Google will restructure its responsible artificial intelligence efforts to centralize teams under a single executive, according to people familiar with the situation, as the internet giant tries to stabilize groups working on ethics research and products after months of chaos. The Alphabet Inc. unit is expected to announce the changes as soon as Thursday, according to the people, who asked not to be identified discussing the private information. Google has sought to diffuse… Source link
Read More »Yandex and Sberbank agree to reorganize Yandex.Market and Yandex.Money Nasdaq:YNDX
MOSCOW, June 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Sberbank to reorganize their two Joint Ventures – Yandex.Market and Yandex.Money. As a result of this transaction, Yandex will become the controlling shareholder in Yandex.Market, while simultaneously exiting the Yandex.Money joint venture. Tigran… Source link
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