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...It added: “The App Store has helped Spotify become the top music streaming service across Europe and we hope the European Commission will end its pursuit of a complaint that has no merit.”...
...Active ETFs — on which many active managers have pinned hopes for attracting new capital — have grown in popularity....
...And here’s what I’m keeping tabs on today and over the weekend: Economic data: The government releases monthly employment statistics for April and we also get services sector data for last month....
...However, Starship could also undermine the business cases of the hundreds of rocket start-ups that have been launched globally in recent years, which all hope to tap into rising demand for satellite services...
...Sky is cutting 1,000 jobs as it shifts from satellite dish services towards digital streaming....
...The service is based on a constellation of more than 5,500 satellites and provides broadband connection anywhere on Earth....
...“I hope the FCA re-look at their decision,” the UK chancellor told the Financial Times, referring to the watchdog’s plan to publicly disclose the identities of companies under investigation more frequently...
...Zuckerberg has a new pitch: “Creator AIs”, personalised chatbots and agents that he hopes will provide a much more engaging way to reach customers....
...After all, even as cord-cutting has chipped away at the pay TV audience, there are still some 50mn households paying for cable or satellite television....
...After all, you would hope the banks did their due diligence at the individual portfolio company level....
...I’ve got another meeting with Wes Streeting and Peter Kyle about AI in the health service tomorrow. Feel like I am making headway....
...In some ways the Conservatives had better hope Martin’s right: because the alternative is that they’ll be the ones who have to find a way through the impossible promises that these tax cuts rest upon....
...Officials have also expressed concerns about ties between SpaceX, Musk’s commercial rocket and satellite business, and the US military....
...The ride-hailing company hopes the move will help it to compete with rival DoorDash in suburban locations across America....
...Telecom and tech giants are being forced to reroute internet traffic after attacks in the Red Sea put undersea cables at risk, affecting connectivity and services around the world....
...The US group said on Thursday it would create a token that it hopes will allow asset managers and banks to trade securities on blockchains....
...Brussels hopes to finalise its probes in one year. The timeline is faster than the many years it has historically taken to deal with antitrust investigations....
...In recent months, the California-based Viasat has announced malfunctions in two of its most eagerly anticipated satellites: Viasat-3, which was to provide services to the Americas; and Inmarsat-6 F2, part...
...“Tomorrow, Russia will use tactical nuclear weapons. Tomorrow Russia will use that. No, the day after tomorrow. So what.”...
...On Wednesday, the one-time pandemic darling acknowledged the new reality by announcing a partnership with food delivery service Uber Eats....
...“We will continue to move forward in the energy transition at a speed our customers can afford and at a pace that allows us to maintain reliable service for our customers.”...
...Our new US Election Countdown newsletter launches tomorrow with authoritative, impartial analysis and behind the scenes insights from FT journalists across the campaign trail. Sign up here....
...Of course, having written this down someone big is surely going to faceplant tomorrow....
...Like them, the new sports streaming companies hope that there is safety in numbers....
...India’s traditional IT service providers, such as Infosys and TCS, have made the country a software services exporting powerhouse....
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