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News in-depthApple Inc
Apple targets Google staff to build AI team
...Apple’s foray into generative AI features may first be glimpsed at the company’s Worldwide Developers Conference in June....
April 30, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...The firm has about 600 partners in the US and is the largest member of Grant Thornton International, a network of accounting firms that use a common brand and co-ordinate services worldwide....
March 15, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
BlackRock Inc
Failed Warburg talks reveal BlackRock’s private equity ambitions
...It also sells technology used by thousands of institutional investors and financial advisers worldwide....
December 21, 2023
Artificial intelligence
AI and media companies negotiate landmark deals over news content
...A deal would set the blueprint for news organisations in their dealings with generative AI companies worldwide....
June 17, 2023
The Big Read
How AI is transforming the business of advertising
The rapidly evolving technology is making it easier and cheaper to deliver high-quality campaigns. But where does that leave creatives?
February 11, 2024
News in-depthTechnology regulation
Big Tech regulatory crackdown spreads to Asia and Australia
...While regulators worldwide are given larger enforcement powers, some industry players remain sceptical that the rules being introduced globally would have the desired effect of opening up more competition...
May 10, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
US financial regulation
Largest US supermarket deal caught in Biden antitrust crackdown
...While inflation is now falling worldwide after interest rate rises, Biden has contended with higher prices souring Americans’ view of the economy for much of his presidency....
February 26, 2024
Personal & Household Goods
Castore scores £950mn valuation after Raine-led funding round
UK premium sportswear group seeks to accelerate growth following wave of deals with elite teams worldwide
November 29, 2023
Endeavor
Silver Lake moves to take entertainment group Endeavor private
Value of Ari Emanuel’s group jumps to $14bn as it says it is exploring strategic alternatives
October 25, 2023
Technology regulation
Tech alliance in AI standards push to fill ‘gap’ in regulation
...Governments worldwide have called for robust legislation to police this fast-developing technology, with the EU’s AI Act expected to be finalised by early next year....
October 25, 2023
ReviewNon-Fiction
The Lumumba Plot — the truth behind the killing of an African icon
...He renamed himself Mobutu Sese Seko, renamed the country Zaire, and ruled as a kleptocratic dictator for 32 years....
November 28, 2023
Private equity
VMware’s $92bn sale showers cash on Michael Dell and Silver Lake
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
November 29, 2023
FT Asset Management
Asset Management: Millennium’s succession dilemma
...Since launching in 1989 with just $35mn, New York-based Millennium has grown into one of the world’s largest hedge funds, managing $60bn in assets, employing 5,400 people in 17 offices worldwide and notching...
November 20, 2023
Apollo Global Management LLC
Apollo calls off Yellow bankruptcy manoeuvres with $500mn loan sale
Investor cuts exposure to failed US trucking company after jockeying over debtor-in-possession financing
August 15, 2023
Deloitte LLP (United Kingdom)
Deloitte warns on ‘challenging’ conditions despite £1mn partner pay
...The UK and Switzerland unit is obliged to reveal more about its financial performance than other parts of the worldwide Deloitte network, because of UK rules....
September 28, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
HTSIHTSI autumn travel special
Sonia Cheng: ‘The key is to design a hotel that doesn’t feel like a hotel’
...(She is reportedly effecting a modernisation of both its designs and the brand’s 7,700+ stores worldwide.) So if focus trumps bonhomie for much of our meeting, fair enough....
October 25, 2023
Millennium Management LLC
Hedge fund Millennium prepares for life after founder Izzy Englander
...Since launching in 1989 with just $35mn, New York-based Millennium has grown into one of the world’s largest hedge funds, managing $60bn in assets, employing 5,400 people in 17 offices worldwide and notching...
November 16, 2023
Warburg Pincus LLC
Perlman replaces Geithner as president in Warburg Pincus succession plan
...was president of the Federal Reserve’s New York branch during the global financial crisis, has been an active part of Warburg Pincus’s investment operations and an important ambassador to its investors worldwide...
July 19, 2023
Apollo Global Management LLC
Apollo chief warns private equity industry ‘in retreat’ as rates rise
...Apollo continues to expand its debt origination businesses after it bought the securitised products business of Credit Suisse, a large originator of asset-backed securities worldwide....
August 3, 2023
Illumina Inc
Illumina faces record fine over purchase of Grail without EU approval
...Illumina’s merger with Grail is pro-competitive and in the best interests of patients in Europe and worldwide.”...
July 4, 2023
Google LLC
Google launches Bard chatbot to rival OpenAI’s ChatGPT
...Its launch comes almost four months after Microsoft-backed rival OpenAI drew worldwide attention with the public release of its chatbot, ChatGPT, sparking a rush by tech giants to bring powerful new language-based...
March 21, 2023
Google LLC
Google reveals plans for Bard chatbot as AI tech race heats up
...The announcement comes more than two months after OpenAI drew worldwide attention with the public release of its chatbot, which highlighted an easier way to find answers to queries than using a traditional...
February 6, 2023
FT Tech for Growth Forum
The rise of the platform economy
...Airbnb, for example, takes underutilised assets worldwide and matches them with demand from users. Platforms with lopsided business models will not take off....
March 13, 2023
News in-depthAdvertising
Meta and Alphabet lose dominance over US digital ads market
...Worldwide, Meta and Alphabet’s share declined 1 percentage point to 49.5 per cent this year....
December 23, 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

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