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...The significant share of BCG’s revenues coming from AI advisory work, which has not been previously disclosed, highlights how consulting firms are seeking to cash in on the generative AI boom....
...Wellness is another growth area on social media that has attracted influencers who offer advice without any medical experience and are seeking to sell products or services....
...The number of RSUs ByteDance withheld to cover the tax liabilities was insufficient in many cases, leaving many individuals needing to make an additional cash payment to the Internal Revenue Service....
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
...Hunt promised £165mn to fund extra capacity for children’s social care placements, the costs of which are currently crippling some local authorities and significantly contributing towards budget overspends...
...Beyond the cash cow, the genre taps into the increasing draw of such theories amid growing mistrust in governments, and the mainstreaming of conspiratorial narratives in recent years, she says....
...And its latest turnaround effort comes with a $50mn cash impact that will delay hitting positive organic free cash flow by a year, to 2025....
...Parisians aiming to cash in on the Olympic Games by renting out their apartments are struggling to lock in bookings as a glut of listings comes on the market, pushing down prices....
...The profit metric I prefer to use for tech companies is what I call “true free cash flow”, which is operating cash flow minus capital expenditures and stock-based compensation (stock comp becomes a cash...
...conversations with adults of my own and more recent generations, there has been a yearning for something deeper, something that offers a break from the round of inanity and pressure that can so easily be found on social...
...The additional funds will benefit just under half of England’s 317 councils, which are responsible for social care....
...It has compounded free cash flow at more than 50 per cent a year. The only possible response to this is awe....
...The social media group’s shares plunged 11 per cent after chief executive Mark Zuckerberg said on Wednesday he would spend billions more than planned on AI, warning costs would have to increase “meaningfully...
...The children who are most susceptible to the addictive features of social media and gaming apps will probably resist most fiercely....
...Share awards that employees received instead of cash bonuses become eligible for sale one year after they have vested, according to the documents....
Company will ‘move to the courts’ after Congress pushes ahead with bill demanding Chinese parent sells viral app
...Social network giant Meta doubles net income and watches as its share price slides more than 12 per cent....
...It could also benefit other social media platforms if users turn to alternative apps seeking similar experiences....
...Wednesday this week should have been a red-letter day for investors in social media company Meta....
...Shares in Donald Trump’s social media business jumped in their New York market debut on Tuesday, making the former US president’s stake worth $4.6bn....
...Shares in social media company Reddit leapt by almost half on its market debut, in a vote of confidence for initial public offerings after two years of subdued activity....
Move could lead to obsolescence of video app used by 170mn Americans
Also in this newsletter: UN Security Council calls for ceasefire in Gaza, UK accuses China of cyber attacks, neurodiversity in the workplace
...approval from the merged company’s board, which is set to include his son Donald Trump Jr as well as several officials who served in his administration, to start selling his stake immediately to raise cash...
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
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