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The FT’s fifth annual ranking of the region’s businesses by revenue growth. Plus: outsourcers tap into remote work boom; Shopify targets more growth from bigger clients; Brazil’s alternative to electric vehicles; and Vertex Pharmaceutical’s potential answer to the opioid crisis
...He said that there would be “more focus” on getting customers to sign up to websites with their information as companies attempted to boost their stores of “consented data”....
...The proposed revamp to its cash cow search engine would mark the first time the company has put any of its core product behind a paywall, and shows it is still grappling with a technology that threatens...
...Recent ransomware targets include a Senegalese bank, a financial services company in Chile, a tax firm in Colombia and a government economic agency in Argentina, which were hit as part of gangs’ dry runs...
...Influencers affiliated with Ogilvy will need to clearly say when they are being paid by a pharma company....
...Bhat added that Google was working with regulators to understand their requirements and make sure the technologies were used securely....
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...Privately held Vitol, which employs about 1,800 people, made a record $15.1bn in net profit in 2022 and about $13bn in 2023, making it one of the most profitable companies in the world on a per capita basis...
...It took advantage of a surge in demand from investors for fast-growing technology companies when it listed three years ago, with its share price tripling in the six months after it went public....
..., who has been criticised for being slower than rivals to commercialise generative AI — particularly in the context of Microsoft’s $13bn partnership with OpenAI and its much-hyped ChatGPT — despite the technology...
...Scientists have devised a potential therapy for a rare neurological disease using brain tissue derived from human stem cells, raising hopes that so-called organoid technology can target other untreatable...
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...has hampered efforts to stamp its mark on the technology....
...On the pitch, the company’s TacticAI system reflects both the possibilities and current limitations of intensive efforts to use AI to gain a sporting edge beyond that offered by existing data analysis methods...
...Tech companies pushed back on Monday against suggestions of wrongdoing....
...As for TikTok’s value as a boon to consumers and businesses, there are many companies that could quickly replace it....
...To some extent, this reflects special pleading by the tech companies....
...Cannae is the vehicle of Bill Foley, the multi-billionaire who made his fortune in a series of financial technology and financial services companies....
...They have questioned the company’s previous disclosures over the limitations of its technology as well as its handling of the incident....
...Diversifying public sector technology procurement could help institutions avoid the risks of relying on a single legacy supplier....
...One person close to the company said it is aiming to achieve an initial valuation of at least $5bn when it goes public....
...In order to reduce errors and biases in generative models, companies use a process called “fine-tuning”....
...China has introduced new guidelines that will mean US microprocessors from Intel and AMD are phased out of government PCs and servers in its most significant step yet in replacing foreign technology with...
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
...The EU has agreed an AI Act, which will impose new burdens on tech companies building AI models....
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