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...Other recent partner-level exits include Solomon’s longtime lieutenant, Jim Esposito, Beth Hammack, co-head of the bank’s financing group and the former head of its consumer and wealth division Stephanie...
...However, operating income slid 15 per cent to $181mn, while net income dropped by more than 75 per cent to $50mn, the documents show....
...Claure was the Japanese group’s chief operating officer until his departure last year following a fallout with Son....
...Analysts also flagged improvements to Alphabet’s operating margin, which expanded to 32 per cent from 25 per cent a year ago, beating expectations for 29 per cent....
...Authentic remains in advanced discussions with several potential operating partners to the Ted Baker brand, according to a person familiar with its operations....
...Christopher Finn, the longtime chief operating officer at Carlyle Group, is retiring this summer....
...Operating costs can be cut, to the tune of $75mn — equivalent to about half of Spirent’s 2023 ebitda. And this is the right time to swoop. Spirent’s stock has been in freefall....
...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...
...The search group had been testing generative AI software internally for several months by then....
...The FT previously reported he had threatened to quit after being excluded from a new operating committee....
...We are grateful to the FBI for helping protect our information and will continue co-operating with them closely.”...
...These fundraising vehicles, known as special-purpose acquisition companies (Spacs), raise money with a promise to invest in an operating company....
...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....
...Other groups, such as Amazon, have extended the estimated lifespan of their assets even further this month, which will mean more profits this year....
...When Silver Lake alerted investors to their cash return, it said the sale of VMware was a “defining moment” for the $100bn in assets group....
...Match Group, the owner of dating app Tinder, also settled with Google ahead of trial....
...“Tiger Global is operating in-person out of our New York offices, whereas Scott and his family have made their home in Florida and want to stay there.”...
...Running generative AI with the computing power available on mobile handsets, rather than through the cloud on servers operated by big tech groups, would vastly reduce the costs of operating such systems....
...While the unit remained profitable in the three months to September 30, operating income was lower than in the second quarter of the year....
...Private equity firm Welsh, Carson, Anderson & Stowe has hired Megan Callahan as an operating partner. She was previously operating chief of digital healthcare group Twill....
...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....
...HIG Capital has filed a complaint against fellow middle-market specialist Audax Group, which sold telecoms software company Mobileum to HIG for $915mn in early 2022....
...This may be welcome, but it came after California regulators barred the company from operating....
...It described the arrangement, known as user choice billing, as a pilot, but said it was operating in 35 countries....
...Trafigura said the ex-employee was a former consultant to DT Group, which was a joint venture formed in 2009 by Trafigura and Cochan Holdings LLC, an investment vehicle controlled by a former military adviser...
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