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News in-depthApple Inc
Apple targets Google staff to build AI team
...Chief executive Tim Cook has told analysts Apple “has been doing research across a wide range of AI technologies” and investing and innovating “responsibly” around the new technology....
April 30, 2024
Google LLC
Google considers charging for AI-powered search in big change to business model
...Engineers are developing the technology needed to deploy the service but executives have not yet made a final decision on whether or when to launch it, one of the people said....
April 3, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...The division had roots in Credit Suisse First Boston’s New York mortgage securitisation business in the 1980s and was led by veteran executive Jay Kim, who moved with most of the team to Atlas SP when the...
April 24, 2024
InterviewCNN News Group
CNN’s Mark Thompson: ‘There’s plenty of things we have to fix’
...The service was axed after WarnerMedia merged with Discovery, bringing its brands under the Max streaming service, with management believing it was too expansive....
April 17, 2024
Technology sector
Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
...Many of the biggest sales this quarter have come from technology executives....
March 24, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...As well as spending on technology and new service offerings to clients, Grant Thornton could also step up acquisitions, an area where it has historically been less active than many rivals, the people said...
March 15, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Trading technology
Citadel Securities moves data and algorithm testing to Google Cloud
...Bhat added that Google was working with regulators to understand their requirements and make sure the technologies were used securely....
April 9, 2024
Darktrace
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
...Thoma Bravo is buying the business to help it expand into the US, where it owns dozens of enterprise software businesses, a person familiar with the matter said....
April 26, 2024
LexArtificial intelligence
China’s search for an answer to ChatGPT is just beginning Premium content
...China’s biggest AI systems company SenseTime is a veteran of this technology; the latest version of its generative AI model has been going through upgrades at a rapid pace....
April 24, 2024
Due Diligence
Silver Lake raises record fund for ‘bigger bets’ Premium content
...Houlihan Lokey has hired Scott Kirkby as a managing director for its European financial services and technology team. He previously worked for Bupa....
May 9, 2024
Energy sector
Commodity traders bet on big data and AI
Sector pushes to harness latest tech tools as competition from hedge funds intensifies
April 21, 2024
News in-depthTechnology regulation
Big Tech regulatory crackdown spreads to Asia and Australia
...In recent months, Canberra has moved to broaden its regulatory scrutiny into digital payments and enforce existing measures that are being resisted by technology businesses....
May 10, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
April 18, 2024
Google LLC
Google releases ‘Gemini’ in new effort to cash in on generative AI
...into its Cloud services and search products, which compete with AI advancements by Microsoft’s Copilot....
February 8, 2024
The Big Read
How Google lost ground in the AI race
...has hampered efforts to stamp its mark on the technology....
April 5, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexCapital One Financial Corp
Capital One faces steep bill to shift from digital lender to tollkeeper Premium content
...Within a decade, Morgan Stanley had spun off Discover as a standalone consumer enterprise, acknowledging the benefits of the combination were not there....
February 20, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also states that platforms offering ranked search results must treat the listing of third-party services in a “fair and non-discriminatory” manner....
March 25, 2024
LexRetail trading
Webull’s $7bn listing deal shows Spac madness is not entirely over Premium content
...The deal with SK Growth Opportunities is expected to raise about $100mn, giving the company an implied enterprise valuation of $7.3bn....
March 4, 2024
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...How far should regulators go in dictating the basic designs of some of the most widely used tech products and services?...
March 7, 2024
The Big Read
How AI is transforming the business of advertising
...“Platforms are dealing directly with enterprise clients,” he adds. “SMEs can work directly with Google and Meta.”...
February 11, 2024
Alphabet Inc
Alphabet surges past $2tn valuation as it announces first dividend
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
April 26, 2024
Mubadala Investment Company PJSC
Mubadala’s $3bn Fortress deal clears crucial US regulatory hurdle
...Mubadala holds a minority equity interest in US technology private equity group Silver Lake and has created large lending and investment partnerships with Apollo Global....
May 10, 2024
Football
Google DeepMind unveils AI football tactics coach honed with Liverpool
...The US National Football League and Amazon Web Services have developed a player health tool known as the Digital Athlete, which they hope may in time be able to predict and prevent injuries....
March 19, 2024
Tiger Global Management LLC
Tiger Global closes $2.2bn fund well below its original target
...Tiger was one of the most prolific investors in private technology start-ups during a venture boom that peaked in 2021....
April 1, 2024
News in-depthEnterprise software
The unstoppable rise of Fortnox: Swedish software group attracts short sellers
...While some technology chief executives transform their industry, few have redefined it the way Tommy Eklund has at Fortnox....
March 27, 2024

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