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...At stake is the company’s market capitalisation which was $4.6bn on Tuesday, a 23 times multiple of forecast sales that has made it one of the world’s most highly valued software groups, more expensive on...
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...The EU’s probe into web apps would come after the March 6 deadline for companies to comply with the terms of the DMA, landmark legislation designed to tackle the power of Big Tech groups....
...Many of the biggest sales this quarter have come from technology executives....
...Lin Qingyuan, a chip expert at research group Bernstein, said substitution would progress faster for server processors than for PCs because of the more limited software ecosystem in need of replacement....
...UK software group Solidatus, which helps companies manage their data, is ranked 91st....
...The group is now a major specialist in automation and software that helps manage energy efficiency in buildings or data centres, and has become one of France’s most valuable companies, behind luxury groups...
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...The move removes the US games company’s ability to offer titles to Apple mobile users or proceed with launching a competing app store on its rival’s iOS mobile software in Europe....
...But in recent months there has been a trickle of big-ticket deals in enterprise technology, including Cisco’s move to acquire data and security software company Splunk for $28bn in September and Hewlett...
...The commission said it was looking at whether Apple was meeting its obligations to allow users “to easily uninstall any software applications” on its iOS operating systems and change default settings, browsers...
...Gary Swidler, president of Match Group, which owns Tinder, said the EU’s acceptance of Apple’s plan is “far from assured”....
...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....
...They’d found that the app’s software didn’t reward honesty or responsible behaviour. It prized speed....
...The tech giant had previously said cutting off web apps was part of an effort to comply with the EU’s landmark Digital Markets Act, arguing browsers other than its own Safari software would expose users...
...The group’s shares were down about 2.5 per cent in morning trading....
...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....
...It is targeting a pool of buyers who are more interested in price, range and charging station access than DeLorean style doors and the promise of autonomous driving software....
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
...These overlays are displayed on sites as varied as Mexico’s state oil company Pemex, LVMH and London-listed outsourcing group Capita....
...Now, there are some easy crank-sounding jokes to be made about that quote and Palantir’s business selling software to intelligence agencies. But in light of a recent (and very good!)...
...Apple will be able to point to aspects of its technology that outweigh any anti-competitive effects....
...Tesla must fix the software of more than 2mn US vehicles, its third major safety update in the space of three months, coming at the end of a fraught week for the US electric-car maker....
...Renesas bought Apple supplier Dialog for €4.8bn ($5.6bn) in 2021 and splashed out over $10bn on both US rival Integrated Device Technology in 2019 and US chipmaker Intersil in 2017....
...GitLab joined markets in 2021, part of the rush of technology companies that listed as stock prices peaked. It raised just over $800mn at an $11bn valuation....
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