Google’s DeepMind is having an identity crisis
Hassabis has ceded day-to-day control to DeepMind’s CTO Koray Kavukcuoglu. Here’s what happened.
We haven't written up this one. Fortune has the full story — the link below goes straight to it.
More in Finance & Markets
Estimated FY2026 Budget Deficit
From CBO. Source: CBO. Notes: Solid light purple is FY2024, solid dark purple is FY2025, dashed black is FY2026 estimate for cumulative deficit.
British Pound recovers early losses against US Dollar, US PPI data eyed
The British Pound (GBP) claws back its early losses against the US Dollar (USD) and flattens at around 1.3495 during the European trading session on Thursday.
JD.com’s second-quarter profit climbs 15% as food-delivery losses narrow
Chinese e-commerce giant JD.com saw its second-quarter net profit soar 15 per cent year on year to 7.1 billion yuan (US$1.1 billion), beating market expectations despite a slight dip in overall…
2 more Cnergy petrol stations expected in Jurong and Marsiling in 2027
Petrol stations helped fuel record first-half profit for Union Gas.
JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses (Luz Ding/Bloomberg)
JD.com Inc. posted its first quarterly revenue decline since listing in 2014, in the latest sign of waning Chinese consumer sentiment.
Rupee records gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar on Thursday. The local unit closed the day at 277.65, a gain of Re0.01 against the greenback.