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The FT’s fourth annual ranking of the region’s businesses by revenue growth. Plus: companies with the ‘last-mover advantage’; cannabis corporations on the rise; is Moderna a one trick pony?
Large asset managers will end up on the wrong side of history, Washington envoy says
...Meta, the earliest mover among the Big Tech groups, has seen its value almost double since detailing its job cuts in November....
...Flutter — previously Paddy Power Betfair — was an early mover. It now operates mobile sports betting in 22 states and online gaming in five....
...Barcelona was an early mover against sites such as Airbnb. Scotland has introduced a licensing system....
...In AI hardware, old technology adaptation will trump early-mover hype....
...The chatbot, as China’s first answer to OpenAI’s ChatGPT, gives Baidu a first-mover advantage ahead of much bigger tech rivals such as Tencent....
...surface and ocean temperatures, glacial retreat and rising seas during the warmest 10-year period on record, with twice as many people going hungry in the years since the pandemic, our colleague Attracta Mooney...
...It holds back, often ceding first-mover advantage to rivals, until it believes it has a sure-fire hit on its hands....
...BlackRock has built on a first-mover advantage in Europe-domiciled ETFs by developing a web of relationships with institutions there, said Debbie Fuhr, founder of ETFGI, a consultancy....
...But those who come to terms with it can gain first-mover advantage. Take Cisco. The router and networking equipment maker is trying to refashion itself as a software and recurring revenue player....
Coalition overseeing $10tn in assets warns on financial risks of inaction
...But Square no longer has first-mover advantage. Payment processing has become a commodity....
Tweets about investors’ plans have an outsized impact on the value of carbon-intensive companies, research finds
...But “first-mover advantage”, combined with the fine-tuned technology used by DraftKings and FanDuel, mean “it’s going to be pretty difficult for any other companies to break 10 per cent market share”, predicted...
Sisters of St Joseph of Peace accuse bank of trying to ‘minimise its role’ in providing cash to oil pipeline company
...“MSCI has benefited from a first-mover advantage in ESG, but that sales engine is slowing,” the bank said. In Europe, where ESG investing continues to grow, MSCI faces a different headwind....
...In this case, the first mover was Kellogg UK (it self-describes as “the cereal and snacks giant”, which I find very pleasing 🥣)....
...Despite initial hopes, both drugmakers struggled to establish themselves on the Covid-19 vaccines market, now largely dominated by BioNTech/Pfizer and Moderna, which enjoyed significant first-mover advantage...
...“Facebook is scared that if they are first movers and come in with all these safety features around compulsive use, around body image issues and depression, people will say, ‘Wow, Instagram is dangerous....
...But first movers in the space appear unconcerned by the headwinds and are planning more launches....
...Otherwise, first-mover advantage could leave each claimant competing to extract compensation before the company runs out of money....
...Inc and Acc, to use the three-letter acronyms often flash up on fund websites. Now, Lynn, could you have a go at explaining the difference between Inc and Acc please? Lynn Hutchinson Yes, of course....
...But that first-mover advantage has hardly been a recipe for financial success. The company has not made an annual profit since its launch a decade ago....
Direct voting at AGMs is first step by major asset manager to give ultimate owners of votes the power to use them
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