Wall Street’s Use of AI and Data Analytics Faces New SEC Rules
Wall Street’s main regulator is unveiling proposed restrictions for brokerages and money managers that use artificial intelligence to
2023-07-27 00:48
Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China
Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as
2023-07-26 22:54
Alphabet Shares Gain on Revenue Beat From Google Search
Google parent Alphabet Inc. reported second-quarter revenue that exceeded analysts’ expectations, boosted by advertising on the company’s flagship
2023-07-26 17:16
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:23
Equifax Says CFPB Probing Data-Accuracy Issues in Workforce Unit
Equifax Inc. said a key financial regulator is investigating how the company handles disputes and data accuracy within
2023-07-26 05:28
Microsoft Posts Tepid Sales Growth as Cloud Business Slows
Microsoft Corp. reported tepid fourth-quarter sales growth, held back by decelerating demand for cloud-computing services while the software
2023-07-26 04:56
Apple Hit With French Objections Over Advertising User Data
Apple Inc. was hit with a complaint from the French antitrust watchdog over allegations it has imposed unfair
2023-07-25 23:49
Adobe’s $20 Billion Figma Deal Faces EU Probe, Adding to Global Scrutiny
Adobe Inc.’s $20 billion takeover of design startup Figma Inc. is on course for an in-depth investigation from
2023-07-25 03:54
FTC’s Khan Defends Antitrust Record After Microsoft-Activision Loss
Federal Trade Commission Chair Lina Khan defended the agency’s record in court, pushing back on criticism in the
2023-07-25 02:52
SoftBank Ups Stake In Symbotic in Joint Venture Deal
SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more
2023-07-24 19:17
Apple Aims to Keep iPhone Shipments Steady Despite 2023 Turmoil
Apple Inc. is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly
2023-07-24 18:51
World’s Biggest Wind Power Projects Are in Crisis Just When World Needs Them Most
Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this
2023-07-22 22:29