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...Having made his fortune building and selling the internet telecommunications company Skype Technologies in the early 2000s, the 57-year-old Zennström now runs Atomico, one of Europe’s leading venture capital...
...“I thought there was such potential in Europe for more companies like Skype to be created. Let’s break the [Silicon Valley] monopoly....
...A troubled technology and logistics overhaul then dragged on for years, costing hundreds of millions of euros....
...Among its backers are the family offices or companies behind brands such as Swarovski, Adidas and Estée Lauder, as well as entrepreneurs including Skype co-founder Niklas Zennström....
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Tortured streaming department
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Price increases and a growing ad business have been countered by increasing costs
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...He was chief marketing officer between 2011 and 2013, and between 2013 and 2015 he was president of health, safety and environment, marketing and technology....
...The other hope for the industry is that even if the unit costs will decline owing to the use of technology, the volume of sales will increase....
...Indonesia dominates the nickel market, thanks not only to the world’s largest reserves but also to Chinese technology and investments that have lowered the cost of production....
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Spotify turned its largest quarterly profit ever after cutting costs
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...Nonetheless, AI is one of the largest tech themes Plural has backed so far, including legal start-up Robin AI and Unitary AI, which applies the technology to online content moderation....
...Battery producers are optimistic of AI revolutionising the discovery of new materials, emulating a shift seen in the pharmaceutical industry where the technology is being used to speed up the development...
...controlling stake in luxury group Kering and the family’s art collection, Artémis also has investments in sports apparel brand Puma, vineyards, luxury fashion brands Courrèges and Giambattista Valli and technology...
...Over the past three years, the Granolas have performed in line with the US’s Magnificent Seven — a group of technology stocks comprising Apple, Microsoft, Alphabet, Amazon, Tesla, Meta and Nvidia — and with...
Chief Daniel Ek says music streaming service’s costs too high
...It’s inevitable that the notion of convenience — the motivation behind many developments across culture and technology over the past two decades — should find ample reflection in our wardrobes....
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