and Facebook....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...They are seeking to speed up proceedings as TMTG moves towards a stock market listing through a merger with blank-cheque company Digital World Acquisition Corporation....
...Shares in Donald Trump’s social media business Trump Media & Technology Group jumped more than 50 per cent following its New York market debut on Tuesday....
...Fussell said that BBC Studios would “really go out to the market” to develop new kids’ and family shows....
...Donald Trump’s media business generated less than $1mn in revenue in the fourth quarter, highlighting the lossmaking business’s precarious financial position even as it maintains a market capitalisation...
...The social media group closed 20.3 per cent higher — boosting its market capitalisation by $197bn to $1.2tn, according to Bloomberg — after its fourth-quarter sales and outlook exceeded forecasts, alongside...
...There is an enormous fight going on in the litigation over market definition. Who belongs in the social media product market? For example, under the FTC’s allegations, Twitter/X is not in the market....
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...But the cost of sports rights has been rising as tech companies such as Apple and Amazon have started to bid for some games for their streaming services....
...The simmering war between the tech and media industries over generative AI just turned serious....
...The dollar gained 0.9 per cent, with the jobs figures signalling a robust US labour market despite recent lay-offs at high-profile tech and media groups....
...When social media firm Reddit launches its IPO next week, its shares are expected to be valued between $5.8bn and $6.4bn, less than the $10bn Reddit reached in its last private valuation....
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