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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...In the UK companies cannot advertise prescription medicines to the public but are allowed to promote them to healthcare professionals....
April 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Google LLC
Google considers charging for AI-powered search in big change to business model
...It is unclear how exactly the company would seek to integrate AI-powered search into these paid-for services, which offer different pricing tiers, or when the AI-powered search offering would be ready to...
April 3, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...In overturning his pay package, the court said Musk, who owns more than a fifth of the company, was too cosy with Tesla’s board and the value of the package was unfair to other shareholders....
April 23, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
April 19, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...The company said it generated strong engagement in the first quarter from subscribers in the UK with Fool Me Once, which had 98mn views....
April 18, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthBoeing Co
Airlines count the cost of Boeing’s production slowdown
...The company this week reported burning almost $4bn in cash in the first quarter as production rates slowed....
April 25, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
April 19, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
April 18, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
April 3, 2024
Eurozone economy
Eurozone business activity rises to 11-month high
...Price pressures also picked up, as services companies passed on higher wage costs....
April 23, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...The company said the security services were “in the interests of the company and its shareholders”, owing to the “critical value” the pair provided....
April 21, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...The deal, announced on Tuesday, will require the payments companies to lower the so-called swipe fees they charge sellers over the next five years....
March 26, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
April 24, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Accountancy
Investors left in the dark after US companies fail to file on time
...The auditors of large US companies are required not just to sign off on the annual figures themselves but also on the internal controls and systems that a company used to produce them....
March 1, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It added that it was looking at services including Google Shopping and Google Flights over whether the company was giving preference to these in its search results....
March 25, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company’s C.E.O., told DealBook....
April 23, 2024
Ripple Labs, Inc.
Ripple Labs joins stablecoin rush amid crypto market revival
...The San Francisco company is battling a claim from the US markets regulator, which has for years pursued the company over its associated currency, XRP....
April 4, 2024
Citigroup Inc
Citigroup profits beat forecasts as bank sheds thousands of jobs
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
April 12, 2024
EY
CVC expresses interest in EY’s Italian consulting arm
...The approach underlines private equity interest in the sector and comes after several firms made investments in professional services businesses in the US and Europe....
April 18, 2024
Exchange traded funds
Flows to European ESG exchange traded funds halve in first quarter
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
April 25, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...The company makes about four-fifths of its sales in the US, where the market is highly competitive....
March 21, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...The streaming service is betting that screening three live programmes a week will allow it to capture the large and loyal fan base for a show that helped launch the careers of Dwayne “The Rock” Johnson,...
January 23, 2024
LexAsset allocation
Larry Fink’s faith in the power of markets needs some tempering Premium content
...Fink noted that public equities and bonds now accounted for 70 per cent of financing for non-financial companies in the US, the highest proportion in the world....
April 2, 2024

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