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Flagship fund is down nearly 17% in 2024 while its outflows have totalled more than $1.8bn
...It added that “it would appear to exceed CFO salaries at the majority of the Company’s market capitalisation peers”....
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
Izzy Englander poaches latest partner from Wall Street bank, where David Solomon faces fresh unrest
...The proposed revamp to its cash cow search engine would mark the first time the company has put any of its core product behind a paywall, and shows it is still grappling with a technology that threatens...
Former US partners hire lawyers in fight for bigger share of the proceeds from New Mountain deal
...The shift makes Citadel Securities the latest financial services company to increase its reliance on Big Tech cloud services and is a win for Google as Silicon Valley companies host more business traditionally...
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
...The deal, which will mark a two-thirds expansion of Citadel’s London office space, comes after Griffin has expressed concern about how hybrid or working-from-home practices can hurt a company’s culture....
...Skydance is offering to buy Redstone’s National Amusements, which controls 77 per cent of Paramount’s voting stock, and later merge with the two companies....
...Prime Minister Rishi Sunak’s government last week proposed changes to legislation going through parliament that would, in effect, prevent any foreign state from owning or having influence or control over...
...Anthony Albanese, Australia’s prime minister, said he was “very concerned” about the impact of Meta’s move....
...Polish central bank chief Adam Glapiński told the FT he was seeking a truce with Prime Minister Donald Tusk after an increasingly bitter feud....
...The attendees included former British prime ministers Tony Blair and John Major as well as media tycoons Rupert Murdoch and Michael Bloomberg....
...Silver Lake and Emanuel insist that the company will fare best as a private company, less than three years after pursuing the opposite strategy....
...Apollo’s accounts receivable department never knowingly, or as a matter of practice, improperly billed any Apollo-managed funds for expenses that should have been accounted for as management company expenses...
...Beijing is developing nationwide rules to clarify which companies will be liable in the case of an accident....
...For instance, the company said in 2021 that there were 1.5mn Swedish businesses in its total addressable market, far higher than the roughly 800,000 companies the firm said comprised its “relevant market...
...Sheikh Mansour owns Premier League football club Manchester City, while RedBird IMI last month agreed to buy a British television production company, All3Media, for more than £1.1bn....
...Ted Baker, known for its unusual prints and more formal clothes, started life in 1987 in Glasgow and became a public company in 1997....
Lawsuit sets up rare public clash between two big Wall Street rivals
...The two firms held discussions in early 2020 after Schonfeld suffered a 16 per cent loss during the coronavirus-induced market rout and was asked to put up more collateral by its prime brokers....
...On the pitch, the company’s TacticAI system reflects both the possibilities and current limitations of intensive efforts to use AI to gain a sporting edge beyond that offered by existing data analysis methods...
...Another allegation is that if you want to buy Amazon Prime, you get Prime Music, Prime Video and Prime shipping of packages. So that would be attacked as a tying arrangement....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
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