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...Supercell, the Finnish mobile gaming group, will take more risks and explore new genres in an attempt to beat the multibillion-dollar successes of Clash of Clans and Hay Day, according to its chief executive...
...In December, OpenAI’s revenues surpassed $2bn on an annualised basis, making it one of the fastest-growing technology companies in history....
...At the time, the companies pledged they would adjust their models if the institute found flaws in the technology....
...Oil trading represents about 30 per cent of total revenues, but alongside gas and power trading, the group is also investing in green technologies such as battery storage and biogas....
...As well as spending on technology and new service offerings to clients, Grant Thornton could also step up acquisitions, an area where it has historically been less active than many rivals, the people said...
...console market — including hardware, software and services — is set to rebound 7.2 per cent this year to $60.9bn, after a 7.3 per cent decline in 2022, according to data from Ampere Analysis, the research group...
...That trend helped drive overall 11 per cent growth in the most recent quarter in the royalty payments that Arm receives once products using its technology begin to ship....
...True, Nintendo’s conservative approach is rooted in strong performance in its hardware business: consoles and games account for more than 90 per cent of group sales. But times are changing....
...Somebody is buying RuneScape again: Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry...
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...“It’s not an issue with progress in technology alone, but it’s also about how humans feel about letting the technology into their lives,” Idekoba said in an interview in Tokyo....
...Alongside gas and power trading, the group is investing in green technologies such as battery storage and biogas....
...The main contributor to Arm’s better-than-expected third quarter was China, which accounts for a quarter of group sales and where revenue grew by 28 per cent from Q2....
...The fintech group said on Tuesday that Bhatia, who previously led the digital bank for HSBC’s retail banking and wealth management business in the UK and Europe, would take over from interim chief executive...
...Gene Munster, a partner at the technology investor Deepwater Asset Management, concurred. Arm “is part of the AI story....
...Insurer Aspen, commodity broker Marex and gambling group Flutter are among the companies that have chosen to either IPO in New York or move their listings there away from London in recent months....
...its products to European companies seeking alternatives to US and Chinese technologies....
...The tech group’s existing guidelines “do not specifically identify the potential risks resulting from the use of AI” raised in the shareholder proposal, ISS said....
...Delivery Hero has exited completely from its fellow online food order group Deliveroo with a £77mn sale of its entire stake as consumer demand for takeaways has dwindled since the highs of a pandemic boom...
...Some investors now ascribe a value closer to $20bn for the group. That looks closer to the mark....
...Macarthur paid $530mn to buy Jagex in 2020 from Shanghai Hongtou Network Technology....
...Beijing has approved at least 40 LLMs for public use, as regulators accelerate adoption of AI technology while maintaining strict oversight over its application....
...Lee, the grandson of Samsung founder Lee Byung-chul, was also accused of orchestrating a $3.9bn accounting fraud at the group’s biopharmaceutical unit in 2015....
...Terrestrial TV had been good for marketing and awareness for the group, he added, but “linear channel slots cost us millions a year and the advertising revenues are never going to materially exceed the cost...
...Meanwhile, at M&S, co-chief executive, Katie Bickerstaffe, who oversaw the group’s digital, data and technology operations, will step down in July after less than two years to pursue other board roles....
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