Tag: Business
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Flutter shares plummet on earnings miss and another key leadership change
FanDuel, Flutter’s most important business, has been losing its dominance in market share in the United States.
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Google shakes up AI leadership as DeepMind chief shifts role
SAN FRANCISCO, Aug 5 : Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and several leaders of its Gemini model, including veteran engineer Jeff Dean, departing the company.The shakeup comes during a
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Major Wall Street hedge funds targeted in attempted cyberattacks, Bloomberg News reports
Aug 5 : Hackers attempted a series of sophisticated cyberattacks on major Wall Street money managers in recent days, targeting their information systems, Bloomberg News reported on Wednesday, citing people familiar with the matter.Some of the world’s largest hedge funds, including Two Sigma Investments, Citad
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Google’s AI reshuffle: Chief scientist Jeff Dean exits and Demis Hassabis steps down as DeepMind CEO
Google’s AI divisions are getting reshuffled, the search giant announced on Wednesday.
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Shopify shares soar as forecast shows AI is boosting business, not disrupting
Aug 5 : Shopify issued a rosy third-quarter forecast on Wednesday as the company’s AI efforts draw more merchants to its suite of e-commerce services, assuaging fears over growing competition and sending its shares up more than 18 per cent. The strong outlook and a market-beating June quarter show that AI is
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Air India appoints former Ethiopian Airlines chief as CEO
NEW DELHI: Air India appointed former Ethiopian Airlines Group head Tewolde Gebremariam on Wednesday (Aug 5) as its chief executive officer, to steer the carrier after a turbulent period.Tewolde succeeds Campbell Wilson, who resigned after leading the airline since its return to
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Swirling, vortex-like patterns observed on the sun’s surface
WASHINGTON, Aug 5 : Astronomers have obtained the highest-resolution images to date of our sun’s visible surface, observing swirling, vortex-like patterns in superheated solar gases reminiscent of the shapes depicted in the nocturnal sky in Vincent van Gogh’s 1889 painting “The Starry Night.”The researchers m
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