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Inside BusinessSujeet Indap
Apollo back under scrutiny over expenses scandal
...The higher court’s ruling agreed with Rashid that the private equity firm’s expense system was broken enough at the time that Rashid himself could not have reasonably anticipated that the victims of his...
March 27, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...The commission said it was looking at whether Apple was meeting its obligations to allow users “to easily uninstall any software applications” on its iOS operating systems and change default settings, browsers...
March 25, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
February 22, 2024
Artificial intelligence
Google’s ‘Gemini’ makes mobile breakthrough for generative AI
...the Financial Times this would “run natively” on the device, and that the “nano” model was “optimised for mobile — so Android developers can easily build AI apps and features that work offline, or use personal...
December 6, 2023
Inside BusinessRichard Waters
Google pins its hopes on Gemini to leapfrog GPT-4
...That may be a step towards AI systems that are better able to operate in the real world....
December 7, 2023
John Thornhill
Digital advertising is still far too murky
...So, for example, in 2021 the agency used artificial intelligence and geolocation tools to help create 130,000 tailored video ads for 2,000 local stores in India, all receiving the “personal” endorsement...
December 7, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Missfresh Ltd
Tiger Global-backed Missfresh stops paying salaries as it runs out of cash
...“I can’t find the person in our internal system either,” they added....
July 28, 2022
Due Diligence
Private equity’s new financial engineering play Premium content
...Blackstone’s head of European and Asia-Pacific private credit Paulo Eapen will leave the group at the end of this year due to personal reasons....
September 19, 2023
Artificial intelligence
Eric Schmidt creates $125mn fund for ‘hard problems’ in AI research
...The fund, known as AI2050, will be paid out over five years to individual academics, and co-chaired by Schmidt, and James Manyika, Google’s new head of technology and society, in a “personal capacity”....
February 16, 2022
Ruchir Sharma
What’s wrong with tech giants riding the AI wave
...The fact that giants are dominating another wave of tech innovation points to deep dysfunction in the system....
July 30, 2023
News in-depthGoogle LLC
Google prepares for biggest US antitrust showdown since Microsoft
...Kanter’s involvement has also brought a personal edge to legal confrontation....
September 11, 2023
Leon Black
Apollo co-founder Leon Black wins dismissal of sexual assault lawsuit
...The collapse of Ganieva’s lawsuit marks the end of an extraordinary chapter in which the lurid allegations concerning Black’s personal life fused with a battle for control of Apollo, one of America’s foremost...
May 25, 2023
Google LLC
Google cracks down on predatory loan apps
...The new policy covers apps offering personal, payday and peer-to-peer loans, but not mortgages, car loans or credit cards....
April 6, 2023
The Big Read
Here come the driverless taxis
...“You see far less personal car ownership in Europe and the UK, and greater uptake of public transport and other solutions,” he says....
August 18, 2023
Google LLC
Google to deploy generative AI to create sophisticated ad campaigns
...It also plans to use generative AI in its ads systems by the end of the year....
April 20, 2023
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Due Diligence
Ken Griffin’s $16bn profit-palooza Premium content
...Elliott is learning the challenges of competing against Microsoft for itself after buying rival Citrix Systems for $16.5bn last year....
January 24, 2023
#techAsia
AI’s other winners and the new battery battle Premium content
...The battery battle In the 1990s, Japanese companies took the lead in commercialising lithium-ion batteries, now widely used in smartphones, personal computers and electric vehicles....
April 6, 2023
Due Diligence
Michael Klein: master of the Uli-verse Premium content
...He also recused himself from final decisions on his personal involvement....
February 10, 2023
Apollo Global Management LLC
Apollo was a major buyer in UK pension fund fire sale
...“We estimate that less than 20 per cent of debt capital to US businesses and consumers is provided directly by the banking system.”...
November 2, 2022
IPOs
The six-billion-dollar man you've probably never heard of
...By far the most important is The Worldwide Production Services LLC (WWPS), a Toronto-based film company that holds digital distribution rights to the ILBE-produced Puffins and Arctic Friends series....
May 12, 2023
Sam Bankman-Fried
SBF charged with “orchestrating a massive, years-long fraud”
...But from the start, Bankman-Fried improperly diverted customer assets to his privately-held crypto hedge fund, Alameda Research LLC (“Alameda”), and then used those customer funds to make undisclosed venture...
December 13, 2022
FT SeriesRussia in Africa
Wagner Inc: a Russian warlord and his lawyers
...This company shares a Russian director with “Velada LLC”, which was granted a concession by the Assad regime in Syria to explore for oil and gas....
January 24, 2023
Energy sector
Ukraine war puts Japan’s clean energy transition at risk
...For her, the Fukushima disaster had a personal dimension. In March 2011, when the earthquake struck, Soga was in hospital, recovering from a traffic accident....
May 12, 2022
Google LLC
Supreme Court blocks UK class-action lawsuit against Google
...The ruling is highly significant because the English legal system has always deterred US-style class-action lawsuits and requires law firms to first sign up individuals and then assemble a group of claimants...
November 10, 2021
Due Diligence
The law firm that perfected the Texas two-step Premium content
...Jones Day claimed almost $60mn in court-approved bankruptcy fees for advising companies on a complex corporate restructuring process that can shelter them from paying out large personal injury awards, as...
February 8, 2022

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