Tag Archives: Firm

The end of an era for Russia’s most innovative firm

The end of an era for Russia’s most innovative firm

It’s not a stretch to say that Yandex has a claim to be Russia’s most successful and innovative company. Even Google’s founders were interested in buying it at one time. The company strove to preserve its independence for 25 years, but now that part of its story seems to have reached its end. The Kremlin has long courted the company and soon, in place of founder Arkady Volozh, Yandex will have an entirely new, Kremlin-approved leadership and ownership team. The real beneficiaries of… Source link

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Google cancels contract with an AI data firm that’s helped train Bard

Google cancels contract with an AI data firm that’s helped train Bard

Google ended its contract with Appen, an Australian data company involved in training its large language model AI tools used in Bard, Search, and other products, even as the competition to develop generative AI tools increases. “Our decision to end the contract was made as part of our ongoing effort to evaluate and adjust many of our supplier partnerships across Alphabet to ensure our vendor operations are as efficient as possible,” Google spokesperson Courtenay Mencini said in a… Source link

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FTC nominee Melissa Holyoak traded chummy emails with Google-backed firm that ‘advocates abolishing antitrust rules’

FTC nominee Melissa Holyoak traded chummy emails with Google-backed firm that ‘advocates abolishing antitrust rules’

Business exclusive By Thomas Barrabi Published Jan. 8, 2024, 4:55 p.m. ET Emails obtained by The Post reveal Federal Trade Commission nominee Melissa Holyoak’s chummy rapport with ex-colleagues at a Google-funded think tank – including one who wrote of the FTC that “burning it to the ground is too good for it.” Holyoak, the Republican solicitor general of Utah, previously spent five years as an attorney for the Competitive… Source link

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