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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
CEO projects share of sales will double as companies integrate technology into operations
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
April 23, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
April 19, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
Airlines
US airlines under fire for raising baggage fees again
...The group estimated the rule would cost airlines $33bn over 10 years....
March 10, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
April 18, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
April 18, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
The American economist who once said the age of rapid innovation was over has a striking prognosis about AI
April 19, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
April 24, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
April 3, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
March 29, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
Brussels seeks explanation from iPhone-maker after group behind ‘Fortnite’ has account terminated
March 7, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
April 15, 2024
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
April 11, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
April 21, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...Since then, SIG has put over $3.5bn into more than 350 Chinese start-ups, making Yass’s group among the leading foreign venture capital firms in the country, according to research group ITjuzi....
April 24, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
March 25, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
April 23, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
April 23, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...The group is set to hold a town hall for staff on the US situation on Wednesday....
April 22, 2024
Banks
Towards a theory of co-headship
A detailed taxonomy of management company rationales for this weird Wall Street anomaly
March 11, 2024
Disrupted Times
Brussels blasts Big Tech
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
March 25, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...On a year-on-year basis, deliveries fell almost 9 per cent for Tesla while rising 13 per cent for BYD, although the figure was nowhere near the 85 per cent annual growth the Chinese group reported in the...
April 23, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
April 17, 2024

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