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...Credit Suisse sold the majority of its securitised products unit to Apollo in November 2022, just a few months before the Swiss bank was rescued by its rival UBS in March 2023....
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...Hartelius told the FT that “our main focus is on customers and products and the responsibility connected to that is how we have chosen to be organised”....
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...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...Researchers from the University of California, Riverside, wrote in a paper cited in Nature this week that it was a “critical time to uncover and address AI models’ secret water footprint amid the increasingly...
...Oil and refined products is one area where the available data on supply levels, demand patterns and logistical variables has ballooned in recent years, Barrack told the Financial Times....
...Jamie Dimon, JPMorgan’s chief executive, cautioned last month that fast-growing new financial products “often become an area of unexpected risk in the markets”....
...Each product line has its own leader, with workers incentivised to make incremental changes to optimise products, rather than radically innovate or work across teams....
...“We are putting a product into 2027, when there is not much other product coming out,” Mistry said, adding that the deal marked a “‘dramatic increase” in Citadel’s London footprint....
...“Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” he added....
...Hovenkamp wrote the textbook on US antitrust, and recently published a timely paper on breaking up Big Tech....
...All tech products involve trade-offs, he says....
...The venture underscores how harnessing AI can shortcut years of experimental graft — and potentially deliver improved products and processes....
...Such an outcome could “kill the product”, Hall said....
...Their emphasis below: During the current business cycle, we believe real gross domestic product (GDP)i growth could accelerate to 7% per year on average, surpassing that of any year since 1950....
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