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Donald Trump is considering appointing Gail Slater, a key aide to vice-president-elect JD Vance, to lead the Department of Justice’s antitrust unit, signaling a tough enforcement approach against Big Tech. This move aligns with a growing populist sentiment among Republicans advocating for aggressive antitrust actions, similar to those of the Biden administration. Other contenders for leadership roles at the FTC include Melissa Holyoak and Mark Meador, with varying views on antitrust policy.
Walmart has closed all 51 of its health clinics, reflecting broader struggles in the primary care sector as companies like Forward shut down due to financial challenges. Forward's founder, Adrian Aoun, emphasized the need for resilience in the face of market changes and announced plans to launch a new venture shortly after the closure. The shift in consumer preferences towards digital-first healthcare experiences has highlighted the difficulties of operating outside traditional insurance systems.
Toyota's North America CEO, Jack Hollis, argues against EV subsidies and mandates, claiming they distort market signals and have led to stalled sales. However, this assertion overlooks the fact that EV sales continue to rise and fails to address the significant government support for fossil fuels, which disrupts market dynamics even more. The call for consumer choice in the EV market is seen as disingenuous without acknowledging the broader context of government intervention in both sectors.
The global artificial intelligence in healthcare market is projected to grow from US$ 13,248.65 million in 2022 to US$ 187,704.75 million by 2031, achieving a CAGR of 41.1% from 2024 to 2031. Key players include Intel, Microsoft, and Philips, focusing on innovations in diagnostics and patient care. The report provides a comprehensive analysis of market trends, regional insights, and competitive strategies shaping the industry.
OpenAI has secured a $1.5 billion investment from SoftBank, enabling employees to sell shares in a tender offer. This move allows current and former employees to cash out while SoftBank increases its stake in the AI startup, which has seen its valuation soar to $157 billion since launching ChatGPT. The tender offer is open until December 24 for eligible employees, reflecting a shift in OpenAI's approach to liquidity amid a competitive AI landscape.
Workday shares fell 11% in after-hours trading following a quarterly forecast that missed Wall Street expectations, projecting a 25% adjusted operating margin and $2.03 billion in subscription revenue. Despite a 16% year-over-year revenue growth in the fiscal third quarter, the company faces increased deal scrutiny globally and aims to expand in the U.S. government sector. CEO Carl Eschenbach announced the acquisition of Evisort and the introduction of AI tools by 2025, anticipating a positive impact on future bookings and revenue.
A group of former Google and Stripe executives has raised $56 million for their AI agent startup, /dev/agents, which aims to create a cloud-based operating system for AI agents. The funding round, led by Index Ventures and CapitalG, values the company at $500 million. The founders, experienced in developing operating systems, believe a common framework is essential for the future of AI agents, similar to Android for mobile apps.
Huawei launched the Mate 70 series on November 26, 2024, featuring its new operating system, HarmonyOS NEXT, marking a significant step towards technological independence amid U.S. sanctions. The series includes the Mate 70, Mate 70 Pro, and Mate 70 Pro+, with prices starting at 5,499 yuan. The company aims to position HarmonyOS NEXT as a viable alternative to Android and iOS in China, leveraging its brand and developer ecosystem to attract users.
Huawei Technologies Co. will transition its smartphones and tablets away from Google's Android to its own HarmonyOS Next starting next year, signaling a shift towards indigenous technology. The new flagship Mate 70 will lead this change as the company aims to reclaim the premium market in China from Apple Inc. and establish a tech ecosystem independent of US providers.
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Trump considers tough antitrust leader for Department of Justice team
Apple Inc.
Google Inc.
Amazon.com, Inc.
Meta
USA
Mark Meador
Mike Lee
Lina Khan
Andrew Ferguson
Gail Slater
Karoline Leavitt
Mitch McConnell
Melissa Holyoak
Jonathan Kanter
JD Vance
Julie Brillaut
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00:08 28.11.2024
us antitrust investigation launched against microsoft over cloud and software practices
forward shuts down amid funding challenges and changing healthcare landscape
United States Dollar
CVS
Amazon.com, Inc.
Google Inc.
Alphabet Inc.
Walmart Inc.
USA
Brit Morin
Jessica Lessin
Sam Lessin
Dave Morinville
Adrian Aoun
Aniq Rahman
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17:00 27.11.2024
toyota ceo misrepresents ev market dynamics and consumer choice arguments
16:01 27.11.2024
artificial intelligence in healthcare market projected to reach over 187 billion by 2031
United States Dollar
Medtronic
Microsoft Corporation
Koninklijke Philips N.V.
Micron Technology, Inc.
Siemens Healthcare GmbH
Google Inc.
Intel Corporation
NVIDIA Corporation
IBM
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13:36 27.11.2024
OpenAI secures 1.5 billion investment from SoftBank in employee share tender offer
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QUALCOMM Incorporated
NVIDIA Corporation
Microsoft Corporation
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Alibaba
Databricks
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KOR
Geoff Lewis
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06:15 27.11.2024
workday shares drop on disappointing quarterly forecast and future growth concerns
United States Dollar
Salesforce, Inc.
Google Inc.
UiPath Inc.
Workday, Inc.
SAP SE
Oracle Corporation
Evisort
USA
Zane Rowe
Carl Eschenbach
Doug Robinson
Rob Enslin
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22:15 26.11.2024
former google and stripe executives raise 56 million for ai agent startup
United States Dollar
Meta
Microsoft Corporation
Google Inc.
OpenAI
Stripe
Palo Alto Networks, Inc.
Dropbox, Inc.
USA
David Singleton
Hugo Barra
Nina Achadjian
Alexandr Wang
Andrej Karpathy
Nicholas Jitkoff
Ficus Kirkpatrick
Nikesh Arora
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15:00 26.11.2024
huawei launches mate 70 series with new harmonyos next operating system
10:31 26.11.2024
huawei shifts to homegrown software with new harmonyos devices in china
09:56 26.11.2024
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