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...Berlinski, who will become co-chief operating officer, is the latest in a series of high-profile departures from Goldman, where chief executive David Solomon is contending with renewed upset over appointments...
...Its driverless vehicles have been operating in certain US cities including San Francisco as a taxi service....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...The retailer said there were levers it could pull to offset this, such as growing its co-branded credit card business....
...Founded in 1956, Intersport Deutschland operates as a co-operative with 200 independent sports retailers as members, all operating under its brand....
...The brand, which delisted from the London stock market in 2022 after Authentic acquired it in a £211mn deal, will continue to trade online and in stores....
...“This settlement builds on Android’s choice and flexibility, maintains strong security protections, and retains Google’s ability to compete” with other operating systems, as well as invest in the Android...
...Epic’s lawsuit alleged Google abused its power to charge excessive fees, and made an operating profit of $12bn on its Play Store in 2021 alone....
...The merged entity would operate more than 5,000 stores and approximately 4,000 retail pharmacies while employing nearly 700,000 staff across 48 states, the FTC said....
...After all these costs are accounted for, their margins often descend to single digits: Walmart’s operating margin this year is about 4 per cent. It is easier for app stores....
...Christopher Finn, the longtime chief operating officer at Carlyle Group, is retiring this summer....
...Epic has alleged Google’s operating profit on the Play Store exceeded $12bn in 2021, at a margin of more than 70 per cent....
...If the two ritziest luxury department stores in Europe’s richest city are struggling, can any succeed? In November, one of Globus’s ultimate co-owners, René Benko’s Signa Group, collapsed....
...The European Commission, the bloc’s executive arm, announced official probes on Monday into whether Apple and Google owner Alphabet were unduly favouring their own app stores, as well as Facebook owner Meta...
...Given the operating costs that Epic sees on its own store, “we know that these stores can operate on vastly lower fees than Google is charging”, he said....
...And Nvidia has backed Inflection AI, Databricks and Cohere and co-invested with Google in Hugging Face and Runway....
...The FT previously reported he had threatened to quit after being excluded from a new operating committee....
...Cruise on Thursday said it was co-operating with law enforcement agencies....
...Signa co-owns the KaDeWe operating company with Thailand’s Central Group, but it separately owns the KaDeWe building....
...The broader “services” segment it is part of has a 35 per cent operating income margin. Epic argues that the app store margin is far higher....
...We are grateful to the FBI for helping protect our information and will continue co-operating with them closely.”...
...The maker of the popular game Fortnite claims that Google broke US antitrust law by hampering rival app stores that run on its Android operating system, which in effect forces app developers to use its in-house...
...“If you have your back to the wall and don’t have a history of operating from that perspective, you may not have those muscles readily available....
...Advanced packaging requires greater co-operation between industry specialists....
...Just [on Tuesday] the Supreme Court denied certiorari in Epic Games versus Apple, in which one of Apple’s defences was that they need to sell apps exclusively through the App Store, because that’s the only...
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