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...It’s a classic case of how tech giants use network power to maintain monopolies in ways that reduce innovation (Apple of course says all this is nonsense)....
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...In 2020, China updated its export control rules to effectively give Beijing a say in any deal that would sell Chinese technology to an American buyer....
...Frequently the best thing to do in a large network industry, particularly if it involves information technologies, is to make sure that it interoperates between firms....
...Yet the union membership rate has continued to slide, reaching a record low of 10 per cent of US workers last year....
...Its third-quarter sales fell by a fifth to €5bn, with higher interest rates and slower global growth prompting its customers to retrench, the company said at the time....
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...Whilst the card companies do not receive the fees themselves, offering issuers higher rates acts as an incentive for banks to choose one network over the other....
...But it has only relatively recently found wider adoption among consumers, and usage rates remain low....
...“To me that’s the antitrust elephant in the room — that they all charge the same rate because they all have no competition,” he said. “I think 30 per cent’s days are numbered.”...
...Clients will be able to use BlackRock’s large language model technology to help them extract information from Aladdin....
...A version of this article was first published by Nikkei Asia on January 4. ©2023 Nikkei Inc. All rights reserved....
...into technology to deal with the impact of developments in artificial intelligence....
...Walkers contended that Sensations Poppadoms should be zero-rated for value-added tax (for which the standard rate in the UK is currently 20 per cent)....
...We believe that Dojo can add up to $500bn to Tesla’s enterprise value, expressed through a faster adoption rate in Mobility (robotaxi) and Network Services (SaaS)....
...The goal is around 250,000 units a year, though Tesla does not expect to hit this rate until 2025. Meanwhile, pre-orders stand at more than 1mn....
...The highest interest rates in more than a decade have combined with relatively high inflation and led to a disconnect between buyers and sellers....
...On the other, the telecoms groups that invented and control the “standard essential patents”, which allow all kinds of gadgets to access the 5G and WiFi networks that they need to work....
...Disney said Charter will pay “market based rates”. Previously, Charter has said it was prepared to pay Disney more than $2.2bn in 2023 for its programming....
...Meta founder Mark Zuckerberg said in the Facebook parent’s first 2023 quarterly earnings call that these so-called click-to-message ads had hit a “$10bn revenue run-rate”....
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