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...BCG, which started investing in its AI business in 2015, has about 3,000 employees in its BCG X technology and design division....
...The “staging ground” tactic worked because businesses in those countries had “less of an awareness of cyber security”, said Nadir Izrael, chief technology officer at cyber security group Armis....
...This includes a £40mn acquisition of Neptune in 2019, and a £120mn deal for Majedie Asset Management in 2022....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
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...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...The French group has grown through acquisitions over the years, including the two-stage acquisition of British technology company Aveva, sealed in 2022 and which valued the UK company at £10.6bn....
...Analysts have asked whether it makes sense for the news bureau to be part of a group now positioning itself more as a technology company for professional services....
...Technology companies have made no secret of favouring younger and unmarried workers. “Ageism in the tech sector is a big problem....
...Spotify turned the largest quarterly profit in its 18-year history as chief executive Daniel Ek makes good on his promise of a “new phase” for the streaming group after decades of freer spending....
...Many appear to see the technology as a solution: media groups have been ramping up their investment in AI even as they have been forced to make those cost cuts....
...State-owned China Investment Corporation owns 49 per cent of Neptune, with private equity groups Carlyle and CVC Partners owning 30.6 per cent and 20.4 per cent respectively....
...That gives SenseTime’s generative AI segment, which tripled last year and accounted for more than a third of group revenue, some income back-up from the group’s other business units....
...The region-wide Stoxx Europe 600 added 1.1 per cent — led higher by strong performance from technology groups and healthcare stocks....
...in the costly technology and infrastructure required to support his plans....
...“It’s an important milestone,” he said, adding that the group could now focus on its 2023-25 growth plan. Jakobs said the company had made changes to avoid further safety issues....
...Trump Media & Technology Group was taken public last week in a merger with a blank-cheque company, which increased the former US president’s wealth on paper by billions of dollars....
...For example, Yass’s group is the largest outside investor, with a 14 per cent stake, in Beijing Xindun Times Technology, or Trusfort, which provides cyber security solutions to several state-owned groups...
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