The Cofounder of Google's Acclaimed AI Lab, DeepMind, Is On Leave

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The Cofounder of Google's Acclaimed AI Lab, DeepMind, Is On Leave

Mustafa Suleyman, the cofounder of Google’s acclaimed AI lab DeepMind, is on leave, a spokesperson confirmed to Forbes. “Mustafa’s taking some time out right now after ten hectic years,” the company said, describing the leave as a mutual decision and …
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Cramer: The underlying economy is good, but fear will drive us into recession

CNBC’s Jim Cramer said Wednesday that the economy is in good shape, but Wall Street could talk itself into a recession. The stock market, climbing less than 1% during the trading day, continued to stage its recovery from last week’s massive sell-off that was …
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Fed Saw July Rate Cut as Insurance for Growth and Inflation

… economists remain positive on growth, with estimates showing the expansion continuing into 2021, according to forecasts compiled by Bloomberg.
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Splunk acquires cloud monitoring service SignalFx for $1.05B

Splunk, the publicly traded data processing and analytics company, today announced that it has acquired SignalFx for a total price of about $1.05 billion. Approximately 60% of this will be in cash and 40% in Splunk common stock. The companies expect the …
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Victoria's Secret drags down parent company L Brands second-quarter earnings

Lingerie maker Victoria’s Secret dragged on parent company L Brands’s second-quarter earnings, which topped analysts’ expectations on profit while falling short on sales, the company said Wednesday. Its shares initially jumped more than 3% in after-hours …
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