Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025
Company retains position as top electric vehicle maker but shares weaken
AI start-up’s new chief says race to build large language models against Big Tech got ‘insanely expensive’
Fresh funding from Japanese carmaker includes plans for manufacturing alliance
Eras in financial services end or recede with the incumbents always the last to find out
Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud
Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns
Tech innovators have escaped new rules on AI’s potential harms but a post-spill clean-up could be worse
Co-heads of British lender’s investment banking arm seek to reduce reliance on debt underwriting
US sportswear maker’s quarterly sales fell 10% in a reflection of its retail struggles
Chief Marc Rowan sets targets for private capital group to become one of world’s largest debt underwriters
Tech groups race to turn generative artificial intelligence into a staple of working life in bid to drive revenues
Brokerage’s longtime leader will be replaced by company president Rick Wurster
Drugmaker’s CEO sees chance to widen use of anti-obesity medications for ‘health maintenance’
A former employee at the accounting firm has been charged with fraud
How a $67bn deal went wrong
Plus, TPG leans into the streaming wars and PGIM’s chief executive warns of ‘layered leverage’ risks in private equity
Ofcom ‘absolutely prepared’ to impose heavy sanctions on platforms that do not comply, Melanie Dawes says
Private equity group’s DirecTV and Dish deals are about creating a budget rival to Netflix and Apple
Fashion label to be acquired by New York-based Bluestar Alliance
Weapon bearing ex-president’s name is same kind that injured him in attempted assassination
Private equity firm leads rescue deal to keep EchoStar afloat
Japanese group led by Masayoshi Son set to join $6.5bn funding round that would value start-up at $150bn
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard
Union’s opposition to Kroger’s $25bn purchase of Albertsons sparks doubts in local affiliate
