[unable to retrieve full-text content]The White House keeps talking up Fed independence. It could be a ‘message’ to Wall Street. Yahoo Finance Source link
Read More »Yandex: the end of independence
For the past 25 years, Yandex, arguably Russia’s most innovative company, has struggled to preserve its independence from the Kremlin. The announcement of a planned $5.2-billion deal to sell the company’s Russian businesses to a consortium of investors brought an end to that era, raising questions over not only who will be the company’s true owners, but the future of the company itself. The story of Yandex is an analogy for Russian business during the Putin era. Back in the late… Source link
Read More »US does not support Taiwan independence
By Steve Holland, Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said on Saturday the United States does not support the independence of Taiwan, after Taiwanese voters rebuffed China and gave the ruling party a third presidential term. Earlier in the day, the Taiwanese ruling Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te came to power, strongly rejecting Chinese pressure to spurn him, and pledged both to stand up to Beijing and seek… Source link
Read More »UAB upsets BYU in Independence Bowl
UAB got its second bowl win in team history Saturday. DeWayne McBride rushed for over 180 yards in the Blazers’ 31-28 upset over No. 13 BYU in the Independence Bowl. The win means UAB finishes the season at 9-4 and has won at least nine games in three of the past four seasons. It’s an incredible turnaround for a program that didn’t exist in 2015 and 2016 after it was shut down. UAB hadn’t finished above .500 from 2005-2014 and university leaders didn’t think the program was worth… Source link
Read More »DeepMind reportedly lost a yearslong bid to win more independence from Google
Tensions between Google and its AI brain trust DeepMind have always been fascinating. To put the relationship in crude terms: DeepMind, founded in 2010, is home to some the best AI researchers in the world who output a steady stream of insightful academic papers and Nature front covers. Google, meanwhile, bought DeepMind in 2014 and bankrolls its large losses, and it really, really wants to squeeze some money out of all those juicy brains. That’s why a recent story on the two companies… Source link
Read More »