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...The EU’s probe into web apps would come after the March 6 deadline for companies to comply with the terms of the DMA, landmark legislation designed to tackle the power of Big Tech groups....
...The Delaware court this year invalidated such a practice at the investment bank Moelis & Co, which had given its founder veto power over nearly all of the standard work conducted by a board of directors....
...The father of mortgage-backed securities, unsurprisingly, puts his faith in the power of markets. Larry Fink last week released his perennially anticipated shareholder letter....
...Tesla has paused production and evacuated its only European car manufacturing plant after a suspected arson attack on a nearby electricity pylon caused widespread power cuts....
...And that’s how we continue to deliver and deliver with pricing power. Further reading— Trevor Milton’s smol bean legal defence...
...The group’s market capitalisation has almost halved from its late-2021 peak of $1.2tn, when investors’ faith in the messianic powers of Musk went unquestioned....
...Venues can feel pressured to use Ticketmaster as its ticket vendor: Live Nation could use its promotional power to prevent the venue from getting shows....
...This will include research, models, computing power and those responsible for overseeing their accuracy and trustworthiness....
...That helped power total flows into ETFs in the quarter to $67bn....
...Talent agency UTA has parted with veteran Hollywood power broker Michael Kassan, sparking a bitter legal battle over differing allegations about the use of a $950,000 “special expenses” fund....
...Tusk’s new government has claimed that Glapiński abused his powers to try to help the PiS party win last October’s election....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...The most famous is, of course, Moore’s Law, which helps explain the exponential increase in computing power that underlies the latest advances in AI....
...Flutter — previously Paddy Power Betfair — was an early mover. It now operates mobile sports betting in 22 states and online gaming in five....
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
...It conveys sweeping powers against firms that “attempt to monopolise” a market....
...Around the world, more attempts are being made to put limits on tech company power. Slowly, Apple’s closed ecosystem is being chipped away....
...Just last month it said it would buy US-based power chip company Transphorm for $339mn. Getting the most out of those buys could stretch any management team....
...A trial is ongoing in a separate federal case over the Alphabet-owned company’s market power for internet search....
...China has powers to block the export of ByteDance’s algorithms that power TikTok and Beijing’s commerce ministry said last year it would “firmly oppose” a forced sale by ByteDance....
...Tech companies have axed 34,000 jobs this year as they rejig their workforces to invest in new areas such as generative artificial intelligence to power their next phase of growth....
...Hovenkamp: The first difficulty is the market power question....
...It’s baffling to watch a film about the relevance of the public broadcast service produced by the subscriber-funded disrupter whose role in the cultural discourse has been to undermine its power....
...The issue for Europe is one of competitiveness, said James Waddell, gas analyst at Energy Aspects, who calculated that emissions costs could add around 7 per cent to prices by 2027....
...Teneo and the deal advisory business led by Michael Klein, have been summoned to explain themselves at a Senate committee hearing next week, as lawmakers step up a probe into Saudi Arabia’s use of “soft power...
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