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...Ark’s flagship Innovation ETF soared more than 150 per cent in 2020, a level of performance that beat virtually every other competitor and put the firm on the map....
...Google reported $175bn in revenue from search and related ads last year, more than half its total sales, posing a conundrum for the company over how to embrace the latest AI innovations while preserving...
...Wood’s $8bn Ark Innovation exchange traded fund recorded a 68 per cent gain last year, putting it within the top one per cent of its peers, according to data from Morningstar....
Private equity firm is working with former Lloyds and Credit Suisse boss on plan to buy Altice’s Portuguese business
...Seemingly outlandish, this estimate is consistent with the dramatic boost to real GDP growth during bursts of technologically enabled innovation in the past 2000+ years....
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
Lawsuit sets up rare public clash between two big Wall Street rivals
...Brussels blocked the deal a year later over concerns it would limit consumer choice and hurt innovation. Illumina appealed to the EU court but it sided with the commission in 2022....
...“Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” FBI director Christopher Wray...
...Despite falling more than 1 per cent on Monday after Israel said it had withdrawn its troops from Khan Younis in southern Gaza, easing fears that the conflict would escalate, Brent is up about 16 per cent...
...Meanwhile, southern nations must step up structural reforms, including to improve public sector efficiency, private sector competition, and innovation — as well as ensuring remaining EU recovery funds are...
...Israel moves some of its troops from southern Gaza to prepare for an operation in the city of Rafah, Google is considering charging for AI-powered search, and European defence companies are worried about...
Amazon, Microsoft and Google pledge to defend customers from IP issues, but their indemnities are narrow
...Europe’s AI Act is an important development in balancing innovation and risk....
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
...The FT in late 2020 was the first to report about a Southern District of New York decision in which Judge Kevin Castel ruled that Mohammed Ali Rashid, an Apollo private equity partner, breached his duties...
...“In China, the story is the unbelievable size the market has become, combined with innovation,” he said in an interview with the Financial Times in June....
...Although its stated intent is to accelerate innovation and competition, Microsoft’s tie-up with OpenAI has already attracted the scrutiny of regulators as to whether it constitutes a merger....
...Vietnamese carmaker VinFast has agreed to build an electric vehicle plant in southern India’s Tamil Nadu state in an investment worth up to $2bn, marking its foray into the world’s third-largest car market...
...Courts and antitrust regulators are discovering how rewarding that innovation is. The man who keeps telling them is Tim Sweeney, chief executive of Epic Games, the developer behind the game Fortnite....
...The suit also challenges Daryaganj over the origins of dal makhani, a rich lentil dish, which is another of its supposed innovations....
...“While the robotics of the A-lab is cool, the real innovation is the integration of various sources of knowledge and data with A-lab in order to intelligently drive synthesis,” he said....
...The rate of innovation is high. They spend a lot of money on R&D. They are among the largest patent holders. There’s very little evidence of collusion....
...The UK has emphasised it will not be creating specific AI legislation in the short term for fear it could hamper innovation. Instead, it will look to existing regulators to oversee the technology....
...Anta Sports is based in the southern Chinese province of Fujian and has become one of the country’s top sports brand....
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