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...The stand-off is among the most heated clashes between tech giants and media groups in recent memory, as they battle for control over the future of entertainment....
...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...“It’s going to benefit the biggest player, Universal, because they’re the ones with the resources to invest in that....
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
...Google, Universal Music and Warner Music declined to comment....
...relation to the group....
...UL Solutions is owned by the non-profit group UL Standards & Engagement....
...It is also the biggest fund ever raised by Brookfield, which manages $850bn across sectors spanning real estate, credit and insurance, renewable energy and corporate buyouts....
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
...As a result, Universal said it would stop licensing its content to TikTok when its contract expires on January 31....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Corinthia said that Weightman’s only link to the group was a previous relationship with Wheeler....
...Extending it was a priority for business groups....
...“Later next year, we will be adding support for RCS Universal Profile, the standard as currently published by the GSM Association,” Apple said in a statement on Thursday....
...Starbucks is famed for offering its workers the kind of benefits that are often out of reach for low-income employees in the service industry, such as college tuition, generous health insurance and stock...
...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....
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
...Universal Music struck a deal this week with French streaming group Deezer for higher royalties for real musicians such as the Rolling Stones, who have just released a new album....
...the groups had already paid in 2023....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...There is a universal need for local stores and community services, and too few people who will work on basic wages to provide them....
...At consumer products group The Clorox Company, associate general counsel Apur Patel is one of two people leading its strategy on generative AI....
...The ‘nuclear option’ Universal’s showdown with TikTok is testing who has the most power in today’s music economy, the Wall Street Journal reports....
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