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...The company, a Silicon Valley bellwether, told its investors on Wednesday that it had processed more than $1tn in payments last year, up 25 per cent from 2022, helping it rebound from a bruising period during...
...Noe and another recent hire to Microsoft’s nuclear team were plucked from the Tennessee Valley Authority, a unionised, New Deal-era public utility that has long symbolised democratic control and ownership...
...Berkshire noted that in January the federal government indicated it intended to sue over unpaid costs incurred by the US Forest Service for fire suppression and emergency response related to a 2020 blaze...
...And utilities might be a bit *ahem* exposed....
...“The perceived trade off is that utility commissions lose control when large multinational utilities take over the local utility and that their ability to address things like service quality decreases....
...Lightspeed Venture Partners, one of Silicon Valley’s biggest firms, is putting together a $1bn fund....
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
...Nvidia invests from its own balance sheet, wielding its hefty cash pile and influence over the industry — its H100 GPU processor has become one of the most sought-after products in Silicon Valley this year...
...s action will reignite the war between Brussels and Big Tech at a time when digital groups are being forced to show how they are complying with landmark new rules aimed at tackling the power of Silicon Valley...
...Many in Silicon Valley are against this bill but I staunchly support it....
...Equity incentives remain a vital component of staff remuneration and talent retention in Silicon Valley....
...The DMA, by contrast, has taken on the entirety of some of the most prominent digital services in use today. In Silicon Valley, this has been met with deep apprehension....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...It is the first antitrust challenge against Apple under Biden’s administration, which is pursuing antitrust cases against some of the biggest Silicon Valley companies....
...Kemble is the company set up to raise finance for Thames Water, which needs the cash to service its massive debt load....
...This makes going to a convenience store the obvious solution to many needs, from buying a litre of milk to paying utility bills (in cash, with a receipt stamped with a hanko seal), finding an electronic...
...STDC chair and Tees Valley mayor Houchen had at one point hoped to buy the port in order to incorporate it into the Teesside freeport....
...While there has been a lot of talk about so-called tech decoupling in recent years, I’ve witnessed first-hand how intertwined the U. and Asia tech worlds are — Silicon Valley’s interest in China and Chinese...
...spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy Queen and utility...
...Sequoia’s mess in Sweden Where DD last left Sequoia Capital, one of Silicon Valley’s top venture capital firms, the investment group was in the middle of a dramatic boardroom battle at the Swedish “buy...
...Elliott launched its latest campaign in mid-May following the Vivint deal, arguing that the foray into home services had pushed the utility beyond its core competency....
...water 7km up a mountain can be an essential — and commercially viable — part of an energy system led by renewable power.Built by Spanish company Iberdrola at a cost of €1.5bn, the facility in a rocky river valley...
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...The US ride-hailing company was emblematic of Silicon Valley’s ugly side during the boom years of the 2010s....
...After absorbing the companies involved in the deal — the East Ohio Gas Company, Public Service Company of North Carolina and Questar Gas Company — and their 3mn customers across Ohio, North Carolina, Utah...
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