Wednesday, August 17, 2022

Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+ (Bloomberg)

Bloomberg:
Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+  —  Sea Ltd. posted a bigger loss than expected and withdrew its 2022 e-commerce forecast, joining other online giants struggling …



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What to expect in 2025: increased hype around AI agents, new generative AI-powered gadgets, better weather forecasts due to Google DeepMind's GenCast, and more (Wall Street Journal)

Wall Street Journal : What to expect in 2025: increased hype around AI agents, new generative AI-powered gadgets, better weather forecast...