Hints and tips:
...As Agrawal notes, they are hardly short of cash: the Mangs collectively generated $276bn of operating profits in 2023 and spent $108bn on capital expenditure....
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
...Google said: “Protecting consumers and credible businesses operating in the financial sector is a priority for us.”...
...Disney Plus adds 8m at ChristmasDisney said the pandemic knocked $2.6bn from its operating income in the most recent quarter, as its once-mighty theme parks suffered....
...john.thornhill@ft.com Follow John Thornhill with myFT...
...Of course, social media is also under fire for allowing the spread of fake news and John Thornhill's column this week looks at legal, technological and societal responses to “deepfake” videos....
...But, so far at least, the system is operating as it should. “It’s pretty extraordinary that with this amount of distress you haven’t seen more failures in asset management companies.”...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...WWW 30 years on “The time for watchful negligence may be over,” Tim Berners-Lee, who invented the world wide web 30 years ago, tells John Thornhill....
...Second, Google founders Larry Page and Sergey Brin might want to send a slice of cake to Bill Gates, since it was arguably the US v Microsoft antitrust case 17 years ago, in which Microsoft was ultimately...
...TA Associates sold down its stake, of just under 43 per cent, from 1997 to 1999....
...That's just not the level of capital that VCs typically are operating at....
...Mr Dell has been vociferous about the attractions of operating away from the public gaze since taking his PC company private in 2013, arguing that it has freed him to take a longer-term view....
...“But with the bad news out for now, it would be easier to aim for a V-shaped recovery.” Despite the writedown, Toshiba maintained there was no change to the potential of its nuclear business....
...income in 2013, up 8 per cent Netflix: $228.3m in operating income, up 356 per cent *Companies likely use different accounting principles...
...Mr Vernon, who is the ‘v’ in Brevan, intends to “pursue other interests”. Of the five founding partners, Jean-Philippe Blochet left in November 2009 to join Moore Capital....
...But it has yet to make a penny in operating profit, let alone profit before tax, after making £350m of investment....
...That restriction, says V....
...It controls Future Brands, and owns a quarter of Maxxium, both of which distribute for Fortune and V&S....
...Johnstone’s succeeds LDV, which got new owners in December after being placed in administration, in the middle of its sixth season of sponsoring the LDV Vans Trophy, a tautology since the V stands for “vans...
...Wolf is leaving McKinsey, where he was managing partner of the media and entertainment team, to become MTV Networks’ president and chief operating officer....
...CSFB said it expected TA to acquire 100 per cent of Mobiltel, the biggest mobile operator in Bulgaria, in the third quarter of 2005....
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