Sam Altman Joins Microsoft After OpenAI Ousting
Microsoft Corp. said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the OpenAI co-founder was ousted from his startup last week,…
Read moreUBS to Cut Staff Up to 30% After Credit Suisse Deal
UBS Group AG will cut its workforce by between 20% and 30% after completing its takeover of Credit Suisse Group AG, SonntagsZeitung reported, as Swiss prosecutors started…
Read moreWage Growth Notches Record Increase in U.S.
There is one piece of good financial news out this week: wages have gone up across the board in the past year. A new report from the…
Read moreWhat China’s Big Tech Crackdown Is Really About
Back in July 2014, China’s top business regulator summoned executives at Alibaba to a meeting. The State Administration for Industry and Commerce (SAIC) accused the e-commerce giant…
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