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...“More broadly, there is an unpersuasive talking point that fewer competitors is better for competition and I think we always need to assess that claim very sceptically,” said Chopra....
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...The company said it would provide more details in Wednesday’s update....
...“I think we’re all trying to get to the moon first,” Hardy said....
...The reshuffle comes ahead of Google’s first-quarter earnings on 25 April and its annual I/O developer conference on 14 and 15 May at its headquarters in Mountain View, California....
...“I have no idea how much volume they’re going to be doing in the middle of the night....
...In a 2013 message to another Centerview banker — which was cited in court filings — Handler wrote, “I have to actually sign this thing?”...
...Dear reader, After a week off, I’m catching up on the Lex column’s output myself. And there is plenty to chew over....
...Our companies are profoundly innovative. They don’t pay dividends but they’ve changed the world. What’s the deal? Some of that I’m not going to challenge. But some of that I will challenge....
...I’m pretty sure it can drive in any other city in the world,” he said. Current Baidu executives declined to be interviewed....
...“I should have done some work on Apple,” he lamented on CNBC’s Squawk Box last year....
...But he said his company was “surprised” by the scale of popular engagement. “I had a different sense of the trajectory in mind.” According to Pichai, the AI era has barely begun....
...“I thought it was better to talk to people directly than through headhunters,” he said. “I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...Private equity firms were looking at higher base rates and wider spreads and saying, no, I don’t want to do any deals right now, unless the company is growing really rapidly....
...Boeing, as I have noted before, is a blessed company: it is half of a duopoly in its core market, it has high barriers to entry and it is a strategically important company for the US....
...I see three key areas where private and public institutions can work together. First, regulation and policy. I said last year that AI is too important not to regulate well....
...In ISS’s report on the bank’s AGM, sent to shareholders on Friday and seen by the Financial Times, the proxy adviser recommends investors vote against the company’s new remuneration plan over concerns about...
...In order to reduce errors and biases in generative models, companies use a process called “fine-tuning”....
...I’m still slowly recovering from a very bad cold that I caught at the Mobile World Congress in Barcelona two weeks ago — but at least I’ve got my voice back!...
...Cruise’s fully autonomous cars, based on GM’s Chevrolet Bolt, had become a familiar sight on San Francisco streets in recent months, particularly in the evening when the company operated a fleet of 300 vehicles...
...“Taking the long-term view, we will be able to service information needs in a deeper way, and I am pretty excited about what’s ahead.”...
...On all these measures, I compared companies with peers from the same sector, not the index as a whole (if you want to see my spreadsheet, generated on S&P Capital IQ, email me and I’ll send it along)....
...Growth in its luxury division was more sedate, however, reflecting a soft market in mainland China and a crackdown on offshore travel retail by Beijing midway through the year....
...And it’s one of the reasons that I left my role as the CEO of Amazon a couple of years ago,” he told researcher and podcast host Lex Fridman in December....
...The company, which manufactures chips for just about everyone, jumped nearly 10 per cent yesterday after less-bad-than-feared earnings and sunny guidance. Its forward P/E is just 15....
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