Much has been made about the Los Angeles Lakers standing pat at the trade deadline despite some obvious struggles, and the discontent reportedly extends behind closed doors with the team. The biggest topic is what to do, or should have done, with point guard Russell Westbrook, who hasn’t proven to be the kind of player the Lakers need alongside LeBron James and Anthony Davis. The Lakers acquired Westbrook last offseason in exchange for a bevy of players and have since watched his production… Source link
Read More »Apollo believes its Yahoo revival plan can succeed where others failed
The private equity firm Apollo believes it has finally come up with a way to cash in on the promise of Yahoo. But after the venerable but faded online pioneer became a graveyard for the reputations of a succession of media and technology industry leaders, it probably would not pay to assume success too soon. The New York-based investment firm agreed earlier this week to pay communications giant Verizon $5bn for Yahoo, along with AOL and a collection of other digital media… Source link
Read More »DeepMind would have ‘probably failed’ without Google, says investor
Google Deepmind head Demis Hassabis speaks during a press conference ahead of the Google DeepMind Challenge Match in Seoul on March 8, 2016. Jung Yeon-Je | AFP |Getty Images | Getty Images LONDON — One of DeepMind’s first investors believes the artificial intelligence company wouldn’t be around today if it hadn’t been acquired by Google. Founding investor Humayun Sheikh, who held 43,750 of DeepMind’s 3,386,754 shares in 2011, told CNBC that the London AI lab would have “probably failed” if… Source link
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