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...“Everybody is a smartphone user now, and one of the jurors is a Fortnite player, and it was good to see,” said Sweeney....
...Number one, it’s going to be a hell of an expensive antitrust case. Number two, you’re going to get very different outcomes depending on which product you’re looking at....
...That involved one small feature of Google’s search engine. The DMA, by contrast, has taken on the entirety of some of the most prominent digital services in use today....
...One cause of such failures could be “naked” short selling. “Nasdaq is committed to the principles of liquidity, transparency and integrity in all our markets,” the exchange said....
...Its staff numbers would be “similar to current levels” at the end of 2024, the company said....
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...The piece was based on the one-on-one interview that I did with her last week at the Carnegie Institute....
...One big difference, of course, is that AI has been validated by huge, cash-rich, market-leading companies such as Microsoft, Google and Amazon....
...Momentum vs sentiment Market rule number one: be fearful when others are greedy. Market rule number two: don’t bet against momentum. Good rules to follow, but right now they conflict....
...Berkshire also exited its investments in payments business StoneCo, insurers Globe Life and Markel Corporation, and homebuilder DR Horton....
...One wonders how the board, with at least one AI luminary among them, did not spot the opportunity a little earlier....
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...BCG is working with global tech giants and AI companies including Microsoft, Google, OpenAI and Anthropic to integrate their technology into company operations and processes....
...But in an important sense there is only one question that matters, and it’s not about numbers: can Reddit become a global phenomenon on the model of Meta, or even close?...
...Big airlines and the Irish prime minister have warned that maintaining the cap could hit an economy where multinationals such as Microsoft, Apple, Google and Pfizer pay billions of euros in corporation tax...
...Profits were dragged down by one-off charges linked to last year’s regional banking crisis....
...So one obvious solution to the problems of SMBs is bank licences....
...“It’s overall strong numbers, but China is a lingering worry, and the growth numbers in China did not put to rest the concerns,” said Daniel Ives at Wedbush Securities....
...“You’re going to see devices launch in early 2024 with a number of generative AI use cases,” he told the Financial Times in a recent interview....
...Google’s antitrust trial could cause a meaningful, but not huge, hit to revenue if Google can no longer pay to be the default search engine on Apple products....
...“The mundane objectives of a corporation are misaligned with artificial general intelligence.”...
...And for a number of reasons....
...It is a very different picture from the one Hertz’s owners were looking at before they hired Scherr....
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