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...new applications....
...Elsewhere on Tuesday… — In the shadow of St Paul’s (The Fence) — Is it even possible to become more productive?...
...The UK’s blue-chip index climbed to a new intraday record earlier on Tuesday but retreated after Bank of England chief economist Huw Pill warned against cutting interest rates too soon....
...Newly announced lay-offs at Amazon Web Services will include employees in the physical stores’ tech team. Physical stores could be in line for future cuts....
...None is as appealing as the “one-stop-shop” linchpin to the venture community SVB had been....
...The benchmark S&P 500 was up 0.4 per cent shortly after the opening bell in New York while the tech-heavy Nasdaq Composite added 0.5 per cent....
...Wall Street’s benchmark S&P 500 was up 0.5 per cent shortly after the opening bell in New York. The tech-heavy Nasdaq Composite rose 0.9 per cent....
...If the potential pay-off from AI dominates talk on tech earnings calls in the coming days, the big tech companies should at least deliver enough other good news from their existing businesses to please investors...
...The UK competition regulator has taken the first steps towards three new probes into tie-ups between Big Tech companies and artificial intelligence start-ups, after the watchdog expressed concern about dealmaking...
...TLcom, which seeks out early-stage companies, plans to invest chunks of up to $3mn in its second fund. The investment comes as the tech industry around the world has suffered a downturn in funding....
...“The stock pullback has very little to do with [interest] rates,” said Parag Thatte, a strategist at Deutsche Bank. “It’s more to do with investors pricing in slower earnings growth [for Big Tech].”...
...But a new note from HSBC suggests this trend may be just getting going....
...The International Maritime Organization, the UN’s maritime body, is meant to introduce new, stricter emissions rules to come into force from 2027....
...Efforts to reform UK pensions, and boost domestic stock market investment, are proceeding slowly. Meanwhile, those running the numbers on pound-shop Britain will still be finding appealing prospects....
...“We are delighted to open source so that developers, entrepreneurs and researchers can feed off Llama 3 for new innovation [but not for] very large platforms who might just want to piggyback on our investments...
...shops open....
...While the guidelines are broadly drafted, the code is legally enforceable as part of the Digital Services Act, a core piece of legislation aimed at setting the rules on how Big Tech should police the internet...
...More recently, the likes of Meta and Apple have braced themselves for hefty fines as Brussels seeks to determine whether they are properly obeying the landmark Digital Markets Act, a new law aimed at opening...
...Meanwhile, international oil benchmark Brent crude rose 2.6 per cent to $84.16 a barrel, its highest settlement price since early November....
...After losing their jobs, over-35s find it difficult to find new employment, said Yang. Many departments in China’s civil service restrict entrance examinations to those under 35....
...As a rule, companies that urge investors to shrug off poor news, and focus instead on tomorrow’s prospects, are peddling poor advice. Yet ASML, Europe’s €350bn lone tech giant, is a rare exception....
...The benchmark S&P 500 was down 0.9 per cent shortly after the opening bell in New York, with particularly steep declines for technology stocks. The tech-heavy Nasdaq Composite fell 1.2 per cent....
...UK food-to-go retailer Greggs said it would open up to 160 new shops this year after adding 145 in 2023, as its market share rose to an all-time high....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...New-style competition policy sees that this has allowed digital companies to build massive market power and aims to stop such acquisitions....
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