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Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...These debts include mortgages and loans for cars, rental equipment and yachts....
April 24, 2024
The crisis in European equities
Flight risk? London listings are the most vulnerable to New York’s allure
...Philips Listing: Amsterdam The Dutch conglomerate, which is focused among other areas on medical equipment for diagnostic imaging, said almost half its €17.8bn in global sales last year were generated...
May 26, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Energy sector
Fusion energy breakthrough by US scientists boosts clean power hopes
...Two of the people with knowledge of the results said the energy output had been greater than expected, which had damaged some diagnostic equipment, complicating the analysis....
December 11, 2022
LexSpirent Communications PLC
How private equity is behind the latest loss from London’s stock market Premium content
...The $2.3bn telecoms equipment maker has made a recommended £1bn bid for London’s Spirent, which will be partly financed via a $400mn convertible pay-in-kind toggle loan from Silver Lake....
March 5, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...In-house chip development will give the equipment makers more control in programming the features and performances they wish to have, further differentiating their products from competitors....
March 14, 2024
Big Tech
Big Tech boosts profits by $10bn with accounting change to server life estimate
...It said last week that “advances in technology” and “increased efficiencies” in how its operates its equipment allowed it to extend its estimated life....
February 5, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
FT CollectionsFT’s top stories on Wagner
Wagner leader generated $250mn from sanctioned empire
...Mercury LLC, a company operating in the Syrian oil sector and sanctioned by the EU in 2021, generated sales of $67mn in the three years before the designation but declared zero revenues afterwards....
February 21, 2023
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...Such models require vast amounts of computing power to operate, requiring the use of huge server farms that use chilled water to cool down equipment by absorbing heat from the air....
February 25, 2024
News in-depthWar in Ukraine
The decoy weapons leading Russian forces astray in Ukraine
...the original equipment down to the placement of nuts and bolts....
September 22, 2023
News in-depthUS economy
Wave of corporate exits sends chill through Chicago
...In June, Caterpillar, known for its bright yellow earthmoving equipment, decided to shift its base from a Chicago suburb to a city near Dallas....
August 1, 2022
War in Ukraine
US hits Turkish and Chinese companies over Russia trade
...Russian records suggest it has shipped about $2.1mn of goods to Orlan LLC — a St Petersburg company that is a self-described fishing equipment supplier....
December 12, 2023
FT MagazinePink Snow 2023: a winter sports special
Pink Snow: news from the slopes
...Vail Resorts, the largest ski operator in North America, is planning to shake up the equipment market by piloting a scheme that does away with rental shops....
October 12, 2023
Ruchir Sharma
What’s wrong with tech giants riding the AI wave
...The leaders were a mix of old office machine manufacturers such as Burroughs that had diversified into computers, and newcomers like DEC — the Digital Equipment Corporation — which avoided using the word...
July 30, 2023
Technology sector
Microsoft and Alphabet’s core businesses resilient as they brace for AI costs
...Like Microsoft, its margins were also boosted by a change in the estimated life of its data centre equipment that resulted in lower depreciation charges....
July 26, 2023
On Wall StreetWilliam Cohan
Apollo’s mission in finance
...making money the old-fashioned way: taking prudent risks where others no longer are willing to tread, such as in the senior secured financing of receivables, of aircraft, of real estate and of plant and equipment...
June 17, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Alphabet Inc
Google advertising bounces back with return to revenue growth
...Earnings were also boosted by a near-$1bn reduction in depreciation costs, following a decision last quarter to extend the useful lives of the company’s data centre equipment for accounting purposes....
April 25, 2023
Quantum technologies
Google claims breakthrough in quantum computer error correction
...The breakthrough in error correction was the result of improvements Google had made to all components of its quantum computer, from the quality of its qubits to its control software and the cryogenic equipment...
February 22, 2023
#techAsia
AI’s other winners and the new battery battle Premium content
...The Japanese government says the curbs, which cover 23 categories, are narrowly targeted at equipment for advanced chips and the measure’s “overall impact will be limited”....
April 6, 2023
Live news updates from February 8: UK mulls sending jets to Ukraine, Disney stems streaming losses
UK imposes more sanctions against Russia
...The UK also announced sanctions against Moscoms LLC, an IT services group that provides host domains for Russian organisations....
February 8, 2023
FT Tech for Growth Forum
The rise of the platform economy
...It can take an agricultural equipment dealer half a day to sell a harvester worth €500,000, “so he’s not spending another hour to sell a small intangible service for €400 a month”....
March 13, 2023
Google LLC
Indian tribunal rejects Google attempt to block $162mn antitrust fine
...The company has argued that “Android has greatly benefited Indian users, developers, and OEMs [original equipment manufacturers], and powered India’s digital transformation.”...
January 4, 2023
Special ReportAsia-Pacific Innovative Lawyers
Practice of law: best practice in legal work
...: 8; Total: 20After Covid-19 greatly reduced passenger volumes, the firm ensured Hainan Meilan International Airport Co could operate without interruption by enabling the leasing of land, buildings and equipment...
May 5, 2023
Apollo Global Management LLC
Apollo defends push to retail investors amid Blackstone storm
...A small fraction of these investments have included ownership stakes in various Athene vehicles that, for example, lend to midsized businesses or to fund the purchase of heavy equipment or aircraft....
December 13, 2022
Credit Suisse Group AG
Pimco and Apollo near deal for Credit Suisse’s securitised products unit
...Apollo, for instance, has originated more than $100bn in loans directly over the past 12 months, much of them through its own lending operations spanning equipment finance, mortgages and mezzanine real estate...
October 26, 2022
Technology regulation
Big tech groups face probe by UK regulator over cloud services
...Cloud computing allows individuals and companies to process and store data remotely, without relying on any of their own server and computing equipment....
September 23, 2022

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