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...One document circulated among some TikTok staff last year suggests that “high power distance” — the acceptance of hierarchical power as part of society — is common in China....
...The Delaware court this year invalidated such a practice at the investment bank Moelis & Co, which had given its founder veto power over nearly all of the standard work conducted by a board of directors....
...The father of mortgage-backed securities, unsurprisingly, puts his faith in the power of markets. Larry Fink last week released his perennially anticipated shareholder letter....
...Agatha Paul is a wealthy white author who has arrived at the University of Arkansas on a visiting professorship to teach non-fiction and research a new book about young women’s views on weddings....
...strong discipline, the pricing power of the brands, and we continue to invest in growth longer term....
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...The interior minister of Brandenburg, Michael Stübgen, on Tuesday said there would be consequences if the police discovered arson, adding that thousands of people had been affected by resulting power outages...
...The group’s market capitalisation has almost halved from its late-2021 peak of $1.2tn, when investors’ faith in the messianic powers of Musk went unquestioned....
...That helped power total flows into ETFs in the quarter to $67bn....
...Berkshire shareholders are still waiting for the outcome of litigation over wildfires allegedly caused by the company’s PacifiCorp power utility in 2020 and 2022....
...Talent agency UTA has parted with veteran Hollywood power broker Michael Kassan, sparking a bitter legal battle over differing allegations about the use of a $950,000 “special expenses” fund....
...The DMA, a sweeping set of rules unveiled in March 2022, aims to keep in check the market power of six “gatekeepers”: Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft....
...power, access, capability, control in the hands of TikTok’s parent in [the] Chinese government, and ultimately in the Chinese intelligence service,” Wray told NBC television on Tuesday....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Consumers have also grown wary of EVs. In the first three months of 2024, EV sales growth slowed and the percentage of EV cars on the road dropped, according to JD Power....
...Flutter — previously Paddy Power Betfair — was an early mover. It now operates mobile sports betting in 22 states and online gaming in five....
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
...Venues can feel pressured to use Ticketmaster as its ticket vendor: Live Nation could use its promotional power to prevent the venue from getting shows....
...It represents a major increase in power for Hassabis, who joined Google when it bought his start-up in 2014, and who now controls much of its AI development and product output....
...Politicians and regulators need to police this concentration of power in digital platforms and ecosystems, especially when dominance in mobile platforms could potentially transfer to others ranging from...
...Power surge Small Japanese EV battery suppliers are suffering from too much of a good thing....
...Google’s Cloud business revenue rose 28 per cent to $9.6bn as companies seek access to the vast computing power and chip infrastructure to train LLMs and ride the AI wave....
...The problem is that the EU fine does not mean the end of Apple’s regulatory battle. Around the world, more attempts are being made to put limits on tech company power....
...The complaint accuses the company of abusing its market power in a variety of ways: to squash the growth of innovative apps and messaging services, reduce the appeal of rival smartwatches, keep rival tap-and-pay...
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