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...Tencent and NetEase shares are still 6 per cent and 8 per cent lower, respectively, from where they were immediately before last month’s announcement....
...Its shares closed on Friday at $6.97, down around 50 per cent this year....
...Altice announced it November it had agreed to sell a majority stake in its French data centre unit to Morgan Stanley, and has also been looking to dispose of online video advertising company Teads....
...Last year, payments business Stripe arranged a $6.5bn deal that allowed employees to sell the number of shares necessary to cover the tax liability on vested RSUs....
...It then suggested positional improvements and assessed their plausibility and usefulness in a blind case study by five experts at Liverpool: three data scientists, one video analyst and one coaching assistant...
...China’s video game regulator has taken down draft regulations proposing controls on players’ spending, a move that has helped boost Tencent and NetEase stocks....
...Curiously, the FTC gave scant mention to Walmart, which leads US grocery sales with 23.6 per cent of the market last year, according to analytics firm Numerator....
...Cruise representatives “attempted” to play regulators a video of what had happened, but internet issues stopped them from doing so “clearly and fully”....
...But the fate of TikTok, which 170mn Americans use to share and flip through short videos, is far from certain as the bill heads to the Senate....
...Generative AI — systems that spew out text, code, and video in seconds — has opened up a new front in the battle for big tech dominance across Silicon Valley....
...Izzy Englander’s New York-based Millennium, which runs $61.4bn, gained 10 per cent last year, while Steve Cohen’s Point72 Asset Management, which has $31.4bn in assets, was up 10.6 per cent, investors said...
...Take a break from the news It looks like video games may be coming for the novel, writes Imogen West-Knights....
...While Capital One trades at 1.4 times tangible book value, it will pay 2.6 times for Discover, inclusive of a 27 per cent premium owed to shareholders. (American Express trades at 6 times book value)....
...A century ago, it was perfectly common for US companies to dish out 6 per cent dividend yields to shareholders every year....
...Demand for expensive, 60-second TV ads has shifted to quick and cheap influencer-posted TikTok videos....
...Oh, and the 27.6 per cent returns that listed BDCs notched up last year, thanks to a combination of rising rates helping juice the payments they collect on their floating rate loans and the price appreciation...
...Grisi, who earned a total of €6.8mn last year, would see his fixed salary increase from €3mn to €3.15mn under the new plan....
...Google could simply stop serving ads through its search and video partner networks, Kramer says, but he doubts the company wants to become a smaller, if better, business....
...Academics suggest that AI demand would drive up water withdrawal — where water is removed from ground or surface sources — to between 4.2bn and 6.6bn cubic meters by 2027, or about half the amount consumed...
...The Hang Seng Tech index jumped 3.6 per cent, with short-video platform Bilibili adding 8.7 per cent....
...The PEG ratios of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla are 4.6, 1.3, 1.3, 1.2, 2.6, 0.7 and 2.1, respectively....
...Video game maker Tencent and Lululemon founder Chip Wilson were also part of the acquiring group....
...An oil analyst at a US commodities trading house has been dismissed after a video that circulated on social media showed him in a tense exchange with an onlooker as he covered up what appeared to be posters...
...The Supreme Court’s 6-3 ruling in Dobbs vs Jackson Women’s Health Organization, which gave states the right to set abortion policies, split the country....
...Another demonstration by YouTuber Mark Rober used Bard integrated with Gemini to direct a video where he tested how to craft the most aerodynamic paper plane....
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