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...The money will predominantly be used to buy out retirement obligations to former partners and return capital to its 600 current partners, as well as to recapitalise the balance sheet and build a war chest...
...Additional reporting by James Fontanella-Khan and Ortenca Aliaj...
...DeepMind has developed a prototype artificial intelligence football tactician in collaboration with Premier League club Liverpool, in the latest push to use the technology to master the ebb and flow of big-money...
...Amazon Web Services, the tech giant’s cloud computing unit, bought the centre from US power generator Talen Energy, which developed the site adjoining a nuclear power station....
...Protecting people on an open, global web is an urgent example of why we need a bold and responsible approach to AI. It’s not the only one....
...It’s the ultimate and perhaps inevitable inversion of the starting point of the world wide web, which was all about helping users easily find and navigate the multitude of original web pages that sprang...
...These costs should, in theory, be offset by the resulting performance improvements....
...The retailer was hit by several profit warnings and an accounting error relating to its stock position....
...Tiger’s short portfolio, overseen by Coleman, had been making money until the end of October, but it lost those gains in a fourth-quarter rally of “low-quality companies”....
...How peculiar is it to measure success in business by selling the business, not by benefiting from the success of the business? You actually have to part with an asset....
...Investors remain keen to put money to work with multi-manager hedge funds, which allocate capital to specialist traders who are overseen by sophisticated risk management technology....
...such as analyse the content of web pages....
...Much of that is in the hands of Amazon Web Services and Microsoft, with Google still a distant third. There are strong forces that favour a concentrated market....
...Baker Tilly secured a $1bn investment led by H&F in February....
...Adalytics said some of the websites were likely to have received money for hosting the adverts, via a revenue sharing agreement with Google, though it was impossible to estimate how much....
...Capital One’s market cap is $52bn and it expects this combination to be transformative enough to boost earnings per share by more than 15 per cent in 2027....
...One good read A carbon tax by other means....
...News of the job cuts were first reported by Bloomberg....
...One person close to the bid has disputed this characterisation and insisted the money to finance a full takeover was there....
...Google collected excessive fees on digital purchases on its Play Store by preventing alternative payment methods that could offer lower fees, the states argued....
...“I believe the transition we are seeing right now with AI will be the most profound in our lifetimes, far bigger than the shift to mobile or to the web before it,” said Google and Alphabet chief executive...
...If the deal becomes unviable due to political opposition, RedBird IMI would be forced to either bring in new money to dilute its ownership of Telegraph Media Group or seek to sell the newspaper....
...“Fraudsters spin whole webs of lies and fabricate all sorts of things to convince people to send them money,” said City minister Bim Afolami....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...Tatler Asia, which was purchased by Swiss family business Edipresse two decades ago, said it was “heartbroken” by Messi sitting out the game and that it had “pleaded” with Inter Miami to urge the Argentine...
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