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...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
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...Additional reporting by James Fontanella-Khan in New York...
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...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...The company, which sees opportunities in south-east Asia as well as further domestic growth prospects, opened its first store in South Korea in 2023. Heytea launched in New York in December....
...Lutnick, who helped usher in electronic government bond trading in the late 1990s, has called CME’s dominance of Treasury futures “one of the great monopolies in America”....
...The central issue in the case was whether Google stopped rivals to its Play Store and payment services from gaining traction on Android devices....
...Return of Trump The FT writes about how the least divided place in America feels about the inevitability of Trump’s return....
...Under the new value-based care approach, doctors are rewarded for keeping patients healthy instead of being paid for every service they perform....
...These services include marketing, analytics, stock management, and business loans. But the dominant one is payments, including ShopPay, its one-tap checkout button....
...Zeekr only rents space from dealers and puts in its own customer service personnel in the Zeekr Houses to manage sales, deliveries and financing....
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...This new generation of “trust busters” lament excessively lax antitrust policy in recent decades that they say has harmed competition across the US economy....
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...which is owned by MassMutual, one of America’s biggest life insurers....
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