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...Investors’ willingness to finance the plan relies on a decent regulatory settlement, it added....
...“More broadly, there is an unpersuasive talking point that fewer competitors is better for competition and I think we always need to assess that claim very sceptically,” said Chopra....
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...“I wonder how can I trust them in the future not to make mistakes,” Burns said....
...PwC and Aegean’s other auditor Deloitte have already paid $14.9mn each in legal settlements with investors in the US-listed company. PwC said the settlement with the PCAOB draws a line under the issue....
...“I have no idea how much volume they’re going to be doing in the middle of the night....
...“I think we’re all trying to get to the moon first,” Hardy said....
...The announcement of the terms of the settlement, which was reached in September, comes after Epic Games, the maker of popular online game Fortnite, won a related case against the tech company last week....
...Google will detail more of its plans in AI and search at its annual I/O developer conference on May 14 and 15 at its headquarters in Mountain View, California....
...“I have sat here for 22 years as the chair and CEO of this company since we went public and I’ve seen nothing but competition. So this is no different....
...In a 2013 message to another Centerview banker — which was cited in court filings — Handler wrote, “I have to actually sign this thing?”...
...The settlement highlights the legal risks companies face when issuing revenue guidance....
...The reshuffle comes ahead of Google’s first-quarter earnings on 25 April and its annual I/O developer conference on 14 and 15 May at its headquarters in Mountain View, California....
...Our companies are profoundly innovative. They don’t pay dividends but they’ve changed the world. What’s the deal? Some of that I’m not going to challenge. But some of that I will challenge....
...I’m pretty sure it can drive in any other city in the world,” he said. Current Baidu executives declined to be interviewed....
...But he said his company was “surprised” by the scale of popular engagement. “I had a different sense of the trajectory in mind.” According to Pichai, the AI era has barely begun....
...The co-founder clinched a $185mn non-compete agreement in 2019; in 2021 he agreed a $106mn settlement over SoftBank’s attempt to back out of a tender offer....
...“I thought it was better to talk to people directly than through headhunters,” he said. “I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...First, companies turned up at countryside beauty spots to build wind farms....
...“My concern with the state settlement, which I am not privy to, is that it will restore a fake form of competition which doesn’t actually give consumers the benefits of real competition,” Sweeney said....
...Private equity firms were looking at higher base rates and wider spreads and saying, no, I don’t want to do any deals right now, unless the company is growing really rapidly....
...“I think it’s appropriate that we work with central banks around the globe,” he added, saying collaboration was needed between the Financial Stability Board, the Bank for International Settlements, the central...
...Boeing, as I have noted before, is a blessed company: it is half of a duopoly in its core market, it has high barriers to entry and it is a strategically important company for the US....
...I am surprised so far to have seen only relatively small experiments with blockchain in settlement. This use of technology will make a big difference to what is possible for the settlement system....
...In ISS’s report on the bank’s AGM, sent to shareholders on Friday and seen by the Financial Times, the proxy adviser recommends investors vote against the company’s new remuneration plan over concerns about...
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