المشهد العربي
Source: المشهد العربي
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The stock of Alphabet, the parent company of Google, dropped by 3.36% to reach $364.95 following a restructuring of the company's artificial intelligence division, DeepMind, and due to legal pressures in Britain. In a leadership move, Chief Scientist Jeff Dean resigned after 27 years, and Cahit Kafukçuoğlu took over the management of the division. Meanwhile, former CEO Hasapis transitioned to the role of Chairman to address legal challenges, which included a British court's rejection of Google's request to dismiss a class-action lawsuit related to monopoly violations. This could potentially expose the company to accusations of abuse of dominance in operating systems and advertising.
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